Inspire Investing, Llc
- Regulatory AUM
- $4.0B
- Discretionary
- $4.0B
- Clients
- 455
- Avg AUM / client
- $8.7M
- Accounts
- 455
- Employees
- 33
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 425 | $63.5M | 1.6% |
| High net worth individuals | 7 | $14.8M | 0.37% |
| Investment companies | 9 | $2.5B | 63.5% |
| Charitable organizations | 12 | $5.7M | 0.14% |
| Other investment advisers | 2 | $1.4B | 34.4% |
People (13)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Robert John Netzly | Ceo | Jun 2014 (12y) | ≈ 37.5% – 75% via Inspire Impact Group, Llc | |
| Aaron Douglas Moon | Chief Compliance Officer/President & Coo | CFP | Jan 2017 (10y) | Less than 5% |
| Michael Helmut Graef | Registered representative | CFP | Aug 2015 (11y) | |
| Zachary Stone | Registered representative | Sep 2021 (5y) | ||
| Timothy Nathan Schwarzenberger | Registered representative | CFA | Oct 2021 (5y) | |
| Darrell Ward Jayroe | Registered representative | CFP CFA | Mar 2023 (3y) | |
| Zachary Michael Tornquist | Registered representative | Jul 2023 (3y) | ||
| Peter San | Registered representative | Jul 2023 (3y) | ||
| William Andrew Stoner | Registered representative | Aug 2023 (3y) | ||
| Daniel Frank Mastrolonardo | Registered representative | Mar 2024 (2y) | ||
| Joshua Souza Hanna | Registered representative | Oct 2024 (2y) | ||
| Travis C Yenor | Registered representative | Oct 2024 (2y) | ||
| Ryan James Wickersham | Registered representative | Apr 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Inspire Impact Group, Llc | Member | Dec 2017 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Robert John Netzly: 50% – 75% of Inspire Impact Group, Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
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) | 03/31/2026 | 1.13 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE SEC ALLEGED THAT INSPIRE MISREPRESENTED ITS RESEARCH PROCESS, DID NOT APPLY ITS INVESTMENT CRITERIA CONSISTENTLY, INVESTED IN COMPANIES THAT SHOULD HAVE BEEN EXCLUDED BASED ON INSPIRE'S STATED INVESTMENT CRITERIA, AND HAD A RESEARCH PROCESS THAT FAILED TO PREVENT DEPARTURES FROM ITS STATED INVESTMENT CRITERIA. THE SEC FURTHER ALLEGED THAT INSPIRE ALSO FAILED TO ADOPT REASONABLY DESIGNED POLICIES AND PROCEDURES RELATED TO ITS INVESTMENT PROCESS. Status: Final Sanction Detail: RESPONDENT INSPIRE WAS ORDERED TO CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF SECTIONS 206(2) AND 206(4) OF THE ADVISERS ACT AND RULES 206(4)-1, 206(4)- 7, AND 206(4)-8 THEREUNDER, AND SECTION 34(B) OF THE INVESTMENT COMPANY ACT. INSPIRE WAS ALSO CENSURED AND ORDERED TO PAY TO THE SECURITIES AND EXCHANGE COMMISSION, A CIVIL MONEY PENALTY IN THE AMOUNT OF $300,000 WITHIN TEN (10) DAYS OF THE ENTRY OF THE ORDER. Summary: INSPIRE TIMELY MADE THE REQUIRED PAYMENT, HAS TIMELY ENGAGED AN INDEPENDENT COMPLIANCE CONSULTANT NOT UNACCEPTABLE TO THE SEC, AND IS WORKING THROUGH THE PROCESS SET FORTH IN THE ORDER.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
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 investment companies
- • Pension consulting services
- • Other services
Custody
Reported custodians
- Folio Investments, Inc. $87.3M (4% of AUM) Nov 2022
- Goldman Sachs $66.7M (2% of AUM) Mar 2026
- Charles Schwab & Co. $47.5M (1% 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 31, 2026.
View current Form ADV (SEC/IAPD) ↗