{
  "crd_number": 339818,
  "slug": "tenet-wealth-partners-llc-champaign-il-339818",
  "primary_business_name": "TENET WEALTH PARTNERS, LLC",
  "legal_name": "TENET WEALTH PARTNERS, LLC",
  "dbas": [],
  "city": "Champaign",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16580",
  "metro": {
    "cbsa_code": "16580",
    "common_name": "Champaign",
    "msa_name": "Champaign-Urbana, IL",
    "path": "/advisors/il/champaign"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-01-06",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-08-26",
  "carried_forward": false,
  "raum_total": 246867155.0,
  "raum_discretionary": 226683086.0,
  "raum_non_discretionary": 20184069.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 2023083.0,
      "count": 25,
      "description": "529 COLLEGE SAVINGS PLANS"
    },
    "charitable": {
      "raum": 4068766.0,
      "count": 19
    },
    "individuals": {
      "raum": 99752049.0,
      "count": 346
    },
    "pension_profit_sharing": {
      "raum": 20737643.0,
      "count": 12
    },
    "high_net_worth_individuals": {
      "raum": 117235300.0,
      "count": 33
    },
    "corporations_other_businesses": {
      "raum": 3050314.0,
      "count": 7
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IL",
    "LA",
    "TX"
  ],
  "websites": [
    "https://facebook.com/tenetwealthpartners",
    "https://inkedin.com/company/tenetwealthpartners",
    "https://instagram.com/tenetwealthpartners",
    "https://tenetwealthpartners.com",
    "https://youtube.com/channel/UCqf2WLSUBdwCVT2Axwq-PJg"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/339818",
  "city_as_filed": "CHAMPAIGN",
  "url": "https://advisorcensus.com/firm/tenet-wealth-partners-llc-champaign-il-339818",
  "display_name": "Tenet Wealth Partners, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Tenet Wealth Partners, LLC (CRD 339818): 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)",
    "Other"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Tenet Wealth Partners, LLC compensated?",
      "a": "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."
    },
    {
      "q": "How much does Tenet Wealth Partners, LLC charge?",
      "a": "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."
    },
    {
      "q": "Where is Tenet Wealth Partners, LLC located?",
      "a": "Tenet Wealth Partners, LLC's principal office is in Champaign, IL, according to its Form ADV."
    },
    {
      "q": "Is Tenet Wealth Partners, LLC registered with the SEC or a state?",
      "a": "Tenet Wealth Partners, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 339818."
    },
    {
      "q": "How much does Tenet Wealth Partners, LLC manage?",
      "a": "Tenet Wealth Partners, LLC reports $246,867,155 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (92% discretionary)."
    },
    {
      "q": "What types of clients does Tenet Wealth Partners, LLC serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Tenet Wealth Partners, LLC use?",
      "a": "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."
    },
    {
      "q": "Does Tenet Wealth 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/339818"
    },
    {
      "q": "Does Tenet Wealth Partners, LLC state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Tenet Wealth Partners, LLC's recent Form ADV filings?",
      "a": "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)."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Regulatory assets under management went from $0 to $246,867,155.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 5, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.6% of assets a year",
    "account_minimum": "None",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.6% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "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."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.6,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "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.",
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "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/tenet-wealth-partners-llc-champaign-il-339818.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 346,
      "fewer_than_5": false,
      "raum": 99752049.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 33,
      "fewer_than_5": false,
      "raum": 117235300.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 12,
      "fewer_than_5": false,
      "raum": 20737643.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 19,
      "fewer_than_5": false,
      "raum": 4068766.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 7,
      "fewer_than_5": false,
      "raum": 3050314.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 25,
      "fewer_than_5": false,
      "raum": 2023083.0
    }
  ],
  "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/339818",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}