Independent Wealth Advisors provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 101–250 clients last fiscal year.
Independent Wealth Advisors reports 258 clients. They include 133 high-net-worth individuals, 123 individual clients, and 2 pension and profit-sharing plans. Of its assets, 100.0% ($195M across 432 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $195M. It advised 12 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 48% | 20% |
| High-net-worth individuals | 52% | 79% |
| Pension and profit-sharing plans | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 123 | $39.5M | 20.2% | $321K |
| High-net-worth individuals | 133 | $155M | 79.3% | $1.17M |
| Pension and profit-sharing plans | Fewer than 5 | $845K | 0.4% | $422K |
| Total | 258 | $195M | 100% | — |
- Clients
- 123
- Regulatory AUM
- $39.5M
- AUM share
- 20.2%
- Avg. per client
- $321K
- Clients
- 133
- Regulatory AUM
- $155M
- AUM share
- 79.3%
- Avg. per client
- $1.17M
- Clients
- Fewer than 5
- Regulatory AUM
- $845K
- AUM share
- 0.4%
- Avg. per client
- $422K
Total
- Clients
- 258
- Regulatory AUM
- $195M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 12
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Independent Wealth Advisors charges up to 1.25% a year for its Portfolio Management Fees. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial plans are a negotiated fixed fee between $500 and $20,000.
David Hellinger owns 50% to 75% of Independent Wealth Advisors. The leadership team of Independent Wealth Advisors includes Chief Compliance Officer David Hellinger. It has 4 employees.
Leadership
- David HellingerManaging Partner and Chief Compliance Officer
- Jakub KreuterManaging Partner
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 4 in advisory functions
- 3 state-registered reps
- 3 broker-dealer reps
- 2 insurance agents
- Owns 50% to 75% of Independent Wealth Advisors, LLC
David Hellinger
Control person · since October 2023
- Owns 50% to 75% of Independent Wealth Advisors, LLC
Jakub Kreuter
Control person · since October 2023
Independent Wealth Advisors’ regulatory assets grew from $133M (April 2024) to $195M (June 2026); clients rose from 168 to 258 and employees from 3 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $195M | 258 | 4 | 1 |
| March 2025 | $152M | 181 | 3 | 1 |
| April 2024 | $133M | 168 | 3 | 1 |
Besides its headquarters, Independent Wealth Advisors has 0 offices, with 1 listed address in North Carolina.
North Carolina · 1 listed address
- 167 E. Chatham Street, Suite 300, CaryHQ
Contact and registration details
- Legal name
- Independent Wealth Advisors, LLC
- Headquarters
- 167 E. Chatham Street, Suite 300, Cary, NC 27511
- Website
- Not reported
- Phone
- 919-749-7596
- SEC file
- 801-129370
- Structure
- North Carolina LLC
- Fiscal year end
- December
Independent Wealth Advisors uses LPL Financial ($195M) as custodian for its separately managed accounts. Independent Wealth Advisors does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $195M100%
At year end, Independent Wealth Advisors’ separately managed accounts were mostly in funds (76%) and stocks (13%). Its reported 13F holdings for the quarter ended 30 June 2026 total $111M across 77 positions; the largest are SPDR Gold TR (8.8%), Simplify Exchange Traded Fun (6.2%) and iShares TR (5.8%).
What the accounts hold
- Stocks13%
- Funds76%
- Bonds3%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- High-yield corporate bonds1%
- Cash8%
Reported 13F holdings
- $111M
- Reported 13F value
- 77
- Positions
- 52.3%
- In the 10 largest
- +8.5%
- Value vs. prior quarter
- SPDR Gold TR · Gold Shs8.8%
- Simplify Exchange Traded Fun · Hedged Equity6.2%
- iShares TR · 1 3 YR Treas BD5.8%
- Simplify Exchange Traded Fun · US EQT Pls Dwnsd5.6%
- Neos ETF Trust · Neos Enh Inc. 1-34.8%
- Wisdomtree TR · Floatng Rat Trea4.7%
- Proshares TR · S&P 500 DV Arist4.7%
- J P Morgan Exchange Traded F · Intl Hdgd EQT LA4.6%
- Strategy Shs · Day Hagan Smart3.9%
- Vanguard World FD · Mega Cap Index3.3%
Together, the ten largest are 52.3% of reported value.
How many clients does Independent Wealth Advisors have?
Independent Wealth Advisors has 258 clients and manages $195 million for them, as of June 2026. They include 133 high-net-worth individuals, 123 individual clients, and 2 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 June 2026
What services does Independent Wealth Advisors offer?
Independent Wealth Advisors 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 Independent Wealth Advisors charge?
Independent Wealth Advisors charges up to 1.25% a year for its Portfolio Management Fees. The fee is billed in advance and is negotiable.
Source: FORM ADV PART 2A- INDEPENDENT WEALTH ADVISORS, LLC, filed 22 June 2026
Which custodians does Independent Wealth Advisors use?
Independent Wealth Advisors’ separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $195M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 June 2026
How many financial advisors does Independent Wealth Advisors have?
Independent Wealth Advisors has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 2 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 Independent Wealth Advisors invest in?
At the end of its last fiscal year, Independent Wealth Advisors’ separately managed accounts held 76% registered funds (mutual funds, ETFs, BDCs), 13% exchange-traded equities, 8% cash and equivalents, 1% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Independent Wealth Advisors?
Independent Wealth Advisors’ direct owners are David Hellinger (50% to 75%) and Jakub Kreuter (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 22 June 2026
How does Independent Wealth Advisors get paid?
Independent 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 Independent Wealth Advisors?
Independent Wealth Advisors’ main office is at 167 E. Chatham Street, Suite 300, Cary, NC 27511. Its phone number is 919-749-7596.