{"url":"https://nivawealth.com/firms/truman-wealth-advisors-334752","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/334752","regulatoryAum":105980250,"crd":"334752","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6962299","suffix":null,"lastName":"HERNANDEZ HUERTA","firstName":"MARIA","middleName":"TERESA"},{"crd":"6926049","suffix":null,"lastName":"McCubbin","firstName":"Melinda","middleName":"Jean"},{"crd":"5841237","suffix":null,"lastName":"OSTHUS","firstName":"ELLEN","middleName":"KATHERINE"}],"total":3,"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":"2025-04-21","regulatoryAum":142124516,"clients":87,"employees":3,"offices":3},{"filedOn":"2026-03-27","regulatoryAum":105980250,"clients":98,"employees":3,"offices":3}],"secFileNumber":"801-132042","legalName":"Truman Wealth Advisors LLC","displayName":"Truman Wealth Advisors","slug":"truman-wealth-advisors-334752","website":"https://trumanwealthadvisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/334752/f2f1b5a8e1115c36-r1.webp","tone":"dark","width":909,"height":200,"sourceUrl":"https://www.trumanwealthadvisors.com","sourceLabel":"Truman Wealth Advisors, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/truman-wealth-advisors/","founded":null,"organization":"Missouri limited liability company","fiscalYearEnd":"December","headquarters":{"street":"411 N. 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College Avenue, Suite 201","city":"Columbia","headquarters":true}]},{"state":"Tennessee","offices":1,"addresses":[{"street":"3820 Charlotte Avenue","city":"Nashville"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"573-540-4788","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":91},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/334752/PDF/334752.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028163","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 Truman Wealth Advisors have?","answer":"Truman Wealth Advisors has 98 clients and manages $106 million for them, as of March 2026. They include 74 individual clients, 22 high-net-worth individuals and 1 charitable organization.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Truman Wealth Advisors offer?","answer":"Truman Wealth Advisors provides financial planning and portfolio management for individuals and small businesses.","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 Truman Wealth Advisors charge?","answer":"Truman Wealth Advisors charges up to 2.00% a year for its Investment Management Fee. The fee is negotiable.","source":"ADV PART 2A, filed 27 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Truman Wealth Advisors use?","answer":"Truman Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $80.3M and Vanguard Marketing Corporation (Malvern, PA), with $10.7M. 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 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Truman Wealth Advisors have?","answer":"Truman Wealth Advisors has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 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 Truman Wealth Advisors invest in?","answer":"At the end of its last fiscal year, Truman Wealth Advisors’ separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities and 4% cash and equivalents.","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 Truman Wealth Advisors?","answer":"Truman Wealth Advisors’ direct owner is Melinda McCubbin (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Truman Wealth Advisors get paid?","answer":"Truman Wealth Advisors 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Truman Wealth Advisors?","answer":"Truman Wealth Advisors’ main office is at 411 N. College Avenue, Suite 201, Columbia, MO 65201. Its phone number is 573-540-4788. Its website is trumanwealthadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 27 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."}