{"url":"https://nivawealth.com/firms/terril-brothers-110422","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110422","regulatoryAum":987811544,"crd":"110422","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1083770","suffix":null,"lastName":"CARTER","firstName":"DAVID","middleName":"LESLIE"},{"crd":"1969058","suffix":null,"lastName":"NEWBOLD","firstName":"WILLIAM","middleName":"O"},{"crd":"1699714","suffix":null,"lastName":"Phillips","firstName":"Russ","middleName":null},{"crd":"836624","suffix":null,"lastName":"TERRIL","firstName":"JOHN","middleName":"JOSEPH"},{"crd":"6671145","suffix":null,"lastName":"Warner","firstName":"Patricia","middleName":"V"}],"total":5,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-02-26","regulatoryAum":714674900,"clients":371,"employees":7,"offices":2},{"filedOn":"2022-03-30","regulatoryAum":712676074,"clients":348,"employees":8,"offices":2},{"filedOn":"2023-03-15","regulatoryAum":677417623,"clients":375,"employees":9,"offices":3},{"filedOn":"2024-03-12","regulatoryAum":760944922,"clients":451,"employees":13,"offices":3},{"filedOn":"2025-03-20","regulatoryAum":864076780,"clients":470,"employees":15,"offices":3},{"filedOn":"2026-03-30","regulatoryAum":987811544,"clients":488,"employees":16,"offices":3}],"secFileNumber":"801-15619","legalName":"Terril Brothers Inc","displayName":"Terril Brothers","slug":"terril-brothers-110422","website":"https://terrilco.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"xUrl":"https://x.com/joeterrilco","founded":"1979","organization":"Missouri corporation","fiscalYearEnd":"December","headquarters":{"street":"6 City Place Drive, Suite 1050","city":"Saint Louis","state":"MO","stateName":"Missouri","country":"United States","postalCode":"63141-7102"},"tradeNames":[],"registration":{"secApproved":"12 November 1980","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1881234.4352441614,"staff":{"employees":16,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":987811544,"discretionary":987811544,"discretionaryAccounts":1140,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":257,"regulatoryAum":71332250},{"label":"High-net-worth individuals","clients":214,"regulatoryAum":814729169},{"label":"Pension and profit-sharing plans","clients":8,"regulatoryAum":49219998},{"label":"Charitable organizations","clients":3,"fewerThan5":true,"regulatoryAum":39923878},{"label":"Corporations and other businesses","clients":6,"regulatoryAum":12606249}],"feePrograms":[{"role":"main","program":"Investment advisory services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030948","versionId":1030948,"ratePeriod":"not_stated","fee_billing":"arrears","submittedOn":"2026-03-30","documentName":"TERRIL MARCH 2026 BROCHURE","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Consulting services","summary":"Occasional consulting is billed hourly at $250 per hour, payable as mutually agreed with the client.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030948","versionId":1030948,"submittedOn":"2026-03-30","documentName":"TERRIL MARCH 2026 BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T06:08:57.679198+00:00","documents":[{"name":"TERRIL MARCH 2026 BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030948","versionId":1030948,"submittedOn":"2026-03-30"}]},"custodians":[{"name":"Central Trust and Investment Company","shortName":"Central Trust and Investment","location":"St. Louis, MO","smaAssets":247587800},{"name":"U.S. Bancorp","shortName":"U.S. Bancorp","location":"St. Louis, MO","smaAssets":459803421}],"custodyNote":"Terril Brothers does not have custody of client assets.","leadership":[{"name":"John Terril","title":"President","crd":"836624"},{"name":"John Terril","title":"Chief Compliance Officer","crd":"836624"}],"ownership":[{"label":"John Terril","detail":"President in the 75% or more ownership band and a control person, since November 1979. Also chief compliance officer in the 75% or more ownership band and a control person, since June 2005."}],"filedOffices":{"otherThanPrincipal":2,"privateResidences":1},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"3201 W. White Oaks Drive","city":"Springfield"}]},{"state":"Missouri","offices":1,"addresses":[{"street":"6 City Place Drive, Suite 1050","city":"Saint Louis","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"314-965-0344","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":49},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":9},{"label":"U.S. state and local bonds","percent":4},{"label":"Investment grade corporate bonds","percent":26},{"label":"Non-investment grade corporate bonds","percent":5},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":1,"detail":"Loans, Real Estate, Gold and Silver (1%)"}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/110422/PDF/110422.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030948","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Terril Brothers have?","answer":"Terril Brothers has 488 clients and manages $988 million for them, as of March 2026. They include 257 individual clients, 214 high-net-worth individuals, and 8 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Terril Brothers offer?","answer":"Terril Brothers provides portfolio management for individuals and small businesses and portfolio management for institutions.","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 Terril Brothers charge?","answer":"Terril Brothers charges up to 1.00% for its Investment advisory services. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.","source":"TERRIL MARCH 2026 BROCHURE, filed 30 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Terril Brothers use?","answer":"Terril Brothers’ separately managed account assets are held at U.S. Bancorp (St. Louis, MO), with $460M and Central Trust and Investment Company (St. Louis, MO), with $248M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Terril Brothers have?","answer":"Terril Brothers has 5 investment adviser representatives registered with state securities authorities, out of 16 employees, and 6 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Terril Brothers invest in?","answer":"At the end of its last fiscal year, Terril Brothers’ separately managed accounts held 49% exchange-traded equities, 26% investment grade corporate bonds, 9% U.S. government and agency bonds, 5% high-yield corporate bonds, 5% cash and equivalents, 4% state and local bonds, 1% non-exchange-traded equities and 1% other. The 1% other category is described as: Loans, Real Estate, Gold and Silver (1%).","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 Terril Brothers?","answer":"Terril Brothers’ direct owner is John Terril (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Terril Brothers get paid?","answer":"Terril Brothers is paid through a percentage of assets under management and hourly charges. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Terril Brothers registered with the SEC?","answer":"Yes, Terril Brothers has been registered with the SEC as an investment adviser since 12 November 1980. Its CRD number is 110422 and its SEC file number is 801-15619.","source":"Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Terril Brothers?","answer":"Terril Brothers’ main office is at 6 City Place Drive, Suite 1050, Saint Louis, MO 63141-7102. Its phone number is 314-965-0344. Its website is terrilco.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 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."}