Wealth manager, independent · Indianapolis, IN
Invst, LLC
SEC-registered investment adviser · CRD 282863 · SEC 801-107265
At a glance
Invst, LLC is an SEC-registered investment adviser based in Indianapolis, Indiana, with $1.6B in regulatory assets under management as of its Form ADV filed April 2, 2026. It reports 2,193 individual clients, 320 of them high-net-worth, holding an average of about $0.6 million each, and 65 employees. That ranks it 690th among the nation’s 5,657 independent wealth management RIAs and 10th of 88 in Indiana. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 317-202-1891invst.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.6B
- Rank among independent wealth managers
- #690 of 5,657
- Rank among all SEC RIAs
- #4,159 of 17,210
- Rank in Indiana
- #10 of 88
- Individual clients
- 2,193
- High-net-worth clients
- 320
- Accounts
- 6,818
- Discretionary
- 80% of AUM
- Employees
- 65
- Advisory staff
- 39
- Offices
- 12
Owners and executives on its Form ADV
- Scott A. JarredManaging Member
- Dipen K. MehtaChief Operating Officer
- Andrew RenzChief Investment Officer
- Beverly BlairChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Invst, LLC is a hybrid RIA: 3 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed April 2026) names Mutual Securities and Private Client Services as the broker-dealer its advisers are registered with.
Under this arrangement, the Firm’s Supervised Persons, in their individual capacities as registered representatives of Mutual Securities, Inc.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 320 | $852M | 54% |
| Individuals | 1,873 | $405M | 26% |
| Pension and profit sharing plans | 108 | $308M | 20% |
Disciplinary disclosures
Invst, 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
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗invst.com ↗
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The full record on Invst, LLC
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, 9 years of filings
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- Growth over one, three and five years
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- Rank against 2,450 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 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 |
|---|---|---|
| Bedel Financial Consulting IncIndianapolis | $2.9B | 1,162 |
| Phillips FinancialFort Wayne | $2.6B | 888 |
| Elser Financial Planning, Inc.Indianapolis | $2.1B | 578 |
| LJI Wealth Management, LLCIndianapolis | $1.4B | 1,490 |
| Wealth Advisors GroupFort Wayne | $1.3B | 1,013 |
| Wallington Asset ManagementIndianapolis | $1.3B | 306 |
Background
Questions
How much does Invst, LLC manage?
Invst, LLC reports $1.6B in regulatory assets under management across 6,818 accounts, 80% of it on a discretionary basis, on its Form ADV filed April 2, 2026.
How many clients does Invst, LLC have?
It reports 2,193 individual clients: 320 high-net-worth individuals and 1,873 other individuals. Individuals account for about 80% of its regulatory assets.
Where is Invst, LLC headquartered?
Its main office is in Indianapolis, Indiana. It reports 12 offices in total and 65 employees, 39 of whom perform investment advisory functions.
How does Invst, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Invst, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed April 2, 2026, it reports these amounts held: Charles Schwab ($1.2B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Invst, LLC a hybrid RIA with a broker-dealer?
Invst, LLC is a hybrid RIA: 3 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Invst, LLC a fiduciary?
As an SEC-registered investment adviser, Invst, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 3 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 Invst, 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 (2026-04-02), 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 →