{
  "crd_number": 310859,
  "slug": "copperwood-financial-burr-ridge-il-310859",
  "primary_business_name": "COPPERWOOD FINANCIAL",
  "legal_name": "COPPERWOOD FINANCIAL, INC.",
  "dbas": [
    "PRO ATHLETE WEALTH"
  ],
  "city": "Burr Ridge",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-12-08",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": 119633000.0,
  "raum_discretionary": 119330000.0,
  "raum_non_discretionary": 303000.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 730000.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 59200000.0,
      "count": 216
    },
    "high_net_worth_individuals": {
      "raum": 58503000.0,
      "count": 46
    },
    "corporations_other_businesses": {
      "raum": 1200000.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 5,
  "states_registered": [
    "FL",
    "GA",
    "IL",
    "KY",
    "NC",
    "TN",
    "TX",
    "WI"
  ],
  "websites": [
    "https://copperwoodfinancial.com",
    "https://facebook.com/CopperwoodFinancial",
    "https://facebook.com/p/Pro-Athlete-Wealth-61555155423921",
    "https://instagram.com/copperwood.financial",
    "https://instagram.com/proathletewealth",
    "https://linkedin.com/company/copperwood-financial/about",
    "https://linkedin.com/in/lgatz",
    "https://proathletewealth.net"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/310859",
  "disclosure_items": [
    {
      "item": "11.A(2)",
      "question": "In the past ten years, has the firm or an advisory affiliate been charged with a felony?"
    },
    {
      "item": "11.B(2)",
      "question": "In the past ten years, has the firm or an advisory affiliate been charged with one of the misdemeanors listed in 11.B(1)?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    }
  ],
  "city_as_filed": "BURR RIDGE",
  "url": "https://advisorcensus.com/firm/copperwood-financial-burr-ridge-il-310859",
  "display_name": "Copperwood Financial",
  "summary": "Copperwood Financial is an SEC-registered investment advisory firm in Burr Ridge, IL, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.",
  "citation": "AdvisorCensus. Copperwood Financial (CRD 310859): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Copperwood Financial compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Copperwood Financial reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Copperwood Financial charge?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 states: Hourly rate: $400 an hour (additional financial planning or investment advisory service beyond Tier 1…). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Copperwood Financial located?",
      "a": "Copperwood Financial's principal office is in Burr Ridge, IL, according to its Form ADV."
    },
    {
      "q": "Is Copperwood Financial registered with the SEC or a state?",
      "a": "Copperwood Financial is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 310859."
    },
    {
      "q": "How much does Copperwood Financial manage?",
      "a": "Copperwood Financial reports $119,633,000 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Copperwood Financial serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (216); high net worth individuals (46)."
    },
    {
      "q": "Which custodians does Copperwood Financial use?",
      "a": "Copperwood Financial'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."
    },
    {
      "q": "Does Copperwood Financial report any disciplinary disclosures?",
      "a": "Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.A(2) (felony charge in the past ten years), 11.B(2) (charge for a listed misdemeanor in the past ten years), 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), and 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/310859"
    },
    {
      "q": "Does Copperwood Financial state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 says: \"The Advisor does not have any minimum requirements for opening or maintaining an account.\""
    },
    {
      "q": "What changed in Copperwood Financial's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $108,386,000 to $119,633,000 (+10%)."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $108,386,000 to $119,633,000 (+10%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 25, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $400 an hour (additional financial planning or investment advisory service beyond Tier 1…)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "The Advisor does not have any minimum requirements for opening or maintaining an account."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $400 an hour (additional financial planning or investment advisory service beyond Tier 1…)"
        ],
        "quotes": [
          "The Advisor ’s hourly fee will be billed at a rate of $400 per hour and will be negotiated and agreed upon by the parties in advance."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 400.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "additional financial planning or investment advisory service beyond Tier 1 and Tier 2 packages"
        }
      ]
    },
    "quotes": [
      "The Advisor does not have any minimum requirements for opening or maintaining an account.",
      "The Advisor ’s hourly fee will be billed at a rate of $400 per hour and will be negotiated and agreed upon by the parties in advance."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/copperwood-financial-burr-ridge-il-310859.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 216,
      "fewer_than_5": false,
      "raum": 59200000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 46,
      "fewer_than_5": false,
      "raum": 58503000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 730000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 1200000.0
    }
  ],
  "disclosure_line": "Reports 5 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/310859",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}