{
  "path": "/advisors/in/fee-only",
  "url": "https://advisorcensus.com/advisors/in/fee-only/page/4",
  "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": "Find financial advisors in Indiana who are paid only by client fees. 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, as of October 2026. Firms are listed alphabetically. Sort by years registered or by assets under management, and see how this page is built below.",
  "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": 4,
  "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": 132274,
      "name": "Timpe & Timpe Financial Advisory Services, L.L.C.",
      "name_as_filed": "TIMPE & TIMPE FINANCIAL ADVISORY SERVICES, L.L.C.",
      "url": "https://advisorcensus.com/firm/timpe-and-timpe-financial-advisory-services-l-l-c-zionsville-in-132274",
      "city": "Zionsville",
      "state": "IN",
      "years_registered": 14,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 291148,
      "name": "Titan Investment Management LLC",
      "name_as_filed": "TITAN INVESTMENT MANAGEMENT LLC",
      "url": "https://advisorcensus.com/firm/titan-investment-management-llc-indianapolis-in-291148",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 0,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 333452,
      "name": "True North Wealth",
      "name_as_filed": "TRUE NORTH WEALTH",
      "url": "https://advisorcensus.com/firm/true-north-wealth-parker-city-in-333452",
      "city": "Parker City",
      "state": "IN",
      "years_registered": 1,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 305312,
      "name": "True Wealth Stewards",
      "name_as_filed": "TRUE WEALTH STEWARDS",
      "url": "https://advisorcensus.com/firm/true-wealth-stewards-carmel-in-305312",
      "city": "Carmel",
      "state": "IN",
      "years_registered": 7,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 324802,
      "name": "Truell Financial LLC",
      "name_as_filed": "TRUELL FINANCIAL LLC",
      "url": "https://advisorcensus.com/firm/truell-financial-llc-324802",
      "city": null,
      "state": null,
      "years_registered": 3,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 152256,
      "name": "Turtair Capital Advisors",
      "name_as_filed": "TURTAIR CAPITAL ADVISORS",
      "url": "https://advisorcensus.com/firm/turtair-capital-advisors-carmel-in-152256",
      "city": "Carmel",
      "state": "IN",
      "years_registered": 13,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 318453,
      "name": "USA First Financial",
      "name_as_filed": "USA FIRST FINANCIAL",
      "url": "https://advisorcensus.com/firm/usa-first-financial-indianapolis-in-318453",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 0,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 290772,
      "name": "Vaal Financial, LLC",
      "name_as_filed": "VAAL FINANCIAL, LLC",
      "url": "https://advisorcensus.com/firm/vaal-financial-llc-290772",
      "city": null,
      "state": null,
      "years_registered": 8,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 330269,
      "name": "Valentine Wealth Management",
      "name_as_filed": "VALENTINE WEALTH MANAGEMENT",
      "url": "https://advisorcensus.com/firm/valentine-wealth-management-seymour-in-330269",
      "city": "Seymour",
      "state": "IN",
      "years_registered": 2,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 166558,
      "name": "Valor Investment Management",
      "name_as_filed": "VALOR INVESTMENT MANAGEMENT",
      "url": "https://advisorcensus.com/firm/valor-investment-management-166558",
      "city": null,
      "state": null,
      "years_registered": 13,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 107932,
      "name": "Wabash Capital, Inc.",
      "name_as_filed": "WABASH CAPITAL, INC.",
      "url": "https://advisorcensus.com/firm/wabash-capital-inc-terre-haute-in-107932",
      "city": "Terre Haute",
      "state": "IN",
      "years_registered": 27,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 154007,
      "name": "Wagner Wealth Management LLC",
      "name_as_filed": "WAGNER WEALTH MANAGEMENT LLC",
      "url": "https://advisorcensus.com/firm/wagner-wealth-management-llc-154007",
      "city": null,
      "state": null,
      "years_registered": 16,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 143360,
      "name": "Wallington Asset Management",
      "name_as_filed": "WALLINGTON ASSET MANAGEMENT",
      "url": "https://advisorcensus.com/firm/wallington-asset-management-indianapolis-in-143360",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 19,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 122628,
      "name": "Walsh Advisors",
      "name_as_filed": "WALSH ADVISORS",
      "url": "https://advisorcensus.com/firm/walsh-advisors-crown-point-in-122628",
      "city": "Crown Point",
      "state": "IN",
      "years_registered": 25,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "subscription"
      ],
      "enhanced": false
    },
    {
      "crd_number": 104838,
      "name": "Walter Keenan Wealth Management",
      "name_as_filed": "WALTER KEENAN WEALTH MANAGEMENT",
      "url": "https://advisorcensus.com/firm/walter-keenan-wealth-management-south-bend-in-104838",
      "city": "South Bend",
      "state": "IN",
      "years_registered": 41,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 122050,
      "name": "Wealth Advisors Group",
      "name_as_filed": "WEALTH ADVISORS GROUP",
      "url": "https://advisorcensus.com/firm/wealth-advisors-group-fort-wayne-in-122050",
      "city": "Fort Wayne",
      "state": "IN",
      "years_registered": 17,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 329822,
      "name": "Wealthguides LLC",
      "name_as_filed": "WEALTHGUIDES LLC",
      "url": "https://advisorcensus.com/firm/wealthguides-llc-indianapolis-in-329822",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 0,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 339786,
      "name": "Whicker Wealth Management, LLC",
      "name_as_filed": "WHICKER WEALTH MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/whicker-wealth-management-llc-clayton-in-339786",
      "city": "Clayton",
      "state": "IN",
      "years_registered": 0,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 107660,
      "name": "Woodley Farra",
      "name_as_filed": "WOODLEY FARRA",
      "url": "https://advisorcensus.com/firm/woodley-farra-indianapolis-in-107660",
      "city": "Indianapolis",
      "state": "IN",
      "years_registered": 30,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 281159,
      "name": "WWA Planning & Investments",
      "name_as_filed": "WWA PLANNING & INVESTMENTS",
      "url": "https://advisorcensus.com/firm/wwa-planning-and-investments-columbus-in-281159",
      "city": "Columbus",
      "state": "IN",
      "years_registered": 10,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 304045,
      "name": "ZYC Investment LLC",
      "name_as_filed": "ZYC INVESTMENT LLC",
      "url": "https://advisorcensus.com/firm/zyc-investment-llc-304045",
      "city": null,
      "state": null,
      "years_registered": 7,
      "raum_band": "not_reported",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    }
  ],
  "states": [],
  "metros": [],
  "siblings": {
    "national": "/advisors",
    "state": {
      "path": "/advisors/in",
      "label": "Financial advisors in Indiana"
    },
    "fee_pages": [
      {
        "path": "/advisors/in/flat-fee",
        "label": "Flat-fee financial advisors in Indiana",
        "firm_count": 242
      },
      {
        "path": "/advisors/in/hourly",
        "label": "Hourly financial advisors in Indiana",
        "firm_count": 218
      }
    ],
    "metro_fee_pages": [
      {
        "path": "/advisors/in/indianapolis/fee-only",
        "firm_count": 68,
        "label": "Fee-only financial advisors in Indianapolis, IN"
      },
      {
        "path": "/advisors/in/fort-wayne/fee-only",
        "firm_count": 11,
        "label": "Fee-only financial advisors in Fort Wayne, IN"
      },
      {
        "path": "/advisors/in/columbus/fee-only",
        "firm_count": 5,
        "label": "Fee-only financial advisors in Columbus, IN"
      },
      {
        "path": "/advisors/in/evansville/fee-only",
        "firm_count": 5,
        "label": "Fee-only financial advisors in Evansville, IN"
      },
      {
        "path": "/advisors/in/south-bend/fee-only",
        "firm_count": 5,
        "label": "Fee-only financial advisors in South Bend, IN"
      },
      {
        "path": "/advisors/in/lafayette/fee-only",
        "firm_count": 3,
        "label": "Fee-only financial advisors in Lafayette, IN"
      },
      {
        "path": "/advisors/in/bloomington/fee-only",
        "firm_count": 2,
        "label": "Fee-only financial advisors in Bloomington, IN"
      },
      {
        "path": "/advisors/in/terre-haute/fee-only",
        "firm_count": 2,
        "label": "Fee-only financial advisors in Terre Haute, IN"
      },
      {
        "path": "/advisors/in/elkhart/fee-only",
        "firm_count": 1,
        "label": "Fee-only financial advisors in Elkhart, IN"
      }
    ]
  },
  "csv": null,
  "source": {
    "name": "Form ADV",
    "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"
  }
}