Praxis Fiduciary Advisors, LLC (Carmel)


Praxis Fiduciary Advisors, LLC is a large advisory firm based in Carmel. It manages $1.81 billion of regulatory assets for 184 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Indiana.

Praxis Fiduciary Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Praxis Fiduciary Advisors: assets under management

The assets under management (AUM) of Praxis Fiduciary Advisors, LLC is $1.81 billion. The firm's AUM has gone down by -7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $19.43 million in discretionary accounts and $1.79 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $273.66 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $15.86 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Praxis Fiduciary Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Carmel

The principal office where Praxis Fiduciary Advisors, LLC performs its advisory services is located at 12800 N. Meridian Street, Carmel, IN 46032, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 317-708-4150 or by fax 317-836-1424. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday.