Halaster's Lost Apprentice
Also known as the City of Splendors, Waterdeep is the greatest city of the Forgotten Realms. All nations and races come to Waterdeep to obtain riches, knowledge, and power. This city has been the site of some of Abeir-Toril’s greatest struggles, and houses dozens of different factions and individuals that wish both good and ill for Faerun.
Besides the conflux of trade and politics, Waterdeep attracts adventurers of all stripes to the dungeon beneath the city. Undermountain has claimed thousands of brave and strong souls, and it has not yet been rid of every last monster, nor its last piece of treasure being liberated.
The city is ruled by the Masked Lords, a council of individuals who rule in secret and appear in public in uniform full-body disguises.