{
  "crd_number": 154503,
  "slug": "indie-asset-partners-llc-carmel-in-154503",
  "primary_business_name": "INDIE ASSET PARTNERS, LLC",
  "legal_name": "INDIE ASSET PARTNERS, LLC",
  "dbas": [],
  "city": "Carmel",
  "state": "IN",
  "country": "United States",
  "cbsa_code": "26900",
  "metro": {
    "cbsa_code": "26900",
    "common_name": "Indianapolis",
    "msa_name": "Indianapolis-Carmel-Greenwood, IN",
    "path": "/advisors/in/indianapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-08-16",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-03-19",
  "carried_forward": false,
  "raum_total": 685212417.0,
  "raum_discretionary": 632271464.0,
  "raum_non_discretionary": 52940953.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 9,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 301674.0,
      "count": 1
    },
    "individuals": {
      "raum": 52968936.0,
      "count": 155
    },
    "high_net_worth_individuals": {
      "raum": 500742001.0,
      "count": 147
    },
    "pooled_investment_vehicles": {
      "raum": 117219463.0,
      "count": 6
    },
    "corporations_other_businesses": {
      "raum": 13980343.0,
      "count": 4
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "GA",
    "IL",
    "IN",
    "KY",
    "NH",
    "OH",
    "TX"
  ],
  "websites": [
    "https://facebook.com/INDIEASSET",
    "https://indieasset.com",
    "https://instagram.com/INDIEASSET?HL=EN",
    "https://linkedin.com/COMPANY/1316624",
    "https://twitter.com/INDIEASSETPTRS"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/154503",
  "city_as_filed": "CARMEL",
  "url": "https://advisorcensus.com/firm/indie-asset-partners-llc-carmel-in-154503",
  "display_name": "Indie Asset Partners, LLC",
  "summary": "Indie Asset Partners, LLC is an SEC-registered investment advisory firm in Carmel, IN, registered since 2010, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 19, 2026.",
  "citation": "AdvisorCensus. Indie Asset Partners, LLC (CRD 154503): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Indie Asset Partners, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Indie Asset Partners, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Indie Asset Partners, LLC located?",
      "a": "Indie Asset Partners, LLC's principal office is in Carmel, IN, according to its Form ADV."
    },
    {
      "q": "Is Indie Asset Partners, LLC registered with the SEC or a state?",
      "a": "Indie Asset Partners, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 154503."
    },
    {
      "q": "How much does Indie Asset Partners, LLC manage?",
      "a": "Indie Asset Partners, LLC reports $685,212,417 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (92% discretionary)."
    },
    {
      "q": "How have Indie Asset Partners, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Indie Asset Partners, LLC: Regulatory assets under management: $655,042,320 in the October 2021 data and $685,212,417 in the October 2026 data, up 5%. Total employees: 13 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Indie Asset Partners, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (155); high net worth individuals (147); pooled investment vehicles (other than investment companies and business development companies) (6)."
    },
    {
      "q": "Which custodians does Indie Asset Partners, LLC use?",
      "a": "Indie Asset Partners, LLC'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."
    },
    {
      "q": "Does Indie Asset Partners, LLC report any disciplinary disclosures?",
      "a": "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/154503"
    },
    {
      "q": "What changed in Indie Asset Partners, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 4 to 3."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 655042320.0,
      "total_employees": 13,
      "filing_date": "2021-07-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 702733034.0,
      "total_employees": 13,
      "filing_date": "2022-04-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 726101667.0,
      "total_employees": 14,
      "filing_date": "2023-06-05"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 792211173.0,
      "total_employees": 9,
      "filing_date": "2024-08-08"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 722689974.0,
      "total_employees": 9,
      "filing_date": "2025-05-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 685212417.0,
      "total_employees": 9,
      "filing_date": "2026-03-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 3."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/indie-asset-partners-llc-carmel-in-154503.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 155,
      "fewer_than_5": false,
      "raum": 52968936.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 147,
      "fewer_than_5": false,
      "raum": 500742001.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 117219463.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 301674.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": false,
      "raum": 13980343.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/154503",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}