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INDEPENDENT WEALTH MANAGEMENT, LLC

B54
CRD 124242·SEC 801-120528·TRAVERSE CITY, MI
AUM
$203.0M
$100M-$500M
Est. Revenue
$2.0M
@ 1% on AUM
Est. EBITDA
$609K
@ 30% margin
Est. Deal Value
$4.9M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
INDEPENDENT WEALTH MANAGEMENT, LLC
CRD
124242
SEC file #
801-120528
EIN
—
DBA names
—

Economics

AUM
$203.0M
AUM band
$100M-$500M
AUM trajectory
'22'26
$153.1M → $203.0M▲ +33%
Client mix
Individuals Other115
Individuals High Net Worth61

Operations

Employees (total)
3
Advisory staff (per ADV)
3
Advisory staff (5-yr trend)
'22'26
3 advisors → 3 advisors▬ 0%
Primary office
TRAVERSE CITY MI
Branches
—

Custodian & Brokerage

Primary custodian
E*Tradelow confidence
Services offered
Financial planningPortfolio mgmt — individualsPortfolio mgmt — businessesSelection of other advisers
Fee basis
% of AUMHourly chargesFixed feesOther Compensation

Filings

Latest ADV filing
01/22/2026
ADV-W filed at
—
Website
facebook.com/iwmusa(social)

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
BERGER, JAY, BRANT
Top Owner Pct
37.5
Top Owner Entity Kind
I
Owner Count
3
Control Persons
BERGER, JAY, BRANT
FISHER, STEPHEN, MICHAEL
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
fallback_guess:independent.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Registered
No

Compliance & brand

Firm Registration Status
active

All other collected signals (9)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
3
Bc Firm IAR Count
3
Custodian Candidates
Full
E*trade4
Fidelity2
Firm Has Custody
No
Mailing Office Differs
No
Top Owner CRD
2433529
Trust Company Affiliate
No

People (3)

3
BERGER, JAY, BRANT
IAR · Direct Owner · 37.5%
2433529
HACKNEY, SCOTT, C
IAR · Direct Owner · 37.5%
2148253
FISHER, STEPHEN, MICHAEL
IAR · Direct Owner · 37.5%
2910130