# Trellis Wealth Advisors, LLC

> 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.

- CRD: 154861
- Filed as: TRELLIS WEALTH ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Luis Obispo, CA
- Filing period: October 2026
- Form ADV filing dated: March 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/154861
- AdvisorCensus page: https://advisorcensus.com/firm/trellis-wealth-advisors-llc-san-luis-obispo-ca-154861

## Quick answers

**How is Trellis Wealth Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Trellis Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management.

**What does Trellis Wealth Advisors, LLC's brochure say about its fees?**
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.

**Where is Trellis Wealth Advisors, LLC located?**
Trellis Wealth Advisors, LLC's principal office is in San Luis Obispo, CA, according to its Form ADV.

**Is Trellis Wealth Advisors, LLC registered with the SEC or a state?**
Trellis Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 154861.

**How much does Trellis Wealth Advisors, LLC manage?**
Trellis Wealth Advisors, LLC reports $479,836,174 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (99% discretionary).

**How have Trellis Wealth Advisors, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Trellis Wealth Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (105); individuals (other than high net worth individuals) (23).

**Which custodians does Trellis Wealth Advisors, LLC use?**
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.

**Does Trellis Wealth Advisors, 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/154861

**Does Trellis Wealth Advisors, LLC state an account minimum?**
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."

**What changed in Trellis Wealth Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $385,458,719 to $479,836,174 (+24%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 13, 2026)

- Asset-based fee: 0.5% of assets a year

> Trellis charges an annual advisory fee rate of 0.50% of client assets under management for its investment advisory services.

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $479,836,174
- Discretionary: $474,898,276
- Non-discretionary: $4,937,898

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 23 | $9,773,065 |
| High net worth individuals | 105 | $468,069,296 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $1,993,813 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2014 (12 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- trelliswealth.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $285,211,693 | 4 | March 18, 2021 |
| October 2022 | $335,160,359 | 4 | March 22, 2022 |
| October 2023 | $307,490,707 | 4 | August 1, 2023 |
| October 2024 | $346,609,568 | 4 | March 26, 2024 |
| October 2025 | $385,458,719 | 4 | March 26, 2025 |
| October 2026 | $479,836,174 | 4 | March 13, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $385,458,719 to $479,836,174 (+24%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Trellis Wealth Advisors, LLC (CRD 154861): Form ADV filing data as of October 2026.