Obermeyer Wood Investment Counsel, LLLP provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, philanthropic planning, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Obermeyer Wood Investment Counsel, LLLP reports 1,157 clients. They include 570 high-net-worth individuals, 545 individual clients and 21 charitable organizations. Of its assets, 100.0% ($3.03B across 2,732 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 47% | 6% |
| High-net-worth individuals | 49% | 84% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 2% | 2% |
| State or municipal government entities | <1% | <1% |
| Other client typesCorporations and other businesses | 2% | 8% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 545 | $177M | 5.8% | $325K |
| High-net-worth individuals | 570 | $2.54B | 83.8% | $4.46M |
| Pension and profit-sharing plans | Fewer than 5 | $5.21M | 0.2% | $2.61M |
| Charitable organizations | 21 | $57.8M | 1.9% | $2.75M |
| State or municipal government entities | Fewer than 5 | $22.2M | 0.7% | $22.2M |
| Corporations and other businesses | 18 | $230M | 7.6% | $12.8M |
| Total | 1,157 | $3.03B | 100% | — |
- Clients
- 545
- Regulatory AUM
- $177M
- AUM share
- 5.8%
- Avg. per client
- $325K
- Clients
- 570
- Regulatory AUM
- $2.54B
- AUM share
- 83.8%
- Avg. per client
- $4.46M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.21M
- AUM share
- 0.2%
- Avg. per client
- $2.61M
- Clients
- 21
- Regulatory AUM
- $57.8M
- AUM share
- 1.9%
- Avg. per client
- $2.75M
- Clients
- Fewer than 5
- Regulatory AUM
- $22.2M
- AUM share
- 0.7%
- Avg. per client
- $22.2M
- Clients
- 18
- Regulatory AUM
- $230M
- AUM share
- 7.6%
- Avg. per client
- $12.8M
Total
- Clients
- 1,157
- Regulatory AUM
- $3.03B
- 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
- 101–250
Obermeyer Wood Investment Counsel, LLLP charges 0.50%–1.00% a year for its Investment Management Fee. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $2,000,000.
| Asset band | Annual rate |
|---|---|
| $0–$10M | 1.00% |
| $10M–$20M | 0.75% |
| $20M and above | 0.50% |
Fee details and sources
Walter R. Obermeyer Holdings, Inc. owns 50% to 75% of Obermeyer Wood Investment Counsel, LLLP and is in turn owned by Helen Obermeyer (50–75%). The leadership team of Obermeyer Wood Investment Counsel, LLLP includes President Brian Brady and Chief Compliance Officer Stephen Fleischer. It has 31 employees, 15 of them in advisory roles.
Leadership
- Brian BradyVice President and Limited Partner
- Brooke GaisVice President and Limited Partner
- Roger HennefeldLimited Partner and Vice President
- Bret HirshLimited Partner and Vice President
- Dana NightingaleLimited Partner and Senior Vice President
- Alexandra PhillipsGeneral Partner, Limited Partner and President
- Adam SavinLimited Partner and Vice President
- Stephen FleischerChief Compliance Officer
- Lee DinesLimited Partner and SVP Emeritus
- Helen ObermeyerGeneral Partner
Investment adviser representatives
19 representatives listed in the SEC register as of 9 October 2026.
- Nicholas Sebastian Barnes
- Brian Sheehan Brady
- Kim Evette Brown
- Anna Elisabeth Buckley
- Ryan John Collopy
- Maya Dammen
- Caroline Barns Duke
- Brooke Gais
- William Kineo Gorman
- Roger David Hennefeld
- Bret Rosensweig Hirsh
- Matthew David Ladley
- Dana Lyn Nightingale
- Alexandra Flynn Phillips
- Matthew James Popish
- Hayden Merrick Porter
- Adam Maxwell Savin
- Jeffrey H. Susman
- Owen Thomas Wilson
Staff
- 31 employees
- 15 in advisory functions
- 15 state-registered reps
- 2 soliciting firms
- Owns 75% or more of Obermeyer Wood Investment Counsel, LLLP
Adam Savin
Control person · since January 2024
- Owns 50% to 75% of Obermeyer Wood Investment Counsel, LLLP
Walter R. Obermeyer Holdings, Inc.
Control person · since October 2014
- Owns 50% to 75% of Walter R. Obermeyer Holdings, Inc.
Helen Obermeyer
Control person · since May 2025
- Owns 10% to 25% of Obermeyer Wood Investment Counsel, LLLP
Alexandra Phillips
Control person · since October 2014
- Owns 5% to 10% of Obermeyer Wood Investment Counsel, LLLP
Lee Dines
Control person · since October 2014
- Owns 5% to 10% of Obermeyer Wood Investment Counsel, LLLP
Dana Nightingale
Control person · since January 2017
Obermeyer Wood Investment Counsel, LLLP’s regulatory assets grew 1.6× from $1.96B (May 2021) to $3.03B (September 2026); clients rose from 851 to 1,157 and employees from 20 to 31. In 2014, Wood Investment Counsel joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $3.03B | 1,157 | 31 | 4 |
| May 2025 | $2.61B | 1,015 | 28 | 4 |
| June 2024 | $2.39B | 977 | 24 | 4 |
| June 2023 | $1.89B | 956 | 23 | 3 |
| March 2022 | $2.45B | 905 | 23 | 3 |
| May 2021 | $1.96B | 851 | 20 | 3 |
Firms that joined
20141 joined
- Wood Investment CounselNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Obermeyer Wood Investment Counsel, LLLP has 3 offices (1 private residence, listed without an address), with 3 listed addresses in Colorado.
Colorado · 3 listed addresses
- 501 Rio Grande Place, Suite 107, AspenHQ
- 200 Columbine Street, Denver
- 35 5th Street, Steamboat Springs
Contact and registration details
- Legal name
- Obermeyer Wood Investment Counsel, LLLP
- Headquarters
- 501 Rio Grande Place, Suite 107, Aspen, CO 81611
- Website
- obermeyerwealth.com
- Phone
- 970-925-8747
- @obermeyerwealth
- SEC file
- 801-54953
- Founded
- 2014
- Structure
- Colorado other (specify)
- Fiscal year end
- December
Obermeyer Wood Investment Counsel, LLLP uses Charles Schwab ($2.08B, 89%) and Fidelity ($257M, 11%) as custodians for its separately managed accounts. Obermeyer Wood Investment Counsel, LLLP has custody of $1.17B in client assets for 484 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $2.08B89%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $257M11%
At year end, Obermeyer Wood Investment Counsel, LLLP’s separately managed accounts were mostly in stocks (57%) and funds (22%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.44B across 302 positions; the largest are Vanguard Index Fds (11.0%), Alphabet Inc. (5.3%) and Taiwan Semiconductor Manufac (4.9%).
What the accounts hold
- Stocks57%
- Funds22%
- Bonds7%
- U.S. government and agency bonds6%
- State and local bonds1%
- Cash11%
- Other2%
- Derivatives1%
- Variable annuities, derivatives, non-exchange traded securities, corporate bonds (investement and non-investment grade)1%
Filed values cover 99%. The neutral 1% gap has no reported category.
Reported 13F holdings
- $2.44B
- Reported 13F value
- 302
- Positions
- 46.9%
- In the 10 largest
- +12.6%
- Value vs. prior quarter
- Vanguard Index Fds · Total Stk Mkt11.0%
- Alphabet Inc. · Cap Stk CL C5.3%
- Taiwan Semiconductor Manufac · Sponsored ADS4.9%
- Vanguard Index Fds · S&P 500 ETF Shs4.5%
- Vanguard Star Fds · VG TL Intl Stk F4.0%
- Apple Inc.3.8%
- ASML Hldg NV · N Y Registry Shs3.5%
- Nvidia Corporation3.4%
- Janus Detroit Str TR · Hendrson Aaa CL3.4%
- iShares TR · MSCI USA Qlt Fct3.2%
Together, the ten largest are 46.9% of reported value.
How many clients does Obermeyer Wood Investment Counsel, LLLP have?
Obermeyer Wood Investment Counsel, LLLP has 1,157 clients and manages $3.03 billion for them, as of September 2026. They include 570 high-net-worth individuals, 545 individual clients and 21 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 September 2026
What services does Obermeyer Wood Investment Counsel, LLLP offer?
Obermeyer Wood Investment Counsel, LLLP provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, 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 Obermeyer Wood Investment Counsel, LLLP charge?
Obermeyer Wood Investment Counsel, LLLP charges 0.50%–1.00% a year for its Investment Management Fee. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $2,000,000.
Which custodians does Obermeyer Wood Investment Counsel, LLLP use?
Obermeyer Wood Investment Counsel, LLLP’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $2.08B and Fidelity Brokerage Services LLC (Smithfield, RI), with $257M. 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 September 2026
How many financial advisors does Obermeyer Wood Investment Counsel, LLLP have?
Obermeyer Wood Investment Counsel, LLLP has 15 investment adviser representatives registered with state securities authorities, out of 31 employees, and 15 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 Obermeyer Wood Investment Counsel, LLLP invest in?
At the end of its last fiscal year, Obermeyer Wood Investment Counsel, LLLP’s separately managed accounts held 57% exchange-traded equities, 22% registered funds (mutual funds, ETFs, BDCs), 11% cash and equivalents, 6% U.S. government and agency bonds, 1% state and local bonds, 1% derivatives and 1% other. The 1% other category is described as: Variable Annuities, Derivatives, Non-Exchange Traded Securities, Corporate Bonds (Investement and Non-Investment Grade).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Obermeyer Wood Investment Counsel, LLLP have a minimum investment?
Yes, Obermeyer Wood Investment Counsel, LLLP’s minimum account size for its Investment Management Fee is $2M.
Who owns Obermeyer Wood Investment Counsel, LLLP?
Obermeyer Wood Investment Counsel, LLLP is owned through a holding company by Helen Obermeyer. Its direct owners are Alexandra Phillips (10% to 25%), Walter R. Obermeyer Holdings, Inc. (50% to 75%), Lee Dines (5% to 10%), Dana Nightingale (5% to 10%) and Adam Savin (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 September 2026
How does Obermeyer Wood Investment Counsel, LLLP get paid?
Obermeyer Wood Investment Counsel, LLLP is paid through a percentage of assets under management. 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
Is Obermeyer Wood Investment Counsel, LLLP registered with the SEC?
Yes, Obermeyer Wood Investment Counsel, LLLP has been registered with the SEC as an investment adviser since 10 October 1997. Its CRD number is 110069 and its SEC file number is 801-54953.
Source: Form ADV Part 1A, Item 1, filed 14 September 2026; IAPD firm record
How do I contact Obermeyer Wood Investment Counsel, LLLP?
Obermeyer Wood Investment Counsel, LLLP’s main office is at 501 Rio Grande Place, Suite 107, Aspen, CO 81611. Its phone number is 970-925-8747. Its website is obermeyerwealth.com.