Trueblood Wealth Management provides portfolio management for individuals and small businesses, pension consulting, selecting other managers, financial planning, and insurance.
Trueblood Wealth Management reports 346 clients. They include 237 individual clients, 86 high-net-worth individuals, and 9 pension and profit-sharing plans. Of its assets, 94.0% ($445M across 920 accounts) are managed with discretion; $28.7M across 67 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 68% | 11% |
| High-net-worth individuals | 25% | 74% |
| Pension and profit-sharing plans | 3% | 6% |
| Charitable organizations | 2% | 6% |
| Corporations and other businesses | 2% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 237 | $53.2M | 11.2% | $225K |
| High-net-worth individuals | 86 | $353M | 74.4% | $4.1M |
| Pension and profit-sharing plans | 9 | $29.2M | 6.2% | $3.25M |
| Charitable organizations | 8 | $26.2M | 5.5% | $3.27M |
| Corporations and other businesses | 6 | $12.8M | 2.7% | $2.13M |
| Total | 346 | $474M | 100% | $1.37M |
- Clients
- 237
- Regulatory AUM
- $53.2M
- AUM share
- 11.2%
- Avg. per client
- $225K
- Clients
- 86
- Regulatory AUM
- $353M
- AUM share
- 74.4%
- Avg. per client
- $4.1M
- Clients
- 9
- Regulatory AUM
- $29.2M
- AUM share
- 6.2%
- Avg. per client
- $3.25M
- Clients
- 8
- Regulatory AUM
- $26.2M
- AUM share
- 5.5%
- Avg. per client
- $3.27M
- Clients
- 6
- Regulatory AUM
- $12.8M
- AUM share
- 2.7%
- Avg. per client
- $2.13M
Total
- Clients
- 346
- Regulatory AUM
- $474M
- AUM share
- 100%
- Avg. per client
- $1.37M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Trueblood Wealth Management charges up to 1.50% a year for its Comprehensive Portfolio 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
- Retirement Plan Consulting
- Billed as a percentage of plan assets, not to exceed 1.00%, with the arrangement set case by case in the signed consulting agreement.
TPWM, LLC owns 75% or more of Trueblood Wealth Management and is in turn owned by Phillip Trueblood (75% or more). The leadership team of Trueblood Wealth Management includes Chief Compliance Officer Phillip Trueblood. It has 3 employees, 2 of them in advisory roles.
Leadership
Phillip TruebloodChief Compliance Officer
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 3 state-registered reps
- 2 insurance agents
- Owns 75% or more of Trueblood Wealth Management, LLC
TPWM, LLC
Control person · since May 2022
- Owns 75% or more of TPWM, LLC
Phillip Trueblood
Control person · since May 2022
Trueblood Wealth Management’s regulatory assets grew Infinity× from $0 (June 2022) to $474M (August 2026); employees rose from 1 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $474M | 346 | 3 | 1 |
| February 2025 | $431M | 317 | 2 | 1 |
| February 2024 | $332M | 277 | 2 | 1 |
| February 2023 | $274M | 214 | 2 | 1 |
| June 2022 | $0 | 0 | 1 | 1 |
Besides its headquarters, Trueblood Wealth Management has 0 offices, with 1 listed address in Ohio.
Ohio · 1 listed address
- 2651 Shawnee RD, LimaHQ
Contact and registration details
- Legal name
- Trueblood Wealth Management, LLC
- Headquarters
- 2651 Shawnee RD, Lima, OH 45806
- Website
- truebloodwealth.com
- Phone
- 419-812-2998
- SEC file
- 801-125794
- Founded
- 2022
- Structure
- Delaware LLC
- Fiscal year end
- December
Trueblood Wealth Management uses Raymond James ($449M) as custodian for its separately managed accounts. Trueblood Wealth Management has custody of $17M in client assets for 22 clients.
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $449M100%
At year end, Trueblood Wealth Management’s separately managed accounts were largely in stocks (41%) and funds (35%). Its reported 13F holdings for the quarter ended 30 June 2026 total $286M across 261 positions; the largest are JPMORGAN Chase & CO (4.7%), Apple Inc. (3.5%) and Caterpillar Inc. (2.1%).
What the accounts hold
- Stocks41%
- Exchange-traded equities40%
- Non-exchange-traded equities1%
- Funds35%
- Registered funds34%
- Pooled vehicles1%
- Bonds14%
- Investment grade corporate bonds8%
- State and local bonds4%
- U.S. government and agency bonds1%
- Sovereign bonds1%
- Cash9%
- Other1%
- Gnma series bonds1%
Reported 13F holdings
- $286M
- Reported 13F value
- 261
- Positions
- 21.9%
- In the 10 largest
- +12.0%
- Value vs. prior quarter
- JPMORGAN Chase & CO4.7%
- Apple Inc.3.5%
- Caterpillar Inc.2.1%
- Microsoft Corp.1.9%
- Invesco Exchange Traded FD T · S&P500 Eql Wgt1.9%
- First TR Exchange-traded FD · FT Vest Ris1.8%
- Nvidia Corporation1.8%
- Capital Group Gbl Growth EQT · Shs Creat Unit1.5%
- First TR Exchange Traded FD · Smid Risng ETF1.5%
- First TR Exchange-traded Alp · Com Shs1.4%
Together, the ten largest are 21.9% of reported value.
How many clients does Trueblood Wealth Management have?
Trueblood Wealth Management has 346 clients and manages $474 million for them, as of August 2026. They include 237 individual clients, 86 high-net-worth individuals, and 9 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 August 2026
What services does Trueblood Wealth Management offer?
Trueblood Wealth Management provides portfolio management for individuals and small businesses, pension consulting, selecting other managers, financial planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Trueblood Wealth Management charge?
Trueblood Wealth Management charges up to 1.50% a year for its Comprehensive Portfolio Management. The fee is billed in advance and is negotiable.
Source: FORM ADV PART 2A - FIRM BROCHURE, filed 25 August 2026
Which custodians does Trueblood Wealth Management use?
Trueblood Wealth Management’s separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $449M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 August 2026
How many financial advisors does Trueblood Wealth Management have?
Trueblood Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 0 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 Trueblood Wealth Management invest in?
At the end of its last fiscal year, Trueblood Wealth Management’s separately managed accounts held 40% exchange-traded equities, 34% registered funds (mutual funds, ETFs, BDCs), 9% cash and equivalents, 8% investment grade corporate bonds, 4% state and local bonds, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% sovereign bonds, 1% pooled vehicles (private funds and similar) and 1% other. The 1% other category is described as: Gnma Series Bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Trueblood Wealth Management?
Trueblood Wealth Management is owned through a holding company by Phillip Trueblood. Its direct owner is TPWM, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 August 2026
How does Trueblood Wealth Management get paid?
Trueblood Wealth Management 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 Trueblood Wealth Management?
Trueblood Wealth Management’s main office is at 2651 Shawnee RD, Lima, OH 45806. Its phone number is 419-812-2998. Its website is truebloodwealth.com.