# Ironwood Financial, LLC

> Ironwood Financial, LLC is an SEC-registered investment advisory firm in Tucson, AZ, registered since 2009, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.

- CRD: 151004
- Filed as: IRONWOOD FINANCIAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Tucson, AZ
- Filing period: October 2026
- Form ADV filing dated: June 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/151004
- AdvisorCensus page: https://advisorcensus.com/firm/ironwood-financial-llc-tucson-az-151004

## Quick answers

**How is Ironwood Financial, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Ironwood Financial, LLC 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 Financial, LLC located?**
Ironwood Financial, LLC's principal office is in Tucson, AZ, according to its Form ADV.

**Is Ironwood Financial, LLC registered with the SEC or a state?**
Ironwood Financial, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 151004.

**How much does Ironwood Financial, LLC manage?**
Ironwood Financial, LLC reports $662,546,990 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (99% discretionary).

**How have Ironwood Financial, LLC's assets and staff changed since 2021?**
In the Form ADV data for Ironwood Financial, LLC: Regulatory assets under management: $314,508,083 in the October 2021 data and $662,546,990 in the October 2026 data, up 111%. Total employees: 6 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ironwood Financial, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (481); high net worth individuals (107); corporations or other businesses not listed above (19).

**Which custodians does Ironwood Financial, LLC use?**
Ironwood Financial, LLC'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 Ironwood Financial, 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/151004

**What changed in Ironwood Financial, LLC's recent Form ADV filings?**
In the July 2026 filing data: Registered or notice-filed in OR.

## From the Form ADV filing

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

### 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: $662,546,990
- Discretionary: $658,372,574
- Non-discretionary: $4,174,416

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 481 | $218,811,290 |
| High net worth individuals | 107 | $312,164,913 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 17 | $26,727,389 |
| Charitable organizations | Fewer than 5 | $4,421,483 |
| Corporations or other businesses not listed above | 19 | $100,421,915 |

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

### Firm details
- Registered since: 2009 (17 years)
- Employees: 10 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, MI, MN, NY, OR, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [ironwoodfinancial.com](https://ironwoodfinancial.com)
- Facebook @IRONWOODFINANCIAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $314,508,083 | 6 | February 3, 2021 |
| October 2022 | $436,759,504 | 5 | March 11, 2022 |
| October 2023 | $364,247,959 | 6 | June 19, 2023 |
| October 2024 | $456,479,160 | 7 | March 26, 2024 |
| October 2025 | $574,853,371 | 7 | February 10, 2025 |
| October 2026 | $662,546,990 | 10 | June 30, 2026 |

Regulatory assets under management: $314,508,083 in the October 2021 data and $662,546,990 in the October 2026 data, up 111%.
Total employees: 6 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Registered or notice-filed in OR.

### April 2026
- Employees performing advisory functions went from 6 to 8.
- Regulatory assets under management went from $574,853,371 to $662,546,990 (+15%).

### March 2026
- Registered or notice-filed in MI.

### January 2026
- Registered or notice-filed in FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ironwood Financial, LLC (CRD 151004): Form ADV filing data as of October 2026.