# Buttonwood Financial Advisors, Inc.

> Buttonwood Financial Advisors, Inc. is an SEC-registered investment advisory firm in Baltimore, MD, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 7, 2026.

- CRD: 144926
- Filed as: BUTTONWOOD FINANCIAL ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Baltimore, MD
- Filing period: October 2026
- Form ADV filing dated: March 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/144926
- AdvisorCensus page: https://advisorcensus.com/firm/buttonwood-financial-advisors-inc-baltimore-md-144926

## Quick answers

**How is Buttonwood Financial Advisors, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Buttonwood Financial Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Buttonwood Financial Advisors, Inc. located?**
Buttonwood Financial Advisors, Inc.'s principal office is in Baltimore, MD, according to its Form ADV.

**Is Buttonwood Financial Advisors, Inc. registered with the SEC or a state?**
Buttonwood Financial Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 144926.

**How much does Buttonwood Financial Advisors, Inc. manage?**
Buttonwood Financial Advisors, Inc. reports $483,170,997 in regulatory assets under management in its Form ADV filing dated March 7, 2026 (94% discretionary).

**How have Buttonwood Financial Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Buttonwood Financial Advisors, Inc.: Regulatory assets under management: $131,144,689 in the October 2021 data and $483,170,997 in the October 2026 data, up 268%. Total employees: 6 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Buttonwood Financial Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (169); high net worth individuals (152); charitable organizations (3).

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

**Does Buttonwood Financial Advisors, Inc. 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/144926

**What changed in Buttonwood Financial Advisors, Inc.'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 $393,164,159 to $483,170,997 (+23%).

## From the Form ADV filing

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

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

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: $483,170,997
- Discretionary: $455,862,478
- Non-discretionary: $27,308,519

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 169 | $47,297,016 |
| High net worth individuals | 152 | $434,414,920 |
| Charitable organizations | 3 | $160,165 |
| Corporations or other businesses not listed above | 3 | $1,298,896 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2020 (6 years)
- Employees: 8 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DC, FL, GA, IL, MD, NH, NY, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- buttonwoodfa.com
- Facebook @Buttonwood-Financial-Advisors
- LinkedIn @buttonwoodfa

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $131,144,689 | 6 | March 23, 2021 |
| October 2022 | $169,268,288 | 7 | August 10, 2022 |
| October 2023 | $203,231,045 | 7 | July 14, 2023 |
| October 2024 | $308,069,530 | 6 | March 21, 2024 |
| October 2025 | $393,164,159 | 8 | January 30, 2025 |
| October 2026 | $483,170,997 | 8 | March 7, 2026 |

Regulatory assets under management: $131,144,689 in the October 2021 data and $483,170,997 in the October 2026 data, up 268%.
Total employees: 6 in October 2021 and 8 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 $393,164,159 to $483,170,997 (+23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Buttonwood Financial Advisors, Inc. (CRD 144926): Form ADV filing data as of October 2026.