# Ironwood Capital Management Corp

> Ironwood Capital Management Corp is an SEC-registered investment advisory firm in San Francisco, CA, registered since 1999, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 109330
- Filed as: IRONWOOD CAPITAL MANAGEMENT CORP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109330
- AdvisorCensus page: https://advisorcensus.com/firm/ironwood-capital-management-corp-san-francisco-ca-109330

## Quick answers

**How is Ironwood Capital Management Corp compensated?**
On its Form ADV (Item 5.E, October 2026), Ironwood Capital Management Corp reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Ironwood Capital Management Corp located?**
Ironwood Capital Management Corp's principal office is in San Francisco, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Ironwood Capital Management Corp registered with the SEC or a state?**
Ironwood Capital Management Corp is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 109330.

**How much does Ironwood Capital Management Corp manage?**
Ironwood Capital Management Corp reports $8,225,793,478 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Ironwood Capital Management Corp's assets and staff changed since 2021?**
In the Form ADV data for Ironwood Capital Management Corp: Regulatory assets under management: $4,104,675,256 in the October 2021 data and $8,225,793,478 in the October 2026 data, up 100%. Total employees: 31 in October 2021 and 43 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ironwood Capital Management Corp serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6); investment companies (2).

**Does Ironwood Capital Management Corp 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/109330

**What changed in Ironwood Capital Management Corp's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 10 to 9. Regulatory assets under management went from $7,327,498,443 to $8,225,793,478 (+12%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $8,225,793,478
- Discretionary: $8,225,793,478
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 2 | $6,135,777,779 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $2,090,015,699 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| 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)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1999 (27 years)
- Employees: 43 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Chicago, IL

### Websites listed on Form ADV (Item 1.I)
- ironwoodpartners.com
- LinkedIn @IRONWOOD-CAPITAL-MANAGEMENT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,104,675,256 | 31 | March 31, 2021 |
| October 2022 | $5,332,595,269 | 33 | March 30, 2022 |
| October 2023 | $6,184,102,615 | 34 | October 2, 2023 |
| October 2024 | $6,717,202,689 | 37 | March 28, 2024 |
| October 2025 | $7,327,498,443 | 43 | March 26, 2025 |
| October 2026 | $8,225,793,478 | 43 | March 26, 2026 |

Regulatory assets under management: $4,104,675,256 in the October 2021 data and $8,225,793,478 in the October 2026 data, up 100%.
Total employees: 31 in October 2021 and 43 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 10 to 9.
- Regulatory assets under management went from $7,327,498,443 to $8,225,793,478 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ironwood Capital Management Corp (CRD 109330): Form ADV filing data as of October 2026.