Aqua Capital Advisors

Aqua Capital Advisors is a privately owned, SEC-registered advisory firm that works primarily with individual and high-net-worth clients, and also serves trusts, estates, pension and charitable accounts. Services are delivered on a fee-only basis and include discretionary investment management, integrated financial planning, and non-securities advice such as insurance, estate and trust planning, and guidance on family business and real estate matters.

The firm emphasizes a fiduciary approach with customized portfolios rather than model portfolios, typically using diversified, low-cost ETFs and occasional mutual funds, limited private fund allocations for select clients, and tax-aware practices such as asset location and tax-loss/gain harvesting. Planning and portfolio construction are integrated and the firm discloses use of limited options strategies — including covered calls and, as recently updated in its brochure, uncovered (naked) put writing under specific client-directed circumstances.

Compared with many peers, Aqua discloses and addresses relationships with affiliated investment entities and describes specific policies to mitigate related conflicts (for example, prohibitions on affiliated entities benefiting from side-by-side management and documented rollover processes). The firm also highlights that it generally provides individualized portfolios for each client and does not outsource core planning or portfolio construction, which aligns with its small advisory team and relatively concentrated client relationships.