Fidelis IM provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 101–250 clients last fiscal year.
Fidelis IM reports 275 clients. They include 183 individual clients, 63 high-net-worth individuals, and 29 pension and profit-sharing plans. Of its assets, 100.0% ($306M across 596 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 67% | 20% |
| High-net-worth individuals | 23% | 53% |
| Pension and profit-sharing plans | 11% | 28% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 183 | $60M | 19.6% | $328K |
| High-net-worth individuals | 63 | $161M | 52.6% | $2.55M |
| Pension and profit-sharing plans | 29 | $85.3M | 27.9% | $2.94M |
| Total | 275 | $306M | 100% | $1.11M |
- Clients
- 183
- Regulatory AUM
- $60M
- AUM share
- 19.6%
- Avg. per client
- $328K
- Clients
- 63
- Regulatory AUM
- $161M
- AUM share
- 52.6%
- Avg. per client
- $2.55M
- Clients
- 29
- Regulatory AUM
- $85.3M
- AUM share
- 27.9%
- Avg. per client
- $2.94M
Total
- Clients
- 275
- Regulatory AUM
- $306M
- AUM share
- 100%
- Avg. per client
- $1.11M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Fidelis IM charges up to 1.00% a year for its Investment management and planning. The fee is billed in arrears and is negotiable.
Fee details and sources
Keegan Denn owns 50% to 75% of Fidelis IM. The leadership team of Fidelis IM includes President Keegan Denn. It has 3 employees, 1 of them in advisory roles.
Leadership
- Keegan DennPresident
- Tracy RichardsCCO
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- Keegan Jay Denn
Staff
- 3 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 50% to 75% of Fidelis IM, LLC
Keegan Denn
Control person · since March 2012
- Owns 25% to 50% of Fidelis IM, LLC
Tracy Richards
Control person · since March 2012
Fidelis IM’s regulatory assets grew 1.9× from $160M (March 2021) to $306M (March 2026); clients rose from 170 to 275 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $306M | 275 | 3 | 1 |
| April 2025 | $244M | 236 | 3 | 1 |
| March 2024 | $219M | 211 | 3 | 1 |
| March 2023 | $183M | 200 | 3 | 1 |
| March 2022 | $209M | 186 | 3 | 1 |
| March 2021 | $160M | 170 | 3 | 1 |
Besides its headquarters, Fidelis IM has 0 offices, with 1 listed address in Oregon.
Oregon · 1 listed address
- 2950 E. Barnett Road, MedfordHQ
Contact and registration details
- Legal name
- Fidelis IM, LLC
- Headquarters
- 2950 E. Barnett Road, Medford, OR 97504
- Website
- fidelisim.com
- Phone
- 541-770-1311
- SEC file
- 801-118351
- Structure
- Oregon LLC
- Fiscal year end
- December
Fidelis IM uses Charles Schwab ($306M) as custodian for its separately managed accounts. Fidelis IM has custody of $73.7M in client assets for 121 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $306M100%
At year end, Fidelis IM’s separately managed accounts were mostly in funds (94%). Its reported 13F holdings for the quarter ended 30 June 2026 total $293M across 27 positions; the largest are Schwab Strategic TR (16.3%), Vanguard Specialized Funds (14.5%) and Vanguard Scottsdale Fds (10.8%).
What the accounts hold
- Stocks3%
- Funds94%
- Bonds1%
- Cash2%
Reported 13F holdings
- $293M
- Reported 13F value
- 27
- Positions
- 91.5%
- In the 10 largest
- +11.0%
- Value vs. prior quarter
- Schwab Strategic TR · US Lrg Cap ETF16.3%
- Vanguard Specialized Funds · Div App ETF14.5%
- Vanguard Scottsdale Fds · Shrt Trm Corp. BD10.8%
- Schwab Strategic TR · US Sml Cap ETF10.4%
- Vanguard Star Fds · VG TL Intl Stk F9.4%
- Wisdomtree TR · US Largecap Divd8.6%
- Vanguard Index Fds · Mid Cap ETF8.4%
- Vanguard BD Index Fds · Total Bnd Mrkt5.3%
- Schwab Strategic TR · US Lcap GR ETF4.0%
- Vanguard Malvern Fds · Strm Infproidx4.0%
Together, the ten largest are 91.5% of reported value.
How many clients does Fidelis IM have?
Fidelis IM has 275 clients and manages $306 million for them, as of March 2026. They include 183 individual clients, 63 high-net-worth individuals, and 29 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Fidelis IM offer?
Fidelis IM provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Fidelis IM charge?
Fidelis IM charges up to 1.00% a year for its Investment management and planning. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A, filed 16 March 2026
Which custodians does Fidelis IM use?
Fidelis IM’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $306M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Fidelis IM have?
Fidelis IM has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Fidelis IM invest in?
At the end of its last fiscal year, Fidelis IM’s separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 3% exchange-traded equities, 2% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Fidelis IM?
Fidelis IM’s direct owners are Keegan Denn (50% to 75%) and Tracy Richards (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Fidelis IM get paid?
Fidelis IM is paid through a percentage of assets under management 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 Fidelis IM?
Fidelis IM’s main office is at 2950 E. Barnett Road, Medford, OR 97504. Its phone number is 541-770-1311. Its website is fidelisim.com.