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Independent Wealth Management, LLC

Independent Wealth Management, LLC. CRD 124242

Independent Wealth Management, LLC logo

CRD: 124242

Independent Wealth Management, LLC

$203.0M Total AUM
$183.7M Disc. AUM
12.0% 3Y CAGR
3 Employees
186 ADV. Clients
16 yrs Firm Age

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Firm Details

Custodian
Betterment · Fidelity/NFS
Clients
Retail and Institutional
Platforms
Available
Established Date
03-04-2010
Office Locations
1

Office Locations

236 1/2 E. Front ST Traverse City MI

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.

Team overview

61 AVG AGE
$67.7M AVG AUM / ADVISOR
$1.1M AVG AUM / CLIENT
15.5 yrs AVG TENURE
3 Employees
3 Advisory Reps
3 RIA Reps
16yrs Firm Age

Insights

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Asset Classes

Available

Custodian

Available

Investment Themes

Available

Investment Vehicles

Available

Platform

Available

Services

Available

Technology

Available

Owner & Executives

JAY BRANT BERGER

JAY BRANT BERGER

Certified Financial Planner

CRD
#2433529
Ownership
25% but less than 50%
Available
Available
Available
S

STEPHEN MICHAEL FISHER

Certified Financial Planner, Managing Member

CRD
#2910130
Ownership
25% but less than 50%
Available
Available
Available

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
11-08-2022
01-16-2023
09-05-2024
01-29-2025
05-21-2026
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

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Separately Managed Accounts

Total SMA Asset: Available

Locked Total SMA
Public Funds:
Available
Equity - Exchange:
Available
Cash:
Available
U.S. Government/Agency:
Available
Municipal Bonds:
Available
Asset class Assets Assets %
Public Funds Available Available
Equity - Exchange Available Available
Cash Available Available
U.S. Government/Agency Available Available
Municipal Bonds Available Available
Total Available Available

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