# Terril & Company

> Terril & Company is an SEC-registered investment advisory firm in Saint Louis, MO, registered since 1980, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 110422
- Filed as: TERRIL & COMPANY
- Legal name: Terril Brothers Inc
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Saint Louis, MO
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110422
- AdvisorCensus page: https://advisorcensus.com/firm/terril-and-company-saint-louis-mo-110422

## Quick answers

**How is Terril & Company compensated?**
On its Form ADV (Item 5.E, October 2026), Terril & Company reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**Where is Terril & Company located?**
Terril & Company's principal office is in Saint Louis, MO, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Terril & Company registered with the SEC or a state?**
Terril & Company is an SEC-registered investment advisory firm, registered since 1980. Status as filed: Approved. CRD 110422.

**How much does Terril & Company manage?**
Terril & Company reports $987,811,544 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Terril & Company's assets and staff changed since 2021?**
In the Form ADV data for Terril & Company: Regulatory assets under management: $714,674,900 in the October 2021 data and $987,811,544 in the October 2026 data, up 38%. Total employees: 7 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 Terril & Company serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (257); high net worth individuals (214); pension and profit sharing plans (but not the plan participants or government pension plans) (8).

**Which custodians does Terril & Company use?**
Terril & Company's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Central Trust Company and U.S. Bank as custodians holding 10% or more of its separately managed account assets.

**Does Terril & Company 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/110422

**What changed in Terril & Company's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $864,076,780 to $987,811,544 (+14%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Custodians (Schedule D, Section 5.K(3))
- Central Trust Company
- U.S. Bank

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: $987,811,544
- Discretionary: $987,811,544
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 257 | $71,332,250 |
| High net worth individuals | 214 | $814,729,169 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $49,219,998 |
| Charitable organizations | 3 | $39,923,878 |
| Corporations or other businesses not listed above | 6 | $12,606,249 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1980 (45 years)
- Employees: 16 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, GA, IL, IN, MO, NE, OH, TX
- 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
- Springfield, IL

### Websites listed on Form ADV (Item 1.I)
- terrilandcompany.com
- terrilco.com
- LinkedIn @JOE-TERRIL-04417B21
- X @JOETERRILCO

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $714,674,900 | 7 | February 26, 2021 |
| October 2022 | $712,676,074 | 8 | March 30, 2022 |
| October 2023 | $677,417,623 | 9 | March 15, 2023 |
| October 2024 | $760,944,922 | 13 | March 12, 2024 |
| October 2025 | $864,076,780 | 15 | March 20, 2025 |
| October 2026 | $987,811,544 | 16 | March 30, 2026 |

Regulatory assets under management: $714,674,900 in the October 2021 data and $987,811,544 in the October 2026 data, up 38%.
Total employees: 7 in October 2021 and 16 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $864,076,780 to $987,811,544 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Terril & Company (CRD 110422): Form ADV filing data as of October 2026.