Headwater Investment Consulting,Inc.

Headwater Investment Consulting, Inc. provides fee-only investment management and financial planning to a mix of individuals (including high-net-worth clients), businesses, retirement plans, trusts, estates, and charitable organizations. The firm manages roughly $543 million across about 588 client relationships and delivers portfolio implementation, ongoing monitoring, and coordinated financial planning tailored to each client’s stated objectives.

The firm builds broadly diversified global equity and fixed‑income portfolios combined with periodic rebalancing and tactical allocations driven by top-down macroeconomic analysis. Portfolios typically employ mutual funds and ETFs (with tax‑managed and environmentally sustainable options available), and Headwater generally manages client accounts on a discretionary basis in accordance with written investment policy statements and quarterly reviews.

Notable features disclosed in the firm’s brochure include principals’ minority ownership in an affiliated accounting and tax practice and the availability of tax and accounting services through that firm (with referrals disclosed as a potential conflict of interest). Headwater also follows an educational, non‑advisory approach to retirement plan rollover decisions under DOL guidance and does not vote client proxies, instead directing proxy materials to clients for voting.