# TRG Investment Advisors, LLC

> TRG Investment Advisors, LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 1, 2026.

- CRD: 315629
- Filed as: TRG INVESTMENT ADVISORS, LLC
- Also doing business as: TRG RETIREMENT PLAN CONSULTANTS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: July 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/315629
- AdvisorCensus page: https://advisorcensus.com/firm/trg-investment-advisors-llc-denver-co-315629

## Quick answers

**How is TRG Investment Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), TRG Investment Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**What does TRG Investment Advisors, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: up to 0.6% 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 TRG Investment Advisors, LLC located?**
TRG Investment Advisors, LLC's principal office is in Denver, CO, according to its Form ADV; the August 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is TRG Investment Advisors, LLC registered with the SEC or a state?**
TRG Investment Advisors, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 315629.

**How much does TRG Investment Advisors, LLC manage?**
TRG Investment Advisors, LLC reports $167,124,586 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (81% discretionary).

**How have TRG Investment Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for TRG Investment Advisors, LLC: Regulatory assets under management: $0 in the October 2021 data and $167,124,586 in the October 2026 data. Total employees: 6 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TRG Investment Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (161); high net worth individuals (80).

**Which custodians does TRG Investment Advisors, LLC use?**
TRG Investment Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does TRG Investment 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/315629

**What changed in TRG Investment Advisors, LLC's recent Form ADV filings?**
In the August 2026 filing data: Added an office in White River Junction, VT.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: up to 0.6% of assets a year (the maximum the brochure states)

> The maximum annual fee charged for this service will not exceed 0.6%. Fees to be assessed will be outlined in the advisory agreement to be signed by the Client.

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

### Custodians (Schedule D, Section 5.K(3))
- Raymond James & Associates, 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: $167,124,586
- Discretionary: $135,506,962
- Non-discretionary: $31,617,624

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 161 | $53,561,336 |
| High net worth individuals | 80 | $101,312,018 |
| Corporations or other businesses not listed above | Fewer than 5 | $12,251,232 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 6 total, 6 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CO, CT, FL, MA, NH, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Brattleboro, VT
- White River Junction, VT

### Websites listed on Form ADV (Item 1.I)
- therichardsgrp.com
- LinkedIn @trginvestmentadvisors
- LinkedIn @allisyn-lambert-aif®-36522576
- LinkedIn @ben-taggard-704176b9
- LinkedIn @steven-burnett-9113b1a0

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $0 | 6 | August 16, 2021 |
| October 2022 | $702,630,711 | 5 | March 11, 2022 |
| October 2023 | $740,564,410 | 7 | August 3, 2023 |
| October 2024 | $912,966,295 | 6 | August 12, 2024 |
| October 2025 | $1,113,838,194 | 7 | March 3, 2025 |
| October 2026 | $167,124,586 | 6 | July 1, 2026 |

Regulatory assets under management: $0 in the October 2021 data and $167,124,586 in the October 2026 data.
Total employees: 6 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Added an office in White River Junction, VT.

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 7 to 6.
- Regulatory assets under management went from $1,113,838,194 to $167,124,586 (-85%).
- Added an office in Brattleboro, VT.
- No longer lists an office in West Lebanon, NH.
- Registered or notice-filed in CO.
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TRG Investment Advisors, LLC (CRD 315629): Form ADV filing data as of October 2026.