Investment Planning Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 26–50 clients last fiscal year.
Investment Planning Advisors reports 820 clients. They include 700 individual clients and 120 high-net-worth individuals. Of its assets, 100.0% ($422M across 2,645 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $422M. It advised 29 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 85% | 45% |
| High-net-worth individuals | 15% | 55% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 700 | $188M | 44.6% | $268K |
| High-net-worth individuals | 120 | $234M | 55.4% | $1.95M |
| Total | 820 | $422M | 100% | $514K |
- Clients
- 700
- Regulatory AUM
- $188M
- AUM share
- 44.6%
- Avg. per client
- $268K
- Clients
- 120
- Regulatory AUM
- $234M
- AUM share
- 55.4%
- Avg. per client
- $1.95M
Total
- Clients
- 820
- Regulatory AUM
- $422M
- AUM share
- 100%
- Avg. per client
- $514K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 29
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Investment Planning Advisors charges 0.30%–1.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.00% |
| $250K–$1M | 0.80% |
| $1M–$2.5M | 0.60% |
| $2.5M–$5M | 0.50% |
| $5M–$10M | 0.40% |
| $10M and above | 0.30% |
Fee details and sources
Other fees
- Financial Planning
- Hourly fees range from $175 to $250 per hour; fixed fees range from $1,000 to $20,000, negotiable.
- Pension Consulting
- Annual fee of up to 0.25% of plan assets, negotiable, payable quarterly in advance.
Kenneth Bellavance owns 75% or more of Investment Planning Advisors. The leadership team of Investment Planning Advisors includes President Kenneth Bellavance. It has 8 employees, 4 of them in advisory roles.
Staff
- 8 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Investment Planning Advisors
Kenneth Bellavance
Control person · since April 2025
- Owns 25% to 50% of Investment Planning Advisors
Andrew Castleberry
Control person · since April 2025
Investment Planning Advisors’ regulatory assets grew 2.8× from $151M (July 2021) to $422M (March 2026); clients fell from 1,297 to 820 and employees rose from 5 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $422M | 820 | 8 | 2 |
| Jul 2025July 2025 | $334M | 1,206 | 5 | 2 |
| Jul 2024July 2024 | $240M | 2,029 | 8 | 2 |
| Jan 2023January 2023 | $198M | 957 | 7 | 2 |
| Jan 2022January 2022 | $189M | 675 | 6 | 2 |
| Jul 2021July 2021 | $151M | 1,297 | 5 | 3 |
Besides its headquarters, Investment Planning Advisors has 1 office, with 2 listed addresses in 1 state.
Georgia · 2 listed addresses
- 3550 Rowe Lane, CummingHQ
- 604 Washington Street N.W., Gainesville
Contact and registration details
- Legal name
- Investment Planning Advisors
- Headquarters
- 3550 Rowe Lane, Cumming, GA 30041
- Website
- trufp.com
- Phone
- 770-205-4394
- SEC file
- 801-117561
- Structure
- Georgia corporation
- Fiscal year end
- December
Investment Planning Advisors’ named custodian for separately managed accounts is Charles Schwab ($412M). Investment Planning Advisors has custody of $1.08M for 2 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $412M100%
At year end, Investment Planning Advisors’ separately managed accounts were mostly in funds (94%). Its reported 13F holdings for the quarter ended 30 June 2026 total $432M across 117 positions; the largest are SPDR Series Trust (12.3%), Invesco Exch Traded FD TR II (9.5%) and Invesco Exchange Traded FD T (7.9%).
What the accounts hold
- Stocks4%
- Funds94%
- Cash2%
How many clients does Investment Planning Advisors have?
Investment Planning Advisors has 820 clients and manages $422 million for them, as of March 2026. They include 700 individual clients and 120 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 March 2026
What services does Investment Planning Advisors offer?
Investment Planning 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 Investment Planning Advisors charge?
Investment Planning Advisors charges 0.30%–1.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Investment Planning Advisors use?
Investment Planning Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $412M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 March 2026
How many financial advisors does Investment Planning Advisors have?
Investment Planning Advisors has 4 investment adviser representatives registered with state securities authorities, out of 8 employees, and 4 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 Investment Planning Advisors invest in?
At the end of its last fiscal year, Investment Planning Advisors’ separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 4% exchange-traded equities and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Investment Planning Advisors?
Investment Planning Advisors’ direct owners are Kenneth Bellavance (75% or more) and Andrew Castleberry (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 3 March 2026
How does Investment Planning Advisors get paid?
Investment Planning Advisors is paid through a percentage of assets under management, hourly charges 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 Investment Planning Advisors?
Investment Planning Advisors’ main office is at 3550 Rowe Lane, Cumming, GA 30041. Its phone number is 770-205-4394. Its website is trufp.com.
