Redwood Financial Planning, Llc
- Regulatory AUM
- $389M
- Discretionary
- $389M
- Clients
- 634
- Avg AUM / client
- $613K
- Accounts
- 1,454
- Employees
- 4
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Apr 01, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 589 | $185M | 47.7% |
| High net worth individuals | 32 | $202M | 51.8% |
| Pension and profit sharing plans | 13 | $1.9M | 0.48% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jared Scott Friedman | President/Owner/Chief Compliance Officer | CFP | Jun 2010 (16y) | 50% – 75% |
| Michael Allen Mclane | Co President/Owner | CFP | Aug 2020 (6y) | 50% – 75% |
| Paul Macnamara | Registered representative | Mar 2023 (3y) | ||
| Eleana Touris Mclane | Registered representative | Feb 2024 (3y) |
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/01/2026 | 1.18 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: FINRA ALLEGED THAT JARED FRIEDMAN DID NOT PROVIDE WRITTEN NOTIFICATION OF AND OBTAIN PRIOR WRITTEN APPROVAL OF HIS EMPLOYING BROKER DEALER IN ENGAGING IN A PRIVATE SECURITIES TRANSACTION WITH A CUSOTMER. FRIEDMAN RECEIVED A REFERRAL FEE AS COMPENSATION FOR THE PRIVATE SECURITIES TRANSACTION. FRIEDMAN DID NOT RESPOND TIMELY AND COMPLETELY TO A FINRA REQUEST FOR INFORMATION. Status: Final Sanction Detail: FRIEDMAN WAS SUSPENDED IN ALL CAPACITIES FOR A PERIOD OF 7 MONTHS STARTING 9/8/2009 AND ENDING 4/7/2010. SUSPENSION WAS SERVED AND SATISIFIED. A TOTAL OF $15,540 WAS PAID IN FINES CONSISTING OF $15,000 IN CIVIL/ADMINISTRATIVE PENALITIES AND RESTITUTION TO THE CUSTOMER OF $500 + INTEREST. Summary: JARED FRIEDMAN HAS STATED, WHETHER THROUGH NAIVETY OR ASSUMPTION, THAT HE BELIEVED, WHEN FORWARDING HIS CLIENT TO THE OTHER REGISTERED REPRESENTATIVE, ANY SAID TRANSACTION WAS NOT A PRIVATE SECURITIES TRANSACTION. JARED FRIEDMAN ALSO DID NOT SOLICIT, RECOMMEND, OR COMMUNICATE THE MERITS OF THE TRANSACTION TO THE CUSTOMER AS HE ONLY SERVED IN A REFERRAL CAPACITY.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
Custody
Reported custodians
- Wells Fargo $208M (54% of AUM) Apr 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 01, 2026.
View current Form ADV (SEC/IAPD) ↗