Factions of the city, in rough chronological order.
Known members: Vajra Safahr
A group of elite adventurers who work directly for the government of the city of Waterdeep. Their job was to deal with threats to the city that The Guard and The Watch could not handle without risking significant loss of life.
Known members: Mirt
A semi-secret organization dedicated to promoting good, preserving history (including art and music of old) and maintaining a balance between civilization and nature by keeping kingdoms small and the destruction of animal and plant life to a minimum.
A mercenary company and greater mercantile organisation, who, over their 200 years of existence has had a storied history as a cadre of self-serving thieves, spies, assassins and malevolent wizards, who for a time, were indentured by their leaders to serve dark gods.