Advisor at State Farm Investment Management
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Firm
State Farm Investment Management
Location
Bloomington, IL 61710
Credentials
CFA®, ChFC®, Series 63
Industry experience
26 years
Terrence Ludwig is a CFA® and ChFC® credentialed financial advisor with 26 years of industry experience. He has been with State Farm Investment Management and related State Farm entities since 2001. State Farm Investment Management Corp. provides discretionary investment management through centrally designed model portfolios and serves as adviser and portfolio manager for the State Farm Funds. The firm manages accounts on a discretionary basis using a mix of low-cost ETFs and select actively managed mutual funds, offering services through a retail wrap-fee program supported by a broad network of investment adviser representatives.
Based on State Farm Investment Management
$15,000 - $99,999: 1.25% $100,000 - $499,999: 1.00% $500,000 - $999,999: 0.75% $1,000,000 - $9,999,999: 0.50%
Account minimum: $15,000 Minimum fee: Minimum quarterly Advisory Fee of $45 for accounts below $15,000; $18.75 minimum for accounts qualifying for lowest advisory fee
1 State Farm Plaza
Bloomington, IL 61710
Illinois · New Mexico · Ohio · South Dakota · Texas
State Farm Mutual Automobile Insurance Company
2022 - Present (4 years)
State Farm VP Management Corp.
2022 - Present (4 years)
State Farm Investment Management
2022 - Present (4 years)
State Farm Investment Management Corp
2018 - Present (8 years)
State Farm Insurance
2018 - 2022 (4 years)
State Farm Health Insurance Company
2018 - Present (8 years)
State Farm Life and Accident Assurance Company
2018 - Present (8 years)
State Farm Life Insurance Company
2018 - Present (8 years)
State Farm Variable Product Trusts
2018 - 2022 (4 years)
State Farm VP Management Corp.
2018 - 2022 (4 years)
State Farm Associates' Fund Trust
2018 - 2022 (4 years)
State Farm Investment Management
2018 - 2022 (4 years)
State Farm Mutual Fund Trusts
2018 - 2019 (1 year)
State Farm Insurance
2018 - 2018 (1 year)
State Farm Associates' Fund Trusts
2016 - 2018 (2 years)
State Farm Mutual Fund Trusts
2016 - 2018 (2 years)
State Farm Investment Management
2016 - 2018 (2 years)
State Farm VP Management Corp.
2016 - 2018 (2 years)
State Farm Variable Product Trusts
2016 - 2018 (2 years)
STATE FARM INSURANCE
2012 - 2018 (6 years)
State Farm VP management Corp.
2001 - Present (25 years)
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
CFP®
Normal, IL
DLW Planning Inc.
CFP®, Series 63, Series 65
Normal, IL
Smith CFP, Karyn
CFA®
Bloomington, IL
Elliott Capital Management, Inc.
Series 65
Le Roy, IL
BD MGMT LLC D.B.A "Blue Jean Wealth Management"
CFP®, Series 66
Bloomington, IL
Kraft Financial, LLC
Series 66
Bloomington, IL
ARK Advisors LLC
Not sure where to start?
We'll help you think it through – whether you ultimately need an advisor or not.
Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.
By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")