# Shannon Lemon

> Shannon Lemon is a fee-only financial advisor at Elmwood Wealth Management in Berkeley, California, who holds the CFP credential. Shannon charges a percentage of assets and hourly fees ($225 an hour and 1% a year on the first tier of assets managed) and focuses on retirement planning, estate & legacy planning and tax planning.

Page: https://find.wellspent.co/advisors/shannon-lemon/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Elmwood Wealth Management
- **Based in:** Berkeley, California
- **Fee model:** Percentage of assets; Hourly
- **Fees (firm's website):** $225 an hour; 1% a year on the first tier of assets managed; a $750,000 asset minimum
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $477.9M across 676 accounts
- **Credentials:** CFP
- **Specialties:** Retirement planning, Estate & legacy planning, Tax planning
- **CRD:** 5129936 (https://adviserinfo.sec.gov/individual/summary/5129936)
- **SEC registration:** Investment adviser representative in CA, TX
- **Firm size:** 6 employees
- **Disclosures:** None reported
- **Website:** http://www.elmwoodwealth.com

## Frequently asked questions

### Is Shannon Lemon a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Shannon holds no broker registration, and Elmwood Wealth Management reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Shannon charge for financial advice?

Shannon charges a percentage of assets and hourly fees.

### How much does Shannon charge?

According to Elmwood Wealth Management's website, checked October 30, 2026: $225 an hour; 1% a year on the first tier of assets managed; a $750,000 asset minimum.

### Where is Shannon Lemon based?

Shannon Lemon is based in Berkeley, California.

### What does Shannon specialize in?

Shannon's specialties include retirement planning, estate & legacy planning and tax planning.

### What credentials does Shannon Lemon hold?

Shannon Lemon holds the CFP credential.

### Is Shannon Lemon registered with the SEC?

Yes. Shannon Lemon is registered as an investment adviser representative in CA and TX (CRD 5129936), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Elmwood Wealth Management manage?

Elmwood Wealth Management reports $477.9M across 676 accounts in assets under management.

### How do I contact Shannon Lemon?

Through Shannon's website, www.elmwoodwealth.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/5129936): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://elmwoodwealth.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.