# North Woods Wealth Management

> 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.

- CRD: 226575
- Filed as: NORTH WOODS WEALTH MANAGEMENT
- Legal name: North Woods Asset Management LLC
- Also doing business as: NORTH WOODS WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Buffalo, NY
- Filing period: October 2026
- Form ADV filing dated: March 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/226575
- AdvisorCensus page: https://advisorcensus.com/firm/north-woods-wealth-management-buffalo-ny-226575

## Quick answers

**How is North Woods Wealth Management compensated?**
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).

**How much does North Woods Wealth Management charge?**
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.

**Where is North Woods Wealth Management located?**
North Woods Wealth Management's principal office is in Buffalo, NY, according to its Form ADV.

**Is North Woods Wealth Management registered with the SEC or a state?**
North Woods Wealth Management is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 226575.

**How much does North Woods Wealth Management manage?**
North Woods Wealth Management reports $150,393,137 in regulatory assets under management in its Form ADV filing dated March 14, 2026 (100% discretionary).

**How have North Woods Wealth Management's assets and staff changed since 2021?**
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.

**What types of clients does North Woods Wealth Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (149); high net worth individuals (45).

**Which custodians does North Woods Wealth Management use?**
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.

**Does North Woods Wealth Management 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/226575

**Does North Woods Wealth Management state an account minimum?**
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."

**What changed in North Woods Wealth Management's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $74,820,707 to $150,393,137 (+101%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 14, 2026)

- Asset-based fee: 0.5% to 1% a year (a range, as the brochure states it)

> 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.

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> 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.

- Minimum annual fee: $2,500

> North Woods does implement a minimum annual fee of $2,500.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

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

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: $150,393,137
- Discretionary: $150,393,137
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 149 | $53,439,504 |
| High net worth individuals | 45 | $95,135,073 |
| Charitable organizations | Fewer than 5 | $265,052 |
| Corporations or other businesses not listed above | Fewer than 5 | $1,553,508 |

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

### Firm details
- Registered since: 2019 (7 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- north-woods.com
- LinkedIn @north-woods-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $35,201,679 | 3 | September 2, 2021 |
| October 2022 | $49,178,456 | 2 | June 30, 2022 |
| October 2023 | $53,042,849 | 2 | July 10, 2023 |
| October 2024 | $64,838,489 | 2 | March 13, 2024 |
| October 2025 | $74,820,707 | 2 | July 2, 2025 |
| October 2026 | $150,393,137 | 2 | March 14, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $74,820,707 to $150,393,137 (+101%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. North Woods Wealth Management (CRD 226575): Form ADV filing data as of October 2026.