Wealth manager, independent · Paramus, NJ
Breakwater Capital Group
SEC-registered investment adviser · CRD 321097 · SEC 801-125704
At a glance
Breakwater Capital Group is an SEC-registered investment adviser based in Paramus, New Jersey, with $1.0B in regulatory assets under management as of its Form ADV filed July 24, 2026. It reports 370 individual clients, 239 of them high-net-worth, holding an average of about $2.8 million each, and 4 employees. That ranks it 1085th among the nation’s 5,657 independent wealth management RIAs and 27th of 157 in New Jersey. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 551-342-3733breakwatercapitalgroup.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among independent wealth managers
- #1,085 of 5,657
- Rank among all SEC RIAs
- #5,324 of 17,210
- Rank in New Jersey
- #27 of 157
- Individual clients
- 370
- High-net-worth clients
- 239
- Accounts
- 1,336
- Discretionary
- 100% of AUM
- Employees
- 4
- Advisory staff
- 4
- Offices
- 7
Owners and executives on its Form ADV
- Jeffrey C. HansonPresident and Chief Investment Officer
- Thomas J. MullenChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Breakwater Capital Group reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 239 | $968M | 95% |
| Individuals | 131 | $51M | 5% |
| Corporations or other businesses | – | $0M | <1% |
Disciplinary disclosures
Breakwater Capital Group reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗breakwatercapitalgroup.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 3 years of filings
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- Growth over one, three and five years
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- Rank against 3,487 peers of its type and size
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- Owners and executives, with titles and stakes
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- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in New Jersey
All of New Jersey →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Signet Financial Management, LLCParsippany | $1.2B | 689 |
| Lighthouse Financial Advisors, Inc.Red Bank | $1.1B | 429 |
| Glen Eagle Advisors, LLCKingston | $1.0B | 3,361 |
| Oliver Luxxe Assets LLCGladstone | $1.0B | 441 |
Background
Questions
How much does Breakwater Capital Group manage?
Breakwater Capital Group reports $1.0B in regulatory assets under management across 1,336 accounts, 100% of it on a discretionary basis, on its Form ADV filed July 24, 2026.
How many clients does Breakwater Capital Group have?
It reports 370 individual clients: 239 high-net-worth individuals and 131 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Breakwater Capital Group headquartered?
Its main office is in Paramus, New Jersey. It reports 7 offices in total and 4 employees, 4 of whom perform investment advisory functions.
How does Breakwater Capital Group charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Breakwater Capital Group use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed July 24, 2026, it reports these amounts held: Charles Schwab ($1.0B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Breakwater Capital Group a hybrid RIA with a broker-dealer?
Breakwater Capital Group reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Breakwater Capital Group a fiduciary?
As an SEC-registered investment adviser, Breakwater Capital Group owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Breakwater Capital Group’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →