Clearwater Advisors, LLC
Registered investment adviser · Boise, ID · CRD #116865
Form ADV data as of 2026-09-01Regulatory assets
$4.65 billion
Total accounts
84
Employees
9
Disclosure events
0
Firm details
- Website: https://www.clearwateradvisors.com
- Telephone: 208-433-1222
- SEC file number: 801-60686
- Most recent Form ADV filing: 2026-05-07
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $3.92 billion |
| Non-discretionary regulatory assets under management | $727.4 million |
| Total regulatory assets under management | $4.65 billion |
| Discretionary accounts | 81 |
| Non-discretionary accounts | 3 |
| Total accounts | 84 |
| Regulatory assets under management attributable to non-U.S. persons | $168.4 million |
People
| Total employees (excluding clerical) | 9 |
| Employees performing investment advisory functions (including research) | 5 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 5 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 4 |
How the firm is compensated
Advisory services offered
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends brokers or dealers to clients
- Receives soft dollar benefits
Client types
| Type of client | Clients | Assets |
|---|---|---|
| High net worth individuals | Not reported | $78.9 million |
| Banking or thrift institutions | Not reported | $43.1 million |
| Pension and profit sharing plans (not the participants or government plans) | Not reported | $861.4 million |
| State or municipal government entities (including government pension plans) | 10 | $740.2 million |
| Insurance companies | 5 | $626.4 million |
| Corporations or other businesses not listed above | 17 | $2.30 billion |