Independence Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 251–500 clients last fiscal year.
Independence Wealth Advisors reports 379 clients. They include 327 individual clients and 52 high-net-worth individuals. Of its assets, 100.0% ($210M across 1,113 accounts) are managed with discretion. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 56% |
| High-net-worth individuals | 14% | 44% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 327 | $117M | 55.7% | $359K |
| High-net-worth individuals | 52 | $93.1M | 44.3% | $1.79M |
| Total | 379 | $210M | 100% | $555K |
- Clients
- 327
- Regulatory AUM
- $117M
- AUM share
- 55.7%
- Avg. per client
- $359K
- Clients
- 52
- Regulatory AUM
- $93.1M
- AUM share
- 44.3%
- Avg. per client
- $1.79M
Total
- Clients
- 379
- Regulatory AUM
- $210M
- AUM share
- 100%
- Avg. per client
- $555K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 3
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Independence Wealth Advisors charges 0.80%–2.00% a year for its Portfolio Management Services. The fee is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Fees
- Fixed financial plan fees range from $0 to $10,000 and are negotiable.
- Pension Consulting Services
- Pension consulting is up to 2.00% of plan assets on a breakpoint schedule down to 0.80%, and is negotiable.
Christopher Kichurchak owns 75% or more of Independence Wealth Advisors. The leadership team of Independence Wealth Advisors includes President Christopher Kichurchak and Chief Compliance Officer Ashley Kabalan. It has 5 employees.
Leadership
Christopher KichurchakManaging Member & President- Joseph QueryVice President
Ashley KabalanChief Compliance Officer and Operations Specialist
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- 3 insurance agents
- Owns 75% or more of Independence Wealth Advisors, LLC
Christopher Kichurchak
Control person · since December 2017
Independence Wealth Advisors’ regulatory assets grew 1.6× from $128M (May 2024) to $210M (June 2026); clients rose from 316 to 379 and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $210M | 379 | 5 | 1 |
| May 2025 | $163M | 351 | 5 | 1 |
| May 2024 | $128M | 316 | 5 | 1 |
Besides its headquarters, Independence Wealth Advisors has 0 offices, with 1 listed address in Ohio.
Ohio · 1 listed address
- 6100 Oak Tree BLVD South, Suite 130, IndependenceHQ
Contact and registration details
- Legal name
- Independence Wealth Advisors, LLC
- Headquarters
- 6100 Oak Tree BLVD South, Suite 130, Independence, OH 44131
- Website
- iwadirect.com
- Phone
- 216-268-3888
- @independencewealth-advisors
- SEC file
- 801-130211
- Structure
- Ohio LLC
- Fiscal year end
- December
Independence Wealth Advisors uses Charles Schwab ($210M) as custodian for its separately managed accounts. Independence Wealth Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $210M100%
At year end, Independence Wealth Advisors’ separately managed accounts were mostly in funds (80%) and stocks (16%). Its reported 13F holdings for the quarter ended 30 June 2026 total $199M across 85 positions; the largest are Select Sector SPDR TR (12.9%), Simplify Exchange Traded Fun (12.7%) and SPDR Series Trust (5.9%).
What the accounts hold
- Stocks16%
- Funds80%
- Cash4%
- Other1%
- Reit-less than 1%1%
Reported 13F holdings
- $199M
- Reported 13F value
- 85
- Positions
- 60.3%
- In the 10 largest
- —
- Value vs. prior quarter
- Select Sector SPDR TR · ST Str Techn ETF12.9%
- Simplify Exchange Traded Fun · Managed Futures12.7%
- SPDR Series Trust · ST Sho Treas ETF5.9%
- Select Sector SPDR TR · ST Str Finl ETF5.3%
- SPDR Series Trust · ST Str P500etf5.0%
- Abrdn ETFS · Bbrg All Comd K14.6%
- Select Sector SPDR TR · ST Str Care ETF4.2%
- SPDR Series Trust · ST Lon Treas ETF3.7%
- Neos ETF Trust · Neos S&P 500 HI3.0%
- Invesco Qqq TR · Unit Ser 12.9%
Together, the ten largest are 60.3% of reported value.
How many clients does Independence Wealth Advisors have?
Independence Wealth Advisors has 379 clients and manages $210 million for them, as of June 2026. They include 327 individual clients and 52 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 June 2026
What services does Independence Wealth Advisors offer?
Independence Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Independence Wealth Advisors charge?
Independence Wealth Advisors charges 0.80%–2.00% a year for its Portfolio Management Services. The fee is negotiable.
Source: ADV PART 2A- INDEPENDENCE WEALTH ADVISORS, LLC, filed 11 June 2026
Which custodians does Independence Wealth Advisors use?
Independence Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $210M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 June 2026
How many financial advisors does Independence Wealth Advisors have?
Independence Wealth Advisors has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 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 Independence Wealth Advisors invest in?
At the end of its last fiscal year, Independence Wealth Advisors’ separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 16% exchange-traded equities, 4% cash and equivalents and 1% other. The 1% other category is described as: Reit-Less Than 1%.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Independence Wealth Advisors?
Independence Wealth Advisors’ direct owner is Christopher Kichurchak (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 11 June 2026
How does Independence Wealth Advisors get paid?
Independence Wealth Advisors 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 Independence Wealth Advisors?
Independence Wealth Advisors’ main office is at 6100 Oak Tree BLVD South, Suite 130, Independence, OH 44131. Its phone number is 216-268-3888. Its website is iwadirect.com.