# Indie Asset Partners, LLC

> 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.

- CRD: 154503
- Filed as: INDIE ASSET PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Carmel, IN
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/154503
- AdvisorCensus page: https://advisorcensus.com/firm/indie-asset-partners-llc-carmel-in-154503

## Quick answers

**How is Indie Asset Partners, LLC compensated?**
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.

**Where is Indie Asset Partners, LLC located?**
Indie Asset Partners, LLC's principal office is in Carmel, IN, according to its Form ADV.

**Is Indie Asset Partners, LLC registered with the SEC or a state?**
Indie Asset Partners, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 154503.

**How much does Indie Asset Partners, LLC manage?**
Indie Asset Partners, LLC reports $685,212,417 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (92% discretionary).

**How have Indie Asset Partners, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Indie Asset Partners, LLC serve?**
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).

**Which custodians does Indie Asset Partners, LLC use?**
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.

**Does Indie Asset Partners, LLC 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/154503

**What changed in Indie Asset Partners, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 3.

## From the Form ADV filing

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

### 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: $685,212,417
- Discretionary: $632,271,464
- Non-discretionary: $52,940,953

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 155 | $52,968,936 |
| High net worth individuals | 147 | $500,742,001 |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $117,219,463 |
| Charitable organizations | 1 | $301,674 |
| Corporations or other businesses not listed above | 4 | $13,980,343 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2010 (16 years)
- Employees: 9 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, GA, IL, IN, KY, NH, OH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- indieasset.com
- Facebook @INDIEASSET
- Instagram @INDIEASSET
- LinkedIn @1316624
- X @INDIEASSETPTRS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $655,042,320 | 13 | July 29, 2021 |
| October 2022 | $702,733,034 | 13 | April 27, 2022 |
| October 2023 | $726,101,667 | 14 | June 5, 2023 |
| October 2024 | $792,211,173 | 9 | August 8, 2024 |
| October 2025 | $722,689,974 | 9 | May 28, 2025 |
| October 2026 | $685,212,417 | 9 | March 19, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Indie Asset Partners, LLC (CRD 154503): Form ADV filing data as of October 2026.