DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Redwood Financial Planning, LLC

Independent wealth managerScotch Plains, New JerseyCRD 291250SEC 801-127675websiteIAPD
Latest filing Apr 1, 2026
First filing on the tape Mar 16, 2023 · 12 filings
SEC status approved since Apr 18, 2023
RAUM
$389M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$387M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$97.2M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$389M as of Apr 1, 2026
Jan 28, 2024$175M then
HNW client RAUM$202M as of Apr 1, 2026
Jan 28, 2024$90.2M then
State-registered IARs (5.B.3)4 as of Apr 1, 2026
Jan 28, 20245 then
Employees (5.A)4 as of Apr 1, 2026
Jan 28, 20245 then
Private funds: no history
RAUM +83% over the last fiscal yearIARs 4 to 4
Practice profile
derived from the filing of Apr 1, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
RAUM per advisor
$97.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
155derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.3MderivedHNW RAUM over HNW clients
Average account
$267,432derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+83%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$202M52%
  • Individuals$185M48%
  • Pension and profit-sharing plans$1.9M0.5%
Individual clients
589reported
HNW clients
32reported
Pension plan clients
13reported
Charitable clients
0reported
Accounts
1,454reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=1.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Jared Scott FriedmanCertified Financial PlannerScotch Plains, NjApr 20, 201823 y3
Michael Allen MclaneCertified Financial PlannerScotch Plains, NjAug 31, 202028 y2
Paul MacnamaraCarlisle, PaMar 17, 202330 y3
Eleana Touris MclaneScotch Plains, NjFeb 6, 202439 y4
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Scott Jared Friedman · President/Owner/Chief Compliance Officercontrol
    since 06/2010 · owns 50% to 75%
  • Allen Michael Mclane · Co-President/Ownercontrol
    since 03/2021 · owns 50% to 75%
Related persons
Schedule D 7.A
  • Jared Friedman
    real estatey
  • Michael Mclane
    broker-dealerreal estatey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Scotch Plains, Nj · principal300
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • HNW share shiftChange between filings · filing Apr 1, 2026
    HNW share of RAUM moved from 15.0% to 52.0% between the annual amendments of 2025-03-31 and 2026-04-01
    peers: independent wealth managers, $100M to $500M (5,676)
  • RAUM up 50 %Change between filings · filing Apr 1, 2026
    RAUM (Item 5.F) moved from $212,777,284 to $388,845,592 (+83.0%) between the annual amendments of 2025-03-31 and 2026-04-01; the peer median change was +15.0% (4551 comparable advisers, 98.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,551) · 98% percentile
What changed
consecutive filings, newest first
  • Accounts · 1,294 to 1,454
    Mar 31, 2025 to Mar 31, 2026
  • HNW clients · 22 to 32
    Mar 31, 2025 to Mar 31, 2026
  • Individual clients · 550 to 589
    Mar 31, 2025 to Mar 31, 2026
  • Discretionary RAUM · $213M to $389M
    Mar 31, 2025 to Mar 31, 2026
  • HNW RAUM · $31.5M to $202M
    Mar 31, 2025 to Mar 31, 2026
  • Individual RAUM · $179M to $185M
    Mar 31, 2025 to Mar 31, 2026
  • Pension RAUM · $1.9M to $1.9M
    Mar 31, 2025 to Mar 31, 2026
  • RAUM · $213M to $389M
    Mar 31, 2025 to Mar 31, 2026
  • Accounts · 1,205 to 1,294
    May 31, 2024 to Mar 31, 2025
  • Advisory employees · 4 to 3
    May 31, 2024 to Mar 31, 2025
  • HNW clients · 54 to 22
    May 31, 2024 to Mar 31, 2025
  • Individual clients · 410 to 550
    May 31, 2024 to Mar 31, 2025
  • Pension plan clients · 0 to 13
    May 31, 2024 to Mar 31, 2025
  • Financial planning clients · 1-10 to 0
    May 31, 2024 to Mar 31, 2025
  • Discretionary RAUM · $175M to $213M
    May 31, 2024 to Mar 31, 2025
  • HNW RAUM · $90.2M to $31.5M
    May 31, 2024 to Mar 31, 2025
  • Individual RAUM · $84.4M to $179M
    May 31, 2024 to Mar 31, 2025
  • Pension RAUM · $0 to $1.9M
    May 31, 2024 to Mar 31, 2025
  • RAUM · $175M to $213M
    May 31, 2024 to Mar 31, 2025
  • Advisory employees · 5 to 4
    Jan 28, 2024 to May 31, 2024
  • Employees · 5 to 4
    Jan 28, 2024 to May 31, 2024
  • State-registered IARs · 5 to 4
    Jan 28, 2024 to May 31, 2024
  • Accounts · 557 to 1,205
    May 11, 2023 to Jan 28, 2024
  • Advisory employees · 3 to 5
    May 11, 2023 to Jan 28, 2024
  • HNW clients · 53 to 54
    May 11, 2023 to Jan 28, 2024
  • Individual clients · 355 to 410
    May 11, 2023 to Jan 28, 2024
  • Pension plan clients · 13 to 0
    May 11, 2023 to Jan 28, 2024
  • Employees · 3 to 5
    May 11, 2023 to Jan 28, 2024
  • State-registered IARs · 3 to 5
    May 11, 2023 to Jan 28, 2024
  • Other offices · 0 to 1
    May 11, 2023 to Jan 28, 2024
  • Discretionary RAUM · $101M to $175M
    May 11, 2023 to Jan 28, 2024
  • HNW RAUM · $49.0M to $90.2M
    May 11, 2023 to Jan 28, 2024
  • Individual RAUM · $49.2M to $84.4M
    May 11, 2023 to Jan 28, 2024
  • Pension RAUM · $3.1M to $0
    May 11, 2023 to Jan 28, 2024
  • RAUM · $101M to $175M
    May 11, 2023 to Jan 28, 2024
Signals
3 dated events
  • Redwood Financial Planning, Llc reported RAUM $388.8M, up 83% from $212.8M (2025-03-31 to 2026-03-31)
    Mar 31, 2026 · RAUM change · derived
  • Colin H Dalton left Redwood Financial Planning, Llc for Northwestern Mutual Investment Services,Llc (registered 2025-12-01)
    May 31, 2024 · Advisor changed firm · fact
  • Redwood Financial Planning, Llc filed its initial SEC registration (Form ADV)
    Mar 16, 2023 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
908-663-2125reportedpublished by the firm, firm site, Sep 16, 2026
Website
REDWOODFINANCIALPLANNING.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
908-663-2125reportedpublic record, Form ADV, Apr 1, 2026
Contact form
redwoodfinancialplanning.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$97.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026