North Berkeley Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, philanthropic planning, and tax planning.
North Berkeley Wealth Management reports 411 clients. They include 220 high-net-worth individuals, 181 individual clients and 7 charitable organizations. Of its assets, 97.2% ($807M across 1,469 accounts) are managed with discretion; $23M across 33 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 44% | 11% |
| High-net-worth individuals | 54% | 86% |
| Pension and profit-sharing plans | <1% | 1% |
| Charitable organizations | 2% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 181 | $91.1M | 11.0% | $503K |
| High-net-worth individuals | 220 | $714M | 86.0% | $3.24M |
| Pension and profit-sharing plans | Fewer than 5 | $12.3M | 1.5% | $4.1M |
| Charitable organizations | 7 | $12.8M | 1.5% | $1.83M |
| Total | 411 | $830M | 100% | — |
- Clients
- 181
- Regulatory AUM
- $91.1M
- AUM share
- 11.0%
- Avg. per client
- $503K
- Clients
- 220
- Regulatory AUM
- $714M
- AUM share
- 86.0%
- Avg. per client
- $3.24M
- Clients
- Fewer than 5
- Regulatory AUM
- $12.3M
- AUM share
- 1.5%
- Avg. per client
- $4.1M
- Clients
- 7
- Regulatory AUM
- $12.8M
- AUM share
- 1.5%
- Avg. per client
- $1.83M
Total
- Clients
- 411
- Regulatory AUM
- $830M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
North Berkeley Wealth Management charges 0.35%–1.00% a year for its Investment management and financial planning. The whole portfolio is charged at the rate of its band. The fee is billed in arrears, is negotiable and has a $10,000 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$3M | 1.00% |
| $3M–$5M | 0.75% |
| $5M–$10M | 0.50% |
| $10M and above | 0.35% |
Fee details and sources
Other fees
- Hourly financial planning
- Hourly financial planning outside the comprehensive services is charged at $295 an hour, with a not-to-exceed maximum agreed for each project.
Brian Kozel owns 50% to 75% of North Berkeley Wealth Management. The leadership team of North Berkeley Wealth Management includes Chief Compliance Officer Samuel Wood-Bednarz. It has 16 employees, 11 of them in advisory roles.
Leadership
- Samuel Wood-BednarzManaging Member & Chief Compliance Officer
- Katherine KingManaging Member
- Brian KozelManaging Member
Investment adviser representatives
12 representatives listed in the SEC register as of 9 October 2026.
Staff
- 16 employees
- 11 in advisory functions
- 13 state-registered reps
- Owns 50% to 75% of North Berkeley Wealth Management, LLC
Brian Kozel
Control person · since January 2017
- Owns 25% to 50% of North Berkeley Wealth Management, LLC
Samuel Wood-Bednarz
Control person · since January 2021
- Owns 10% to 25% of North Berkeley Wealth Management, LLC
Katherine King
Control person · since July 2005
North Berkeley Wealth Management’s regulatory assets grew 1.7× from $485M (March 2021) to $830M (March 2026); clients rose from 333 to 411 and employees from 13 to 16.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $830M | 411 | 16 | 2 |
| July 2025 | $711M | 391 | 16 | 1 |
| March 2024 | $613M | 131,382 | 15 | 1 |
| March 2023 | $508M | 353 | 15 | 1 |
| March 2022 | $576M | 344 | 15 | 1 |
| March 2021 | $485M | 333 | 13 | 1 |
Besides its headquarters, North Berkeley Wealth Management has 1 office, with 2 listed addresses in California and Washington.
California · 1 listed address
- 1995 El Dorado Ave, BerkeleyHQ
Washington · 1 listed address
- 3224 Centerwood CT Se, Olympia
Contact and registration details
- Legal name
- North Berkeley Wealth Management, LLC
- Headquarters
- 1995 El Dorado Ave, Berkeley, CA 94707
- Website
- northberkeleywealth.com
- Phone
- 510-528-5820
- @north-berkeley-wealth
- SEC file
- 801-64572
- Founded
- 2005
- Structure
- California LLC
- Fiscal year end
- December
North Berkeley Wealth Management uses Charles Schwab ($673M, 86%) and Pershing ($112M, 14%) as custodians for its separately managed accounts. North Berkeley Wealth Management has custody of $180M in client assets for 143 clients.
- PershingPershing LLC · Jersey City, NJ · $112M14%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $673M86%
At year end, North Berkeley Wealth Management’s separately managed accounts were mostly in funds (86%). Its reported 13F holdings for the quarter ended 30 June 2026 total $247M across 77 positions; the largest are iShares TR (6.5%), Dimensional ETF Trust (6.3%) and Nushares ETF TR (6.2%).
What the accounts hold
- Stocks8%
- Exchange-traded equities7%
- Non-exchange-traded equities1%
- Funds86%
- Bonds1%
- Cash5%
Reported 13F holdings
- $247M
- Reported 13F value
- 77
- Positions
- 54.6%
- In the 10 largest
- +30.7%
- Value vs. prior quarter
- iShares TR · Core US Aggbd ET6.5%
- Dimensional ETF Trust · US Real Esta ETF6.3%
- Nushares ETF TR · Nuveen Esg Smlcp6.2%
- Simpson Mfg Inc.6.1%
- iShares TR · Core S&P500 ETF5.7%
- iShares TR · MSCI Acwi ETF5.5%
- iShares TR · S&P 500 Grwt ETF5.3%
- iShares Inc. · Core MSCI Emkt4.7%
- iShares TR · Core S&P Scp ETF4.3%
- Morgan Stanley ETF Trust · Calve Index ETF4.0%
Together, the ten largest are 54.6% of reported value.
How many clients does North Berkeley Wealth Management have?
North Berkeley Wealth Management has 411 clients and manages $830 million for them, as of March 2026. They include 220 high-net-worth individuals, 181 individual clients and 7 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026
What services does North Berkeley Wealth Management offer?
North Berkeley Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, philanthropic planning, 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 North Berkeley Wealth Management charge?
North Berkeley Wealth Management charges 0.35%–1.00% a year for its Investment management and financial planning. The whole portfolio is charged at the rate of its band. The fee is billed in arrears, is negotiable and has a $10,000 annual minimum.
Source: NORTH BERKELEY WEALTH MANAGEMENT, LLC, filed 19 March 2026
Which custodians does North Berkeley Wealth Management use?
North Berkeley Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $673M and Pershing LLC (Jersey City, NJ), with $112M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 March 2026
How many financial advisors does North Berkeley Wealth Management have?
North Berkeley Wealth Management has 13 investment adviser representatives registered with state securities authorities, out of 16 employees, and 11 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 North Berkeley Wealth Management invest in?
At the end of its last fiscal year, North Berkeley Wealth Management’s separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 5% cash and equivalents, 1% non-exchange-traded equities and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns North Berkeley Wealth Management?
North Berkeley Wealth Management’s direct owners are Katherine King (10% to 25%), Brian Kozel (50% to 75%) and Samuel Wood-Bednarz (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 19 March 2026
How does North Berkeley Wealth Management get paid?
North Berkeley Wealth Management 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 North Berkeley Wealth Management?
North Berkeley Wealth Management’s main office is at 1995 El Dorado Ave, Berkeley, CA 94707. Its phone number is 510-528-5820. Its website is northberkeleywealth.com.