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on the assets in their retirement account.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060386","versionId":1060386,"submittedOn":"2026-10-07","documentName":"ADV PART 2A FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:26:18.098991+00:00","documents":[{"name":"ADV PART 2A FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060386","versionId":1060386,"submittedOn":"2026-10-07"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060387","versionId":1060387,"submittedOn":null}]},"custodians":[{"name":"LPL Financial LLC","shortName":"LPL Financial","location":"Boston, MA","smaAssets":883908445}],"custodyNote":"Independence Square Holdings does not have custody of client 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They include 1,541 individual clients, 1,080 high-net-worth individuals, and 13 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 6 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Independence Square Holdings offer?","answer":"Independence Square Holdings provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and publishing newsletters.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Independence Square Holdings charge?","answer":"Independence Square Holdings charges up to 2.50% a year for its Portfolio Management Fees. The fee is negotiable.","source":"ADV PART 2A FIRM BROCHURE, filed 7 October 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Independence Square Holdings use?","answer":"Independence Square Holdings’ separately managed account assets are held at LPL Financial LLC (Boston, MA), with $884M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Independence Square Holdings have?","answer":"Independence Square Holdings has 30 investment adviser representatives registered with state securities authorities, out of 37 employees, and 37 perform investment advisory functions. 30 employees are registered representatives of a broker-dealer and 30 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Independence Square Holdings invest in?","answer":"At the end of its last fiscal year, Independence Square Holdings’ separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities, 7% cash and equivalents, 2% other, 1% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar). The 2% other category is described as: Uits, Structured Products.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Independence Square Holdings?","answer":"Independence Square Holdings’ direct owner is Joseph Elliott (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 6 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Independence Square Holdings get paid?","answer":"Independence Square Holdings is paid through a percentage of assets under management, hourly charges, subscription fees, fixed fees, commissions, performance-based fees and other compensation.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Independence Square Holdings?","answer":"Independence Square Holdings’ main office is at 150 South Warner Road, Suite 300, King of Prussia, PA 19406. Its phone number is 610-520-1500. Its website is indsquare.com.","source":"Form ADV Part 1A, Item 1.F, filed 6 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}