# Greenwood Gearhart, LLC

> Greenwood Gearhart, LLC is an SEC-registered investment advisory firm in Fayetteville, AR, registered since 1982, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 24, 2026.

- CRD: 110379
- Filed as: GREENWOOD GEARHART, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Fayetteville, AR
- Filing period: October 2026
- Form ADV filing dated: July 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110379
- AdvisorCensus page: https://advisorcensus.com/firm/greenwood-gearhart-llc-fayetteville-ar-110379

## Quick answers

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

**Where is Greenwood Gearhart, LLC located?**
Greenwood Gearhart, LLC's principal office is in Fayetteville, AR, according to its Form ADV; the August 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Greenwood Gearhart, LLC registered with the SEC or a state?**
Greenwood Gearhart, LLC is an SEC-registered investment advisory firm, registered since 1982. Status as filed: Approved. CRD 110379.

**How much does Greenwood Gearhart, LLC manage?**
Greenwood Gearhart, LLC reports $1,972,258,363 in regulatory assets under management in its Form ADV filing dated July 24, 2026 (100% discretionary).

**How have Greenwood Gearhart, LLC's assets and staff changed since 2021?**
In the Form ADV data for Greenwood Gearhart, LLC: Regulatory assets under management: $603,614,317 in the October 2021 data and $1,972,258,363 in the October 2026 data, up 227%. Total employees: 11 in October 2021 and 26 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Greenwood Gearhart, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (568); high net worth individuals (483); pension and profit sharing plans (but not the plan participants or government pension plans) (30).

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

**Does Greenwood Gearhart, LLC 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/110379

**What changed in Greenwood Gearhart, LLC's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

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

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: $1,972,258,363
- Discretionary: $1,972,258,363
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 568 | $211,242,804 |
| High net worth individuals | 483 | $1,647,213,879 |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $5,491,959 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 30 | $80,805,118 |
| Charitable organizations | 16 | $27,126,952 |
| Other investment advisers | Fewer than 5 | $169,629 |
| Corporations or other businesses not listed above | Fewer than 5 | $208,022 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 1982 (44 years)
- Employees: 26 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AR, CA, CO, DC, FL, GA, KS, LA, MO, NC, NE, NH, NY, OH, OK, SC, TN, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Bentonville, AR
- Rogers, AR

### Websites listed on Form ADV (Item 1.I)
- greenwoodgearhart.com
- Facebook @greenwoodgearhart
- Instagram @greenwoodgearhart
- LinkedIn @greenwoodgearhart
- X @ggi_nwa

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $603,614,317 | 11 | June 16, 2021 |
| October 2022 | $844,164,509 | 12 | September 1, 2022 |
| October 2023 | $877,800,675 | 16 | April 28, 2023 |
| October 2024 | $1,107,171,077 | 15 | September 6, 2024 |
| October 2025 | $1,637,149,230 | 23 | March 7, 2025 |
| October 2026 | $1,972,258,363 | 26 | July 24, 2026 |

Regulatory assets under management: $603,614,317 in the October 2021 data and $1,972,258,363 in the October 2026 data, up 227%.
Total employees: 11 in October 2021 and 26 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 11 to 14.
- Regulatory assets under management went from $1,637,149,230 to $1,972,258,363 (+20%).
- Added an office in Bentonville, AR.

### February 2026
- Registered or notice-filed in GA, KS.

### January 2026
- Reported a succession: took over the business of Greenwood Gearhart Inc. (CRD 110379) on November 13, 2025.
- Changed its legal name from Greenwood Gearhart Inc. to Greenwood Gearhart, LLC.
- No longer registered or notice-filed in AZ, IL, KS, MS.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Registered or notice-filed in SC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Greenwood Gearhart, LLC (CRD 110379): Form ADV filing data as of October 2026.