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- Custodian
- Charles Schwab & Company · Fidelity/NFS · Vanguard
- Clients
- Retail and Institutional
- Platforms
- Available in AdvizorPro
- Established Date
- 09-27-1999
- Office Locations
- 4
Office Locations
About Index Fund Advisors, Inc.
Index Fund Advisors, Inc. (IFA) is an RIA focused on passive, evidence-based index investing, pairing a risk-capacity survey with model index portfolios implemented using index mutual funds and ETFs. The firm serves retail and institutional investors with ongoing wealth-advisor guidance and commonly works with custodians such as Schwab and Fidelity. Founder/CEO Mark T. Hebner authored “Index Funds: The 12-Step Recovery Program for Active Investors.”
Reported data analysis
What the numbers show
Between October 8, 2025 and March 25, 2026, reported AUM increased 11.3%, from $5.3B to $5.9B.
Across 5 reported observations, AUM increased 20.1% between April 14, 2022 and March 25, 2026, from $4.9B to $5.9B.
Of the latest reported AUM, 100.0% is discretionary and 0.0% is non-discretionary.
The firm reports 30 advisory representatives and 2,159 clients, or 72 clients per representative. That equates to $2.7M in reported AUM per client.
The profile lists 4 reported office locations and 26 years in operation. The source data was last updated on March 25, 2026. Figures reflect reported regulatory data and may not include subsequent changes.
Team overview
Additional firm insights
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Available data coverage
- Asset Classes
- Client Personas
- Custodian
- Fund Managers
- Investment Themes
- Investment Vehicles
- Platform
- Services
- Technology
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The full Index Fund Advisors, Inc. record includes the detailed values behind these data categories, along with filters and export-ready prospecting fields.
Owner & Executives
MARK THOMAS HEBNER
Chief Executive Officer, Founder
- CRD
- #4371910
- Ownership
- 75% or more
TREVOR ALEXANDER KENSEY
Co-Chief Compliance Officer
- CRD
- --
- Ownership
- Less than 5%
Showing 2 of 5 owners & executives
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SHAREEN MARIE BALKEY
Director of Retirement Services
- CRD
- #2197481
Elizabeth Marie Brunson
Associate Wealth Advisor
- CRD
- #8082399
Showing 2 of 20 contacts
Unlock allAssets Under Management
| Category | Assets | AVG. Account size |
|---|---|---|
| Discretionary | $5,929,710,382 | $889,812 |
| Non-Discretionary | $0 | -- |
| Total | $5,929,710,382 | $889,812 |
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Separately Managed Accounts
SMA allocation detail is available
Index Fund Advisors, Inc. has reported separately managed account data across 4 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.
13F Holdings | Q2 2026
Review the latest reported holdings
Index Fund Advisors, Inc.'s 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.
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