Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Others Advisors
- Educational Seminars & Workshops
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- State & Municipal Govt Entities
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
Blue Water Capital Management, LLC Overview
Blue Water Capital Management, LLC is an investment advisory firm that has been providing investment advice only since 2007. Based in Syracuse, NY, the firm offers a fee-only fee arrangement to its clients, ensuring that there are no hidden costs or fees. Their primary focus lies in financial planning, portfolio management, and pension consulting services for both individual and small business clients. The firm caters to a wide range of clients and provides portfolio management services to both businesses and institutional clients. They offer a selection of other advisors and educational seminars and workshops to provide clients with a comprehensive understanding of their investment needs. Blue Water Capital Management is committed to helping clients achieve their financial goals by providing them with the knowledge and tools to make informed investment decisions. The firm distinguishes itself from others by offering personalized investment advice tailored to each client's individual needs. They believe that by working closely with clients and understanding their unique situations, they can develop customized investment strategies that align with their clients' goals. This personalized approach has helped them establish a loyal client base that trusts them to manage their financial affairs. Overall, Blue Water Capital Management, LLC is an investment advisory firm that prioritizes its clients' interests and seeks to provide them with the best investment advice possible.
rate fixed fee performance-based fee BLUE WATER CAPITAL MANAGEMENT, LLC offers its services to a diverse range of clients, including individuals, high net worth individuals, pension or profit sharing plans, state or municipal government entities, and other corporate entities that are not predefined. Each client receives personalized attention and tailored solutions to meet their specific financial needs. The firm's expert team of financial advisors offers informed investment advice to help clients achieve their financial goals and objectives. Fee structures vary depending on the type of service offered. Clients can choose between a percentage of assets under management (AUM), an hourly rate, a fixed fee, or a performance-based fee. The percentage of AUM fee structure charges a percentage of the client's total investment portfolio managed by the firm. An hourly rate fee structure charges for the actual time and expertise spent on a project. For a fixed fee structure, clients are charged a flat fee for specific services provided by the firm. In contrast, a performance-based fee structure is based on the return achieved by the investments managed by the firm on the client's behalf. BLUE WATER CAPITAL MANAGEMENT, LLC ensures that its clients have a clear understanding of the fees charged and the services provided to help them make informed financial decisions.
Typical Clients, Fee Structures & Investment Minimum
According to the Part 2 Brochure of Blue Water Capital Management, LLC, there is no mention of an investment minimum. Therefore, it is unclear what the investment minimum is for this firm.
How This Office Can Help Camillus, NY Residents
Blue Water Capital Management, LLC is a team of experienced financial advisors that are dedicated to providing the guidance and support clients need to achieve their financial goals. For those living in Camillus, NY, the team at Blue Water Capital offers a wide range of services designed to help clients tackle a variety of financial challenges. Some common financial situations faced by residents of Camillus, NY may include retirement planning, saving for college, managing debt, or investing in the stock market. The team at Blue Water Capital is equipped to help clients with these issues and more. By providing personalized financial planning and investment management services, the team at Blue Water Capital can help clients make informed decisions that are tailored to their unique needs and goals. Through ongoing communication and education, Blue Water Capital helps clients feel confident and empowered in their financial decisions, so they can live the life they've always imagined.
Services Offered by Blue Water Capital Management, LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Blue Water Capital Management, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Unavailable
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 8 AM–6 PM
- Tue 8 AM–6 PM
- Wed 8 AM–6 PM
- Thu 8 AM–6 PM
- Fri 8 AM–6 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Blue Water Capital Management, LLC is registered to service clients in the following states:
- Florida
- Kansas
- New Hampshire
- New York
- Pennsylvania
Disciplinary History
Blue Water Capital Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.