Buttonwood Financial Group, LLC (Kansas City)

Name: Buttonwood Financial Group, LLC
Address: 3013 Main Street, Kansas City, MO, 64108 3323
Telephone: 816-285-9000

Buttonwood Financial Group, LLC is a large advisory firm based in Kansas City. It manages $388.73 million of regulatory assets for 1,854 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Illinois, and 3 other states.

Buttonwood Financial Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Buttonwood Financial Group: assets under management

The assets under management (AUM) of Buttonwood Financial Group, LLC is $388.73 million. The firm's AUM has grown by 36% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $298.28 million in discretionary accounts and $90.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $177.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $525.85 thousand.

Buttonwood Financial Group has custody of $63.91 million in cash and securities for 113 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 58% of the total AUM. The second-largest asset type is exchange traded securities, which make up 18% of the firm’s portfolio. Investments in state and local bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Buttonwood Financial Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jon Michael Mcgraw serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Jon Michael Mcgraw is high net worth individuals with 135 clients and $326.45 million of assets under management. Among the 9 most similar advisory firms, Buttonwood Financial Group has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $381.18 million for 353 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Buttonwood Financial Group doesn't advise any private funds.

Careers at Buttonwood Financial Group, LLC

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jon Michael Mcgraw has been acting as President since 1 Jan 2002. Vincent Ian Pastorino joined the executive team most recently as the Member, Lead Advisor.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jon Michael Mcgraw	President	1 Jan 2002	Other	2056654
Jon M. Mcgraw Revocable Trust	Member	1 Nov 2004	75% - 100%	xxx-xx-xxxx
Jon M. Mcgraw Revocable Trust	Owner	1 Jan 2005	75% - 100%	xxx-xx-xxxx
Jon Michael Mcgraw	Managing member	1 Aug 2009	75% - 100%	2056654
Vincent Ian Pastorino	Chief compliance officer	1 Aug 2009	Other	3006269
Francis Bernard Drinkwine	Chief compliance officer	1 Jan 2012	Other	1452696
Vincent Ian Pastorino	Member, lead advisor	1 Jan 2017	Other	3006269

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jon Michael Mcgraw	Trustee	1 Nov 2004	75% - 100%	2056654
Jon Michael Mcgraw	Trustee	1 Jan 2005	75% - 100%	2056654

Based in Kansas City

The principal office where Buttonwood Financial Group, LLC performs its advisory services is located at 3013 Main Street, Kansas City, MO 64108 3323, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 816-285-9000 or by fax 816-285-9001. The normal business hours are 8:00 am - 5:00 pm weekends by appointment on Monday - Friday. You can find more information about the New York firm at buttonwoodfg.com and its LinkedIn profile.