Overview
                                    
                                    
                                        
                                            A. Description of the Advisory Firm 
B. Types of Advisory Services 
Selection of Other Advisers Services 
 
Bridgeway may direct clients to third-party investment advisers to manage all or a portion 
of the client's assets. Before selecting other advisers for clients, Bridgeway ensures those 
other advisers are properly licensed and registered as an investment adviser. Bridgeway 
conducts  due  diligence  on  third-party  investment  advisers,  which  may  involve  the 
following:  phone  calls,  background  checks,  regulatory  filing  reviews,  meetings  and 
review  of  the  third-party  adviser's  performance  and  investment  strategy.  These 
investments may be allocated either through the third-party adviser's fund or through a 
separately  managed  account  managed  by  such  third-party  adviser  on  behalf  of 
Bridgeway's client.  Bridgeway  may also allocate among one or more private equity funds 
or private equity fund advisers. Bridgeway reviews ongoing performance of third-party 
advisers. 
 
Financial Planning 
 
Financial plans and financial planning may include, but are not limited to: investment 
planning;  life  insurance;  tax  concerns;  retirement  planning;  college  planning;  and 
debt/credit planning. 
 
Services Limited to Specific Types of Investments 
 
Bridgeway generally limits its investment advice to mutual funds, fixed income securities, 
insurance products including annuities, equities, hedge funds, private equity funds, ETFs 
(including  ETFs  in  the  gold  and  precious  metal  sectors),  treasury  inflation 
protected/inflation linked bonds, non-U.S. securities and private placements. Bridgeway 
may use other securities as well to help diversify a portfolio when applicable. 
Pooled Investments 
 
Bridgeway has created pooled vehicles including BWAY SPV 1 LLC, BWAY SPV 2 LLC 
and BWAY SPV 3, LLC. Only accredited investors may participate in these pools. These 
vehicles represent private investment and should only be considered by investors who 
have the liquidity and financial wherewithal to be able to hold an illiquid investment for 
a  prolonged  period  of  time.  These  investments  also  have  higher  fees –  including  the 
potential  for  a  carried  interest –  and  higher  up  front  or  ongoing  fees.  In  addition, 
Bridgeway or its employees may render periodic or ongoing services to the companies 
that these entities invest
                                        
                                        
                                             in.  
Bridgeway offers the same suite of services to all of its clients. However, specific client 
investment strategies and the implementation thereof are dependent upon the individual 
client Investment Policy Statement which outlines each client’s current situation (income, 
tax  levels,  and  risk  tolerance  levels).  In  addition,  Clients  may  impose  restrictions  in 
investing  in  certain  securities  or  types  of  securities  in  accordance  with  their  values  or 
beliefs. However, if the restrictions prevent Bridgeway from properly servicing a client 
account, or if the restrictions would require Bridgeway to deviate from its standard suite 
C. Client Tailored Services and Client Imposed Restrictions 
of services, Bridgeway reserves the right to end the client relationship. 
The Bridgeway Wealth Partners Wrap Program (the “Wrap Program”) may offer a Wrap 
Program to certain clients.  
Bridgeway has the following assets under management: 
Discretionary Amounts: Non-discretionary Amounts:  Date Calculated: 
$146,668,357  
December 
31,2021 
The amount and manner in which fees are assessed by the Firm depends on the type of 
advisory service Bridgeway is performing. The specific fees charged by Bridgeway are set 
forth in the Advisory Agreement and are described below. 
Portfolio Management Fees 
Total Assets Under Management Annual Fees 
All Assets Up to 2.00% 
Bridgeway uses the value of the Client’s account as of the last business day of the billing 
period (after taking into account  deposits  and withdrawals greater than $50,000 at the 
time of transfer) for purposes of determining the market value of the assets upon which 
the advisory fee is based. 
These fees are generally negotiable and the final fee schedule will be memorialized in the 
client’s advisory agreement. Clients may terminate the agreement without penalty for a 
full refund of Bridgeway's fees within five (5) business days of signing the  Investment 
Advisory Contract. Thereafter, clients may terminate the Investment Advisory Contract 
with 30 days' written notice. 
Selection of Other Advisers Fees 
Bridgeway receives its standard fee on top of any fee paid to a third-party adviser. This 
relationship will be memorialized in each contract between Bridgeway and each third- 
party adviser. The fees will not exceed any limit imposed by any regulatory agency.  
D. Wrap Fee Programs 
E. Assets Under Management