Independence Asset Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Independence Asset Advisors reports 38 clients. They include 26 high-net-worth individuals, 7 individual clients, and 5 corporations and other businesses. Of its assets, 99.9% ($2.19B across 37 accounts) are managed with discretion; $1.16M across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 18% | <1% |
| High-net-worth individuals | 68% | 16% |
| Corporations and other businesses | 13% | 84% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 7 | $3.66M | 0.2% | $523K |
| High-net-worth individuals | 26 | $355M | 16.2% | $13.6M |
| Corporations and other businesses | 5 | $1.83B | 83.6% | $367M |
| Total | 38 | $2.19B | 100% | $57.7M |
- Clients
- 7
- Regulatory AUM
- $3.66M
- AUM share
- 0.2%
- Avg. per client
- $523K
- Clients
- 26
- Regulatory AUM
- $355M
- AUM share
- 16.2%
- Avg. per client
- $13.6M
- Clients
- 5
- Regulatory AUM
- $1.83B
- AUM share
- 83.6%
- Avg. per client
- $367M
Total
- Clients
- 38
- Regulatory AUM
- $2.19B
- AUM share
- 100%
- Avg. per client
- $57.7M
- 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
- 1–10
Independence Asset Advisors is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Scott Renninger owns 75% or more of Independence Asset Advisors. The leadership team of Independence Asset Advisors includes President Katie Kearns, Chief Investment Officer Scott Renninger and Chief Compliance Officer Kyle Bubeck. It has 5 employees.
Staff
- 5 employees
- 5 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Independence Asset Advisors, LLC
Scott Renninger
Control person · since January 2010
Independence Asset Advisors’ regulatory assets grew 1.6× from $1.4B (May 2021) to $2.19B (March 2026); clients rose from 17 to 38 and employees from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $2.19B | 38 | 5 | 1 |
| Mar 2025March 2025 | $1.73B | 36 | 5 | 1 |
| Mar 2024March 2024 | $1.7B | 36 | 5 | 1 |
| Mar 2023March 2023 | $1.58B | 26 | 5 | 1 |
| Mar 2022March 2022 | $1.72B | 17 | 5 | 1 |
| May 2021May 2021 | $1.4B | 17 | 4 | 1 |
Besides its headquarters, Independence Asset Advisors has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 308 E. Lancaster Avenue, Suite 305, WynnewoodHQ
Contact and registration details
- Legal name
- Independence Asset Advisors, LLC
- Headquarters
- 308 E. Lancaster Avenue, Suite 305, Wynnewood, PA 19096
- Website
- iaadvisors.com
- Phone
- 484-433-0848
- @7587707
- SEC file
- 801-71867
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
Independence Asset Advisors’ named custodians for separately managed accounts include PNC Wealth Management ($377M, 31%), Charles Schwab ($316M, 26%) and U.S. Bancorp Investments ($295M, 24%). Independence Asset Advisors has custody of client assets.
- PNC Wealth ManagementPNC Wealth Management LLC · Philadelphia, PA · $377M31%
- U.S. Bancorp InvestmentsU.S. Bancorp Investments, Inc. · Saint Paul, MN · $295M24%
- Charles SchwabCharles Schwab & Co., Inc. · Lone Tree, CO · $316M26%
- Principal Financial GroupPrincipal Financial Group, Inc. · Des Moines, IA · $237M19%
At year end, Independence Asset Advisors’ separately managed accounts were mostly in funds (58%) and stocks (19%). Its reported 13F holdings for the quarter ended 30 June 2026 total $384M across 25 positions; the largest are Vaneck ETF Trust (26.2%), Vanguard Index Fds (23.6%) and Invesco Exchange Traded FD T (23.1%).
What the accounts hold
- Stocks19%
- Funds58%
- Registered funds30%
- Pooled vehicles28%
- Bonds16%
- Investment grade corporate bonds10%
- High-yield corporate bonds5%
- U.S. government and agency bonds1%
- Cash7%
How many clients does Independence Asset Advisors have?
Independence Asset Advisors has 38 clients and manages $2.19 billion for them, as of March 2026. They include 26 high-net-worth individuals, 7 individual clients, and 5 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Independence Asset Advisors offer?
Independence Asset Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Independence Asset Advisors use?
Independence Asset Advisors’ separately managed account assets are held at PNC Wealth Management LLC (Philadelphia, PA), with $377M, Charles Schwab & Co., Inc. (Lone Tree, CO), with $316M, U.S. Bancorp Investments, Inc. (Saint Paul, MN), with $295M and Principal Financial Group, Inc. (Des Moines, IA), with $237M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Independence Asset Advisors have?
Independence Asset Advisors has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 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 Independence Asset Advisors invest in?
At the end of its last fiscal year, Independence Asset Advisors’ separately managed accounts held 30% registered funds (mutual funds, ETFs, BDCs), 28% pooled vehicles (private funds and similar), 19% exchange-traded equities, 10% investment grade corporate bonds, 7% cash and equivalents, 5% high-yield corporate bonds 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 Independence Asset Advisors?
Independence Asset Advisors’ direct owner is Scott Renninger (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Independence Asset Advisors get paid?
Independence Asset Advisors is paid through a percentage of assets under management. 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 Independence Asset Advisors?
Independence Asset Advisors’ main office is at 308 E. Lancaster Avenue, Suite 305, Wynnewood, PA 19096. Its phone number is 484-433-0848. Its website is iaadvisors.com.