The Darrow provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, divorce planning, and education planning. Financial planning was provided to 51–100 clients last fiscal year.
The Darrow reports 122 clients. They include 83 high-net-worth individuals and 39 individual clients. Of its assets, 100.0% ($392M across 408 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 32% | 6% |
| High-net-worth individuals | 68% | 94% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 39 | $22.6M | 5.8% | $580K |
| High-net-worth individuals | 83 | $370M | 94.2% | $4.46M |
| Total | 122 | $392M | 100% | $3.22M |
- Clients
- 39
- Regulatory AUM
- $22.6M
- AUM share
- 5.8%
- Avg. per client
- $580K
- Clients
- 83
- Regulatory AUM
- $370M
- AUM share
- 94.2%
- Avg. per client
- $4.46M
Total
- Clients
- 122
- Regulatory AUM
- $392M
- AUM share
- 100%
- Avg. per client
- $3.22M
- 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
- 51–100
The Darrow is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 4 other services, listed under fee details.
Fee details and sources
Other fees
- Discovery support service
- Project-based fees range from $5,000 to $50,000, paid in advance or in quarterly installments.
- Divorce consulting service
- Project-based fees range from $10,000 to $50,000, paid in advance or in quarterly installments.
- Estate settlement service
- Project-based fees range from $10,000 to $50,000, paid in advance or in quarterly installments.
- Financial modeling service
- Project-based fees range from $5,000 to $10,000, paid in advance on signing the service agreement.
Kristin McKenna owns 75% or more of The Darrow. The leadership team of The Darrow includes President Kristin McKenna. It has 6 employees, 4 of them in advisory roles.
Leadership
- Kristin McKennaPresident / Chief Compliance Officer
- Michelle WellsChief Operations Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- John Edward Levangie
- Matthew Robert McCreary
- Kristin Botto McKenna
- Michelle Elise Wells
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 75% or more of The Darrow Company, Inc.
Kristin McKenna
Control person · since January 2023
The Darrow’s regulatory assets grew 2.0× from $200M (July 2021) to $392M (July 2026); clients were 122 in both filings and employees rose from 4 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $392M | 122 | 6 | 6 |
| July 2025 | $308M | 118 | 6 | 5 |
| March 2024 | $246M | 126 | 5 | 5 |
| June 2023 | $204M | 123 | 5 | 5 |
| June 2022 | $242M | 132 | 6 | 7 |
| July 2021 | $200M | 121 | 4 | 7 |
Besides its headquarters, The Darrow has 5 offices (4 private residences, listed without an address), with 2 listed addresses in Massachusetts.
Massachusetts · 2 listed addresses
- 200 Reservoir Street, Suite 303, NeedhamHQ
- 22 Boston Wharf Road, Boston
Contact and registration details
- Legal name
- The Darrow Company, Inc.
- Headquarters
- 200 Reservoir Street, Suite 303, Needham, MA 02494
- Website
- darrowwealthmanagement.com
- Phone
- 978-369-5144
- @darrow-wealth-management
- SEC file
- 801-34359
- Founded
- 1987
- Structure
- Massachusetts corporation
- Fiscal year end
- December
The Darrow uses Charles Schwab ($392M) as custodian for its separately managed accounts. The Darrow has custody of $152M in client assets for 66 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $392M100%
At year end, The Darrow’s separately managed accounts were mostly in funds (89%). Its reported 13F holdings for the quarter ended 30 June 2026 total $258M across 58 positions; the largest are Invesco Qqq TR (13.0%), Vanguard BD Index Fds (7.4%) and iShares TR (6.7%).
What the accounts hold
- Stocks3%
- Funds89%
- Bonds4%
- U.S. government and agency bonds3%
- State and local bonds1%
- Cash4%
Reported 13F holdings
- $258M
- Reported 13F value
- 58
- Positions
- 58.3%
- In the 10 largest
- +16.2%
- Value vs. prior quarter
- Invesco Qqq TR · Unit Ser 113.0%
- Vanguard BD Index Fds · Intermed Term7.4%
- iShares TR · MSCI USA Min ETF6.7%
- Invesco Exchange Traded FD T · S&P 500 Garp ETF5.4%
- Oklo Inc. · Com CL A4.7%
- State Str SPDR S&P 500 ETF T · TR Unit4.6%
- Wisdomtree TR · US Qtly Div Grt4.5%
- iShares TR · Hdg MSCI Eafe4.2%
- Vanguard BD Index Fds · Total Bnd Mrkt4.0%
- Vanguard Scottsdale Fds · Vng Rus1000grw3.8%
Together, the ten largest are 58.3% of reported value.
How many clients does The Darrow have?
The Darrow has 122 clients and manages $392 million for them, as of July 2026. They include 83 high-net-worth individuals and 39 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 July 2026
What services does The Darrow offer?
The Darrow provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, divorce planning, and education planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does The Darrow use?
The Darrow’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $392M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 July 2026
How many financial advisors does The Darrow have?
The Darrow has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 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 The Darrow invest in?
At the end of its last fiscal year, The Darrow’s separately managed accounts held 89% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents, 3% exchange-traded equities, 3% U.S. government and agency bonds 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 The Darrow?
The Darrow’s direct owner is Kristin McKenna (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 9 July 2026
How does The Darrow get paid?
The Darrow 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
Is The Darrow registered with the SEC?
Yes, The Darrow has been registered with the SEC as an investment adviser since 6 July 1989. Its CRD number is 105679 and its SEC file number is 801-34359.
Source: Form ADV Part 1A, Item 1, filed 9 July 2026; IAPD firm record
How do I contact The Darrow?
The Darrow’s main office is at 200 Reservoir Street, Suite 303, Needham, MA 02494. Its phone number is 978-369-5144. Its website is darrowwealthmanagement.com.