DC
DC

Douglas Clinton

10 Years of Experience
Minneapolis, MN

Douglas Clinton is a registered investment advisor at Deepwater Asset Management, LLC, based in Minneapolis, MN, with 10 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 9 clients with $460M in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
2 advisors
Number of Clients
9 clients
Average Client Portfolio
$50.9M average
Assets Under Management
$457.7M

Fee Structure

Minimum Investment:$1M
Investment management only (planning not offered)

Deepwater Asset Management manages investments for pooled investment vehicles and private funds. The annual management fee ranges from 0.5% to 2.5% of the fund's or separate account's value. There is also an incentive fee or allocation calculated annually, equal to 15% to 20% of the net profits during the year, subject to a loss carryforward provision, or based on the outperformance above the S&P 500 Total Return Index for the relevant year. Fees are negotiable.

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Location

21 N. Third St., #250, Minneapolis, MN, 55401

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Other Business Activities

Douglas is the CEO of Intelligent Alpha, LLC, an investment-related company, since April 2024.

Employment History
Current Registrations
Deepwater Asset Management, LLC
September 2024 - Present · 1 yr 8 mos
Intelligent Alpha LLC
August 2024 - Present · 1 yr 9 mos
Previous Registrations
Piper Jaffray & CO.Broker
May 2008 - December 2016 · 8 yrs 7 mos
State Registrations2 states
MNPA
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.