# WATERMILL MANAGEMENT COMPANY, LLC

WATERMILL MANAGEMENT COMPANY, LLC of BOSTON, MA is an SEC-registered investment adviser.

## Registration

- CRD: 163370
- Type: SEC-registered investment adviser
- SEC file number: 801-126185
- Location: 321 NEWBURY ST, SECOND FLOOR, BOSTON, MA, 02115
- Phone: 781-891-6660
- Latest filing: 2026-03-30
- Regulatory AUM: $178.1M
- Discretionary AUM: $178.1M
- Clients: 13
- Accounts: 18

## Business model

- Compensation: Fixed, Performance, Other
- Clients served: Investment cos

## Officers, owners & control persons (13)

| Name | Role | Location |
| --- | --- | --- |
| [Steven Edward Karol](https://search.stillhousedata.com/person/31438) | MANAGING MEMBER | Boston, MA |
| [Julia Karol](https://search.stillhousedata.com/person/680203) | PRESIDENT AND CHIEF OPERATING OFFICER | Lexington, MA |
| [Benjamin Pickman Procter](https://search.stillhousedata.com/person/680204) | CHIEF COMPLIANCE OFFICER, SENIOR PARTNER | — |
| [FULLER TIMOTHY EDWARD](https://search.stillhousedata.com/person/764568) | CHIEF FINANCIAL OFFICER | — |
| [KAROL STEVEN EDWARD](https://search.stillhousedata.com/person/867219) | MANAGING MEMBER; MANAGING PARTNER, WATERMILL MANAGEMENT CO; MANAGING MEMBER OF ALL 5  SPECIAL PURPOSE ENTITIES (SEE SEC. 7A); MANAGING PARTNER, WATERMILL MANAGEMENT CO; MANAGING MEMBER OF ALL 5 SPECIAL PURPOSE VEHICLES (SEE SEC. 7A) | — |
| [KAROL JULIA](https://search.stillhousedata.com/person/867220) | PRESIDENT AND CHIEF OPERATING OFFICER | — |
| [PROCTER BENJAMIN PICKMAN](https://search.stillhousedata.com/person/867221) | CHIEF COMPLIANCE OFFICER, SENIOR PARTNER | — |
| [EBURNE TIMOTHY](https://search.stillhousedata.com/person/888375) | CHIEF COMPLIANCE OFFICER; PARTNER | — |
| [OKONOW DALE](https://search.stillhousedata.com/person/888376) | PARTNER | — |
| [PROCTER BENJAMIN](https://search.stillhousedata.com/person/888377) | PARTNER | — |
| [ACKERMAN ROBERT](https://search.stillhousedata.com/person/888378) | PARTNER, WATERMILL MANAGEMENT CO.; PARTNER, WATERMILL MANAGEMENT CO.;  MEMBER AND 28% OWNER, WATERMILL-MCT ENTERPRISES, LLC | — |
| [HAYMON MONTE](https://search.stillhousedata.com/person/888379) | PARTNER | — |
| [CHOUKAS MICHAEL](https://search.stillhousedata.com/person/893177) | PARTNER | — |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/163370/brochure
- Similar advisers: https://search.stillhousedata.com/firm/163370/similar
- Related entities: https://search.stillhousedata.com/firm/163370/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/163370

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.