Shannon Lemon
Elmwood Wealth Management · Berkeley, California
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.
Request an introduction to Shannon →
Specialties
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 |
| Assets under management | $477.9M across 676 accounts |
| Credentials | CFP |
| SEC registration | Investment adviser representative in CA, TX · CRD 5129936 |
| Firm size | 6 employees |
| Disclosures | None reported |
| Website | www.elmwoodwealth.com |
How Shannon's firm compares
- The hourly rate is $225, below the California median of $300 for fee-only firms that publish prices.
- Elmwood Wealth Management's average account is about $707,000, from its Form ADV (assets managed divided by 676 accounts).
Request an introduction to Shannon
Tell Shannon a little about what you're looking for. Shannon isn't on Wellspent yet, so we'll let them know you're looking for help and pass your message on when they join. No cost, no obligation.
Questions about Shannon
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.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
Where this information comes from
- SEC adviser records : 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
- Elmwood Wealth Management website : specialties, clients served, and fees, checked October 30, 2026
- SEC Investment Adviser Public Disclosure : registration, exams, and the firm's Form ADV, data as of October 29, 2026
- Directory listing last checked October 30, 2026.
See something wrong? Request a correction. Read our methodology.