Birchwood Financial Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, divorce planning, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Birchwood Financial Partners reports 763 clients. They include 440 high-net-worth individuals, 319 individual clients and 2 charitable organizations. Of its assets, 97.3% ($830M across 1,720 accounts) are managed with discretion; $22.9M across 22 accounts are not. A wrap fee program the firm both sponsors and manages holds $279M. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 42% | 12% |
| High-net-worth individuals | 58% | 88% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 319 | $99.3M | 11.6% | $311K |
| High-net-worth individuals | 440 | $747M | 87.5% | $1.7M |
| Pension and profit-sharing plans | Fewer than 5 | $1.87M | 0.2% | $1.87M |
| Charitable organizations | Fewer than 5 | $4.84M | 0.6% | $2.42M |
| Corporations and other businesses | Fewer than 5 | $607K | 0.1% | $607K |
| Total | 763 | $853M | 100% | — |
- Clients
- 319
- Regulatory AUM
- $99.3M
- AUM share
- 11.6%
- Avg. per client
- $311K
- Clients
- 440
- Regulatory AUM
- $747M
- AUM share
- 87.5%
- Avg. per client
- $1.7M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.87M
- AUM share
- 0.2%
- Avg. per client
- $1.87M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.84M
- AUM share
- 0.6%
- Avg. per client
- $2.42M
- Clients
- Fewer than 5
- Regulatory AUM
- $607K
- AUM share
- 0.1%
- Avg. per client
- $607K
Total
- Clients
- 763
- Regulatory AUM
- $853M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Birchwood Financial Partners charges 0.75%–1.50% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $1,500,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.50% |
| $250K–$500K | 1.50% |
| $500K–$1M | 1.25% |
| $1M–$5M | 1.00% |
| $5M and above | 0.75% |
Fee details and sources
Other fees
- Financial Planning
- Stand-alone financial plans cost a maximum hourly fee of $500 or a fixed fee of $1,000 to $10,000, and ongoing plans and consultations cost $1,000 to $25,000 a year.
The leadership team of Birchwood Financial Partners includes President Dana Brewer and Chief Compliance Officer Jill Vilkama. It has 15 employees, 10 of them in advisory roles.
Leadership
Dana BrewerOwner/CEO/President- Jill VilkamaChief Compliance Officer
- Rachel InfanteOwner/Secretary
Damian WintherOwner/CFO
Mary Bridget HandkeOwner/COO
Stephen DixonOwner/CIO
Kimberly AndrewsOwner/ Investment Advisor Representative
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
Staff
- 15 employees
- 10 in advisory functions
- 9 state-registered reps
- Owns 10% to 25% of Birchwood Financial Partners, Inc.
Dana Brewer
Control person · since January 2000
- Owns 10% to 25% of Birchwood Financial Partners, Inc.
Damian Winther
Control person · since December 2010
- Owns 10% to 25% of Birchwood Financial Partners, Inc.
Mary Bridget Handke
Control person · since December 2010
- Owns 10% to 25% of Birchwood Financial Partners, Inc.
Stephen Dixon
Control person · since December 2010
- Owns 10% to 25% of Birchwood Financial Partners, Inc.
Rachel Infante
Control person · since January 2020
- Owns 5% to 10% of Birchwood Financial Partners, Inc.
Kimberly Andrews
since January 2025
Birchwood Financial Partners’ regulatory assets grew 1.7× from $507M (May 2021) to $853M (March 2026); clients rose from 589 to 763 and employees from 9 to 15.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $853M | 763 | 15 | 1 |
| May 2025 | $744M | 767 | 15 | 1 |
| June 2024 | $634M | 632 | 14 | 1 |
| March 2023 | $519M | 613 | 13 | 1 |
| February 2022 | $584M | 611 | 13 | 1 |
| May 2021 | $507M | 589 | 9 | 1 |
Besides its headquarters, Birchwood Financial Partners has 0 offices, with 1 listed address in Minnesota.
Minnesota · 1 listed address
- 5601 Green Valley DR., Suite 600, BloomingtonHQ
Contact and registration details
- Legal name
- Birchwood Financial Partners, Inc.
- Headquarters
- 5601 Green Valley DR., Suite 600, Bloomington, MN 55437
- Website
- Not reported
- Phone
- 952-885-9088
- @birchwood-financial-partners
- SEC file
- 801-79443
- Founded
- 1990
- Structure
- Minnesota corporation
- Fiscal year end
- December
Birchwood Financial Partners uses Charles Schwab ($845M) as custodian for its separately managed accounts. Birchwood Financial Partners has custody of $312M in client assets for 629 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $845M100%
At year end, Birchwood Financial Partners’ separately managed accounts were mostly in funds (90%). Its reported 13F holdings for the quarter ended 30 June 2026 total $122M across 352 positions; the largest are iShares Esg Aware MSCI USA ETF (6.5%), Pimco Active Bond Exchange-traded Fund (4.6%) and Schwab Fundamental International Equity ETF (4.6%).
What the accounts hold
- Stocks7%
- Funds90%
- Cash3%
Reported 13F holdings
- $122M
- Reported 13F value
- 352
- Positions
- 40.4%
- In the 10 largest
- +17.9%
- Value vs. prior quarter
- iShares Esg Aware MSCI USA ETFETF6.5%
- Pimco Active Bond Exchange-traded FundETF4.6%
- Schwab Fundamental International Equity ETFETF4.6%
- iShares Esg Aware MSCI USA Small-cap ETFETF4.6%
- Vanguard S&P 500 ETFETF4.2%
- Apple Inc.4.1%
- Harbor Long-term Growers ETFETF3.4%
- Donaldson Inc.2.9%
- Vanguard FTSE Developed Markets ETFETF2.8%
- Schwab Fundamental Emerging Markets Equity ETFETF2.7%
Together, the ten largest are 40.4% of reported value.
How many clients does Birchwood Financial Partners have?
Birchwood Financial Partners has 763 clients and manages $853 million for them, as of March 2026. They include 440 high-net-worth individuals, 319 individual clients and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 March 2026
What services does Birchwood Financial Partners offer?
Birchwood Financial Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, divorce planning, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Birchwood Financial Partners charge?
Birchwood Financial Partners charges 0.75%–1.50% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $1,500,000.
Source: FORM ADV2A, filed 4 March 2026
Which custodians does Birchwood Financial Partners use?
Birchwood Financial Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $845M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 March 2026
How many financial advisors does Birchwood Financial Partners have?
Birchwood Financial Partners has 9 investment adviser representatives registered with state securities authorities, out of 15 employees, and 10 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Birchwood Financial Partners invest in?
At the end of its last fiscal year, Birchwood Financial Partners’ separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Birchwood Financial Partners have a minimum investment?
Yes, Birchwood Financial Partners’ minimum account size for its Asset Management is $1.5M.
Source: FORM ADV2A, filed 4 March 2026
Who owns Birchwood Financial Partners?
Birchwood Financial Partners’ direct owners are Dana Brewer, Damian Winther, Mary Bridget Handke, Stephen Dixon, Rachel Infante and Kimberly Andrews, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 4 March 2026
How does Birchwood Financial Partners get paid?
Birchwood Financial Partners is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Birchwood Financial Partners registered with the SEC?
Yes, Birchwood Financial Partners has been registered with the SEC as an investment adviser since 1 April 2014. Its CRD number is 169962 and its SEC file number is 801-79443.
Source: Form ADV Part 1A, Item 1, filed 4 March 2026; IAPD firm record
How do I contact Birchwood Financial Partners?
Birchwood Financial Partners’ main office is at 5601 Green Valley DR., Suite 600, Bloomington, MN 55437. Its phone number is 952-885-9088.