LAKE ZURICH, ILCRD 141602Latest ADV March 25, 2026
Trueman Brown is an SEC registered investment adviser organized as a limited liability company with a primary office location in Lake Zurich, IL. Its latest Form ADV filing, dated March 25, 2026, reports $196M in regulatory assets under management, 2 employees, 1 office, and 373 accounts.
Assets Under Management
$196M
Employees
2
Offices
1 office
Total Clients
129
Primary office
LAKE ZURICH, IL
765 ELA ROAD, SUITE 301, LAKE ZURICH, IL, United States
Portfolio management for individuals and small businesses
Fee models offered
3 types reported
Asset based fees
Fixed fees
Hourly charges
Sources checked May 15, 2026
Client Coverage Demographics
Top client segmentIndividuals represent 64.3% of total clients.
Top client categories% of clientsClients
1
Individuals
64.3%
83
2
HNWI
34.9%
45
3
Pension Plans
0.8%
1
Categories with <5 clients
Pension and profit sharing plans<5 clients
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$196Mas of March 25, 2026
Discretionary97.5%
$191M
97% of total RAUM97.5%
Non-discretionary2.5%
$5M
3% of total RAUM2.5%
Regulatory assets under management are split between discretionary and non-discretionary assets.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Latest AUM$196M
Total Accounts373
10Y AUM Change+$71M (+57.3%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees2
Clients per Employee65:1
10Y Employee Change0 (0.0%)
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.