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Private fund adviser · Boston, MA

Wave Equity Partners

Wave Equity Partners LLC · SEC-registered investment adviser · CRD 170642 · SEC 801-118541

At a glance

Wave Equity Partners is an SEC-registered investment adviser based in Boston, Massachusetts, with $564 million in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 2,897th of 4,686 private fund advisers and 7,342nd of 17,210 SEC-registered advisers by assets.

Main office 617-350-9808waveep.comLinkedInAs filed on Form ADV

Regulatory AUM
$564M
Rank among private fund advisers
#2,897 of 4,686
Rank among all SEC RIAs
#7,342 of 17,210
Rank in Massachusetts
#367 of 627
Clients
17
Accounts
17
Discretionary
100% of AUM
Employees
9
Advisory staff
4
Offices
1

Owners and executives on its Form ADV

Custody and brokerage

Custodian

Wave Equity Partners’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.

Broker-dealer

No broker-dealer ties

Other RIAs with no broker-dealer ties

Who it serves

Client typeClientsRegulatory AUMShare
Pooled investment vehicles17$564M100%

Private funds

Wave Equity Partners reports 17 private funds with $564M in gross assets: private equity funds, venture capital funds (Form ADV Item 7.B).

Disciplinary disclosures

Wave Equity Partners answers yes to 3 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗

Services

  • Portfolio management for pooled investment vehicles

How it’s paid

  • A percentage of assets under management
  • Performance-based fees

Form ADV and brochures on the SEC’s adviser search ↗waveep.com ↗

AtlasMembers

The full record on Wave Equity Partners

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, 5 years of filings
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Growth over one, three and five years
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Rank against 2,286 peers of its type and size
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Owners and executives, with titles and stakes
4 namedLocked
Main office, fax and compliance officer
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Filing changes this year, with alerts
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Open Atlas free

Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does Wave Equity Partners manage?

Wave Equity Partners reports $564 million in regulatory assets under management across 17 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 30, 2026.

What kind of firm is Wave Equity Partners?

Wave Equity Partners is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.

Who are Wave Equity Partners’s clients?

By assets, its largest client types are pooled investment vehicles ($564 million, 17 clients).

Does Wave Equity Partners manage private funds?

Yes. It reports 17 private funds with $564 million in gross assets, including private equity funds, venture capital funds.

Does Wave Equity Partners have any disciplinary history?

Wave Equity Partners answers yes to 3 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.

Where these numbers come from

Every figure is Wave Equity Partners’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 (2026-03-30), 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). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. 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 →