Firm
Elmwood Wealth Management
Berkeley, California
Fee-only
Elmwood Wealth Management at a glance
- One of 1,191 fee-only firms based in California in the Wellspent graph.
- 4 advisors are listed here; 2 of 4 hold the CFP.
- Its Form ADV reports 6 employees and 204 individual clients, 127 of them high net worth.
- Its average account is about $707,000 (assets it manages divided by its 676 accounts).
- Its hourly rate of $225 is below the California median of $300.
- Its website says it's taking new clients.
Fee-only advisors in California · What fee-only advisors charge in California
Facts
| Based in | Berkeley, California |
|---|---|
| Website | elmwoodwealth.com |
| Phone | (510) 858-2722 |
Elmwood Wealth Management fees
What the firm's own website says it charges, checked October 30, 2026. We keep a price only when the exact words stating it appear on the page.
| Hourly | $225 an hour |
|---|---|
| Asset-based fee | 1% a year on the first tier of assets |
| Account minimum | $750,000 |
| How it charges | Percentage of assets · Hourly |
In the firm's words
"Current hourly rates are $225/hr for professional time and $95/hr for staff time." source
"Clients pay an annual fee of 1% or $10,000 on assets under management, whichever is greater" source
".40%" source
"Clients pay an annual fee of 1% or $10,000 on assets under management, whichever is greater" source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $478 million |
| Individual clients | 77 |
| High-net-worth clients | 127 |
| Accounts managed | 676 |
| Employees | 6 |
| Planning clients | 51-100 |
| Registered with | The SEC (801-110782) |
| Financial planning | Offered |
| Form ADV filed | May 14, 2026 |
| SEC record | CRD 165639 |