{"url":"https://nivawealth.com/firms/copperwood-financial-310859","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/310859","regulatoryAum":119633000,"crd":"310859","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4091183","suffix":null,"lastName":"Charasika","firstName":"Paidemoyo","middleName":"Brian"},{"crd":"5544099","suffix":null,"lastName":"CRAWFORD","firstName":"JOHN","middleName":"ROSS"},{"crd":"6245962","suffix":null,"lastName":"GATZ","firstName":"LAWRENCE","middleName":"EDWARD"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-134875","legalName":"Copperwood Financial, Inc.","displayName":"Copperwood Financial","slug":"copperwood-financial-310859","website":"https://copperwoodfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/copperwood-financial/about/","founded":null,"organization":"Illinois corporation","fiscalYearEnd":"December","headquarters":{"street":"745 McClintock DR., Suite 308","city":"Burr Ridge","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60527"},"tradeNames":["Pro Athlete Wealth"],"registration":{"secApproved":"8 December 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":449248.09160305344,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":119633000,"discretionary":119330000,"discretionaryAccounts":793,"nonDiscretionary":303000,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":2},"clientTypes":[{"label":"Individuals (other than HNW)","clients":216,"regulatoryAum":59200000},{"label":"High-net-worth individuals","clients":46,"regulatoryAum":58503000},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":730000},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":1200000}],"feePrograms":[{"role":"other","program":"Hourly Financial Planning","summary":"Services beyond the Tier 1 and Tier 2 packages are billed at $400 per hour, negotiated in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026093","versionId":1026093,"submittedOn":"2026-03-25","documentName":"COPPERWOOD FINANCIAL BROCHURE"},{"role":"other","program":"Qualified Retirement Plan Consulting","summary":"Consulting fee of 1.0% annually of plan assets, negotiable, billed monthly or quarterly in arrears.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026093","versionId":1026093,"submittedOn":"2026-03-25","documentName":"COPPERWOOD FINANCIAL BROCHURE"},{"role":"other","program":"Tier 1 and Tier 2 Financial Planning","summary":"Fixed fee of $2,500 for Tier 1 services; Tier 2 starts at $5,000, based on scope and complexity.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026093","versionId":1026093,"submittedOn":"2026-03-25","documentName":"COPPERWOOD FINANCIAL BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:44:34.899778+00:00","documents":[{"name":"COPPERWOOD FINANCIAL BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026093","versionId":1026093,"submittedOn":"2026-03-25"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":101000000}],"custodyNote":"Copperwood Financial does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Lawrence Gatz","title":"President and Chief Compliance Officer","crd":"6245962"}],"ownership":[{"label":"Lawrence Gatz","detail":"President and chief compliance officer in the 75% or more ownership band and a control person, since August 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":2},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"745 McClintock DR., Suite 308","city":"Burr Ridge","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"630-581-8998","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":69},{"label":"Securities issued by registered investment companies or business development companies","percent":10},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":5},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":11,"detail":"Annuities"}],"privateFunds":0},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/310859/PDF/310859.pdf","brochureDate":"25 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026093","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Copperwood Financial have?","answer":"Copperwood Financial has 262 clients and manages $120 million for them, as of March 2026. They include 216 individual clients and 46 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Copperwood Financial offer?","answer":"Copperwood Financial provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Copperwood Financial use?","answer":"Copperwood Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $101M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Copperwood Financial have?","answer":"Copperwood Financial has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Copperwood Financial invest in?","answer":"At the end of its last fiscal year, Copperwood Financial’s separately managed accounts held 69% exchange-traded equities, 11% other, 10% registered funds (mutual funds, ETFs, BDCs), 5% pooled vehicles (private funds and similar) and 5% cash and equivalents. The 11% other category is described as: Annuities.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Copperwood Financial?","answer":"Copperwood Financial’s direct owner is Lawrence Gatz (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Copperwood Financial get paid?","answer":"Copperwood Financial 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Copperwood Financial?","answer":"Copperwood Financial’s main office is at 745 McClintock DR., Suite 308, Burr Ridge, IL 60527. Its phone number is 630-581-8998. Its website is copperwoodfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}