About Watershed Private Wealth LLC
<p>Retirement-focused wealth management is a core part of Watershed Private Wealth LLC’s work, including 3(21) fiduciary support for employer-sponsored plans. The firm is an SEC-regulated registered investment adviser headquartered in Oak Brook, in Chicago’s western suburbs, and works with individuals, families, executives, business owners, and self-employed professionals.</p> <p>Watershed Private Wealth was founded in 2021 by Brendan G. Moody and Joshi I. Koneru. As independent fiduciary <a href="/plan-advisors">plan advisors</a>, the team helps clients build financial roadmaps with straightforward guidance and ongoing support.</p> <p>The firm’s services cover investment management along with planning work that ties retirement goals to taxes and long-term estate considerations. Its reported assets under management were $0.3B in 2026.</p> <p>What sets Watershed apart is the combination of personal wealth planning and plan-level fiduciary guidance under a 3(21) role, allowing retirement and investment decisions to be coordinated in one place.</p> <ul> <li>3(21) fiduciary services for retirement plans</li> <li>Investment management and portfolio construction</li> <li>Strategic tax planning</li> <li>Wealth and estate planning coordination</li> <li>IRA rollovers, 401(k) maximization, college savings, and debt management</li> </ul>
Website: https://www.watershedprivatewealth.com/
Founded: 2021
Office Locations
- Oak Brook, IL (Headquarters)
Services Offered
- 3(21) Investment Advisor
Client Statistics (2026)
- Total Clients: 0
- Total AUM: $333.4M
Team Members
- Joshi Koneru, Co-Founder/Wealth Advisor
- Brendan Moody, Founder/Wealth Advisor
- Sarah Pierce, Financial Planner