Breakwater Investment Management

Breakwater Investment Management, LLC, founded in August 2009 by Bethany A. Steinhaus, offers tailored investment advisory and financial planning services to individuals, high net worth individuals, retirement plans, trusts, businesses, and non-profit organizations. The firm manages investment portfolios on a separately managed account basis, with a focus on client objectives and risk profiles. Clients may impose restrictions on investments, and the firm may transition existing portfolios to desired allocations. Breakwater may utilize model portfolios primarily consisting of ETFs and other investments based on client risk tolerance. The firm provides financial planning services covering various topics such as retirement planning, tax planning, and risk management. Fees for investment advisory services are asset-based, ranging from 1.25% to 0.85% based on account balance. Financial planning fees vary based on complexity, with hourly rates or flat fees. Breakwater does not charge performance-based fees or engage in side-by-side management. The firm requires a minimum annual fee of $5,000 for new clients, waivable at their discretion. Clients have investment discretion, and the firm does not vote proxies on their behalf. Beth Steinhaus, the CFP® designee, serves as the Managing Member, Chief Compliance Officer, and Financial Advisor. Beth has no disciplinary events and is solely compensated by Breakwater. The firm supervises its activities through internal control procedures overseen by Beth Steinhaus.