{
  "crd_number": 165639,
  "slug": "elmwood-wealth-management-berkeley-ca-165639",
  "primary_business_name": "ELMWOOD WEALTH MANAGEMENT",
  "legal_name": "ELMWOOD WEALTH MANAGEMENT, INC.",
  "dbas": [],
  "city": "Berkeley",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-07-10",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-05-14",
  "carried_forward": false,
  "raum_total": 477926836.0,
  "raum_discretionary": 465222009.0,
  "raum_non_discretionary": 12704827.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 12704827.0,
      "count": 4,
      "description": "EMPLOYEE ACCOUNTS",
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 29189376.0,
      "count": 77
    },
    "banking_thrift": {
      "raum": 3401537.0,
      "count": 2,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 432631096.0,
      "count": 127
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "NH",
    "TX",
    "WA"
  ],
  "websites": [
    "https://elmwoodwealth.com",
    "https://facebook.com/ELMWOOD.WM",
    "https://linkedin.com/COMPANY/ELMWOOD-WEALTH-MANAGEMENT-INC-",
    "https://plus.google.com/U/1/104458805727951234029"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/165639",
  "city_as_filed": "BERKELEY",
  "url": "https://advisorcensus.com/firm/elmwood-wealth-management-berkeley-ca-165639",
  "display_name": "Elmwood Wealth Management",
  "summary": "Elmwood Wealth Management is an SEC-registered investment advisory firm in Berkeley, CA, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 14, 2026.",
  "citation": "AdvisorCensus. Elmwood Wealth Management (CRD 165639): 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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Elmwood Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Elmwood Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Elmwood Wealth Management located?",
      "a": "Elmwood Wealth Management's principal office is in Berkeley, CA, according to its Form ADV."
    },
    {
      "q": "Is Elmwood Wealth Management registered with the SEC or a state?",
      "a": "Elmwood Wealth Management is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 165639."
    },
    {
      "q": "How much does Elmwood Wealth Management manage?",
      "a": "Elmwood Wealth Management reports $477,926,836 in regulatory assets under management in its Form ADV filing dated May 14, 2026 (97% discretionary)."
    },
    {
      "q": "How have Elmwood Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Elmwood Wealth Management: Regulatory assets under management: $197,123,564 in the October 2021 data and $477,926,836 in the October 2026 data, up 142%. Total employees: 3 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Elmwood Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (127); individuals (other than high net worth individuals) (77); other (4)."
    },
    {
      "q": "Which custodians does Elmwood Wealth Management use?",
      "a": "Elmwood Wealth Management'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 Elmwood Wealth Management report any disciplinary disclosures?",
      "a": "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/165639"
    },
    {
      "q": "What changed in Elmwood Wealth Management's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Registered or notice-filed in WA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 197123564.0,
      "total_employees": 3,
      "filing_date": "2021-08-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 266026313.0,
      "total_employees": 3,
      "filing_date": "2022-08-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 240952483.0,
      "total_employees": 4,
      "filing_date": "2023-07-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 277245805.0,
      "total_employees": 4,
      "filing_date": "2024-08-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 332630737.0,
      "total_employees": 4,
      "filing_date": "2025-03-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 477926836.0,
      "total_employees": 6,
      "filing_date": "2026-05-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Registered or notice-filed in WA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $332,630,737 to $477,926,836 (+44%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "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/elmwood-wealth-management-berkeley-ca-165639.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 77,
      "fewer_than_5": false,
      "raum": 29189376.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 127,
      "fewer_than_5": false,
      "raum": 432631096.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 2,
      "fewer_than_5": true,
      "raum": 3401537.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 4,
      "fewer_than_5": true,
      "raum": 12704827.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/165639",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}