{
  "crd_number": 161406,
  "slug": "northwood-investors-llc-denver-co-161406",
  "primary_business_name": "NORTHWOOD INVESTORS LLC",
  "legal_name": "NORTHWOOD INVESTORS LLC",
  "dbas": [],
  "city": "Denver",
  "state": "CO",
  "country": "United States",
  "cbsa_code": "19740",
  "metro": {
    "cbsa_code": "19740",
    "common_name": "Denver",
    "msa_name": "Denver-Aurora-Centennial, CO",
    "path": "/advisors/co/denver"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-03-30",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 8968650157.0,
  "raum_discretionary": 8475204717.0,
  "raum_non_discretionary": 493445440.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 107,
  "advisory_employees": 27,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "pension_profit_sharing": {
      "raum": 493445440.0,
      "count": 3,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 8475204717.0,
      "count": 30
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "IL"
  ],
  "websites": [
    "https://linkedin.com/company/northwood-investors-llc",
    "https://northwoodinvestors.com",
    "https://northwoodregional.co.uk"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/161406",
  "city_as_filed": "DENVER",
  "url": "https://advisorcensus.com/firm/northwood-investors-llc-denver-co-161406",
  "display_name": "Northwood Investors LLC",
  "summary": "Northwood Investors LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Northwood Investors LLC (CRD 161406): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Northwood Investors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Northwood Investors LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other."
    },
    {
      "q": "Where is Northwood Investors LLC located?",
      "a": "Northwood Investors LLC's principal office is in Denver, CO, according to its Form ADV; the April 2026 filing also lists 8 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Northwood Investors LLC registered with the SEC or a state?",
      "a": "Northwood Investors LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161406."
    },
    {
      "q": "How much does Northwood Investors LLC manage?",
      "a": "Northwood Investors LLC reports $8,968,650,157 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (94% discretionary)."
    },
    {
      "q": "How have Northwood Investors LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Northwood Investors LLC: Regulatory assets under management: $9,827,802,903 in the October 2021 data and $8,968,650,157 in the October 2026 data, down 9%. Total employees: 102 in October 2021 and 107 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Northwood Investors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (30); pension and profit sharing plans (but not the plan participants or government pension plans) (3)."
    },
    {
      "q": "Does Northwood Investors LLC 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/161406"
    },
    {
      "q": "Does Northwood Investors LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"Northwood does not have a minimum account size, but clients and investors are required to meet certain suitability qualifications, such as being an “accredited investor” and a “qualified purchaser” within the meaning set forth under the federal securities laws.\""
    },
    {
      "q": "What changed in Northwood Investors LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 30 to 27. Regulatory assets under management went from $10,584,343,554 to $8,968,650,157 (-15%). Changed its office addresses in London. Added an office in Los Angeles, CA. No longer lists an office in Santa Monica, CA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 9827802903.0,
      "total_employees": 102,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 11022472477.0,
      "total_employees": 102,
      "filing_date": "2022-06-07"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 11760146035.0,
      "total_employees": 102,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 8849768102.0,
      "total_employees": 125,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 10584343554.0,
      "total_employees": 117,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 8968650157.0,
      "total_employees": 107,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 30 to 27.",
        "Regulatory assets under management went from $10,584,343,554 to $8,968,650,157 (-15%).",
        "Changed its office addresses in London.",
        "Added an office in Los Angeles, CA.",
        "No longer lists an office in Santa Monica, CA."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Northwood does not have a minimum account size, but clients and investors are required to meet certain suitability qualifications, such as being an “accredited investor” and a “qualified purchaser” within the meaning set forth under the federal securities laws."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Northwood does not have a minimum account size, but clients and investors are required to meet certain suitability qualifications, such as being an “accredited investor” and a “qualified purchaser” within the meaning set forth under the federal securities laws."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/northwood-investors-llc-denver-co-161406.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 30,
      "fewer_than_5": false,
      "raum": 8475204717.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 3,
      "fewer_than_5": true,
      "raum": 493445440.0
    }
  ],
  "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/161406",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}