American Independent Securities Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 4,000 clients last fiscal year.
American Independent Securities Group reports 4,385 clients. They include 3,902 individual clients, 437 high-net-worth individuals, and 18 pension and profit-sharing plans. Of its assets, 5.4% ($53.6M across 342 accounts) are managed with discretion; $933M across 4,043 accounts are not. It advised 4,385 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 89% | 59% |
| High-net-worth individuals | 10% | 39% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 3,902 | $578M | 58.6% | $148K |
| High-net-worth individuals | 437 | $389M | 39.5% | $890K |
| Pension and profit-sharing plans | 18 | $5.49M | 0.6% | $305K |
| Charitable organizations | 13 | $4.88M | 0.5% | $375K |
| Corporations and other businesses | 15 | $8.56M | 0.9% | $571K |
| Total | 4,385 | $986M | 100% | $225K |
- Clients
- 3,902
- Regulatory AUM
- $578M
- AUM share
- 58.6%
- Avg. per client
- $148K
- Clients
- 437
- Regulatory AUM
- $389M
- AUM share
- 39.5%
- Avg. per client
- $890K
- Clients
- 18
- Regulatory AUM
- $5.49M
- AUM share
- 0.6%
- Avg. per client
- $305K
- Clients
- 13
- Regulatory AUM
- $4.88M
- AUM share
- 0.5%
- Avg. per client
- $375K
- Clients
- 15
- Regulatory AUM
- $8.56M
- AUM share
- 0.9%
- Avg. per client
- $571K
Total
- Clients
- 4,385
- Regulatory AUM
- $986M
- AUM share
- 100%
- Avg. per client
- $225K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 4,385
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 4000
American Independent Securities Group is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Ryan Shane Carlson owns 75% or more of American Independent Securities Group. The leadership team of American Independent Securities Group includes Chief Compliance Officer Sheila A Kerbein. It has 49 employees.
Staff
- 49 employees
- 49 in advisory functions
- 48 state-registered reps
- 46 broker-dealer reps
- 37 insurance agents
- Owns 75% or more of American Independent Securities Group, LLC
Ryan Shane Carlson
Control person · since March 2025
American Independent Securities Group’s regulatory assets grew 2.9× from $341M (April 2021) to $986M (March 2026); clients rose from 2,182 to 4,385 and employees from 40 to 49.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $986M | 4,385 | 49 | 37 |
| Mar 2025March 2025 | $605M | 2,987 | 34 | 29 |
| Mar 2024March 2024 | $513M | 2,830 | 33 | 29 |
| Mar 2023March 2023 | $408M | 2,748 | 33 | 29 |
| Mar 2022March 2022 | $412M | 2,473 | 40 | 40 |
| Apr 2021April 2021 | $341M | 2,182 | 40 | 43 |
Besides its headquarters, American Independent Securities Group has 36 offices (14 private residences, listed without an address), with 20 listed addresses across 12 states.
Idaho · 5 listed addresses
- 664 S Rivershore Lane Ste 150, EagleHQ
- 275 South 5th #140, Pocatello
- 82 E. State Street, Suite C, Eagle
- 3340 Merlin DR., Idaho Falls
- 810 N. Henry, Post Falls
Washington · 5 listed addresses
- 144 Railroad Avenue, Unit 204, Edmonds
- 1312 N Monroe St Suite 93, Spokane
- 144 Railroad Ave Suite 308, Edmonds
- 1107 West Bay Drive Unit 101 Suite B, Olympia
- 503 Hwy 20, 2nd Floor, Winthrop
California · 1 listed address
- 16420 Bake Parkway, Irvine
Colorado · 1 listed address
- 6455 S Yosemite Street, Greenwood Village
Hawaii · 1 listed address
- 615 Piikoi St, Honolulu
Kansas · 1 listed address
- 345 N. Riverview Street, Wichita
Kentucky · 1 listed address
- 18 N Fort Thomas Ave Suite 107, Fort Thomas
Michigan · 1 listed address
- 2150 Butterfield DR Ste 200, Troy
North Dakota · 1 listed address
- 1 North Main Street, Minot
Ohio · 1 listed address
- 17601 W 130th St Ste #4B, North Royalton
Oregon · 1 listed address
- 375 Pacific BLVD. SW, Suite B, Albany
Wisconsin · 1 listed address
- 908 8th St, Barboo
Contact and registration details
- Legal name
- American Independent Securities Group, LLC
- Headquarters
- 664 S Rivershore Lane Ste 150, Eagle, ID 83616
- Website
- americanisg.com
- Phone
- 208-489-3131
- SEC file
- 801-69138
- Structure
- Idaho LLC
- Fiscal year end
- December
American Independent Securities Group’s named custodians for separately managed accounts are RBC Capital Markets ($636M, 72%) and Assetmark ($250M, 28%). American Independent Securities Group does not have custody of client assets.
- RBC Capital MarketsRBC Capital Markets, LLC · Minneapolis, MN · $636M72%
- AssetmarkAssetmark, Inc · Concord, CA · $250M28%
At year end, American Independent Securities Group’s separately managed accounts were mostly in stocks (61%) and funds (31%).
What the accounts hold
- Stocks61%
- Funds31%
- Bonds6%
- Investment grade corporate bonds3%
- U.S. government and agency bonds2%
- State and local bonds1%
- Cash2%
How many clients does American Independent Securities Group have?
American Independent Securities Group has 4,385 clients and manages $986 million for them, as of March 2026. They include 3,902 individual clients, 437 high-net-worth individuals, and 18 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does American Independent Securities Group offer?
American Independent Securities Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does American Independent Securities Group use?
American Independent Securities Group’s separately managed account assets are held at RBC Capital Markets, LLC (Minneapolis, MN), with $636M and Assetmark, Inc (Concord, CA), with $250M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does American Independent Securities Group have?
American Independent Securities Group has 48 investment adviser representatives registered with state securities authorities, out of 49 employees, and 49 perform investment advisory functions. 46 employees are registered representatives of a broker-dealer and 37 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does American Independent Securities Group invest in?
At the end of its last fiscal year, American Independent Securities Group’s separately managed accounts held 61% exchange-traded equities, 31% registered funds (mutual funds, ETFs, BDCs), 3% investment grade corporate bonds, 2% U.S. government and agency bonds, 2% cash and equivalents and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns American Independent Securities Group?
American Independent Securities Group’s direct owner is Ryan Shane Carlson (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does American Independent Securities Group get paid?
American Independent Securities Group is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact American Independent Securities Group?
American Independent Securities Group’s main office is at 664 S Rivershore Lane Ste 150, Eagle, ID 83616. Its phone number is 208-489-3131. Its website is americanisg.com.