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.

Former SEC-registered adviser

Treybourne Wealth Planners

Former SEC-registered adviserGreenwood, IndianaCRD 122730SEC 801-64128IAPD
Legal name Treybourne Wealth Planners, Inc.
Latest filing Mar 24, 2021
First filing on the tape Mar 28, 2012 · 23 filings
RAUM
$422M
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
91%
$386M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$422M as of Mar 24, 2021
Mar 28, 2012$116M then
HNW client RAUM$292M as of Mar 24, 2021
Mar 23, 2018$141M then
State-registered IARs (5.B.3)6 as of Mar 24, 2021
Mar 28, 20120 then
Employees (5.A)8 as of Mar 24, 2021
Mar 22, 20132 then
Private funds: no history
RAUM +12% over the last fiscal year+20% a year over threeIARs 4 to 6
Practice profile
derived from the filing of Mar 24, 2021; every figure names its basis
RAUM per advisor
$70.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
67derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$330,041derivedRAUM over accounts (5.F.2.f)
Discretionary
88%derivedof RAUM
Institutional
8.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Custody
$106M, 152 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$292M69%
  • Individuals$94.1M22%
  • Charitable organizations$32.2M7.6%
  • Pension and profit-sharing plans$4.0M1.0%
Individual clients
278reported
HNW clients
122reported
Pension plan clients
14reported
Charitable clients
n/areported
Accounts
1,279reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$106M for 152 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Joseph Martin Armbruster · Chief Compliance Officer, Presidentcontrol
      since 12/2002 · owns 75% or more
    • Lynn Stephanie Willison · Vice President & Principal
      since 01/2019 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • Chicago, IL2 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,286 to 1,279
      Jul 8, 2020 to Mar 24, 2021
    • Advisory employees · 4 to 6
      Jul 8, 2020 to Mar 24, 2021
    • HNW clients · 109 to 122
      Jul 8, 2020 to Mar 24, 2021
    • Individual clients · 283 to 278
      Jul 8, 2020 to Mar 24, 2021
    • Pension plan clients · 10 to 14
      Jul 8, 2020 to Mar 24, 2021
    • Assets in custody · $62.5M to $106M
      Jul 8, 2020 to Mar 24, 2021
    • Employees · 6 to 8
      Jul 8, 2020 to Mar 24, 2021
    • Financial planning clients · 251-500 to 11-25
      Jul 8, 2020 to Mar 24, 2021
    • State-registered IARs · 4 to 6
      Jul 8, 2020 to Mar 24, 2021
    • Discretionary RAUM · $331M to $370M
      Jul 8, 2020 to Mar 24, 2021
    • HNW RAUM · $247M to $292M
      Jul 8, 2020 to Mar 24, 2021
    • Individual RAUM · $96.2M to $94.1M
      Jul 8, 2020 to Mar 24, 2021
    • Non-discretionary RAUM · $45.3M to $52.0M
      Jul 8, 2020 to Mar 24, 2021
    • Pension RAUM · $4.0M to $4.0M
      Jul 8, 2020 to Mar 24, 2021
    • RAUM · $376M to $422M
      Jul 8, 2020 to Mar 24, 2021
    • Accounts · 1,015 to 1,286
      Apr 24, 2019 to Apr 30, 2020
    • HNW clients · 57 to 109
      Apr 24, 2019 to Apr 30, 2020
    • Individual clients · 257 to 283
      Apr 24, 2019 to Apr 30, 2020
    • Pension plan clients · 8 to 10
      Apr 24, 2019 to Apr 30, 2020
    • Assets in custody · $65.5M to $62.5M
      Apr 24, 2019 to Apr 30, 2020
    • Other offices · 0 to 1
      Apr 24, 2019 to Apr 30, 2020
    • Discretionary RAUM · $213M to $331M
      Apr 24, 2019 to Apr 30, 2020
    • HNW RAUM · $132M to $247M
      Apr 24, 2019 to Apr 30, 2020
    • Individual RAUM · $79.7M to $96.2M
      Apr 24, 2019 to Apr 30, 2020
    • Non-discretionary RAUM · $23.4M to $45.3M
      Apr 24, 2019 to Apr 30, 2020
    • Pension RAUM · $895,625 to $4.0M
      Apr 24, 2019 to Apr 30, 2020
    • RAUM · $237M to $376M
      Apr 24, 2019 to Apr 30, 2020
    • Accounts · 978 to 1,015
      Jan 9, 2019 to Mar 28, 2019
    • HNW clients · 61 to 57
      Jan 9, 2019 to Mar 28, 2019
    • Individual clients · 243 to 257
      Jan 9, 2019 to Mar 28, 2019
    • Pension plan clients · 7 to 8
      Jan 9, 2019 to Mar 28, 2019
    • Legal name · SHERMAN & ARMBRUSTER, INC. to TREYBOURNE WEALTH PLANNERS, INC.
      Jan 9, 2019 to Mar 28, 2019
    • Discretionary RAUM · $218M to $213M
      Jan 9, 2019 to Mar 28, 2019
    • HNW RAUM · $141M to $132M
      Jan 9, 2019 to Mar 28, 2019
    • Individual RAUM · $75.0M to $79.7M
      Jan 9, 2019 to Mar 28, 2019
    • Non-discretionary RAUM · $25.2M to $23.4M
      Jan 9, 2019 to Mar 28, 2019
    • Pension RAUM · $967,260 to $895,625
      Jan 9, 2019 to Mar 28, 2019
    • RAUM · $244M to $237M
      Jan 9, 2019 to Mar 28, 2019
    • Related insurance company · true to false
      Mar 24, 2018 to Jan 9, 2019
    • Accounts · 891 to 978
      Aug 15, 2017 to Mar 23, 2018
    Signals
    2 dated events
    • Treybourne Wealth Planners reported RAUM $376.3M, up 59% from $236.5M (2019-04-24 to 2020-04-30)
      Apr 30, 2020 · RAUM change · derived
    • Anthony Patrick Sherman (Secretary) no longer on Schedule A of Treybourne Wealth Planners (listed 2018-03-24, absent 2019-01-09)
      Jan 9, 2019 · Control person left · inference
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026