Trellis Wealth Advisors provides portfolio management for individuals and small businesses and pension consulting.
Trellis Wealth Advisors reports 128 clients. They include 105 high-net-worth individuals and 23 individual clients. Of its assets, 99.0% ($475M across 493 accounts) are managed with discretion; $4.94M across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 18% | 2% |
| High-net-worth individuals | 82% | 98% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 23 | $9.77M | 2.0% | $425K |
| High-net-worth individuals | 105 | $468M | 97.5% | $4.46M |
| Pension and profit-sharing plans | Fewer than 5 | $1.99M | 0.4% | — |
| Total | 128 | $480M | 100% | — |
- Clients
- 23
- Regulatory AUM
- $9.77M
- AUM share
- 2.0%
- Avg. per client
- $425K
- Clients
- 105
- Regulatory AUM
- $468M
- AUM share
- 97.5%
- Avg. per client
- $4.46M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.99M
- AUM share
- 0.4%
- Avg. per client
- —
Total
- Clients
- 128
- Regulatory AUM
- $480M
- 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
Trellis Wealth Advisors charges 0.50% a year for its Investment Advisory Fee. The fee is billed in arrears and is negotiable.
Fee details and sources
David Whitcher owns 25% to 50% of Trellis Wealth Advisors. The leadership team of Trellis Wealth Advisors includes Chief Compliance Officer Krist Zipfel. It has 4 employees.
Leadership
- Krist ZipfelChief Compliance Officer
- Carrie MillerMember
- Kevin OkimotoFounder (07/2010) & Trustee (04/2011)
- Mark ThompsonMember & Founder
- David WhitcherMember & Founder
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 25% to 50% of Trellis Wealth Advisors, LLC
David Whitcher
Control person · since July 2010
- Owns 25% to 50% of Trellis Wealth Advisors, LLC
Mark Thompson
Control person · since July 2010
- Owns 25% to 50% of Trellis Wealth Advisors, LLC
Kevin Okimoto
Control person · since July 2010
- Owns 25% to 50% of Trellis Wealth Advisors, LLC
Okimoto Family Trust DTD 4/6/2011
Control person · since April 2011
- Owns 10% to 25% of Trellis Wealth Advisors, LLC
Carrie Miller
Control person · since June 2014
Trellis Wealth Advisors’ regulatory assets grew 1.7× from $285M (March 2021) to $480M (March 2026); clients rose from 120 to 128 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $480M | 128 | 4 | 1 |
| March 2025 | $385M | 131 | 4 | 1 |
| March 2024 | $347M | 130 | 4 | 1 |
| August 2023 | $307M | 125 | 4 | 1 |
| March 2022 | $335M | 128 | 4 | 1 |
| March 2021 | $285M | 120 | 4 | 1 |
Besides its headquarters, Trellis Wealth Advisors has 0 offices, with 1 listed address in California.
California · 1 listed address
- 1135 Santa Rosa Street, Suite 310, San Luis ObispoHQ
Contact and registration details
- Legal name
- Trellis Wealth Advisors, LLC
- Headquarters
- 1135 Santa Rosa Street, Suite 310, San Luis Obispo, CA 93401
- Website
- trelliswealth.com
- Phone
- 805-548-8920
- SEC file
- 801-80089
- Founded
- 2010
- Structure
- California LLC
- Fiscal year end
- December
Trellis Wealth Advisors uses Charles Schwab ($480M) as custodian for its separately managed accounts. Trellis Wealth Advisors has custody of $158M in client assets for 62 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $480M100%
At year end, Trellis Wealth Advisors’ separately managed accounts were mostly in funds (96%). Its reported 13F holdings for the quarter ended 30 June 2026 total $291M across 49 positions; the largest are Dimensional ETF Trust (20.2%), Dimensional ETF Trust (14.8%) and Vanguard Index Fds (10.8%).
What the accounts hold
- Stocks2%
- Funds96%
- Bonds1%
- Cash1%
Reported 13F holdings
- $291M
- Reported 13F value
- 49
- Positions
- 85.7%
- In the 10 largest
- +10.9%
- Value vs. prior quarter
- Dimensional ETF Trust · World EX US Core20.2%
- Dimensional ETF Trust · US Cor Equ 2 ETF14.8%
- Vanguard Index Fds · Total Stk Mkt10.8%
- American Centy ETF TR · US EQT ETF9.0%
- Vanguard BD Index Fds · Short Trm Bond7.7%
- American Centy ETF TR · Intl EQT ETF7.7%
- Vanguard BD Index Fds · Total Bnd Mrkt5.1%
- Rbb Fund Trust · Longview Advantg3.7%
- Vanguard Star Fds · VG TL Intl Stk F3.4%
- Vanguard Scottsdale Fds · Shrt Trm Corp. BD3.3%
Together, the ten largest are 85.7% of reported value.
How many clients does Trellis Wealth Advisors have?
Trellis Wealth Advisors has 128 clients and manages $480 million for them, as of March 2026. They include 105 high-net-worth individuals and 23 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 March 2026
What services does Trellis Wealth Advisors offer?
Trellis Wealth Advisors provides 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 Trellis Wealth Advisors charge?
Trellis Wealth Advisors charges 0.50% a year for its Investment Advisory Fee. The fee is billed in arrears and is negotiable.
Source: TRELLIS WEALTH ADVISORS, LLC ADV PART 2A & 2B BROCHURE, filed 13 March 2026
Which custodians does Trellis Wealth Advisors use?
Trellis Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $480M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 March 2026
How many financial advisors does Trellis Wealth Advisors have?
Trellis Wealth Advisors has 4 investment adviser representatives registered with state securities authorities, out of 4 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 Trellis Wealth Advisors invest in?
At the end of its last fiscal year, Trellis Wealth Advisors’ separately managed accounts held 96% registered funds (mutual funds, ETFs, BDCs), 2% exchange-traded equities, 1% U.S. government and agency bonds and 1% 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 Trellis Wealth Advisors?
Trellis Wealth Advisors’ direct owners are David Whitcher, Mark Thompson, Kevin Okimoto, Carrie Miller and Okimoto Family Trust DTD 4/6/2011, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 13 March 2026
How does Trellis Wealth Advisors get paid?
Trellis Wealth Advisors is paid through a percentage of assets under management. 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 Trellis Wealth Advisors?
Trellis Wealth Advisors’ main office is at 1135 Santa Rosa Street, Suite 310, San Luis Obispo, CA 93401. Its phone number is 805-548-8920. Its website is trelliswealth.com.