Triad Investment Management, Llc
- Regulatory AUM
- $120M
- Discretionary
- $120M
- Clients
- 45
- Avg AUM / client
- $2.7M
- Accounts
- 98
- Employees
- 2
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jun 16, 2026
Investments (13F portfolio — 36 positions, $84,687,023)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Alphabet Inc | CAP STK CL C | $5,746,093 | 20,031 | 6.79% | 4.81% |
| 2 | White Mtns Ins Group Ltd | COM | $5,520,521 | 2,513 | 6.52% | 4.62% |
| 3 | Roper Technologies Inc | COM | $4,878,397 | 13,786 | 5.76% | 4.08% |
| 4 | Brown & Brown Inc | COM | $4,622,413 | 70,885 | 5.46% | 3.87% |
| 5 | Visa Inc | COM CL A | $4,328,373 | 14,321 | 5.11% | 3.62% |
| 6 | Danaher Corp Del | COM | $4,123,421 | 21,748 | 4.87% | 3.45% |
| 7 | Macerich Co | COM | $3,910,712 | 206,916 | 4.62% | 3.27% |
| 8 | Vanguard Scottsdale Fds | SHORT TERM TREAS | $3,896,551 | 66,562 | 4.6% | 3.26% |
| 9 | Thor Inds Inc | COM | $3,739,823 | 46,812 | 4.42% | 3.13% |
| 10 | Gartner Inc | COM | $3,737,190 | 23,602 | 4.41% | 3.13% |
| 11 | Mediaalpha Inc | CL A | $3,104,935 | 333,864 | 3.67% | 2.6% |
| 12 | Asml Hldg Nv | N Y REGISTRY SHS | $3,103,951 | 2,350 | 3.67% | 2.6% |
| 13 | Cdw Corp | COM | $3,071,913 | 25,384 | 3.63% | 2.57% |
| 14 | Fiserv Inc | COM | $2,902,214 | 52,011 | 3.43% | 2.43% |
| 15 | Intuit | COM | $2,653,948 | 6,138 | 3.13% | 2.22% |
| 16 | Simplify Exchange Traded Fun | MBS ETF | $2,563,462 | 51,829 | 3.03% | 2.14% |
| 17 | Heico Corp New | CL A | $2,559,677 | 12,126 | 3.02% | 2.14% |
| 18 | Nxp Semiconductors N V | COM | $2,394,605 | 12,164 | 2.83% | 2.0% |
| 19 | Oaktree Specialty Lending | COM | $2,229,828 | 197,330 | 2.63% | 1.87% |
| 20 | Berkshire Hathaway Inc Del | CL B NEW | $1,857,379 | 3,876 | 2.19% | 1.55% |
| 21 | Slr Investment Corp | COM | $1,800,405 | 125,814 | 2.13% | 1.51% |
| 22 | S&P Global Inc | COM | $1,544,835 | 3,632 | 1.82% | 1.29% |
| 23 | Hercules Capital Inc | COM | $1,544,401 | 104,563 | 1.82% | 1.29% |
| 24 | Blackrock Etf Trust Ii | ISHARES FLEXIBLE | $1,517,031 | 29,213 | 1.79% | 1.27% |
| 25 | American Express Co | COM | $1,299,454 | 4,296 | 1.53% | 1.09% |
Top 25 of 36 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) | 15 | $4.7M | 3.95% |
| High net worth individuals | 25 | $103M | 86.3% |
| Charitable organizations | Fewer than 5 clients | $347K | 0.29% |
| Corporations and other businesses | 5 | $11.3M | 9.45% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| John Edward Heldman | Trustee Of The Heldman Family Trust U/A 6/16/2011 | CFA | Feb 2008 (19y) | Less than 5% |
| David Michael Hutchison | Chief Compliance Officer | CFA | Mar 2015 (11y) | Less than 5% |
| Hutchison, Brooke, Gilmour | Trustee Of The David And Brooke Hutchison Family Trust Established July 25, 2018 | Jul 2018 (8y) | GP / trustee / elected manager of The David And Brooke Hutchison Family Trust Established July 25, 2018 (indirect) | |
| Heldman, Tonina, Alexandra | Trustee Of The Heldman Family Trust U/A 6/16/2011 | Sep 2019 (7y) | GP / trustee / elected manager of Heldman Family Trust U/A 6/16/2011 (indirect) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Heldman Family Trust U/A 6/16/2011 | Managing Member | Sep 2019 | A | 75% or more |
| The David And Brooke Hutchison Family Trust Established July 25, 2018 | Member | Jul 2018 | A | 10% – 25% |
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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/16/2026 | 1.21 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
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- National Financial Services (Fidelity) $120M (100% of AUM) Jun 2026
- Wells Fargo $27.8M (22% of AUM) Apr 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: Jun 16, 2026.
View current Form ADV (SEC/IAPD) ↗