Firm
Breakwater Wealth Management
Millville, Delaware
Fee-only
Breakwater Wealth Management at a glance
- One of 32 fee-only firms based in Delaware in the Wellspent graph.
- 1 advisor is listed here, who holds the CFP.
- Its Form ADV reports 1 employee and 39 individual clients, 13 of them high net worth.
- Its average account is about $425,000 (assets it manages divided by its 94 accounts).
- Its website says it's taking new clients.
Facts
| Based in | Millville, Delaware |
|---|---|
| Website | breakwaterwm.net |
| [email protected] | |
| Phone | (302) 500-3505 |
Breakwater Wealth Management fees
Breakwater Wealth Management doesn't publish its prices on its website, or we couldn't confirm them word for word. Its website says it charges by: percentage of assets. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets |
|---|---|
| Assets managed | $40 million |
| Individual clients | 26 |
| High-net-worth clients | 13 |
| Accounts managed | 94 |
| Employees | 1 |
| Planning clients | 11-25 |
| Financial planning | Offered |
| Form ADV filed | October 26, 2026 |
| SEC record | CRD 322057 |