TFB Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
TFB Advisors reports 1,355 clients. They include 1,156 individual clients, 170 high-net-worth individuals, and 17 corporations and other businesses. Of its assets, 100.0% ($840M across 2,832 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 85% | 44% |
| High-net-worth individuals | 13% | 51% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 1% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,156 | $369M | 44.0% | $319K |
| High-net-worth individuals | 170 | $429M | 51.0% | $2.52M |
| Pension and profit-sharing plans | 8 | $8.2M | 1.0% | $1.02M |
| Charitable organizations | Fewer than 5 | $1.39M | 0.2% | $348K |
| Corporations and other businesses | 17 | $32.6M | 3.9% | $1.92M |
| Total | 1,355 | $840M | 100% | — |
- Clients
- 1,156
- Regulatory AUM
- $369M
- AUM share
- 44.0%
- Avg. per client
- $319K
- Clients
- 170
- Regulatory AUM
- $429M
- AUM share
- 51.0%
- Avg. per client
- $2.52M
- Clients
- 8
- Regulatory AUM
- $8.2M
- AUM share
- 1.0%
- Avg. per client
- $1.02M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.39M
- AUM share
- 0.2%
- Avg. per client
- $348K
- Clients
- 17
- Regulatory AUM
- $32.6M
- AUM share
- 3.9%
- Avg. per client
- $1.92M
Total
- Clients
- 1,355
- Regulatory AUM
- $840M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
TFB Advisors charges 0.25%–1.50% a year for its Investment and Wealth Management. 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 and Consulting
- Fixed fee for stand-alone planning or consulting, negotiable and ranging from $500 to $5,000 depending on scope and complexity.
David Wentz owns 50% to 75% of TFB Advisors. The leadership team of TFB Advisors includes President Jeffrey Pytlinski and Chief Compliance Officer Matthew Swendiman. It has 23 employees, 19 of them in advisory roles.
Staff
- 23 employees
- 19 in advisory functions
- 16 state-registered reps
- 14 broker-dealer reps
- 15 insurance agents
- Owns 50% to 75% of TFB Advisors, LLC
David Wentz
Control person · since April 2022
- Owns 25% to 50% of TFB Advisors, LLC
William Stapp
since April 2022
TFB Advisors’ regulatory assets grew Infinity× from $0 (June 2022) to $840M (April 2026); employees rose from 7 to 23.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $840M | 1,355 | 23 | 7 |
| Apr 2025April 2025 | $860M | 3,047 | 35 | 7 |
| Mar 2024March 2024 | $721M | 1,318 | 24 | 7 |
| Jul 2023July 2023 | $308M | 1,564 | 23 | 6 |
| Jun 2022June 2022 | $0 | 0 | 7 | 1 |
Besides its headquarters, TFB Advisors has 6 offices (1 private residence, listed without an address), with 6 listed addresses across 5 states.
Kansas · 2 listed addresses
- 4801 West 110th Street, Suite 200, Overland ParkHQ
- 3515 W. 75th Street, Prairie Village
Colorado · 1 listed address
- 274 Union BLVD, Lakewood
Missouri · 1 listed address
- 2036 Kappelmann RD, Beaufort
New Mexico · 1 listed address
- 1800 Sheffield Drive, Clovis
Oklahoma · 1 listed address
- 808 S. Main Street, Stillwater
Contact and registration details
- Legal name
- TFB Advisors, LLC
- Headquarters
- 4801 West 110th Street, Suite 200, Overland Park, KS 66211
- Website
- Not reported
- Phone
- 913-648-5526
- SEC file
- 801-126142
- Structure
- Delaware LLC
- Fiscal year end
- December
TFB Advisors’ named custodians for separately managed accounts are Charles Schwab ($473M, 59%) and Assetmark ($329M, 41%). TFB Advisors has custody of $22.6M for 97 clients.
- AssetmarkAssetmark, Inc · Concord, CA · $329M41%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $473M59%
At year end, TFB Advisors’ separately managed accounts were mostly in funds (63%) and stocks (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $227M across 190 positions; the largest are Vanguard Index Fds (7.4%), Vanguard World FD (4.3%) and iShares TR (4.2%).
What the accounts hold
- Stocks15%
- Funds63%
- Bonds12%
- Investment grade corporate bonds6%
- State and local bonds4%
- U.S. government and agency bonds1%
- Sovereign bonds1%
- Cash10%
How many clients does TFB Advisors have?
TFB Advisors has 1,355 clients and manages $840 million for them, as of April 2026. They include 1,156 individual clients, 170 high-net-worth individuals, and 17 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 April 2026
What services does TFB Advisors offer?
TFB Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does TFB Advisors charge?
TFB Advisors charges 0.25%–1.50% a year for its Investment and Wealth Management. The fee is billed in advance and is negotiable.
Source: DISCLOSURE BROCHURE FOR TFB ADVISORS, LLC, filed 27 April 2026
Which custodians does TFB Advisors use?
TFB Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $473M and Assetmark, Inc (Concord, CA), with $329M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 April 2026
How many financial advisors does TFB Advisors have?
TFB Advisors has 16 investment adviser representatives registered with state securities authorities, out of 23 employees, and 19 perform investment advisory functions. 14 employees are registered representatives of a broker-dealer and 15 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 TFB Advisors invest in?
At the end of its last fiscal year, TFB Advisors’ separately managed accounts held 63% registered funds (mutual funds, ETFs, BDCs), 15% exchange-traded equities, 10% cash and equivalents, 6% investment grade corporate bonds, 4% state and local bonds, 1% U.S. government and agency bonds and 1% sovereign bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns TFB Advisors?
TFB Advisors’ direct owners are David Wentz (50% to 75%) and William Stapp (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 April 2026
How does TFB Advisors get paid?
TFB Advisors is paid through a percentage of assets under management, subscription fees 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 TFB Advisors?
TFB Advisors’ main office is at 4801 West 110th Street, Suite 200, Overland Park, KS 66211. Its phone number is 913-648-5526.
