Wealth manager, independent · Indianapolis, IN
Bedel Financial Consulting Inc
SEC-registered investment adviser · CRD 105653 · SEC 801-34764
At a glance
Bedel Financial Consulting Inc is an SEC-registered investment adviser based in Indianapolis, Indiana, with $2.9B in regulatory assets under management as of its Form ADV filed August 5, 2026. It reports 1,162 individual clients, 741 of them high-net-worth, holding an average of about $2.5 million each, and 28 employees. That ranks it 376th among the nation’s 5,657 independent wealth management RIAs and 7th of 88 in Indiana. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity.
Main office 317-843-1358bedelfinancial.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.9B
- Rank among independent wealth managers
- #376 of 5,657
- Rank among all SEC RIAs
- #2,874 of 17,210
- Rank in Indiana
- #7 of 88
- Individual clients
- 1,162
- High-net-worth clients
- 741
- Accounts
- 5,435
- Discretionary
- 100% of AUM
- Employees
- 28
- Advisory staff
- 19
- Offices
- 1
Owners and executives on its Form ADV
- Elaine E. Kops-BedelCEO
- William J WendlingChief Investment Officer
- Evan D. BedelPresident
- Cassi M. VanderpoolChief Operating Officer
- Ryan A. CollierVice President
- Lonny S. ElfenbeinChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Bedel Financial Consulting Inc reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 741 | $2.7B | 93% |
| Individuals | 421 | $133M | 5% |
| Corporations or other businesses | – | $52M | 2% |
| Charitable organizations | – | $6M | <1% |
Disciplinary disclosures
Bedel Financial Consulting Inc reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗bedelfinancial.com ↗
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The full record on Bedel Financial Consulting Inc
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 1,389 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Indiana
All of Indiana →| Firm | Regulatory AUM | Clients |
|---|---|---|
| SYM Financial AdvisorsWinona Lake | $5.8B | 1,801 |
| CX Institutional, LLCAuburn | $4.5B | 4,553 |
| Creative Financial Designs, Inc.Kokomo | $2.9B | 10,477 |
| Phillips FinancialFort Wayne | $2.6B | 888 |
| Elser Financial Planning, Inc.Indianapolis | $2.1B | 578 |
| Invst, LLCIndianapolis | $1.6B | 2,193 |
Background
Questions
How much does Bedel Financial Consulting Inc manage?
Bedel Financial Consulting Inc reports $2.9B in regulatory assets under management across 5,435 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 5, 2026.
How many clients does Bedel Financial Consulting Inc have?
It reports 1,162 individual clients: 741 high-net-worth individuals and 421 other individuals. Individuals account for about 98% of its regulatory assets.
Where is Bedel Financial Consulting Inc headquartered?
Its main office is in Indianapolis, Indiana. It reports 1 office in total and 28 employees, 19 of whom perform investment advisory functions.
How does Bedel Financial Consulting Inc charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Bedel Financial Consulting Inc use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity. On Schedule D of its Form ADV filed August 5, 2026, it reports these amounts held: Charles Schwab ($2.2B); Fidelity ($511M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Bedel Financial Consulting Inc a hybrid RIA with a broker-dealer?
Bedel Financial Consulting Inc reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Bedel Financial Consulting Inc a fiduciary?
As an SEC-registered investment adviser, Bedel Financial Consulting Inc owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Bedel Financial Consulting Inc’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-05), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →