{
  "crd_number": 154861,
  "slug": "trellis-wealth-advisors-llc-san-luis-obispo-ca-154861",
  "primary_business_name": "TRELLIS WEALTH ADVISORS, LLC",
  "legal_name": "TRELLIS WEALTH ADVISORS, LLC",
  "dbas": [],
  "city": "San Luis Obispo",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "42020",
  "metro": {
    "cbsa_code": "42020",
    "common_name": "San Luis Obispo",
    "msa_name": "San Luis Obispo-Paso Robles, CA",
    "path": "/advisors/ca/san-luis-obispo"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-07-21",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-03-13",
  "carried_forward": false,
  "raum_total": 479836174.0,
  "raum_discretionary": 474898276.0,
  "raum_non_discretionary": 4937898.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 9773065.0,
      "count": 23
    },
    "pension_profit_sharing": {
      "raum": 1993813.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 468069296.0,
      "count": 105
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "TX"
  ],
  "websites": [
    "https://trelliswealth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/154861",
  "city_as_filed": "SAN LUIS OBISPO",
  "url": "https://advisorcensus.com/firm/trellis-wealth-advisors-llc-san-luis-obispo-ca-154861",
  "display_name": "Trellis Wealth Advisors, LLC",
  "summary": "Trellis Wealth Advisors, LLC is an SEC-registered investment advisory firm in San Luis Obispo, CA, registered since 2014, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 13, 2026.",
  "citation": "AdvisorCensus. Trellis Wealth Advisors, LLC (CRD 154861): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Trellis Wealth Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Trellis Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Trellis Wealth Advisors, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 13, 2026 states: Asset-based fee: 0.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Trellis Wealth Advisors, LLC located?",
      "a": "Trellis Wealth Advisors, LLC's principal office is in San Luis Obispo, CA, according to its Form ADV."
    },
    {
      "q": "Is Trellis Wealth Advisors, LLC registered with the SEC or a state?",
      "a": "Trellis Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 154861."
    },
    {
      "q": "How much does Trellis Wealth Advisors, LLC manage?",
      "a": "Trellis Wealth Advisors, LLC reports $479,836,174 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (99% discretionary)."
    },
    {
      "q": "How have Trellis Wealth Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Trellis Wealth Advisors, LLC: Regulatory assets under management: $285,211,693 in the October 2021 data and $479,836,174 in the October 2026 data, up 68%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Trellis Wealth Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (105); individuals (other than high net worth individuals) (23)."
    },
    {
      "q": "Which custodians does Trellis Wealth Advisors, LLC use?",
      "a": "Trellis Wealth Advisors, 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."
    },
    {
      "q": "Does Trellis Wealth Advisors, 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/154861"
    },
    {
      "q": "Does Trellis Wealth Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 13, 2026 says: \"Trellis seeks to work with clients who have a combined managed account total of $5 million (“portfolio”), but we may waive the target portfolio minimum requirement at our discretion.\""
    },
    {
      "q": "What changed in Trellis Wealth Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $385,458,719 to $479,836,174 (+24%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 285211693.0,
      "total_employees": 4,
      "filing_date": "2021-03-18"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 335160359.0,
      "total_employees": 4,
      "filing_date": "2022-03-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 307490707.0,
      "total_employees": 4,
      "filing_date": "2023-08-01"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 346609568.0,
      "total_employees": 4,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 385458719.0,
      "total_employees": 4,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 479836174.0,
      "total_employees": 4,
      "filing_date": "2026-03-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $385,458,719 to $479,836,174 (+24%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 13, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": "0.5% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$5,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% of assets a year"
        ],
        "quotes": [
          "Trellis charges an annual advisory fee rate of 0.50% of client assets under management for its investment advisory services."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Trellis seeks to work with clients who have a combined managed account total of $5 million (“portfolio”), but we may waive the target portfolio minimum requirement at our discretion."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": null,
          "rate_pct": 0.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 5000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Trellis charges an annual advisory fee rate of 0.50% of client assets under management for its investment advisory services.",
      "Trellis seeks to work with clients who have a combined managed account total of $5 million (“portfolio”), but we may waive the target portfolio minimum requirement at our discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/trellis-wealth-advisors-llc-san-luis-obispo-ca-154861.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 23,
      "fewer_than_5": false,
      "raum": 9773065.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 105,
      "fewer_than_5": false,
      "raum": 468069296.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 1993813.0
    }
  ],
  "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/154861",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}