{
  "path": "/advisors/in/fee-only",
  "url": "https://advisorcensus.com/advisors/in/fee-only",
  "page_type": "state_fee",
  "title": "Fee-only financial advisors in Indiana",
  "filters": {},
  "scope_total": 171,
  "faq": [
    {
      "q": "How many financial advisory firms are there in Indiana?",
      "a": "AdvisorCensus lists 417 investment advisory firms with a principal office in Indiana, from Form ADV filings as of October 2026: 153 SEC-registered, 243 state-registered, and 21 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV."
    },
    {
      "q": "How many fee-only financial advisors are in Indiana?",
      "a": "171 of the 417 firms meet AdvisorCensus's fee-only test: paid only by a percentage of assets, hourly charges, fixed fees, or subscription fees on Form ADV Item 5.E (no commissions, performance-based fees, or other compensation), with no sales-related compensation ties in the same filing: no employee registered with a broker-dealer or licensed as an insurance agent (Item 5.B), no brokerage, insurance, real estate, or other product sales business (Item 6.A), no related broker-dealer, insurance company, real estate broker, or futures commission merchant (Item 7.A), and no referral fees from others or other sales interest (Item 8). Form ADV has no fee-only box, so this is derived from the filing; it is not a fee-only certification, and a firm's own page lists its compensation arrangements as filed."
    },
    {
      "q": "How many financial advisors in Indiana offer financial planning?",
      "a": "295 of the 396 firms in Indiana that answer Form ADV Item 5.G, which asks what advisory services a firm provides, report financial planning services, as of October 2026. Exempt reporting advisers do not answer Item 5.G. Each firm page lists every advisory service the firm reports."
    },
    {
      "q": "Are the financial advisors in Indiana fiduciaries?",
      "a": "Every firm on this page is an investment adviser that files Form ADV, and an investment adviser owes its clients a fiduciary duty under federal law, made up of a duty of care and a duty of loyalty: it must act in the client's best interest and not put its own interests ahead of the client's, and must eliminate its conflicts of interest or disclose them fully and fairly. Form ADV has no fiduciary box because the duty comes with being an investment adviser. The duty covers the firm's advice; a firm or its people may also sell securities through a broker-dealer or insurance as licensed agents, roles held to other standards. The 171 firms that meet AdvisorCensus's fee-only test report none of those sales ties."
    },
    {
      "q": "How do I check whether a financial advisor has disciplinary disclosures?",
      "a": "Each firm page shows how many Form ADV Item 11 disciplinary questions the firm answered yes and links to the firm's record on the SEC's Investment Adviser Public Disclosure site (adviserinfo.sec.gov), where the detail of each disclosure is public. Individual advisers' records are on the same site and on FINRA BrokerCheck."
    },
    {
      "q": "Does AdvisorCensus rate, verify, or recommend these firms?",
      "a": "No. The directory shows what each firm filed, in alphabetical order unless you choose another sort, and no firm's position depends on payment. Firms that claim their page can add a description and links, marked as provided by the firm; the filed facts are never changed by that content."
    },
    {
      "q": "What does regulatory assets under management mean?",
      "a": "Regulatory assets under management (RAUM) is the figure a firm reports on Form ADV Item 5.F: the securities portfolios it provides continuous and regular supervisory or management services for, at market value, including assets managed without discretion. It measures scale, not performance or quality."
    }
  ],
  "period": "2026-10-01",
  "answer_paragraph": "AdvisorCensus lists 171 investment advisory firms with a principal office in Indiana that meet AdvisorCensus's fee-only test: paid only by client fees on Form ADV Item 5.E, with no employee registered with a broker-dealer or licensed as an insurance agent, no brokerage, insurance, or real estate sales business or related company, and no referral fees from others, drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; sort by years registered or assets band using the controls below, and read the methodology block for how this page is derived.",
  "about_market": null,
  "citation": "AdvisorCensus. Fee-only financial advisors in Indiana: 171 firms from Form ADV filings as of October 2026.",
  "total_firms": 171,
  "page": 1,
  "total_pages": 4,
  "sort": "name",
  "registration_types": {
    "sec": 55,
    "state": 116,
    "exempt": 0
  },
  "fee_model_mix": [
    {
      "code": "fee-only",
      "count": 171
    },
    {
      "code": "percentage_of_aum",
      "count": 152
    },
    {
      "code": "hourly",
      "count": 89
    },
    {
      "code": "subscription",
      "count": 3
    },
    {
      "code": "fixed",
      "count": 101
    },
    {
      "code": "commissions",
      "count": 0
    },
    {
      "code": "performance_based",
      "count": 0
    },
    {
      "code": "other",
      "count": 0
    },
    {
      "code": "not_reported",
      "count": 0
    }
  ],
  "years_registered_distribution": [
    {
      "code": "under_5",
      "count": 61
    },
    {
      "code": "5_to_9",
      "count": 26
    },
    {
      "code": "10_to_19",
      "count": 44
    },
    {
      "code": "20_plus",
      "count": 40
    },
    {
      "code": "not_reported",
      "count": 0
    }
  ],
  "raum_band_distribution": [
    {
      "code": "under_25m",
      "count": 62
    },
    {
      "code": "25m_100m",
      "count": 39
    },
    {
      "code": "100m_500m",
      "count": 33
    },
    {
      "code": "500m_1b",
      "count": 13
    },
    {
      "code": "1b_5b",
      "count": 8
    },
    {
      "code": "over_5b",
      "count": 1
    },
    {
      "code": "not_reported",
      "count": 15
    }
  ],
  "firms": [
    {
      "crd_number": 331301,
      "name": "3FOURTEEN & SMI Advisory Services, LLC",
      "name_as_filed": "3FOURTEEN & SMI ADVISORY SERVICES, LLC",
      "url": "https://advisorcensus.com/firm/3fourteen-and-smi-advisory-services-llc-columbus-in-331301",
      "city": "Columbus",
      "state": "IN",
      "years_registered": 2,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 164651,
      "name": "AFP Group, LLC",
      "name_as_filed": "AFP GROUP, LLC",
      "url": "https://advisorcensus.com/firm/afp-group-llc-164651",
      "city": null,
      "state": null,
      "years_registered": 14,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 122360,
      "name": "Aldebaran Capital, LLC",
      "name_as_filed": "ALDEBARAN CAPITAL, LLC",
      "url": "https://advisorcensus.com/firm/aldebaran-capital-llc-carmel-in-122360",
      "city": "Carmel",
      "state": "IN",
      "years_registered": 5,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 106321,
      "name": "AMI Investment Management Inc",
      "name_as_filed": "AMI INVESTMENT MANAGEMENT INC",
      "url": "https://advisorcensus.com/firm/ami-investment-management-inc-kendallville-in-106321",
      "city": "Kendallville",
      "state": "IN",
      "years_registered": 31,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 122236,
      "name": "Anweiler Financial Management, LLC",
      "name_as_filed": "ANWEILER FINANCIAL MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/anweiler-financial-management-llc-new-haven-in-122236",
      "city": "New Haven",
      "state": "IN",
      "years_registered": 27,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 331123,
      "name": "Arena Wealth Advisors LLC",
      "name_as_filed": "ARENA WEALTH ADVISORS LLC",
      "url": "https://advisorcensus.com/firm/arena-wealth-advisors-llc-jeffersonville-in-331123",
      "city": "Jeffersonville",
      "state": "IN",
      "years_registered": 2,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 326631,
      "name": "Arena Wealth Management LLC",
      "name_as_filed": "ARENA WEALTH MANAGEMENT LLC",
      "url": "https://advisorcensus.com/firm/arena-wealth-management-llc-fort-wayne-in-326631",
      "city": "Fort Wayne",
      "state": "IN",
      "years_registered": 3,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 114311,
      "name": "Avalon Wealth Advisory, Inc.",
      "name_as_filed": "AVALON WEALTH ADVISORY, INC.",
      "url": "https://advisorcensus.com/firm/avalon-wealth-advisory-inc-indianapolis-in-114311",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 27,
      "raum_band": "not_reported",
      "compensation_types": [
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 116965,
      "name": "Aydt Investment Management, Inc.",
      "name_as_filed": "AYDT INVESTMENT MANAGEMENT, INC.",
      "url": "https://advisorcensus.com/firm/aydt-investment-management-inc-evansville-in-116965",
      "city": "Evansville",
      "state": "IN",
      "years_registered": 29,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 170825,
      "name": "Bassett Financial Advisors",
      "name_as_filed": "BASSETT FINANCIAL ADVISORS",
      "url": "https://advisorcensus.com/firm/bassett-financial-advisors-fort-wayne-in-170825",
      "city": "Fort Wayne",
      "state": "IN",
      "years_registered": 12,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 105123,
      "name": "Baxter Capital Management Inc",
      "name_as_filed": "BAXTER CAPITAL MANAGEMENT INC",
      "url": "https://advisorcensus.com/firm/baxter-capital-management-inc-indianapolis-in-105123",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 47,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 340096,
      "name": "Beacon Financial Planning",
      "name_as_filed": "BEACON FINANCIAL PLANNING",
      "url": "https://advisorcensus.com/firm/beacon-financial-planning-340096",
      "city": null,
      "state": null,
      "years_registered": 0,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 105653,
      "name": "Bedel Financial Consulting Inc",
      "name_as_filed": "BEDEL FINANCIAL CONSULTING INC",
      "url": "https://advisorcensus.com/firm/bedel-financial-consulting-inc-indianapolis-in-105653",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 37,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 334845,
      "name": "Best Case Financial",
      "name_as_filed": "BEST CASE FINANCIAL",
      "url": "https://advisorcensus.com/firm/best-case-financial-greencastle-in-334845",
      "city": "Greencastle",
      "state": "IN",
      "years_registered": 1,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 139859,
      "name": "Blackwood Investment Group, LLC",
      "name_as_filed": "BLACKWOOD INVESTMENT GROUP, LLC",
      "url": "https://advisorcensus.com/firm/blackwood-investment-group-llc-indianapolis-in-139859",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 20,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 316053,
      "name": "Blend Wealth",
      "name_as_filed": "BLEND WEALTH",
      "url": "https://advisorcensus.com/firm/blend-wealth-indianapolis-in-316053",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 5,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 120895,
      "name": "Bowers Capital Management",
      "name_as_filed": "BOWERS CAPITAL MANAGEMENT",
      "url": "https://advisorcensus.com/firm/bowers-capital-management-georgetown-in-120895",
      "city": "Georgetown",
      "state": "IN",
      "years_registered": 21,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 150936,
      "name": "Brightstone Advisors LLP",
      "name_as_filed": "BRIGHTSTONE ADVISORS LLP",
      "url": "https://advisorcensus.com/firm/brightstone-advisors-llp-fishers-in-150936",
      "city": "Fishers",
      "state": "IN",
      "years_registered": 17,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 130367,
      "name": "Brooks Investment Advisory Service",
      "name_as_filed": "BROOKS INVESTMENT ADVISORY SERVICE",
      "url": "https://advisorcensus.com/firm/brooks-investment-advisory-service-130367",
      "city": null,
      "state": null,
      "years_registered": 13,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 334890,
      "name": "CAE Investment Advisory, LLC",
      "name_as_filed": "CAE INVESTMENT ADVISORY, LLC",
      "url": "https://advisorcensus.com/firm/cae-investment-advisory-llc-lafayette-in-334890",
      "city": "Lafayette",
      "state": "IN",
      "years_registered": 1,
      "raum_band": "not_reported",
      "compensation_types": [
        "subscription",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 336169,
      "name": "Caird Family Wealth Management",
      "name_as_filed": "CAIRD FAMILY WEALTH MANAGEMENT",
      "url": "https://advisorcensus.com/firm/caird-family-wealth-management-336169",
      "city": null,
      "state": null,
      "years_registered": 1,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 125680,
      "name": "Canterbury Investment Management, LLC",
      "name_as_filed": "CANTERBURY INVESTMENT MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/canterbury-investment-management-llc-zionsville-in-125680",
      "city": "Zionsville",
      "state": "IN",
      "years_registered": 23,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 122916,
      "name": "Capital Cities, LLC",
      "name_as_filed": "CAPITAL CITIES, LLC",
      "url": "https://advisorcensus.com/firm/capital-cities-llc-indianapolis-in-122916",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 18,
      "raum_band": "not_reported",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 121704,
      "name": "Capital Strategies, Inc.",
      "name_as_filed": "CAPITAL STRATEGIES, INC.",
      "url": "https://advisorcensus.com/firm/capital-strategies-inc-indianapolis-in-121704",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 28,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 122357,
      "name": "Capstone Wealth Advisors,inc.",
      "name_as_filed": "CAPSTONE WEALTH ADVISORS,INC.",
      "url": "https://advisorcensus.com/firm/capstone-wealth-advisors-inc-indianpolis-in-122357",
      "city": "Indianpolis",
      "state": "IN",
      "years_registered": 14,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 300078,
      "name": "Catalyze Wealth Management",
      "name_as_filed": "CATALYZE WEALTH MANAGEMENT",
      "url": "https://advisorcensus.com/firm/catalyze-wealth-management-carmel-in-300078",
      "city": "Carmel",
      "state": "IN",
      "years_registered": 7,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 108351,
      "name": "CFG Wealth Management Services Inc",
      "name_as_filed": "CFG WEALTH MANAGEMENT SERVICES INC",
      "url": "https://advisorcensus.com/firm/cfg-wealth-management-services-inc-indianapolis-in-108351",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 0,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 311905,
      "name": "Clarity Financial Organization, LLC",
      "name_as_filed": "CLARITY FINANCIAL ORGANIZATION, LLC",
      "url": "https://advisorcensus.com/firm/clarity-financial-organization-llc-boonville-in-311905",
      "city": "Boonville",
      "state": "IN",
      "years_registered": 5,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 301195,
      "name": "Clinton Burch Financial Planning",
      "name_as_filed": "CLINTON BURCH FINANCIAL PLANNING",
      "url": "https://advisorcensus.com/firm/clinton-burch-financial-planning-301195",
      "city": null,
      "state": null,
      "years_registered": 7,
      "raum_band": "not_reported",
      "compensation_types": [
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 127388,
      "name": "CRF Financial Group",
      "name_as_filed": "CRF FINANCIAL GROUP",
      "url": "https://advisorcensus.com/firm/crf-financial-group-indianapolis-in-127388",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 15,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 165388,
      "name": "CWM Wealth Management, LLC",
      "name_as_filed": "CWM WEALTH MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/cwm-wealth-management-llc-165388",
      "city": null,
      "state": null,
      "years_registered": 0,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 292627,
      "name": "CX Institutional, LLC",
      "name_as_filed": "CX INSTITUTIONAL, LLC",
      "url": "https://advisorcensus.com/firm/cx-institutional-llc-auburn-in-292627",
      "city": "Auburn",
      "state": "IN",
      "years_registered": 8,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 301321,
      "name": "CXI Advisors, LLC",
      "name_as_filed": "CXI ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/cxi-advisors-llc-auburn-in-301321",
      "city": "Auburn",
      "state": "IN",
      "years_registered": 7,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 104964,
      "name": "Deerfield",
      "name_as_filed": "DEERFIELD",
      "url": "https://advisorcensus.com/firm/deerfield-indianapolis-in-104964",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 41,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 174935,
      "name": "DEL Principe O'Brien Financial Advisors",
      "name_as_filed": "DEL PRINCIPE O'BRIEN FINANCIAL ADVISORS",
      "url": "https://advisorcensus.com/firm/del-principe-o-brien-financial-advisors-indianapolis-in-174935",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 11,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 298335,
      "name": "Dentvest LLC",
      "name_as_filed": "DENTVEST LLC",
      "url": "https://advisorcensus.com/firm/dentvest-llc-298335",
      "city": null,
      "state": null,
      "years_registered": 8,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 122060,
      "name": "Devotion Capital Management",
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  "csv": null,
  "source": {
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    "as_of": "2026-10-01",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
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}
