Wealth manager, bank-affiliated · Greenwood, SC
Greenwood Capital Associates, LLC
SEC-registered investment adviser · CRD 115015 · SEC 801-60493
At a glance
Greenwood Capital Associates, LLC is an SEC-registered investment adviser based in Greenwood, South Carolina, with $1.8B in regulatory assets under management as of its Form ADV filed April 15, 2026. It reports 660 individual clients, 76 of them high-net-worth, holding an average of about $1.5 million each, and 21 employees. That ranks it 623rd among the nation’s 5,657 independent wealth management RIAs and 7th of 61 in South Carolina. It reports 2 custodians for its clients’ separately managed accounts: Commercial Bank - Trust Dept and Charles Schwab.
Main office 864-941-4049greenwoodcapital.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.8B
- Rank among independent wealth managers
- #623 of 5,657
- Rank among all SEC RIAs
- #3,897 of 17,210
- Rank in South Carolina
- #7 of 61
- Individual clients
- 660
- High-net-worth clients
- 76
- Accounts
- 731
- Discretionary
- 100% of AUM
- Employees
- 21
- Advisory staff
- 14
- Offices
- 2
Owners and executives on its Form ADV
- Walter B. ToddPresident/chief Investment Officer
- Denise H. LollisChief Compliance Officer/chief Operating Officer
- John D. WisemanDirector of Fixed Income
- Brian L. DisherDirector of Wealth Management
- Melissa D. BaneSenior Private Client Advisor
- John W. CooperPrivate Client Advisor
- Claud W. BondSenior Trading Manager
- Mark K. PylesDirect of Multi-Asset Strategies
Custody and brokerage
2 custodians
- Commercial Bank - Trust DeptAffiliate of the firm$836M54%
- Charles Schwab$705M46%
Other RIAs using Commercial Bank - Trust DeptOther multi-custodian RIAs
Broker-dealer
Affiliated broker-dealer
It names an affiliated broker-dealer: Countybanc Investments Services, Inc..
- Countybanc Investments Services, Inc.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 584 | $731M | 41% |
| State or municipal government entities | 10 | $396M | 22% |
| High-net-worth individuals | 76 | $286M | 16% |
| Corporations or other businesses | 13 | $184M | 10% |
| Charitable organizations | 44 | $160M | 9% |
| Pension and profit sharing plans | 4 | $9M | <1% |
Disciplinary disclosures
Greenwood Capital Associates, LLC 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
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗greenwoodcapital.com ↗
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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
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- Rank against 2,221 peers of its type and size
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- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in South Carolina
All of South Carolina →| Firm | Regulatory AUM | Clients |
|---|---|---|
| The Fiduciary AllianceGreenville | $2.5B | 8,744 |
| Abacus Planning Group, Inc.Columbia | $2.2B | 307 |
| Colonial Trust Advisors, Inc.Spartanburg | $1.9B | 895 |
| Anchor Investment ManagementColumbia | $1.5B | 763 |
| Apollon Financial, LLCMount Pleasant | $1.4B | 1,256 |
| Verity Investment PartnersBeaufort | $1.4B | 459 |
Background
Questions
How much does Greenwood Capital Associates, LLC manage?
Greenwood Capital Associates, LLC reports $1.8B in regulatory assets under management across 731 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 15, 2026.
How many clients does Greenwood Capital Associates, LLC have?
It reports 660 individual clients: 76 high-net-worth individuals and 584 other individuals. Individuals account for about 58% of its regulatory assets.
Where is Greenwood Capital Associates, LLC headquartered?
Its main office is in Greenwood, South Carolina. It reports 2 offices in total and 21 employees, 14 of whom perform investment advisory functions.
How does Greenwood Capital Associates, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Greenwood Capital Associates, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Commercial Bank - Trust Dept and Charles Schwab. On Schedule D of its Form ADV filed April 15, 2026, it reports these amounts held: Commercial Bank - Trust Dept ($836M); Charles Schwab ($705M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Greenwood Capital Associates, LLC a hybrid RIA with a broker-dealer?
It names an affiliated broker-dealer: Countybanc Investments Services, Inc..
Is Greenwood Capital Associates, LLC a fiduciary?
As an SEC-registered investment adviser, Greenwood Capital Associates, LLC 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 Greenwood Capital Associates, LLC’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 (2026-04-15), 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 →