# Redwood Financial Planning, LLC

> Redwood Financial Planning, LLC is an SEC-registered investment advisory firm in Scotch Plains, NJ, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 1, 2026.

- CRD: 291250
- Filed as: REDWOOD FINANCIAL PLANNING, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Scotch Plains, NJ
- Filing period: October 2026
- Form ADV filing dated: April 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/291250
- AdvisorCensus page: https://advisorcensus.com/firm/redwood-financial-planning-llc-scotch-plains-nj-291250

## Quick answers

**How is Redwood Financial Planning, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Redwood Financial Planning, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Redwood Financial Planning, LLC charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Hourly rate: $500 an hour (financial planning services); Flat fee: up to $20,000 (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Redwood Financial Planning, LLC located?**
Redwood Financial Planning, LLC's principal office is in Scotch Plains, NJ, according to its Form ADV.

**Is Redwood Financial Planning, LLC registered with the SEC or a state?**
Redwood Financial Planning, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 291250.

**How much does Redwood Financial Planning, LLC manage?**
Redwood Financial Planning, LLC reports $388,845,592 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (100% discretionary).

**How have Redwood Financial Planning, LLC's assets and staff changed since 2023?**
In the Form ADV data for Redwood Financial Planning, LLC: Regulatory assets under management: $101,283,218 in the October 2023 data and $388,845,592 in the October 2026 data, up 284%. Total employees: 3 in October 2023 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Redwood Financial Planning, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (589); high net worth individuals (32); pension and profit sharing plans (but not the plan participants or government pension plans) (13).

**Which custodians does Redwood Financial Planning, LLC use?**
Redwood Financial Planning, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Wells Fargo Clearing Services, LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Redwood Financial Planning, LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation) and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/291250

**Does Redwood Financial Planning, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "RFP does not impose a minimum investment amount for obtaining the services of RFP."

**What changed in Redwood Financial Planning, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $212,777,284 to $388,845,592 (+83%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: None

> RFP does not impose a minimum investment amount for obtaining the services of RFP.

- Hourly rate: $500 an hour (financial planning services)

> For financial planning services, RFP will charge hourly fees of $500 per hour, unless negotiated at a lower rate or if the Client prefers and RFP agrees for the Client to be billed a flat project rate.

- Flat fee: up to $20,000 (financial planning services)

> Flat project rates will not exceed $20,000.

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

### Custodians (Schedule D, Section 5.K(3))
- Wells Fargo Clearing 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: $388,845,592
- Discretionary: $388,845,592
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 589 | $185,470,413 |
| High net worth individuals | 32 | $201,501,045 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 13 | $1,874,134 |
| 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)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2023 (3 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, MD, NC, NJ, NY, PA, SC, TN, TX, VA, WA
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/291250

### Websites listed on Form ADV (Item 1.I)
- redwoodfinancialplanning.com
- theartoffinancialplanning.com
- Facebook @REDWOODFINANCIALPLANNING
- LinkedIn @JAREDSFRIEDMAN
- LinkedIn @MICHAELMCLANE1

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $101,283,218 | 3 | May 11, 2023 |
| October 2024 | $174,612,625 | 4 | May 31, 2024 |
| October 2025 | $212,777,284 | 4 | March 31, 2025 |
| October 2026 | $388,845,592 | 4 | April 1, 2026 |

Regulatory assets under management: $101,283,218 in the October 2023 data and $388,845,592 in the October 2026 data, up 284%.
Total employees: 3 in October 2023 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $212,777,284 to $388,845,592 (+83%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Redwood Financial Planning, LLC (CRD 291250): Form ADV filing data as of October 2026.