# Birchbrook

> Birchbrook is an SEC-registered investment advisory firm in Bangor, ME, registered since 1990, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 14, 2026.

- CRD: 105164
- Filed as: BIRCHBROOK
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bangor, ME
- Filing period: October 2026
- Form ADV filing dated: April 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105164
- AdvisorCensus page: https://advisorcensus.com/firm/birchbrook-bangor-me-105164

## Quick answers

**How is Birchbrook compensated?**
On its Form ADV (Item 5.E, October 2026), Birchbrook reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Birchbrook located?**
Birchbrook's principal office is in Bangor, ME, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Birchbrook registered with the SEC or a state?**
Birchbrook is an SEC-registered investment advisory firm, registered since 1990. Status as filed: Approved. CRD 105164.

**How much does Birchbrook manage?**
Birchbrook reports $296,464,387 in regulatory assets under management in its Form ADV filing dated April 14, 2026 (98% discretionary).

**How have Birchbrook's assets and staff changed since 2021?**
In the Form ADV data for Birchbrook: Regulatory assets under management: $211,474,117 in the October 2021 data and $296,464,387 in the October 2026 data, up 40%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Birchbrook serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (196); high net worth individuals (114); charitable organizations (9).

**Which custodians does Birchbrook use?**
Birchbrook's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Birchbrook report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105164

**What changed in Birchbrook's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 5. Regulatory assets under management went from $258,958,621 to $296,464,387 (+14%). Added an office in Jacksonville, FL.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $296,464,387
- Discretionary: $289,772,466
- Non-discretionary: $6,691,921

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 196 | $51,432,249 |
| High net worth individuals | 114 | $230,126,556 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $4,825,322 |
| Charitable organizations | 9 | $10,080,260 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 1990 (36 years)
- Employees: 7 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, MA, ME, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Jacksonville, FL

### Websites listed on Form ADV (Item 1.I)
- birchbrook.com
- LinkedIn @birchbrook

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $211,474,117 | 5 | June 4, 2021 |
| October 2022 | $246,123,208 | 7 | June 22, 2022 |
| October 2023 | $213,652,228 | 7 | May 1, 2023 |
| October 2024 | $245,178,595 | 7 | March 29, 2024 |
| October 2025 | $258,958,621 | 7 | May 30, 2025 |
| October 2026 | $296,464,387 | 7 | April 14, 2026 |

Regulatory assets under management: $211,474,117 in the October 2021 data and $296,464,387 in the October 2026 data, up 40%.
Total employees: 5 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 5.
- Regulatory assets under management went from $258,958,621 to $296,464,387 (+14%).
- Added an office in Jacksonville, FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Birchbrook (CRD 105164): Form ADV filing data as of October 2026.