Invariant Investment Management Llc
- Regulatory AUM
- $183M
- Discretionary
- $182M
- Clients
- 313
- Avg AUM / client
- $584K
- Accounts
- 762
- Employees
- 7
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jul 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 268 | $73.7M | 40.3% |
| High net worth individuals | 45 | $97.1M | 53.2% |
| Corporations and other businesses | Fewer than 5 | $11.9M | 6.51% |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| David Michael Borowsky | Chief Investment Officer, Managing Director, Member | Aug 2013 (13y) | 25% – 50% | |
| Seth William Arbogast | Chief Executive Officer, Managing Member | CFP | Aug 2013 (13y) | 25% – 50% |
| Gary Alan Smith | Chief Compliance Officer, Member | CFA | Apr 2019 (7y) | 25% – 50% |
| Jonathan Michael Turner | Managing Member | Apr 2023 (3y) | 25% – 50% | |
| Charles William Wise | Registered representative | Personal Financial Specialist | Aug 2017 (9y) | |
| Erin Lynn Fischer | Registered representative | Oct 2024 (2y) |
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) | 02/24/2026 | 1.11 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
This firm answered "yes" to a disciplinary item on its latest filing. Detailed disclosure pages for this filing have not been imported yet — see the source filing below.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- LPL Financial $171M (93% of AUM) Jul 2026
- Charles Schwab & Co. $79.3M (86% of AUM) Feb 2022
- Shareholders Service Group, Inc. $11.3M (8% of AUM) Aug 2020
- Ssg Capital Advisors, Llc $11.2M (11% of AUM) Oct 2024
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: Jul 27, 2026.
View current Form ADV (SEC/IAPD) ↗