North Woods Asset Management provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
North Woods Asset Management reports 194 clients. They include 149 individual clients and 45 high-net-worth individuals. Of its assets, 100.0% ($150M across 679 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 77% | 36% |
| High-net-worth individuals | 23% | 63% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | 1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 149 | $53.4M | 35.5% | $359K |
| High-net-worth individuals | 45 | $95.1M | 63.3% | $2.11M |
| Charitable organizations | Fewer than 5 | $265K | 0.2% | — |
| Corporations and other businesses | Fewer than 5 | $1.55M | 1.0% | — |
| Total | 194 | $150M | 100% | — |
- Clients
- 149
- Regulatory AUM
- $53.4M
- AUM share
- 35.5%
- Avg. per client
- $359K
- Clients
- 45
- Regulatory AUM
- $95.1M
- AUM share
- 63.3%
- Avg. per client
- $2.11M
- Clients
- Fewer than 5
- Regulatory AUM
- $265K
- AUM share
- 0.2%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $1.55M
- AUM share
- 1.0%
- Avg. per client
- —
Total
- Clients
- 194
- Regulatory AUM
- $150M
- 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
- 0
North Woods Asset Management charges 0.50%–1.00% a year for its Asset Management. The fee is billed in arrears, is negotiable and has a $2,500 annual minimum. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Retirement Plan Consulting Services
- Retirement plan consulting is generally 0.10% to 0.75% a year of plan assets; 401(k), 403(b) and profit sharing plans pay 0.25% on the first $5,000,000 and 0.10% above.
William Wadsworth owns 25% to 50% of North Woods Asset Management. It has 2 employees.
Leadership
Jeremy WadsworthManaging Member/CCO- William WadsworthPrincipal
William WadsworthPrincipal
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 soliciting firm
- Owns 25% to 50% of North Woods Asset Management LLC
William Wadsworth
Control person · since August 2015
- Owns 25% to 50% of North Woods Asset Management LLC
Jeremy Wadsworth
Control person · since January 2018
North Woods Asset Management’s regulatory assets grew 4.3× from $35.2M (March 2021) to $150M (March 2026); clients rose from 169 to 194 and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $150M | 194 | 2 | 1 |
| July 2025 | $74.8M | 147 | 2 | 1 |
| March 2024 | $64.8M | 147 | 2 | 1 |
| July 2023 | $53M | 156 | 2 | 1 |
| June 2022 | $49.2M | 181 | 2 | 1 |
| March 2021 | $35.2M | 169 | 3 | 1 |
Besides its headquarters, North Woods Asset Management has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 977 Delaware Ave, BuffaloHQ
Other business names
North Woods Asset Management has reported 1 other business name to the SEC.
- North Woods Wealth Management
Contact and registration details
- Legal name
- North Woods Asset Management LLC
- Headquarters
- 977 Delaware Ave, Buffalo, NY 14209
- Website
- north-woods.com
- Phone
- 716-220-8497
- @north-woods-asset-management
- SEC file
- 801-115081
- Structure
- New York LLC
- Fiscal year end
- December
North Woods Asset Management uses Charles Schwab ($145M) as custodian for its separately managed accounts. North Woods Asset Management has custody of $36.8M in client assets for 86 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $145M100%
At year end, North Woods Asset Management’s separately managed accounts were mostly in stocks (66%) and funds (17%).
What the accounts hold
- Stocks66%
- Funds17%
- Bonds16%
- U.S. government and agency bonds15%
- State and local bonds1%
- Cash1%
How many clients does North Woods Asset Management have?
North Woods Asset Management has 194 clients and manages $150 million for them, as of March 2026. They include 149 individual clients and 45 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 March 2026
What services does North Woods Asset Management offer?
North Woods Asset Management provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does North Woods Asset Management charge?
North Woods Asset Management charges 0.50%–1.00% a year for its Asset Management. The fee is billed in arrears, is negotiable and has a $2,500 annual minimum.
Source: NWWM FORM ADV PART 2A FIRM BROCHURE 2026, filed 14 March 2026
Which custodians does North Woods Asset Management use?
North Woods Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $145M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 March 2026
How many financial advisors does North Woods Asset Management have?
North Woods Asset Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Woods Asset Management invest in?
At the end of its last fiscal year, North Woods Asset Management’s separately managed accounts held 66% exchange-traded equities, 17% registered funds (mutual funds, ETFs, BDCs), 15% U.S. government and agency bonds, 1% state and local bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns North Woods Asset Management?
North Woods Asset Management’s direct owners are William Wadsworth and Jeremy Wadsworth, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 14 March 2026
How does North Woods Asset Management get paid?
North Woods Asset Management 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
How do I contact North Woods Asset Management?
North Woods Asset Management’s main office is at 977 Delaware Ave, Buffalo, NY 14209. Its phone number is 716-220-8497. Its website is north-woods.com.