Truepoint provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 1,500 clients last fiscal year.
Truepoint reports 1,934 clients. They include 1,006 high-net-worth individuals, 861 individual clients, and 44 pension and profit-sharing plans. Of its assets, 98.8% ($6.32B across 8,804 accounts) are managed with discretion; $73.6M across 839 accounts are not. A wrap fee program the firm both sponsors and manages holds $152M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 3% |
| High-net-worth individuals | 52% | 89% |
| Pension and profit-sharing plans | 2% | 3% |
| Charitable organizations | 1% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 861 | $218M | 3.4% | $253K |
| High-net-worth individuals | 1,006 | $5.72B | 89.4% | $5.68M |
| Pension and profit-sharing plans | 44 | $212M | 3.3% | $4.83M |
| Charitable organizations | 23 | $246M | 3.9% | $10.7M |
| Total | 1,934 | $6.39B | 100% | $3.31M |
- Clients
- 861
- Regulatory AUM
- $218M
- AUM share
- 3.4%
- Avg. per client
- $253K
- Clients
- 1,006
- Regulatory AUM
- $5.72B
- AUM share
- 89.4%
- Avg. per client
- $5.68M
- Clients
- 44
- Regulatory AUM
- $212M
- AUM share
- 3.3%
- Avg. per client
- $4.83M
- Clients
- 23
- Regulatory AUM
- $246M
- AUM share
- 3.9%
- Avg. per client
- $10.7M
Total
- Clients
- 1,934
- Regulatory AUM
- $6.39B
- AUM share
- 100%
- Avg. per client
- $3.31M
- 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
- 1500
Truepoint charges 0.45%–1.00% a year for its Wealth Management. Each asset band is charged at its own rate. The fee is billed in arrears and has a $30,000 annual minimum. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$3M | 1.00% |
| $3M–$5M | 0.75% |
| $5M–$10M | 0.60% |
| $10M and above | 0.45% |
Fee details and sources
Other fees
- Bill payment and reporting
- Bill supervision and expense management reporting is priced under a separate agreement and varies with complexity; no rate is stated.
- Estate administration
- Estate administration services carry a one-time fee of $2,500, with additional fees under a separate agreement for more complex cases.
Steven Condon is CEO; the leadership team includes Chief Compliance Officer James Hadaway. It has 103 employees, 37 of them in advisory roles.
Staff
- 103 employees
- 37 in advisory functions
- 37 state-registered reps
- 1 soliciting firm
- Owns 10% to 25% of Truepoint, Inc.
Michael Chasnoff
since August 1990
- Owns 10% to 25% of Truepoint, Inc.
Steven Condon
Control person · since January 2007
- Owns 5% to 10% of Truepoint, Inc.
John Evans
since January 2007
- Owns 5% to 10% of Truepoint, Inc.
Scott Keller
Control person · since January 2018
Truepoint’s regulatory assets grew 1.7× from $3.86B (May 2021) to $6.39B (August 2026); clients rose from 1,445 to 1,934 and employees from 68 to 103.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $6.39B | 1,934 | 103 | 4 |
| Jul 2025July 2025 | $5.39B | 1,848 | 95 | 5 |
| Mar 2024March 2024 | $4.94B | 1,807 | 93 | 4 |
| Mar 2023March 2023 | $4.21B | 1,750 | 81 | 3 |
| Mar 2022March 2022 | $4.64B | 1,601 | 75 | 3 |
| May 2021May 2021 | $3.86B | 1,445 | 68 | 3 |
Besides its headquarters, Truepoint has 3 offices (3 private residences, listed without an address), with 1 listed address in 1 state.
Ohio · 1 listed address
- 9999 Carver Road, Suite 200, CincinnatiHQ
Other business names
Truepoint has reported 3 other business names to the SEC.
- Commas
- Truepoint Institutional Advisors, LLC
- Truepoint Wealth Counsel, LLC
Contact and registration details
- Legal name
- Truepoint, Inc.
- Headquarters
- 9999 Carver Road, Suite 200, Cincinnati, OH 45242
- Website
- truepointwealth.com
- Phone
- 513-792-6648
- @truepointwealth
- SEC file
- 801-25433
- Structure
- Ohio corporation
- Fiscal year end
- December
Truepoint’s named custodian for separately managed accounts is Fidelity ($5.52B). Truepoint has custody of $1.77B for 890 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $5.52B100%
At year end, Truepoint’s separately managed accounts were mostly in stocks (72%) and funds (25%). Its reported 13F holdings for the quarter ended 30 June 2026 total $4.79B across 160 positions; the largest are Vanguard BD Index Fds (12.1%), Dimensional ETF Trust (11.9%) and iShares TR (10.5%).
What the accounts hold
- Stocks72%
- Funds25%
- Cash3%
How many clients does Truepoint have?
Truepoint has 1,934 clients and manages $6.39 billion for them, as of August 2026. They include 1,006 high-net-worth individuals, 861 individual clients, and 44 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 August 2026
What services does Truepoint offer?
Truepoint provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Truepoint charge?
Truepoint charges 0.45%–1.00% a year for its Wealth Management. Each asset band is charged at its own rate. The fee is billed in arrears and has a $30,000 annual minimum.
Source: TRUEPOINT WEALTH - ADV PART 2A, filed 31 August 2026
Which custodians does Truepoint use?
Truepoint’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $5.52B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 August 2026
How many financial advisors does Truepoint have?
Truepoint has 37 investment adviser representatives registered with state securities authorities, out of 103 employees, and 37 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 Truepoint invest in?
At the end of its last fiscal year, Truepoint’s separately managed accounts held 72% exchange-traded equities, 25% registered funds (mutual funds, ETFs, BDCs) and 3% 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 Truepoint?
Truepoint’s direct owners are Michael Chasnoff, John Evans, Steven Condon and Scott Keller, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 31 August 2026
How does Truepoint get paid?
Truepoint is paid through a percentage of assets under management 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 Truepoint?
Truepoint’s main office is at 9999 Carver Road, Suite 200, Cincinnati, OH 45242. Its phone number is 513-792-6648. Its website is truepointwealth.com.
