Wealth manager, independent · Kansas City, MO
Atwood & Palmer, Inc.
SEC-registered investment adviser · CRD 104995 · SEC 801-36665
At a glance
Atwood & Palmer, Inc. is an SEC-registered investment adviser based in Kansas City, Missouri, with $2.0B in regulatory assets under management as of its Form ADV filed August 25, 2026. It reports 511 individual clients, 358 of them high-net-worth, holding an average of about $3.8 million each, and 9 employees. That ranks it 545th among the nation’s 5,657 independent wealth management RIAs and 15th of 92 in Missouri. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 816-931-2266atwoodpalmer.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.0B
- Rank among independent wealth managers
- #545 of 5,657
- Rank among all SEC RIAs
- #3,591 of 17,210
- Rank in Missouri
- #15 of 92
- Individual clients
- 511
- High-net-worth clients
- 358
- Accounts
- 1,362
- Discretionary
- 100% of AUM
- Employees
- 9
- Advisory staff
- 6
- Offices
- 1
Owners and executives on its Form ADV
- Steven N. PalmerPartner
- Teresa L. BurchChief Compliance Officer
- Spencer A. JonesPartner
- Peter J. SowdenPartner
- Steven P. FrankePartner
Custody and brokerage
Broker-dealer
No broker-dealer ties
Atwood & Palmer, Inc. reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 358 | $1.9B | 94% |
| Charitable organizations | 8 | $58M | 3% |
| Individuals | 153 | $36M | 2% |
| Corporations or other businesses | 6 | $31M | 1% |
Disciplinary disclosures
Atwood & Palmer, Inc. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗atwoodpalmer.com ↗
AtlasMembers
The full record on Atwood & Palmer, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 1,935 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Missouri
All of Missouri →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Argos Capital Partners, LLCSt. Louis | $2.6B | 60 |
| Acropolis Investment ManagementChesterfield | $2.6B | 1,037 |
| Mosaic WealthSt. Louis | $2.0B | 774 |
| Parkwoods Wealth Partners, LLCClayton | $1.8B | 1,373 |
| Alpine Private WealthSaint Louis | $1.5B | 265 |
| Anderson Hoagland & CoSt Louis | $1.4B | 136 |
Background
Questions
How much does Atwood & Palmer, Inc. manage?
Atwood & Palmer, Inc. reports $2.0B in regulatory assets under management across 1,362 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 25, 2026.
How many clients does Atwood & Palmer, Inc. have?
It reports 511 individual clients: 358 high-net-worth individuals and 153 other individuals. Individuals account for about 96% of its regulatory assets.
Where is Atwood & Palmer, Inc. headquartered?
Its main office is in Kansas City, Missouri. It reports 1 office in total and 9 employees, 6 of whom perform investment advisory functions.
How does Atwood & Palmer, Inc. charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Atwood & Palmer, Inc. use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed August 25, 2026, it reports these amounts held: Fidelity ($1.8B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Atwood & Palmer, Inc. a hybrid RIA with a broker-dealer?
Atwood & Palmer, Inc. reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Atwood & Palmer, Inc. a fiduciary?
As an SEC-registered investment adviser, Atwood & Palmer, Inc. owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Atwood & Palmer, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-25), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →