No commissions, no ads, no advice. This profile reads Aspiriant's own Form ADV (filed August 21, 2026) and Form CRS, and links each figure to the filing it came from.

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1. Check the SEC adviser record. Open the SEC's IAPD record for Aspiriant (CRD #146720) and confirm its registration.

2. Read the filings. Review the Form ADV / Form CRS and any disclosure section linked from the IAPD page.

3. Confirm the entity. Match CRD #146720 / Aspiriant so you're reading the right firm.

The short answer: is Aspiriant a fiduciary?

Yes. Aspiriant is a fiduciary. As a fee-only registered investment adviser, it owes you a duty to act in your interest for the whole advisory relationship, and it isn't a broker-dealer. Aspiriant is an SEC-registered investment adviser (CRD #146720) and reported $18.0 billion in regulatory assets under management across 2,357 clients, according to its latest Form ADV (filed August 21, 2026). Because it's fee-only, it's paid by clients and earns no commissions on products. Its Form ADV (Item 5.E) lists how it is paid: a percentage of assets under management, hourly charges, and fixed fees. You can verify all of this yourself in the public filings.

Its Form ADV doesn't report a broker-dealer registration or a related broker-dealer, so the adviser's fiduciary standard is the one that applies to its advice.

What "fiduciary" means: a fiduciary is legally bound to place a client's interests above its own. (More on fiduciary duty)

Aspiriant at a glance

✅ Verified from public filings, last checked October 5, 2026. Aspiriant (SEC CRD #146720) is a fiduciary for the whole advisory relationship, on a fee-only basis, with $18.0 billion in regulatory assets under management. Every figure below links to its primary source.

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Aspiriant fees: what you'll pay

Here's what Aspiriant charges, and where those fees come from. Aspiriant is fee-only: according to its Form ADV (Item 5.E), it bills through a percentage of assets under management, hourly charges, and fixed fees, and reports no commissions. That structure removes commission conflicts, though other conflicts can still apply (see ownership below). What Item 5.E doesn't give you is the rate itself; the fee schedule sits in its Form ADV Part 2A.

Here's why that matters at this firm. High-net-worth clients account for $16.60 billion, or about 92% of the $18.0 billion it manages (Item 5.D). So the asset-based tier in Part 2A is likely the one most of its clients pay. Ask Aspiriant which tier your balance falls into, and whether hourly or fixed fees can apply on top. For a wider view of cost, see Fee-only financial advisor: costs and how to find one and Are you paying too much? Why that might be the wrong question.

Fee-only means the firm is paid only by its clients, never by commissions on the products it recommends.

Who owns Aspiriant, and what conflicts does it disclose?

The Aspiriant ownership picture is on file with the SEC. According to Schedule A of its Form ADV, Aspiriant is owned by Aspiriant Holdings, LLC (with Aspiriant Holdings S2, LLC). (Form ADV Schedule A)

Its Form ADV Part 2A describes the firm's conflicts of interest, including how it and its advisers are paid.

Aspiriant SEC record: disclosures

To check Aspiriant's regulatory record, start with the firm's own filings. On its Form ADV, Aspiriant answers No to the firm-level disciplinary-history questions. You can confirm that on the public record. Individual advisers can have their own records, so look them up on IAPD and BrokerCheck too.

According to IAPD, the firm has been registered with the SEC since April 8, 2008, makes notice filings in 38 jurisdictions, and reports 218 employees, 105 of them in investment advisory roles.

Is Aspiriant legit?

Its registration, CRD and filings are public and verifiable on IAPD. That confirms it is registered and regulated by the SEC. It doesn't tell you whether the fit or the price is right. The part worth your time is what you're paying and earning.

Reading Aspiriant reviews against the public record

Star ratings and client comments describe what working with a firm felt like. They usually don't show what the firm reports to regulators. Before you weigh Aspiriant reviews, check three things this profile takes from the public record. First, how the firm is paid: it reports being paid only by its clients and takes no commissions, which makes it fee-only. Second, who owns it and what conflicts it discloses. Third, whether its Form ADV reports any disciplinary history. Read reviews alongside the record, not instead of it.

How to verify Aspiriant yourself

You can verify everything above yourself in three steps:

1. SEC adviser record (IAPD): https://adviserinfo.sec.gov/firm/summary/146720.

2. Form ADV / CRS: linked from the IAPD page.

3. Confirm the entity: match Aspiriant (CRD #146720) so you're reading the right firm.

Checking another firm too? Browse the Truthifi /advisors hub.

What Aspiriant does and who it serves

On its Form ADV, Aspiriant reports providing financial planning, portfolio management for individuals and small businesses, portfolio management (investment companies), portfolio management for businesses and institutions, pension consulting, selection of other advisers, newsletters, and educational seminars.

It reports providing financial planning to about 1,000 clients in its last fiscal year (Form ADV Item 5.H), a count the form keeps separate from the client totals below.

Its Form ADV (Item 5.D) breaks its 2,357 clients down by type:

Those 2,357 clients hold the 12,173 accounts shown in the glance table (Item 5.F). The 3,897 non-discretionary accounts are ones where the firm asks before trading; the rest it can trade without seeking your approval first. Its main office is in Los Angeles, CA.

It reports that it or a related person has custody of certain client assets, which typically brings extra safeguards such as surprise examinations. The specifics are in its Form ADV.

One figure deserves a second look. 12,173 accounts across 2,357 clients works out to about five accounts per client. Because wealth is often spread across several accounts, ask for a consolidated fee summary that covers every account the firm manages for you.

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You've vetted the firm. Now make sure the advice runs on the full picture.

Confirming Aspiriant is registered takes a few minutes. Any advisor can only act on what they can see, and what they see is partial: scattered accounts, an old rollover, costs that never surface on a statement. This is where Truthifi comes in.

How Truthifi can help

Truthifi links your accounts read-only and shows what you own, how it's allocated, how it's performing and where the risk sits, including single-stock exposure, returns next to a benchmark, a fee breakdown of the fees on each account, by type, and your Truthifi Score. You can share the accounts you choose with your advisor at Aspiriant.

Prefer your own AI? Paid Truthifi plans let you connect an AI assistant that supports MCP sign-in, such as Claude. MCP (Model Context Protocol) is an open standard that lets an AI assistant connect to an outside app with your permission. Truthifi Connect is the lighter membership for people who only want to use their own assistant. Questions about your fees need Monitoring or Monitoring Plus+ (compare plans on the pricing page).

Ask AI about your Aspiriant accounts

Once your accounts are connected read-only, you can ask in plain English:

• "What do I own across my Aspiriant accounts and everything else, and how is it allocated?"

• "What am I paying in fees across all of these accounts, by type?"

Try it with Truthifi: start for free at app.truthifi.com and run a Monitoring Checkup (limits apply).

No commissions, no ads, no advice: Truthifi is not an investment adviser and doesn't give investment, tax or legal advice. Its access to your bank and brokerage accounts is read-only. Start free (limits apply). Monitoring Checkup is free. Link up to 10 connections, per Truthifi's published plan limits. Plans and limits are on the pricing page → truthifi.com.

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FAQ

Is Aspiriant a fiduciary? Yes. It's a registered investment adviser (CRD #146720), so it owes a fiduciary duty when it advises you. Its Form ADV doesn't report a broker-dealer registration or a related broker-dealer.

Is Aspiriant fee-only? Its Form ADV (Item 5.E) doesn't report commissions as compensation. It's paid by clients through fees such as a percentage of assets, hourly or fixed fees. The fee schedule is in its Form ADV Part 2A.

Who owns Aspiriant? Aspiriant is owned by Aspiriant Holdings, LLC (with Aspiriant Holdings S2, LLC), as listed in Schedule A of its Form ADV.

Does Aspiriant have complaints or disclosures? Its Form ADV answers No to the firm-level disciplinary-history questions. Individual advisers can have their own records on IAPD and BrokerCheck.

Is Aspiriant legit? It is registered with the SEC (CRD #146720) and its filings are public on the SEC's IAPD site, which confirms it is registered and regulated. Registration doesn't tell you whether it's the right fit or what you'll pay, so read the fee and conflict sections of its Form ADV.

Can AI help me check whether I'm getting good value? Yes. Start free (limits apply): Monitoring Checkup is free and lets you link up to 10 connections. You can also connect an AI assistant you already use (such as Claude). On Monitoring or Monitoring Plus+ you can ask it, in plain English, about the fees on each of your accounts. Truthifi is not an investment adviser and doesn't give investment, tax or legal advice.

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About this profile

Truthifi built this profile from the firm's own SEC filings (Form ADV and, where filed, Form CRS). Every page is reviewed by the Truthifi Team before publishing. The Truthifi advisor fact packs are an ongoing series checking U.S. investment advisers against their public filings, one firm at a time.

Read next from the Truthifi blog

• Fee-only financial advisor: costs and how to find one

• What is a fiduciary?

• Are you paying too much? Why that might be the wrong question

• How to ask AI about your real investment accounts

• Robo-advisor vs. human financial advisor: which is better?

• All advisor fact packs on Truthifi

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A note on sources

The facts on this page come from publicly available documents, Aspiriant's SEC filings, each linked inline so you can verify it yourself (SEC data current as of October 5, 2026). This is general information, not financial or legal advice, and Truthifi is not affiliated with Aspiriant. Regulatory records change, so always confirm against the official sources linked above. Spot something that should be corrected? Email us at support@truthifi.com.