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PENOBSCOT FINANCIAL ADVISORS
Legal name: PENOBSCOT WEALTH MANAGEMENT
CRD 286211File 801-108988
APPROVED
Retail clients
Custody
Filing as of Apr 27, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$544.5M
Above cohort median (national)
Discretionary AUM
$544.0M
Non-discretionary $507K
Clients
562
1,811 accounts
Employees
12
Above cohort median in ME
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- BRO
- Registration date
- Jan 25, 2017
- Principal office
- ONE MONUMENT SQUARE, SUITE 501, PORTLAND, ME, 04101
- Phone
- (207) 990-1901
- Website
- HTTP://WWW.PENOBSCOTFA.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $544.5M
- Discretionary AUM
- $544.0M
- Non-discretionary AUM
- $507K
- Discretionary accounts
- 1,809
- Non-discretionary accounts
- 2
- Total accounts
- 1,811
- AUM per client
- $969K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Charitable organizations | Fewer than 5 | $1.2M |
| High net worth individuals | 193 | $396.9M |
| Individuals (other than high net worth individuals) | 369 | $146.3M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Other
- Financial planning services
- Portfolio management for other
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 11 | 12 | increased by1 |
| Apr 1, 2026 | Clients | 796 | 562 | decreased by234 |
| Apr 1, 2026 | AUM | $434,543,021 | $544,532,434 | increased by$109,989,413 |
| Apr 1, 2026 | Accounts | 1,925 | 1,811 | decreased by114 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 8 | 11 | increased by3 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 689 | 796 | increased by107 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $281,657,713 | $434,543,021 | increased by$152,885,308 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 1,831 | 1,925 | increased by94 |
| Mar 1, 2022 | Clients | 637 | 689 | increased by52 |
| Mar 1, 2022 | AUM | $229,212,942 | $281,657,713 | increased by$52,444,771 |
| Mar 1, 2022 | Accounts | 1,557 | 1,831 | increased by274 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “PENOBSCOT FINANCIAL” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“PENOBSCOT FINANCIAL” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.