Trueman Brown

1 registered advisors · 0 reported ETFs · $0 reported ETF value · $196.1M regulatory AUM

Trueman Brown is an investment adviser that files Form ADV with the SEC in Lake Zurich, IL, with 1 registered advisors, reporting $196.1M in regulatory assets under management. Its 13F filings report 0 ETF positions worth $0.

Last updated 2026-10-05 (latest Form ADV filing)

Scale

How this firm compares

Ratios computed from the firm's own Form ADV filing. Each caption ranks the firm against every other firm that reported the same figures.

  • Regulatory AUM$196.1MLowTop 74%
  • Clients per advisor129HighTop 16%
  • Average AUM per client$1.5MLowTop 66%
  • High-net-worth share of clients34.9%ModerateTop 32%

What the firm filed with the SEC

Form ADV facts as filed, most recently 2026-10-05. Figures are the firm's own reported numbers.

Identity

Registration

Item 1 and registration status.

Registration type
Registered
SEC registration status
APPROVED
Registered since
2021-04-08
SEC file number
801-120742
Form version
10/2021
Latest Form ADV filing
2026-10-05
Address
765 Ela Road, Suite 301, Lake Zurich, IL 60047, United States
Phone
847-228-1968

Size

People and clients

Items 5.A through 5.D.

Employees
2
Registered advisors
1
Offices
1
Clients
129
Clients per advisor
129
High-net-worth share of clients
34.9%

Assets

Assets under management

Item 5.F and custody.

Regulatory AUM
$196,050,099
Discretionary AUM
$191,095,722
Non-discretionary AUM
$4,954,377
Total accounts
373
Average AUM per client
$1,519,768

Clients

Who the firm serves

Item 5.D, by reported assets.

  • High net worth individuals45 clients
    $171.4M
  • Individuals (non-HNW)83 clients
    $19.7M
  • Pension and profit-sharing plans1 client
    $5M

Practice

How the firm operates

Items 4 through 9.

Services
Financial Planning Services; Portfolio Management: Individuals and Small Businesses; Portfolio Management: Businesses or Institutional Clients; Selection of Other Advisers
Fee types
Compensation: Percentage of Assets Under Management; Compensation: Hourly Charges; Compensation: Fixed Fees (Other Than Subscription)
Custody
Adviser Has Custody of Client Cash; Adviser Has Custody of Client Securities; Adviser Custody Amount ($); Adviser Custody Clients (Count)

Source: SEC Form ADV filed by CRD 141602. View the official SEC IAPD record

Reported ETF investments

Reported 13F ETF positions, largest first
FundReported valueShare of reported ETF valueFund research

Registered advisors

Offices

Offices on the Form ADV filing
AddressCityStateAdvisors
765 Ela RoadLake ZurichIL1

Public filing evidence

Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.