Birchwood Financial Partners, Inc. is a large advisory firm based in Edina. It manages $370.32 million of regulatory assets for 1,389 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, California, Florida, and 6 other states.
Birchwood Financial Partners provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Birchwood Financial Partners, Inc. is $370.32 million. The firm's AUM has grown by 196% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Birchwood Financial Partners, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Birchwood Financial Partners is high net worth individuals with 216 clients and $256.91 million of assets under management. Among the 9 most similar advisory firms, Birchwood Financial Partners has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $370.32 million for 598 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Birchwood Financial Partners doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Birchwood Financial Partners, Inc. is owned by Dana Marie Brewer. Ellen Marie White Johnson joined the executive team most recently as the Chief Compliance Officer.
The principal office where Birchwood Financial Partners, Inc. performs its advisory services is located at 3300 Edinborough Way, Edina, MN 55435, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 952-885-9088 or by fax 952-887-2949. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at klbfinancial.com.