# Pension Consultants Inc

> Pension Consultants Inc is an SEC-registered investment advisory firm in Springfield, MO, registered since 1999, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated October 1, 2026.

- CRD: 113914
- Filed as: PENSION CONSULTANTS INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Springfield, MO
- Filing period: October 2026
- Form ADV filing dated: October 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/113914
- AdvisorCensus page: https://advisorcensus.com/firm/pension-consultants-inc-springfield-mo-113914

## Quick answers

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

**Where is Pension Consultants Inc located?**
Pension Consultants Inc's principal office is in Springfield, MO, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Pension Consultants Inc registered with the SEC or a state?**
Pension Consultants Inc is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 113914.

**How much does Pension Consultants Inc manage?**
Pension Consultants Inc reports $5,423,950,320 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (46% discretionary).

**How have Pension Consultants Inc's assets and staff changed since 2021?**
In the Form ADV data for Pension Consultants Inc: Regulatory assets under management: $4,383,801,274 in the October 2021 data and $5,423,950,320 in the October 2026 data, up 24%. Total employees: 20 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Pension Consultants Inc serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (50); individuals (other than high net worth individuals) (23); high net worth individuals (15).

**Which custodians does Pension Consultants Inc use?**
Pension Consultants Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Empower Trust Company, LLC, John Hancock Trust Company and Matrix Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Pension Consultants 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/113914

**What changed in Pension Consultants Inc's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $4,921,817,688 to $5,423,950,320 (+10%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Empower Trust Company, LLC
- John Hancock Trust Company
- Matrix Trust Company

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: $5,423,950,320
- Discretionary: $2,511,333,334
- Non-discretionary: $2,912,616,986

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 23 | $12,071,688 |
| High net worth individuals | 15 | $46,553,518 |
| 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) | 50 | $5,365,325,114 |
| Charitable organizations | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 1999 (27 years)
- Employees: 16 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR, KS, MO, NE, OK
- 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
- Joplin, MO
- Springfield, MO

### Websites listed on Form ADV (Item 1.I)
- pension-consultants.com
- LinkedIn @pension-consultants-inc
- X @RETIREADVISERS
- YouTube @PensionConsultantsInc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,383,801,274 | 20 | April 30, 2021 |
| October 2022 | $5,082,616,561 | 19 | July 1, 2022 |
| October 2023 | $4,270,640,808 | 18 | February 15, 2023 |
| October 2024 | $4,446,659,856 | 20 | March 7, 2024 |
| October 2025 | $4,921,817,688 | 18 | March 3, 2025 |
| October 2026 | $5,423,950,320 | 16 | October 1, 2026 |

Regulatory assets under management: $4,383,801,274 in the October 2021 data and $5,423,950,320 in the October 2026 data, up 24%.
Total employees: 20 in October 2021 and 16 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $4,921,817,688 to $5,423,950,320 (+10%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pension Consultants Inc (CRD 113914): Form ADV filing data as of October 2026.