Koshinski Asset Management, Inc. Dba Ipi Asset Management, Inc.
SEC-registered
Wealth Manager · Mid-sized ($1B–$10B)
CRD 111872
· SEC file 801-56878
· Decatur, IL
· randylaneinvestmentadvisor.com
☆ Save with Pro
ADV data as of Mar 20, 2026
- Regulatory AUM
- $2.7B
- Discretionary
- $2.5B
- Clients
- 13,260
- Avg AUM / client
- $200K
- Accounts
- 13,260
- Employees
- 67
AUM over time
$628M
$2.7B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 20, 2026
Investments (13F portfolio — 727 positions, $1,603,870,723)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Vanguard Index Fds | VALUE ETF | $70,423,497 | 358,937 | 4.39% | 2.65% |
| 2 | Schwab Strategic Tr | US LCAP GR ETF | $62,046,257 | 2,129,978 | 3.87% | 2.34% |
| 3 | Apple Inc | COM | $42,301,821 | 166,814 | 2.64% | 1.59% |
| 4 | First Tr Exchange Traded Fd | RISNG DIVD ACHIV | $38,543,684 | 564,494 | 2.4% | 1.45% |
| 5 | First Tr Exchange Traded Fd | WCM INTL EQUITY | $31,671,404 | 1,888,575 | 1.97% | 1.19% |
| 6 | Fidelity Merrimack Str Tr | TOTAL BD ETF | $26,839,034 | 588,317 | 1.67% | 1.01% |
| 7 | Nvidia Corporation | COM | $24,783,492 | 142,107 | 1.55% | 0.93% |
| 8 | Franklin Templeton Etf Tr | INTL COR DIV TIL | $24,366,928 | 612,081 | 1.52% | 0.92% |
| 9 | Vanguard Index Fds | SMALL CP ETF | $24,023,327 | 91,720 | 1.5% | 0.9% |
| 10 | Schwab Strategic Tr | US MID-CAP ETF | $23,504,726 | 759,197 | 1.47% | 0.89% |
| 11 | State Str Spdr S&P 500 Etf T | TR UNIT | $21,442,966 | 32,972 | 1.34% | 0.81% |
| 12 | Johnson & Johnson | COM | $20,396,116 | 83,440 | 1.27% | 0.77% |
| 13 | Ishares Tr | CORE S&P TTL STK | $20,127,142 | 141,313 | 1.25% | 0.76% |
| 14 | Microsoft Corp | COM | $19,234,040 | 51,960 | 1.2% | 0.72% |
| 15 | Invesco Qqq Tr | UNIT SER 1 | $18,179,888 | 31,498 | 1.13% | 0.68% |
| 16 | Archer Daniels Midland Co | COM | $17,186,796 | 236,440 | 1.07% | 0.65% |
| 17 | Vanguard Index Fds | GROWTH ETF | $16,765,829 | 38,384 | 1.05% | 0.63% |
| 18 | Amazon Com Inc | COM | $16,553,585 | 79,481 | 1.03% | 0.62% |
| 19 | Broadcom Inc | COM | $16,213,295 | 52,384 | 1.01% | 0.61% |
| 20 | First Tr Exchng Traded Fd Vi | FT VEST LADDERED | $14,586,006 | 431,922 | 0.91% | 0.55% |
| 21 | Deere & Co | COM | $14,079,102 | 24,994 | 0.88% | 0.53% |
| 22 | Ishares Tr | CORE S&P500 ETF | $13,365,606 | 20,461 | 0.83% | 0.5% |
| 23 | Caterpillar Inc | COM | $13,222,211 | 18,663 | 0.82% | 0.5% |
| 24 | Schwab Strategic Tr | US DIVIDEND EQ | $12,879,025 | 419,786 | 0.8% | 0.48% |
| 25 | Zacks Trust | EARNGS CONSTANT | $11,566,125 | 341,890 | 0.72% | 0.44% |
Top 25 of 727 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 12,703 | $1.6B | 60.8% |
| High net worth individuals | 435 | $927M | 34.9% |
| Pension and profit sharing plans | 51 | $42.5M | 1.6% |
| Charitable organizations | 28 | $2.3M | 0.09% |
| Corporations and other businesses | 43 | $68.2M | 2.57% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| The Reese Group, Inc. 401(k) Plan The Reese Group, Inc. | 2024 | |
| First Express 401(k) Plan First Express, Inc. | 2024 | |
| Avma Life Trust, Llc 401(k) Plan Avma Life Trust, Llc | 2024 | |
| Intuitive Health 401 (K) Plan Intuitive Health, Llc | 2024 |
People (68)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| David Paul Koshinski | Ceo | Jan 1996 (31y) | 75% or more | |
| Michelle Suzanne Hancock | Registered Options Principal | Jul 2014 (12y) | Less than 5% | |
| Allen Bayard Closser | President | CFP | Jun 2017 (9y) | 10% – 25% |
| Lori Lea Fuerstenberg | Chief Compliance Officer | Nov 2018 (8y) | Less than 5% | |
| James Walter Minton | Registered representative | Jan 1998 (29y) | ||
| Joseph Lawrence Hutmacher | Registered representative | Jan 1999 (28y) | ||
| John Michael Lavery | Registered representative | Sep 2000 (26y) | ||
| Chris Charles Hammann | Registered representative | Nov 2000 (26y) | ||
| John Patrick Murphy | Registered representative | Nov 2000 (26y) | ||
| Charles Roger Skemp | Registered representative | Mar 2002 (24y) | ||
| Timothy Allen Nobles | Registered representative | Mar 2002 (24y) | ||
| Bart Wilkins Jones | Registered representative | Jan 2004 (23y) | ||
| Scott Douglas Winters | Registered representative | Jan 2004 (23y) | ||
| Nathan Lee Rewerts | Registered representative | May 2006 (20y) | ||
| Eddie Dean Hart | Registered representative | Oct 2006 (20y) | ||
| James Edward Hamilton | Registered representative | Jan 2007 (20y) | ||
| Julie Anne Pickett | Registered representative | Nov 2007 (19y) | ||
| Jennifer Kay Larson | Registered representative | CFP Chartered Financial Consultant | Apr 2008 (18y) | |
| David Wayne Ruths | Registered representative | CFP | Sep 2008 (18y) | |
| Gregory James Mcginn | Registered representative | Jun 2009 (17y) | ||
| John M Hart | Registered representative | Apr 2010 (16y) | ||
| Alan Fulk | Registered representative | Mar 2012 (14y) | ||
| Randall Stuart Lane | Registered representative | Jan 2013 (14y) | ||
| Craig Wayne Moncey | Registered representative | Chartered Financial Consultant | Jan 2014 (13y) | |
| Garrick George Batley | Registered representative | Jan 2014 (13y) | ||
| David Jerry Volante | Registered representative | Mar 2015 (11y) | ||
| Monte Rhae Hazelbaker | Registered representative | Jan 2016 (11y) | ||
| Sean Patrick Craig | Registered representative | May 2016 (10y) | ||
| Barbara Ann Mutsaers | Registered representative | Nov 2016 (10y) | ||
| Elizabeth Anne Meier | Registered representative | Jan 2017 (10y) | ||
| Jerry Roy Yockey | Registered representative | Apr 2017 (9y) | ||
| Teanna L Anderson | Registered representative | Aug 2018 (8y) | ||
| Gregory James Smith | Registered representative | Mar 2019 (7y) | ||
| Jason Bradley Schwieder | Registered representative | Apr 2019 (7y) | ||
| Aaron Kent Eberhart | Registered representative | Sep 2019 (7y) | ||
| Jennifer De Fries | Registered representative | Jan 2020 (7y) | ||
| Charles Thomas Brown | Registered representative | Jan 2020 (7y) | ||
| Joe David Myers | Registered representative | Mar 2020 (6y) | ||
| Garvis Kelby Owens | Registered representative | Apr 2020 (6y) | ||
| Andrew L Dejong | Registered representative | Jul 2020 (6y) | ||
| Eric G Ortiz Berrios | Registered representative | Oct 2020 (6y) | ||
| Roberto Guzman Vidal | Registered representative | Chartered Financial Consultant | Oct 2020 (6y) | |
| Jesse Dean Rupp | Registered representative | Jan 2021 (6y) | ||
| Justin Wyatt Dietrich | Registered representative | Jan 2021 (6y) | ||
| Kent David Stegeman | Registered representative | May 2021 (5y) | ||
| Jorge M Rodriguez Bonano | Registered representative | Nov 2021 (5y) | ||
| Eric M Lewis | Registered representative | Jan 2023 (4y) | ||
| Staci L Leitzinger | Registered representative | Jan 2023 (4y) | ||
| Nathan Joseph Hoebing | Registered representative | Jun 2023 (3y) | ||
| James Lee Huber | Registered representative | Jul 2023 (3y) | ||
| Jose Ivan Acosta Jordan | Registered representative | Aug 2023 (3y) | ||
| Matthew Thomas Pladers | Registered representative | Sep 2023 (3y) | ||
| Mark D Berndt | Registered representative | Feb 2024 (3y) | ||
| Charles Jordan Skemp | Registered representative | May 2024 (2y) | ||
| Stephen M Peters | Registered representative | Oct 2024 (2y) | ||
| Karen R Reynolds | Registered representative | Oct 2024 (2y) | ||
| Kevin Douglas Taylor | Registered representative | CFP | Nov 2024 (2y) | |
| Cole Closser | Registered representative | Apr 2025 (1y) | ||
| Jeffrey Michael Kuchinsky | Registered representative | CFP | May 2025 (1y) | |
| Galen Keith Unruh | Registered representative | Jun 2025 (1y) | ||
| Tyson Lanter | Registered representative | Jul 2025 (1y) | ||
| Christine Anne Rondeau | Registered representative | Jan 2026 (1y) | ||
| Jordan Michael Colbrook | Registered representative | Jan 2026 (1y) | ||
| Tad Luebbehusen | Registered representative | Mar 2026 (0y) | ||
| Robert Matthew Sweas | Registered representative | CFP | Apr 2026 (0y) | |
| Egan Franzen | Registered representative | Jun 2026 (0y) | ||
| Sinne Mutsaers | Registered representative | Jun 2026 (0y) | ||
| Tanner Aaric Bartlow | Registered representative | Jun 2026 (0y) |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (4)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| The Reese Group, Inc. 401(k) Plan | The Reese Group, Inc. | 117 | $8.0M | 01/01/2024 |
| First Express 401(k) Plan | First Express, Inc. | 90 | $4.7M | 01/01/2024 |
| Avma Life Trust, Llc 401(k) Plan | Avma Life Trust, Llc | 3,439 | $74.7M | 01/01/2024 |
| Intuitive Health 401 (K) Plan | Intuitive Health, Llc | 855 | $14.8M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/20/2026 | 1.44 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $245M (9% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 20, 2026.
View current Form ADV (SEC/IAPD) ↗