Elwood & Goetz Wealth Advisory Group provides financial planning, portfolio management for individuals and small businesses, pension consulting, business succession planning, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 500 clients last fiscal year.
Elwood & Goetz Wealth Advisory Group reports 686 clients. They include 346 high-net-worth individuals, 336 individual clients and 4 charitable organizations. Of its assets, 100.0% ($1.07B across 3,394 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 49% | 14% |
| High-net-worth individuals | 50% | 86% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 336 | $146M | 13.6% | $435K |
| High-net-worth individuals | 346 | $927M | 86.3% | $2.68M |
| Charitable organizations | Fewer than 5 | $1.09M | 0.1% | $271K |
| Total | 686 | $1.07B | 100% | — |
- Clients
- 336
- Regulatory AUM
- $146M
- AUM share
- 13.6%
- Avg. per client
- $435K
- Clients
- 346
- Regulatory AUM
- $927M
- AUM share
- 86.3%
- Avg. per client
- $2.68M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.09M
- AUM share
- 0.1%
- Avg. per client
- $271K
Total
- Clients
- 686
- Regulatory AUM
- $1.07B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 500
Elwood & Goetz Wealth Advisory Group charges 0.25%–1.00% a year for its Investment Supervisory Fees. The fee is billed in arrears and has a $4,200 annual minimum. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Hourly Rate
- Hourly financial planning services range from $250 to $500 per hour, based on staff expertise and situational complexity.
Lindsay Elwood owns 25% to 50% of Elwood & Goetz Wealth Advisory Group. Joseph Goetz is CEO; the leadership team includes Chief Financial Officer Lindsay Elwood. It has 29 employees, 26 of them in advisory roles.
Staff
- 29 employees
- 26 in advisory functions
- 18 state-registered reps
- Owns 25% to 50% of Elwood & Goetz Wealth Advisory Group, LLC
Lindsay Elwood
Control person · since July 2010
- Owns 25% to 50% of Elwood & Goetz Wealth Advisory Group, LLC
Joseph Goetz
Control person · since July 2010
- Owns 10% to 25% of Elwood & Goetz Wealth Advisory Group, LLC
Alden Shmerling
Control person · since July 2019
Elwood & Goetz Wealth Advisory Group’s regulatory assets grew 2.6× from $419M (March 2021) to $1.07B (August 2026); clients rose from 402 to 686 and employees from 15 to 29.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $1.07B | 686 | 29 | 7 |
| Feb 2025February 2025 | $813M | 603 | 27 | 4 |
| Jul 2024July 2024 | $682M | 552 | 19 | 4 |
| Mar 2023March 2023 | $564M | 558 | 21 | 4 |
| Mar 2022March 2022 | $558M | 497 | 21 | 4 |
| Mar 2021March 2021 | $419M | 402 | 15 | 3 |
Besides its headquarters, Elwood & Goetz Wealth Advisory Group has 6 offices, with 7 listed addresses across 3 states.
Georgia · 5 listed addresses
- 687 S Milledge Ave, AthensHQ
- 490 Brasfield Square Se, Atlanta
- 5815 Windward Pkwy, Alpharetta
- 1020 Parkside Commons, Greenboro
- 210 Trilith Pkwy, Fayetteville
Florida · 1 listed address
- 4850 Tamiami Trail North, Naples
South Carolina · 1 listed address
- 75 Port City Landing, MT Pleasant
Contact and registration details
- Legal name
- Elwood & Goetz Wealth Advisory Group, LLC
- Headquarters
- 687 S Milledge Ave, Athens, GA 30605
- Website
- elwoodgoetz.com
- Phone
- 706-548-1025
- @elwoodgoetz
- SEC file
- 801-109935
- Founded
- 2006
- Structure
- Georgia LLC
- Fiscal year end
- December
Elwood & Goetz Wealth Advisory Group’s named custodian for separately managed accounts is Charles Schwab ($897M). Elwood & Goetz Wealth Advisory Group has custody of $378M for 1,042 clients.
- Charles SchwabCharles Schwab & Co., Inc. Advisor Services · San Francisco, CA · $897M100%
At year end, Elwood & Goetz Wealth Advisory Group’s separately managed accounts were mostly in stocks (53%) and funds (43%). Its reported 13F holdings for the quarter ended 30 June 2026 total $676M across 148 positions; the largest are Vanguard Tax-managed Fds (15.6%), Vanguard Index Fds (15.2%) and Vanguard World FD (7.9%).
What the accounts hold
- Stocks53%
- Funds43%
- Bonds1%
- Cash3%
How many clients does Elwood & Goetz Wealth Advisory Group have?
Elwood & Goetz Wealth Advisory Group has 686 clients and manages $1.07 billion for them, as of August 2026. They include 346 high-net-worth individuals, 336 individual clients and 4 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 August 2026
What services does Elwood & Goetz Wealth Advisory Group offer?
Elwood & Goetz Wealth Advisory Group provides financial planning, portfolio management for individuals and small businesses, pension consulting, business succession 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 Elwood & Goetz Wealth Advisory Group charge?
Elwood & Goetz Wealth Advisory Group charges 0.25%–1.00% a year for its Investment Supervisory Fees. The fee is billed in arrears and has a $4,200 annual minimum.
Source: ADV PART 2A, filed 27 March 2026
Which custodians does Elwood & Goetz Wealth Advisory Group use?
Elwood & Goetz Wealth Advisory Group’s separately managed account assets are held at Charles Schwab & Co., Inc. Advisor Services (San Francisco, CA), with $897M. 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 August 2026
How many financial advisors does Elwood & Goetz Wealth Advisory Group have?
Elwood & Goetz Wealth Advisory Group has 18 investment adviser representatives registered with state securities authorities, out of 29 employees, and 26 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 Elwood & Goetz Wealth Advisory Group invest in?
At the end of its last fiscal year, Elwood & Goetz Wealth Advisory Group’s separately managed accounts held 53% exchange-traded equities, 43% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Elwood & Goetz Wealth Advisory Group?
Elwood & Goetz Wealth Advisory Group’s direct owners are Lindsay Elwood, Joseph Goetz and Alden Shmerling, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 25 August 2026
How does Elwood & Goetz Wealth Advisory Group get paid?
Elwood & Goetz Wealth Advisory Group 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
How do I contact Elwood & Goetz Wealth Advisory Group?
Elwood & Goetz Wealth Advisory Group’s main office is at 687 S Milledge Ave, Athens, GA 30605. Its phone number is 706-548-1025. Its website is elwoodgoetz.com.