SourcingSourcing

BLUE WATER ASSET MANAGEMENT, LLC

B54
CRD 175362·SEC 801-81153·GRAND RAPIDS, MI
AUM
$428.5M
$100M-$500M
Est. Revenue
$4.3M
@ 1% on AUM
Est. EBITDA
$1.3M
@ 30% margin
Est. Deal Value
$10.3M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
BLUE WATER ASSET MANAGEMENT, LLC
CRD
175362
SEC file #
801-81153
EIN
—
DBA names
Blue Water Asset Management

Economics

AUM
$428.5M
AUM band
$100M-$500M
AUM trajectory
'20'26
$196.9M → $428.5M▲ +118%
Client mix
Individuals Other794
Individuals High Net Worth122
Corporations15
Charitable Organizations6
Insurance Companies2

Operations

Employees (total)
10
Advisory staff (per ADV)
7
Advisory staff (5-yr trend)
'20'26
7 advisors → 7 advisors▬ 0%
Primary office
GRAND RAPIDS MI
Branches
—

Custodian & Brokerage

Primary custodian
Charles Schwablow confidence
Services offered
Financial planningPortfolio mgmt — individualsPension consultingSelection of other advisers
Fee basis
% of AUMHourly chargesFixed fees

Filings

Latest ADV filing
04/28/2026
ADV-W filed at
—
Website
jaygreer.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
REDFIELD, MARK, SID
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
3
Control Persons
REDFIELD, MARK, SID
RUMSEY, NICOLLE, M.
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
JAYGREER.COM
Rdap Domain Creation Date
2004-02-27T19:10:02Z
Rdap Firm Age Years
22
Rdap Firm Age Band
20+y
Rdap Registrar
GoDaddy.com, LLC

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No
Form 5500 Plan Count
1
Form 5500 Total Compensation
35,391
Form 5500 Compensation Trajectory 3y
202535,391
Form 5500 Plan Count Trajectory 3y
20251
Schedule C Total Compensation
35,391
Schedule C Service Provider Rows
1

SEC EDGAR

Edgar Registered
No

Local market & wealth

Rank targets by how wealthy the local market is

Soi High Wealth Score
0.286
Soi Zip Pct 200k Plus
0.0968
Soi Zip Returns 200k Plus
1,520
Soi Zip Total AGI
1,621,854
Fdic Zip Total Deposits
22,745,029,000
Fdic Zip Branch Count
316
Fdic Zip Top Banks
Independent Bank
Fifth Third Bank

Compliance & brand

Firm Registration Status
active

All other collected signals (24)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
2
Bc Firm Active IA Count
7
Bc Firm IAR Count
7
Custodian Candidates
Full
Charles Schwab6
E*trade4
Fdic Zip Branches Raw
Independent Bank-West MichiganGrand Rapids, MI
Independent Bank-West MichiganGrand Rapids, MI
Fdic Zip HHI
1145.79
Fdic Zip Top Bank Share Pct
21.93
Fdic Zip Year
2025
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2027-02-27T19:10:02Z
Rdap Domain Last Changed
2026-02-28T12:54:29Z
Rdap Nameservers
Ns11.domaincontrol.comNs12.domaincontrol.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Delete ProhibitedClient Renew ProhibitedClient Transfer ProhibitedClient Update Prohibited
Soi Year
2022
Soi Zip Distribution
Stub 1
AGI44,860
Returns3,900
Stub 2
AGI126,110
Returns3,360
Stub 3
AGI145,898
Returns2,370
Soi Zip Total Business Income
61,638
Soi Zip Total Cap Gains
84,490
Soi Zip Total Dividends
37,379
Soi Zip Total Returns
15,700
Top Owner CRD
1564768
Trust Company Affiliate
No

People (8)

8
REDFIELD, MARK, SID
IAR · Direct Owner · 87.5%
1564768
RUMSEY, NICOLLE, M.
IAR · Executive Officer · 2.5%
5512294
ANDY JOHN ARMSTRONG
Executive Officer · 2.5%
4448534
Benjamin H Redfield
IAR
8084371
THEODORE MICHAEL TERZIAN
IAR
2208785
DAVID MICHAEL TEROLLER
IAR
2039247
Beau S Redfield
IAR
6660876
JAY WILLIAM GREER
IAR
1779326