AdvisorCensus / Financial advisors / Illinois / Champaign / Tenet Wealth Partners, LLC
Tenet Wealth Partners, LLC is an SEC-registered investment advisory firm in Champaign, IL, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 26, 2026.
Quick answers
From the filingHow is Tenet Wealth Partners, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Tenet Wealth Partners, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other.
What does Tenet Wealth Partners, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated May 5, 2026 states: Asset-based fee: up to 1.6% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Tenet Wealth Partners, LLC located?
Tenet Wealth Partners, LLC's principal office is in Champaign, IL, according to its Form ADV.
Is Tenet Wealth Partners, LLC registered with the SEC or a state?
Tenet Wealth Partners, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 339818.
How much does Tenet Wealth Partners, LLC manage?
Tenet Wealth Partners, LLC reports $246,867,155 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (92% discretionary).
What types of clients does Tenet Wealth Partners, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (346); high net worth individuals (33); other (25).
Which custodians does Tenet Wealth Partners, LLC use?
Tenet Wealth Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets.
Does Tenet Wealth 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/339818
Does Tenet Wealth Partners, LLC state an account minimum?
Its Form ADV Part 2A brochure dated May 5, 2026 says: "Tenet may impose a stated minimum fee, which may be waived at the Firm’s discretion, but does not impose a minimum portfolio value for starting and maintaining an investment management relationship."
What changed in Tenet Wealth Partners, LLC's recent Form ADV filings?
In the June 2026 filing data: Regulatory assets under management went from $0 to $246,867,155. Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 1.6% of assets a year (the maximum the brochure states)
The brochure's wording
Our annual fee ranges up to 1.60% annually and is assessed and/or charged monthly, in advance, based on the value at the end of the billing period.
Account minimum: None (the brochure says it may be waived or negotiated)
The brochure's wording
Tenet may impose a stated minimum fee, which may be waived at the Firm’s discretion, but does not impose a minimum portfolio value for starting and maintaining an investment management relationship.
As stated in the firm's Form ADV Part 2A brochure dated May 5, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$246,867,155 as of October 2026, filing dated August 26, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Publication of periodicals or newsletters
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 4. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Changes in the filing
Last 12 months- June 2026
- Regulatory assets under management went from $0 to $246,867,155.
- Updated its list of owners and control persons (Schedule A).
- February 2026
- Newly registered with the SEC.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Tenet Wealth Partners, LLC (CRD 339818): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/tenet-wealth-partners-llc-champaign-il-339818