{
  "crd_number": 226575,
  "slug": "north-woods-wealth-management-buffalo-ny-226575",
  "primary_business_name": "NORTH WOODS WEALTH MANAGEMENT",
  "legal_name": "NORTH WOODS ASSET MANAGEMENT LLC",
  "dbas": [
    "NORTH WOODS WEALTH MANAGEMENT"
  ],
  "city": "Buffalo",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "15380",
  "metro": {
    "cbsa_code": "15380",
    "common_name": "Buffalo",
    "msa_name": "Buffalo-Cheektowaga, NY",
    "path": "/advisors/ny/buffalo"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-04-26",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-03-14",
  "carried_forward": false,
  "raum_total": 150393137.0,
  "raum_discretionary": 150393137.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 265052.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 53439504.0,
      "count": 149
    },
    "high_net_worth_individuals": {
      "raum": 95135073.0,
      "count": 45
    },
    "corporations_other_businesses": {
      "raum": 1553508.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [
    "https://linkedin.com/company/north-woods-asset-management",
    "https://north-woods.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/226575",
  "city_as_filed": "BUFFALO",
  "url": "https://advisorcensus.com/firm/north-woods-wealth-management-buffalo-ny-226575",
  "display_name": "North Woods Wealth Management",
  "summary": "North Woods Wealth Management is an SEC-registered investment advisory firm in Buffalo, NY, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 14, 2026.",
  "citation": "AdvisorCensus. North Woods Wealth Management (CRD 226575): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is North Woods Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), North Woods Wealth Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does North Woods Wealth Management's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 14, 2026 states: Asset-based fee: 0.5% to 1% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is North Woods Wealth Management located?",
      "a": "North Woods Wealth Management's principal office is in Buffalo, NY, according to its Form ADV."
    },
    {
      "q": "Is North Woods Wealth Management registered with the SEC or a state?",
      "a": "North Woods Wealth Management is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 226575."
    },
    {
      "q": "How much does North Woods Wealth Management manage?",
      "a": "North Woods Wealth Management reports $150,393,137 in regulatory assets under management in its Form ADV filing dated March 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have North Woods Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for North Woods Wealth Management: Regulatory assets under management: $35,201,679 in the October 2021 data and $150,393,137 in the October 2026 data, up 327%. Total employees: 3 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does North Woods Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (149); high net worth individuals (45)."
    },
    {
      "q": "Which custodians does North Woods Wealth Management use?",
      "a": "North Woods 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 North Woods 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/226575"
    },
    {
      "q": "Does North Woods Wealth Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 14, 2026 says: \"Due to the level of attention and work required to serve each client, North Woods has a portfolio minimum of $ 1,000,000.\" \"North Woods provides personalized investment advisory services to individuals, trusts, and retirement plans. North Woods typically requires clients to place a minimum of $ 1,000,000 with the firm but may waive this minimum at our discretion.\""
    },
    {
      "q": "What changed in North Woods Wealth Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $74,820,707 to $150,393,137 (+101%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 35201679.0,
      "total_employees": 3,
      "filing_date": "2021-09-02"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 49178456.0,
      "total_employees": 2,
      "filing_date": "2022-06-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 53042849.0,
      "total_employees": 2,
      "filing_date": "2023-07-10"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 64838489.0,
      "total_employees": 2,
      "filing_date": "2024-03-13"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 74820707.0,
      "total_employees": 2,
      "filing_date": "2025-07-02"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 150393137.0,
      "total_employees": 2,
      "filing_date": "2026-03-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $74,820,707 to $150,393,137 (+101%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 14, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 1% a year",
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$2,500",
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 1% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Generally, fees vary from 0.50% to 1.00% per annum of the market value of a client’s assets managed by North Woods. The fee range stated is a guide."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Due to the level of attention and work required to serve each client, North Woods has a portfolio minimum of $ 1,000,000.",
          "North Woods provides personalized investment advisory services to individuals, trusts, and retirement plans. North Woods typically requires clients to place a minimum of $ 1,000,000 with the firm but may waive this minimum at our discretion."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $2,500"
        ],
        "quotes": [
          "North Woods does implement a minimum annual fee of $2,500."
        ]
      }
    ],
    "quotes": [
      "Generally, fees vary from 0.50% to 1.00% per annum of the market value of a client’s assets managed by North Woods. The fee range stated is a guide.",
      "Due to the level of attention and work required to serve each client, North Woods has a portfolio minimum of $ 1,000,000.",
      "North Woods provides personalized investment advisory services to individuals, trusts, and retirement plans. North Woods typically requires clients to place a minimum of $ 1,000,000 with the firm but may waive this minimum at our discretion.",
      "North Woods does implement a minimum annual fee of $2,500."
    ],
    "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/north-woods-wealth-management-buffalo-ny-226575.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 149,
      "fewer_than_5": false,
      "raum": 53439504.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 45,
      "fewer_than_5": false,
      "raum": 95135073.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 265052.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 1553508.0
    }
  ],
  "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/226575",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}