Advisory Business
FIRM INFORMATION
Trail Ridge Investment Advisors, LLC (“TRIA,” “we,” “us,” “our”), a limited liability company,
became a registered investment advisory firm in 2016.
PRINCIPAL OWNERS
TRIA is owned and controlled by Trail Ridge Wealth Management, Inc. David Chadwick Jones, Jef-
frey B. Kadavy, Mark K. Kerwood, Peter B. Loritz, and Jacqueline C. Zipser own and control Trail
Ridge Wealth Management, Inc. Jeffrey B. Kadavy services as the Chief Compliance Officer of TRIA.
INVESTMENT ADVISORY SERVICES
Portfolio Management
TRIA offers ongoing portfolio management services based on the individual goals, objectives, time
horizon, and risk tolerance of each client. TRIA creates an Investment Policy Statement for each
client, which outlines the client’s current situation (income, tax levels, and risk tolerance levels)
and then constructs a plan to aid in the selection of a portfolio that matches each client's specific
situation. Portfolio management services include, but are not limited to, the following:
• Determine investment strategy • Tailor a personal investment policy
• Asset allocation • Asset selection
• Assessment of risk tolerance • Regular portfolio monitoring
TRIA evaluates the current investments of each client with respect to their risk tolerance levels
and time horizon. Risk tolerance levels are documented in the Investment Policy Statement, which
is given to each client. TRIA will require discretionary authority from portfolio management clients
in order to select securities and execute transactions without permission from the client prior to
each transaction. However, TRIA may present private investment opportunities to clients who are
self-described “accredited investors.” In such cases, clients will determine whether to invest, how
much to invest and from which account(s) they will invest.
TRIA seeks to make investment decisions in accordance with the fiduciary duties owed to its ac-
counts and without consideration of TRIA’s economic, investment, or other financial interests. To
meet its fiduciary obligations, TRIA attempts to avoid, among other things, investment or trading
practices that systematically advantage or disadvantage certain client portfolios, and accordingly,
TRIA’s policy is to seek fair and equitable allocation of investment opportunities/transactions
among its clients to avoid favoring one client over another over time. It is TRIA’s policy to allocate
investment opportunities and transactions it identifies as being appropriate and prudent, includ-
ing initial public offerings ("IPOs") and other investment opportunities that
might have a limited
supply among its clients on a fair and equitable basis over time.
5
Financial Planning
We provide various financial planning services that help you understand your overall financial
situation and help you set financial objectives. We accomplish this by helping you review your
financial goals, tax planning strategies, asset allocation, risk management, retirement planning,
and other areas and objectives. We provide our financial planning services on either an hourly
basis or through an ongoing financial advice subscription. Generally, financial planning provided
on an hourly basis will include preparing a comprehensive written financial plan. Ongoing financial
advice subscriptions, however, do not necessarily include preparation of a comprehensive written
financial plan but rather include “on-call advice,” where an advisor answers a client’s financial
questions as they arise on an ongoing basis.
SERVICES LIMITED TO SPECIFIC TYPES OF INVESTMENTS
TRIA generally limits its investment advice to mutual funds, fixed income securities, exchange-
traded REITs, insurance products, including annuities, equities, ETFs (including ETFs in the digital
assets, commodities, and precious metal sectors), treasury inflation protected/inflation-linked
bonds, and non-U.S. securities. TRIA will provide investment advice regarding exchange-traded
REITs and annuities; it may invest in exchange-traded REITs for client portfolios but will not invest
in annuities. Other securities may also be used to help diversify a portfolio when applicable.
TRIA will tailor a program for each individual client. This will include an interview session to get to
know the client’s specific needs and requirements, as well as a plan that will be executed by TRIA
on behalf of the client. TRIA may use “model allocations” together with a specific set of recom-
mendations for each client based on their personal restrictions, needs, and targets. Clients may
impose restrictions on investing in certain securities or types of securities in accordance with their
values or beliefs, which restrictions will be documented in the Investment Policy Statement. How-
ever, if the restrictions prevent TRIA from properly servicing the client account, or if the re-
strictions would require TRIA to deviate from its standard suite of services, TRIA reserves the right
to end the relationship.
WRAP FEE PROGRAMS
TRIA does not participate in or offer wrap fee programs.
ASSETS UNDER MANAGEMENT
As of December 31, 2023, TRIA managed $244,919,838 on a discretionary basis and $5,007,711
on a non-discretionary basis.