# Independent Wealth Network, Inc.

> Independent Wealth Network, Inc. is an SEC-registered investment advisory firm in Urbandale, IA, registered since 2017, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 286262
- Filed as: INDEPENDENT WEALTH NETWORK, INC.
- Also doing business as: ANTHEM FINANCIAL PARTNERS, ARCHER FINANCIAL PARTNERS, CAPITAL INSURANCE & FINANCIAL SERVICES LLC, DEK WEALTH, DV FINANCIAL, ETZEL FINANCIAL RESOURCES, EVERGREEN FINANCIAL GROUP, GILCHRIST WEALTH MANAGEMENT, KFA FINANCIAL, KRAMER WEALTH ADVISORY, M.A.S.FINANCIAL AND TAX GROUP, POINDEXTER FINANCIAL GROUP, PREFERRED WEALTH MANAGEMENT LLC, PRINCIPLED WEALTH MANAGEMENT, ROSS CAPITAL MARKETS, SWAN FINANCIAL GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Urbandale, IA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/286262
- AdvisorCensus page: https://advisorcensus.com/firm/independent-wealth-network-inc-urbandale-ia-286262

## Quick answers

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

**Where is Independent Wealth Network, Inc. located?**
Independent Wealth Network, Inc.'s principal office is in Urbandale, IA, according to its Form ADV; the April 2026 filing also lists 15 other offices (Schedule D, Section 1.F).

**Is Independent Wealth Network, Inc. registered with the SEC or a state?**
Independent Wealth Network, Inc. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 286262.

**How much does Independent Wealth Network, Inc. manage?**
Independent Wealth Network, Inc. reports $518,379,731 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (85% discretionary).

**How have Independent Wealth Network, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Independent Wealth Network, Inc.: Regulatory assets under management: $239,833,955 in the October 2021 data and $518,379,731 in the October 2026 data, up 116%. Total employees: 22 in October 2021 and 37 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Independent Wealth Network, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,183); high net worth individuals (262); pension and profit sharing plans (but not the plan participants or government pension plans) (10).

**Which custodians does Independent Wealth Network, Inc. use?**
Independent Wealth Network, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Independent Wealth Network, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/286262

**Does Independent Wealth Network, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "We do not require minimums for income, assets, net worth, length of engagement, or other conditions for engaging our services."

**What changed in Independent Wealth Network, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: No longer lists the business name Sunburst Financial Management. Added the business name Swan Financial Group. Employees performing advisory functions went from 25 to 30. Regulatory assets under management went from $422,577,169 to $518,379,731 (+23%). Added an office in Chesterfield, MO. Added an office in Miami, FL. Added an office in Morristown, NJ. Added an office in Portsmouth, NH.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: None

> We do not require minimums for income, assets, net worth, length of engagement, or other conditions for engaging our services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $518,379,731
- Discretionary: $443,001,178
- Non-discretionary: $75,378,553

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,183 | $199,953,270 |
| High net worth individuals | 262 | $290,671,573 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $25,342,982 |
| Charitable organizations | 1 | $1,539,328 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 4 | $872,578 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2017 (9 years)
- Employees: 37 total, 30 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AR, AZ, CA, CO, FL, GA, IA, IL, IN, KS, LA, MA, MD, ME, MI, MN, MO, MS, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, TN, TX, UT, VA, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Chesterfield, MO
- Downers Grove, IL
- El Paso, TX
- Flagstaff, AZ
- Ft Wayne, IN
- Grimes, IA
- Los Angeles, CA
- Lubbock, TX
- Miami, FL
- Morristown, NJ
- Phoenix, AZ
- Portsmouth, NH
- Prescott, AZ
- Sanger, TX
- Urbandale, IA

### Websites listed on Form ADV (Item 1.I)
- anthem-financial.com
- dekholding.com/dek-wealth
- dvfin.com
- etzelfinancialresources.com
- evergreenfinancialgrp.com
- gilchristwealth.com
- indwealth.net
- kfafinancial.net
- kramerwealthadvisory.com
- linkedin/IN/SCOTT-ETZEL-CRPC-6B03437
- masfinancialandtax.com
- preferredwealthmanagement.com
- prescottfinancialadvisor.net
- principledwm.com
- swan-fin.com
- Facebook @DVFIN
- Facebook @INDWEALTHNET
- Facebook @PREFERREDFINANCIALGROUPLLC
- LinkedIn @DV-FINANCIAL
- LinkedIn @COMPANY
- LinkedIn @JAMESBEY
- LinkedIn @JEFFZUPANCIC-1b0510
- LinkedIn @PREFERRED-FINANCIAL-GROUP-LLC-336655155
- LinkedIn @andrewendelman

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $239,833,955 | 22 | June 24, 2021 |
| October 2022 | $312,854,514 | 24 | May 18, 2022 |
| October 2023 | $292,821,944 | 27 | March 6, 2023 |
| October 2024 | $358,327,384 | 25 | June 20, 2024 |
| October 2025 | $422,577,169 | 25 | July 8, 2025 |
| October 2026 | $518,379,731 | 37 | March 30, 2026 |

Regulatory assets under management: $239,833,955 in the October 2021 data and $518,379,731 in the October 2026 data, up 116%.
Total employees: 22 in October 2021 and 37 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists the business name Sunburst Financial Management.
- Added the business name Swan Financial Group.
- Employees performing advisory functions went from 25 to 30.
- Regulatory assets under management went from $422,577,169 to $518,379,731 (+23%).
- Added an office in Chesterfield, MO.
- Added an office in Miami, FL.
- Added an office in Morristown, NJ.
- Added an office in Portsmouth, NH.

### February 2026
- Registered or notice-filed in MS.

### January 2026
- No longer registered or notice-filed in MS, ND, SD.

### December 2025
- No longer lists the business name Holt Advisory Group.
- Added the business name Ross Capital Markets.
- Added the business name Principled Wealth Management.
- Added the business name Evergreen Financial Group.
- Added the business name DEK Wealth.
- Registered or notice-filed in MA, MS, NH.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Independent Wealth Network, Inc. (CRD 286262): Form ADV filing data as of October 2026.