Investment Advisors of Indianapolis Inc

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Client assets under management

$108,088,335

Clients

0% high-net worth

Advisors

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Low

Average account size

$1,743,360

About

Investment Advisors of Indianapolis, Inc. provides fee-based portfolio management and investment supervisory services to individuals, trusts, churches, self‑employed professionals, small businesses, and pension and profit‑sharing plans, and manages IRAs, rollover accounts, living trusts and custodial accounts. The firm offers both discretionary and non‑discretionary management and charges percentage‑of‑assets fees for its advisory services.

The firm follows a long-term, fundamental value-investing approach grounded in Benjamin Graham–style analysis, emphasizing intrinsic value and a margin of safety (the brochure cites target discounts in the 40–50% range). Portfolio construction relies on company-level fundamental research, a focus on shareholder‑oriented management, and consideration of client tax preferences and any written investment restrictions.

Compared with many peers, IAI is a small, owner‑managed adviser overseeing roughly $108 million across about 107 accounts as of December 31, 2025, and explicitly notes management of not‑for‑profits and churches alongside individual accounts. The firm also discloses it has no other financial industry affiliations, maintains a written Code of Ethics, uses broker relationships (including payment for research services), and generally operates under discretionary trading authority.

Client services

Portfolio management

Performance measurement and portfolio accounting

Expertise

Wealth management Income planning Retirement income strategy

Occupation focus

Self-Employed Founder/Business Owner

Fee options

Percentage

$0 - $250,000: 1.25% $250,000 - $1,000,000: 1.00% $1,000,000+: 0.75%

Other

Minimum fee: $6,000 minimum fee for institutional fixed income accounts Fee-only: Fees are based on assets under management; no commissions are charged.

Main office location

Investment Advisors of Indianapolis Inc

9302 North Meridian Street, Suite 333

Indianapolis IN 46260, United States

Number of offices

Most active in

Indiana

Disclosures

Business activities & affiliations

Is not 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.

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.

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

Website 317-574-8005

Advisors at this firm

Mark D

Series 63

Indianapolis, IN

Investment Advisors of Indianapolis Inc

Mark Durham is a financial advisor with Investment Advisors of Indianapolis, Inc., holding a Series 63 designation and 26 years of industry experience. He has been with the firm since 1990. Outside of his advisory role, he is a minority owner of Red Cobra Wrestling Academy and hosts an annual wrestling tournament each February. Investment Advisors of Indianapolis, Inc. provides fee-based portfolio management and investment supervisory services for individuals, trusts, corporate pension and profit-sharing plans, and not-for-profits including churches. The firm follows a long-term, value-oriented investment approach based on Benjamin Graham–style analysis, focusing on intrinsic value and a margin of safety when evaluating equities and fixed income.

Wealth management Income planning Retirement income strategy Self-Employed Founder/Business Owner

Jeffrey V

Series 63

Indianapolis, IN

Investment Advisors of Indianapolis Inc

Jeffrey Vogel is a financial advisor at Investment Advisors of Indianapolis Inc with 29 years of industry experience. He holds the Series 63 designation and has been with the firm since 1991. Investment Advisors of Indianapolis Inc provides fee-based portfolio management and investment supervisory services to individuals, trusts, corporate pension and profit-sharing plans, and not-for-profits including churches. The firm employs a long-term, value-oriented investment approach based on fundamental analysis and Benjamin Graham–style principles, managing approximately $106 million in assets across a small client base.

Wealth management Income planning Retirement income strategy Self-Employed Founder/Business Owner

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