Sherwood Financial Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Sherwood Financial Management is a small independent advisory firm that provides financial planning and investment management to individual and high‑net‑worth clients, reporting about $23.9 million in regulatory assets under management and a limited client roster. Its services include comprehensive financial planning delivered on ongoing, project‑based, or hourly bases and continuous investment oversight under written advisory agreements.
The firm’s investment approach emphasizes passive management and modern portfolio theory, constructing model portfolios from broadly diversified index ETFs alongside selected actively managed mutual funds and other ETFs. Allocations and strategies are tailored to each client’s objectives and risk profile, and while the firm provides continuous advice and oversight it generally operates in a non‑discretionary capacity; third‑party outside managers recommended or used by the firm may, in contrast, be granted discretionary trading authority.
What is distinctive about this adviser is its predominately non‑discretionary AUM, a structure that is uncommon among independent firms and leaves trade execution control with clients rather than the advisor. The firm also combines a very small client base relative to its AUM—resulting in high AUM per client—with targeted ongoing planning (often focused on near‑retirement implementation) and coordination with outside managers for model portfolio execution.
Client services
Expertise
Fee options
Fixed fees for project-based financial planning from $3,000 to $10,000
$0 - $500,000: 1.00% $500,001 - $1,000,000: 0.75% $1,000,001+: 0.60%
$300 per hour for hourly financial planning services
Ongoing financial planning fees paid quarterly in advance, ranging from $750 to $2,500 per quarter
Account minimum: $300,000 Fee-only: Fixed fees for project-based financial planning range from $3,000 to $10,000; hourly financial planning fee is $300/hour; ongoing financial planning fees range from $750 to $2,500 per quarter (fixed quarterly fees).
Main office
Clarence NY
Advisors at this office
1
Most active in
New York
Also doing business as
Sherwood Financial Management · Sherwood Financial Management LLC · Sherwood, Tracy L · Tracy L Sherwood
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
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