DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Acropolis Investment Management

Independent wealth managerChesterfield, MissouriCRD 121307SEC 801-61444websiteIAPD
Legal name Acropolis Investment Management, L.L.C.
Latest filing Mar 26, 2026
First filing on the tape Mar 2, 2012 · 29 filings
SEC status approved since Aug 27, 2002
RAUM
$2.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$2.5B individuals and HNW
Advisors
37
registered through the firm on IAPD
RAUM per advisor
$70.6M
derived; firm RAUM over IAPD count
Employees
44
38 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$2.6B as of Mar 26, 2026
Mar 2, 2012$748M then
HNW client RAUM$2.3B as of Mar 26, 2026
Mar 29, 2018$902M then
State-registered IARs (5.B.3)36 as of Mar 26, 2026
Feb 15, 201322 then
Employees (5.A)44 as of Mar 26, 2026
Feb 15, 201326 then
Private funds: no history
RAUM +19% over the last fiscal year+15% a year over threeIARs 36 to 36
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$70.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
28derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.6MderivedHNW RAUM over HNW clients
Average account
$655,702derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
37.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.8%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, publications, educational seminarsreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
Custody
$77.5M, 211 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.3B87%
  • Individuals$215M8.2%
  • Corporations and businesses$107M4.1%
  • Charitable organizations$19.3M0.7%
  • Pension and profit-sharing plans$7.3M0.3%
Individual clients
401reported
HNW clients
636reported
Pension plan clients
n/areported
Charitable clients
8reported
Accounts
3,984reported
Financial planning clients
1,000reported
Wrap fee programs
noreported
Custody of client assets
$77.5M for 211 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
37 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
David Baker OttChesterfield, MoSep 10, 200230 y0
Dannelle Dyan WardCertified Financial PlannerChesterfield, MoSep 10, 200231 y0
Christopher Bart LissnerChesterfield, MoOct 23, 200240 y0
Michael Timothy LissnerChesterfield, MoJan 16, 200323 y0
Stacie Renee BrostChesterfield, MoMay 17, 200428 y0
Minjung SonChartered Financial AnalystChesterfield, MoJan 3, 200522 y0
Ryan R. CraftChartered Financial AnalystChesterfield, MoJan 24, 200524 y0
Robert J. SchrammChesterfield, MoMay 24, 200522 y0
Sakis Sotirios SalasCertified Financial PlannerChesterfield, MoOct 25, 200628 y2
Cliff J. ReynoldsCertified Financial Planner, Chartered Financial AnalystChesterfield, MoAug 22, 200719 y0
Joseph A. KelleyChesterfield, MoJun 4, 200818 y0
Lauren Janus KingstenCertified Financial PlannerChesterfield, MoSep 19, 201115 y0
Amy Jo CrewsChesterfield, MoMar 26, 201313 y0
Marie L TustinCertified Financial PlannerChesterfield, MoDec 14, 201313 y0
Cynthia Lynn MckillipCertified Financial PlannerChesterfield, MoDec 16, 201431 y1
Kaley Suzanne PogrelisCertified Financial PlannerChesterfield, MoApr 21, 201512 y0
Robert Stanley FlemingChesterfield, MoJun 12, 201531 y4
Ryanne Ashley HarmannChesterfield, MoSep 14, 201515 y1
John Russell McclellandCertified Financial PlannerChesterfield, MoJun 20, 201726 y2
William Scott MckillipCertified Financial PlannerChesterfield, MoAug 14, 201831 y1
Michele Rene' ClarkCertified Financial PlannerChesterfield, MoMay 2, 201933 y2
Bradley A CombsCertified Financial PlannerChesterfield, MoJul 29, 201919 y1
Christian Edward WagnerCertified Financial PlannerChesterfield, MoDec 18, 201910 y0
Amanda MertensChesterfield, MoOct 10, 202012 y0
Andrea LevinsonChesterfield, MoSep 20, 202214 y0
Nathan Alexander WardCertified Financial PlannerChesterfield, MoSep 28, 202216 y0
Miranda HagarCertified Financial PlannerChesterfield, MoSep 30, 202210 y0
Andrea T LathropChesterfield, MoNov 4, 202212 y0
Jessica R HendricksChesterfield, MoNov 22, 202211 y0
Jennifer OrrChesterfield, MoDec 5, 202215 y0
Heather Marie BurkeCertified Financial PlannerChesterfield, MoMay 3, 202313 y0
Nathan D LevinsonChesterfield, MoJul 18, 202414 y0
Jack C CarpenterChesterfield, MoNov 22, 202411 y0
Alex M UmbleChesterfield, MoDec 11, 202415 y0
Matthew AdrignolaChesterfield, MoMay 16, 202512 y0
Rebecca L DollensChesterfield, MoJun 4, 202612 y0
Jennifer Anne LissnerCertified Financial PlannerChesterfield, MoSep 2, 202621 y3
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Stanley Robert Fleming · Chief Compliance Officercontrol
    since 07/2022 · owns less than 5%
  • Bart Christopher Lissner · Managing Member & Presidentcontrol
    since 08/2002 · owns 25% to 50%
  • Timothy Michael Lissner · Membercontrol
    since 01/2003 · owns 10% to 25%
  • Baker David Ott · Member & Chief Investment Officercontrol
    since 08/2002 · owns 25% to 50%
  • J. Cliff Reynolds · Membercontrol
    since 01/2023 · owns 5% to 10%
  • L Marie Tustin · Membercontrol
    since 01/2023 · owns 5% to 10%
  • Dyan Dannelle Ward · Membercontrol
    since 08/2002 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chesterfield, Mo · principal3720
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 3,767 to 3,984
    May 8, 2025 to Mar 26, 2026
  • Advisory employees · 39 to 38
    May 8, 2025 to Mar 26, 2026
  • Business name · ACROPOLIS INVESTMENT MANAGEMENT, L.L.C. to ACROPOLIS INVESTMENT MANAGEMENT
    May 8, 2025 to Mar 26, 2026
  • Charity clients · 10 to 8
    May 8, 2025 to Mar 26, 2026
  • Corporate clients · 7.0 to unset
    May 8, 2025 to Mar 26, 2026
  • HNW clients · 610 to 636
    May 8, 2025 to Mar 26, 2026
  • Individual clients · 399 to 401
    May 8, 2025 to Mar 26, 2026
  • Assets in custody · $64.6M to $77.5M
    May 8, 2025 to Mar 26, 2026
  • Employees · 43 to 44
    May 8, 2025 to Mar 26, 2026
  • Discretionary RAUM · $2.2B to $2.6B
    May 8, 2025 to Mar 26, 2026
  • HNW RAUM · $1.9B to $2.3B
    May 8, 2025 to Mar 26, 2026
  • Individual RAUM · $180M to $215M
    May 8, 2025 to Mar 26, 2026
  • Pension RAUM · $80.9M to $7.3M
    May 8, 2025 to Mar 26, 2026
  • RAUM · $2.2B to $2.6B
    May 8, 2025 to Mar 26, 2026
  • Financial planning clients · More than 500 to More than 500
    Mar 26, 2025 to May 8, 2025
  • Accounts · 3,695 to 3,767
    Mar 27, 2024 to Mar 26, 2025
  • Advisory activities · 4 to 5
    Mar 27, 2024 to Mar 26, 2025
  • Charity clients · 13 to 10
    Mar 27, 2024 to Mar 26, 2025
  • Corporate clients · 8 to 7
    Mar 27, 2024 to Mar 26, 2025
  • HNW clients · 576 to 610
    Mar 27, 2024 to Mar 26, 2025
  • Individual clients · 402 to 399
    Mar 27, 2024 to Mar 26, 2025
  • Assets in custody · $60.8M to $64.6M
    Mar 27, 2024 to Mar 26, 2025
  • HQ city · ST. LOUIS to CHESTERFIELD
    Mar 27, 2024 to Mar 26, 2025
  • Discretionary RAUM · $1.9B to $2.2B
    Mar 27, 2024 to Mar 26, 2025
  • HNW RAUM · $1.6B to $1.9B
    Mar 27, 2024 to Mar 26, 2025
  • Individual RAUM · $172M to $180M
    Mar 27, 2024 to Mar 26, 2025
  • Pension RAUM · $70.2M to $80.9M
    Mar 27, 2024 to Mar 26, 2025
  • RAUM · $1.9B to $2.2B
    Mar 27, 2024 to Mar 26, 2025
  • Accounts · 4,030 to 3,695
    Mar 30, 2023 to Mar 27, 2024
  • Advisory employees · 38 to 39
    Mar 30, 2023 to Mar 27, 2024
  • Charity clients · 11 to 13
    Mar 30, 2023 to Mar 27, 2024
  • HNW clients · 569 to 576
    Mar 30, 2023 to Mar 27, 2024
  • Individual clients · 508 to 402
    Mar 30, 2023 to Mar 27, 2024
  • Assets in custody · $29.3M to $60.8M
    Mar 30, 2023 to Mar 27, 2024
  • Employees · 44 to 43
    Mar 30, 2023 to Mar 27, 2024
  • State-registered IARs · 35 to 36
    Mar 30, 2023 to Mar 27, 2024
  • Discretionary RAUM · $1.7B to $1.9B
    Mar 30, 2023 to Mar 27, 2024
  • HNW RAUM · $1.5B to $1.6B
    Mar 30, 2023 to Mar 27, 2024
  • Individual RAUM · $169M to $172M
    Mar 30, 2023 to Mar 27, 2024
  • Non-discretionary RAUM · $21.4M to $0
    Mar 30, 2023 to Mar 27, 2024
Signals
3 dated events
  • L Marie Tustin (Member) appeared on Schedule A of Acropolis Investment Management
    Mar 30, 2023 · Control person joined · fact
  • J. Cliff Reynolds (Member) appeared on Schedule A of Acropolis Investment Management
    Mar 30, 2023 · Control person joined · fact
  • Stanley Robert Fleming (Chief Compliance Officer) appeared on Schedule A of Acropolis Investment Management
    Jul 21, 2022 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
636-449-4900reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
888-453-1266reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
888-882-0072reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/acropolis-investment-management-llc/?vireportedpublic record, Form ADV, Sep 17, 2026
Website
ACRLP.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
888-882-0072reportedpublic record, Form ADV, Mar 26, 2026
Contact form
acrinv.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
acrinv.com/peoplereportedpublished by the firm, firm site, Sep 15, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$70.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026