Wealth manager, independent · Williamsville, NY
Independent Solutions Wealth Management, LLC
SEC-registered investment adviser · CRD 144733 · SEC 801-69708
At a glance
Independent Solutions Wealth Management, LLC is an SEC-registered investment adviser based in Williamsville, New York, with $1.5B in regulatory assets under management as of its Form ADV filed March 24, 2026. It reports 4,265 individual clients, 268 of them high-net-worth, holding an average of about $0.4 million each, and 30 employees. That ranks it 710th among the nation’s 5,657 independent wealth management RIAs and 53rd of 408 in New York. It reports 2 custodians for its clients’ separately managed accounts: Fidelity Distributors Company and Charles Schwab.
Main office 716-568-8566iswm.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.5B
- Rank among independent wealth managers
- #710 of 5,657
- Rank among all SEC RIAs
- #4,204 of 17,210
- Rank in New York
- #53 of 408
- Individual clients
- 4,265
- High-net-worth clients
- 268
- Accounts
- 7,198
- Discretionary
- 100% of AUM
- Employees
- 30
- Advisory staff
- 26
- Offices
- 4
Owners and executives on its Form ADV
- Glenn C. WiggleManaging Member/chief Compliance Officer
- Michael S. LomasManaging Member
- Michael F. ZimmerChief Operations Officer
Custody and brokerage
2 custodians
- Fidelity Distributors Company$1.2B79%
- Charles Schwab$304M21%
Other RIAs using Fidelity Distributors CompanyOther multi-custodian RIAs
Broker-dealer
Hybrid RIA
Independent Solutions Wealth Management, LLC is a hybrid RIA: 24 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 3,997 | $945M | 61% |
| High-net-worth individuals | 268 | $562M | 37% |
| Corporations or other businesses | 17 | $27M | 2% |
| Charitable organizations | 3 | $4M | <1% |
Disciplinary disclosures
Independent Solutions Wealth Management, LLC 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
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗iswm.com ↗
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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 2,476 peers of its type and size
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- 3 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 New York
All of New York →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Orange Investment Advisors, Inc.Goshen | $1.7B | 1,307 |
| Bouchey Financial Group, LTD.Troy | $1.6B | 1,190 |
| Consolidated Portfolio Review CorpWoodbury | $1.6B | 6,187 |
| Seacrest Wealth Management, LLCPurchase | $1.5B | 1,475 |
| Ascent Wealth Partners, LLCNew Hartford | $1.5B | 1,036 |
| John G. Ullman & Associates, IncHorseheads | $1.5B | 992 |
Background
Questions
How much does Independent Solutions Wealth Management, LLC manage?
Independent Solutions Wealth Management, LLC reports $1.5B in regulatory assets under management across 7,198 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 24, 2026.
How many clients does Independent Solutions Wealth Management, LLC have?
It reports 4,265 individual clients: 268 high-net-worth individuals and 3,997 other individuals. Individuals account for about 98% of its regulatory assets.
Where is Independent Solutions Wealth Management, LLC headquartered?
Its main office is in Williamsville, New York. It reports 4 offices in total and 30 employees, 26 of whom perform investment advisory functions.
How does Independent Solutions Wealth Management, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; 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 Independent Solutions Wealth Management, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Fidelity Distributors Company and Charles Schwab. On Schedule D of its Form ADV filed March 24, 2026, it reports these amounts held: Fidelity Distributors Company ($1.2B); Charles Schwab ($304M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Independent Solutions Wealth Management, LLC a hybrid RIA with a broker-dealer?
Independent Solutions Wealth Management, LLC is a hybrid RIA: 24 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Independent Solutions Wealth Management, LLC a fiduciary?
As an SEC-registered investment adviser, Independent Solutions Wealth Management, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 24 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Independent Solutions Wealth Management, LLC’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 (2026-03-24), 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 →