# Despain Investment Solutions, Ltd.

> Despain Investment Solutions, Ltd. is a state-registered investment advisory firm in Collinsville, IL, registered since 1995, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated September 16, 2026.

- CRD: 122581
- Filed as: DESPAIN INVESTMENT SOLUTIONS, LTD.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Collinsville, IL
- Filing period: October 2026
- Form ADV filing dated: September 16, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/122581
- AdvisorCensus page: https://advisorcensus.com/firm/despain-investment-solutions-ltd-collinsville-il-122581

## Quick answers

**How is Despain Investment Solutions, Ltd. compensated?**
On its Form ADV (Item 5.E, October 2026), Despain Investment Solutions, Ltd. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Despain Investment Solutions, Ltd. located?**
Despain Investment Solutions, Ltd.'s principal office is in Collinsville, IL, according to its Form ADV.

**Is Despain Investment Solutions, Ltd. registered with the SEC or a state?**
Despain Investment Solutions, Ltd. is a state-registered investment advisory firm, registered since 1995. Status as filed: APPROVED. CRD 122581.

**How much does Despain Investment Solutions, Ltd. manage?**
Despain Investment Solutions, Ltd. reports $29,000,000 in regulatory assets under management in its Form ADV filing dated September 16, 2026 (0% discretionary).

**What types of clients does Despain Investment Solutions, Ltd. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (75).

**Does Despain Investment Solutions, Ltd. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/122581

**What changed in Despain Investment Solutions, Ltd.'s recent Form ADV filings?**
In the October 2026 filing data: Regulatory assets under management went from $19,000,000 to $29,000,000 (+53%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $29,000,000
- Discretionary: $0
- Non-discretionary: $29,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 75 | $29,000,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1995 (31 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Changes in the filing (last 12 months)

### October 2026
- Regulatory assets under management went from $19,000,000 to $29,000,000 (+53%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Despain Investment Solutions, Ltd. (CRD 122581): Form ADV filing data as of October 2026.