Trueblood Wealth Management

What Trueblood Wealth Management does

Trueblood Wealth Management, LLC is an independent Registered Investment Adviser headquartered in Lima, Ohio, founded in 2022 by Phillip G. Trueblood alongside his father Phillip L. Trueblood, whose career in financial services dates to 1968. The firm operates as a fiduciary-only advisory practice delivering a comprehensive suite of wealth management services including financial planning, investment management, portfolio management, retirement planning, risk management, business planning, and estate/trust services through its proprietary P-47 Process methodology.

The firm serves a diversified mix of client segments—families and individuals, business owners, retirees, healthcare professionals, endowments and foundations, and family offices—primarily across the Midwest U.S. The core technology stack is non-proprietary: the firm leverages its strategic partnership with Raymond James for institutional-quality investment solutions, banking and lending services, and the clientaccess.rjf.com portal infrastructure.

Revenue is generated through recurring advisory fees on customized, quote-based engagements billed annually, with no publicly disclosed fee schedule. The firm operates with a lean team of 6-7 professionals (2 Managing Partners, 2 Financial Advisors, and 3 Client Service Associates) and is investing in physical infrastructure with a new office building scheduled for completion in 2026. Go-to-market is relationship-driven, relying on client referrals, community involvement, and content marketing via its website.

Name

Trueblood Wealth Management

Legal name

Trueblood Wealth Management, LLC

Website

https://truebloodwealth.com

Company type

Private

Founded year

2022

Operating status

Operating

Short description

Trueblood Wealth Management is an independent Registered Investment Adviser in Lima, Ohio, delivering fiduciary financial planning, investment management, retirement, estate, and business planning services to individuals, business owners, retirees, healthcare professionals, endowments, foundations, and family offices across the Midwest, leveraging a strategic partnership with Raymond James.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Private Banking & UHNW Wealth Advisory (FSAEABAC)

Keywords

• Wealth management services
• Investment advisory
• Retirement planning
• Financial planning
• Portfolio management

Headquarters

HQ city

Lima

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Investment Advisory Fees: The firm operates as a Registered Investment Adviser offering fiduciary advisory services. Revenue is generated through advisory fees for financial planning, investment management, portfolio management, and related services. The firm emphasizes acting as a true fiduciary for its clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Trueblood Wealth Management is an independent Registered Investment Adviser offering comprehensive wealth management services through its proprietary P-47 Process. The firm provides financial planning, investment strategies, portfolio management, retirement planning, risk management, business planning, and estate/charitable giving and trust services to families, individuals, business owners, retirees, healthcare professionals, family offices, and endowments/foundations. Advisory delivery is supported through a strategic partnership with Raymond James.

Product overview

Trueblood Wealth Management is an independent investment advisory firm offering a comprehensive suite of wealth management services. The core offering centers on holistic financial planning, retirement planning, and investment management delivered through their proprietary P-47 Process. The firm's product portfolio includes seven interconnected service areas: Financial Planning, Investment Strategies, Portfolio Management, Retirement Planning, Risk Management, Business Planning, and Estate Charitable Giving & Trust. These services are designed to address the full spectrum of client needs from building a financial foundation through retirement and legacy planning. The firm serves diverse client segments including families and individuals, business owners, retirees, healthcare professionals, endowments and foundations, and family offices, with support from their strategic partner Raymond James for banking, lending, and insurance solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Planning Comprehensive planning services for business transitions, including succession planning, exit strategies, business valuations, and tax-efficient sale structuring. Designed for business owners and entrepreneurs.
• Estate Charitable Giving & Trust Estate planning services focused on preserving assets and transferring wealth, including wills, trusts, charitable giving strategies, and legacy planning for individuals, families, and family offices.
• Financial Planning Comprehensive financial planning services addressing short- and long-term goals, risk tolerance, and personalized investment strategies for individuals and families.
• Investment Strategies Investment management services offering alternative investments, separately managed accounts, unified managed accounts, wrap accounts, structured products, options, and traditional investments including equities, fixed income, annuities, mutual funds, and ETFs.
• Portfolio Management Customized portfolio construction and management services tailored to individual preferences, risk tolerance, goals, time horizon, and tax implications.
• Retirement Planning Retirement preparation and income strategy services including Social Security optimization, withdrawal strategies, Medicare planning, and tax-efficient distribution planning for retirees and those approaching retirement.
• Risk Management Risk mitigation services including long-term care insurance, life insurance, disability insurance, and estate protection strategies.

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Raymond JamescoreStrategic or Co-development PartnerStrategic partnership with Raymond James provides Trueblood Wealth Management with industry-leading support, client-focused service, and comprehensive financial planning and investment resources. The partnership enables the firm to offer institutional-quality investment solutions while maintaining independence. Raymond James is one of the largest independent financial services firms, known for client-first principles, conservatism, independence, and integrity. The firm also provides banking and lending solutions through Raymond James Bank, member FDIC.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Mariner Wealth Advisors: Large independent RIA offering comprehensive wealth planning, investment management, and tax services to HNW individuals and families; directly comparable as a fee-only fiduciary advisor serving similar client segments, though at meaningfully larger scale.
• Creative Planning: Independent, fee-only RIA providing holistic financial planning, investment management, and retirement planning to HNW clients nationwide; closely mirrors Trueblood's comprehensive-service RIA model and fiduciary positioning, but at significantly greater scale.
• Hightower Advisors: Independent RIA built via advisor team acquisitions, providing customized wealth management to HNW families, business owners, and institutions; comparable business model and target client set, with national scale versus Trueblood's regional focus.
• Sequoia Financial Group: Ohio-based independent RIA offering comprehensive financial planning, investment management, and family office services to HNW clients; directly comparable as an Ohio-anchored, full-service fiduciary advisor with similar client segmentation.
• Carson Group: Independent wealth management firm serving financial advisors and their HNW clients with planning, investment, and coaching solutions; comparable comprehensive-service RIA model with technology-enabled platform support similar to Trueblood's Raymond James partnership.
• Wealth Enhancement Group: Independent RIA providing financial planning, investment management, and tax services to HNW individuals and families; closely comparable comprehensive service offering, though achieved through a roll-up acquisition strategy rather than organic growth.
• Mercer Advisors: National independent RIA offering wealth management, financial planning, estate, and tax services to HNW households; directly comparable comprehensive fiduciary RIA model with overlapping client segments including families and retirees.

Broad incumbents

• Raymond James Financial Services: The parent strategic partner providing platform, custody, investment, and banking solutions to Trueblood; broader wealth management and investment services firm that dwarfs the firm but anchors its operating stack.
• Edward Jones: National wealth management and advisory franchise serving individuals, families, and small businesses across thousands of branches; comparable client set and service breadth, but at vastly larger scale with different ownership and compensation model.

Regional players

• Meeder Investment Management: Ohio-based registered investment adviser offering investment management and financial planning solutions to individuals, institutions, and intermediaries; regional peer with overlapping Midwest presence and fiduciary advisory positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trueblood Wealth Management