This is a profile preview from the AdvizorPro Platform.
Request a Free TrialFirm Details
- Custodian
- Fidelity/NFS
- Clients
- Retail and Institutional
- Platforms
- Available in AdvizorPro
- Established Date
- 03-04-2010
- Office Locations
- 1
Office Locations
About Independent Wealth Management, LLC
Independent Wealth Management (Traverse City, MI) is a fee-only, independent RIA providing fiduciary financial planning and portfolio management, with a focus on clients approaching retirement. All partners are CFP professionals with 20+ years’ experience and emphasize objective, unbiased advice. Portfolios commonly use mutual funds and ETFs (including via Fidelity/NFS custody). Partner Jay Berger has been quoted in outlets like WSJ, Barron’s, and Bloomberg.
Reported data analysis
What the numbers show
Between January 29, 2025 and May 21, 2026, reported AUM increased 15.8%, from $175.4M to $203.0M.
Across 5 reported observations, AUM increased 32.6% between November 8, 2022 and May 21, 2026, from $153.1M to $203.0M.
Of the latest reported AUM, 90.5% is discretionary and 9.5% is non-discretionary.
The firm reports 3 advisory representatives and 186 clients, or 62 clients per representative. That equates to $1.1M in reported AUM per client.
The profile lists 1 reported office location and 16 years in operation. The source data was last updated on May 21, 2026. Figures reflect reported regulatory data and may not include subsequent changes.
Team overview
Additional firm insights
Explore the complete firm intelligence record
AdvizorPro subscribers can review Independent Wealth Management, LLC's detailed market signals, platform relationships, investment themes, and prospecting intelligence in one place.
Available data coverage
- Asset Classes
- Custodian
- Industry Interests
- Investment Themes
- Investment Vehicles
- Platform
- Services
- Technology
Unlock the underlying categories and values
The full Independent Wealth Management, LLC record includes the detailed values behind these data categories, along with filters and export-ready prospecting fields.
Owner & Executives
JAY BRANT BERGER
Certified Financial Planner
- CRD
- #2433529
- Ownership
- 25% but less than 50%
STEPHEN MICHAEL FISHER
Certified Financial Planner, Managing Member
- CRD
- #2910130
- Ownership
- 25% but less than 50%
Showing 2 of 3 owners & executives
Unlock allContacts
No contact records available.
Showing 0 of 3 contacts
Unlock allAssets Under Management
| Category | Assets | AVG. Account size |
|---|---|---|
| Discretionary | $183,700,370 | $365,209 |
| Non-Discretionary | $19,305,772 | $2,757,967 |
| Total | $203,006,142 | $398,051 |
Want deeper insight
into 45,000+ RIAs?
What you're seeing here is just the starting point.
Separately Managed Accounts
SMA allocation detail is available
Independent Wealth Management, LLC has reported separately managed account data across 5 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.