{"url":"https://nivawealth.com/firms/glenwood-investment-group-132950","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/132950","regulatoryAum":199426399,"crd":"132950","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7307034","suffix":null,"lastName":"Dougherty","firstName":"John","middleName":"Thomas"},{"crd":"2378115","suffix":null,"lastName":"STEPHEN","firstName":"CHARLES","middleName":"LEONARD"},{"crd":"6534724","suffix":null,"lastName":"STEPHEN","firstName":"THOMAS","middleName":"JOHN"}],"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"},"history":[{"filedOn":"2022-03-31","regulatoryAum":133166677,"clients":350,"employees":6,"offices":6},{"filedOn":"2023-03-30","regulatoryAum":131342259,"clients":355,"employees":5,"offices":6},{"filedOn":"2024-03-21","regulatoryAum":141504017,"clients":355,"employees":5,"offices":6},{"filedOn":"2025-03-07","regulatoryAum":170617006,"clients":378,"employees":5,"offices":6},{"filedOn":"2026-03-06","regulatoryAum":199426399,"clients":372,"employees":4,"offices":5}],"secFileNumber":"801-121991","legalName":"Glenwood Investment Group, LLC","displayName":"Glenwood Investment Group","slug":"glenwood-investment-group-132950","website":"https://glenwoodinvestment.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/132950/0f39ca8b9f8eb2f0-r1.webp","tone":"light","width":637,"height":200,"sourceUrl":"https://glenwoodinvestment.com/","sourceLabel":"Glenwood Investment Group, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"New Hampshire limited liability company","fiscalYearEnd":"December","headquarters":{"street":"814 Elm Street, Suite 503","city":"Manchester","state":"NH","stateName":"New Hampshire","country":"United States","postalCode":"03101"},"tradeNames":[],"registration":{"secApproved":"8 October 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":538159.8135135135,"staff":{"employees":4,"advisory":2,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":199426399,"discretionary":192259561,"discretionaryAccounts":366,"nonDiscretionary":7166838,"nonDiscretionaryAccounts":6,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":319,"regulatoryAum":94301586},{"label":"High-net-worth individuals","clients":51,"regulatoryAum":104817545},{"label":"Charitable organizations","clients":2,"fewerThan5":true,"regulatoryAum":307268}],"feePrograms":[{"role":"other","program":"Financial planning and consulting","summary":"Fixed fee, typically $1,000 to $5,000, quoted at signing and due on completion; a retainer may be required for planning.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015320","versionId":1015320,"submittedOn":"2026-03-06","documentName":"FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T13:10:08.34015+00:00","documents":[{"name":"FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015320","versionId":1015320,"submittedOn":"2026-03-06"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":0}],"custodyNote":"Glenwood Investment Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Thomas Stephen","title":"Principal; Chief Compliance Officer","crd":"6534724"}],"ownership":[{"label":"Thomas Stephen","detail":"Principal; chief compliance officer in the 75% or more ownership band and a control person, since March 2022."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":0},"listedOfficeAddresses":5,"foreignOffices":[],"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"800 Turnpike Street","city":"North Andover"}]},{"state":"New Hampshire","offices":4,"addresses":[{"street":"814 Elm Street, Suite 503","city":"Manchester","headquarters":true},{"street":"500 Market Street","city":"Portsmouth"},{"street":"20 Trafalgar Square","city":"Nashua"},{"street":"5 Acer Heights Road","city":"Claremont"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"603-606-3391","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Publication of periodicals or newsletters"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":92},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"6 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/132950/PDF/132950.pdf","brochureDate":"6 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015320","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 Glenwood Investment Group have?","answer":"Glenwood Investment Group has 372 clients and manages $199 million for them, as of March 2026. They include 319 individual clients, 51 high-net-worth individuals and 2 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 6 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Glenwood Investment Group offer?","answer":"Glenwood Investment Group provides financial planning, portfolio management for individuals and small businesses, and publishing newsletters.","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 Glenwood Investment Group use?","answer":"The filing also lists Charles Schwab & Co., Inc. with no separately managed account assets.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Glenwood Investment Group have?","answer":"Glenwood Investment Group has 1 investment adviser representative registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","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 Glenwood Investment Group invest in?","answer":"At the end of its last fiscal year, Glenwood Investment Group’s separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 5% cash and equivalents and 4% exchange-traded equities.","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 Glenwood Investment Group?","answer":"Glenwood Investment Group’s direct owner is Thomas Stephen (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 6 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Glenwood Investment Group get paid?","answer":"Glenwood Investment Group is paid through a percentage of assets under management 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 Glenwood Investment Group?","answer":"Glenwood Investment Group’s main office is at 814 Elm Street, Suite 503, Manchester, NH 03101. Its phone number is 603-606-3391. Its website is glenwoodinvestment.com.","source":"Form ADV Part 1A, Item 1.F, filed 6 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."}