David P. Gilliam & Associates

David P. Gilliam & Associates

David P. Gilliam & Associates was established in 1994 by its founder and namesake in Muncie, Indiana. The firm operates as an independent registered investment advisor, providing financial planning and portfolio management services primarily to individuals, high-net-worth families, and business entities in the greater East Central Indiana region. The wealth origin of the practice is entrepreneurial; it was built organically as a local advisory firm rather than spun out of a larger financial institution. The firm manages customized portfolios for its clients, with an investment approach grounded in fundamental analysis and long-term asset allocation. Asset-class coverage typically includes individual equities, fixed-income securities, and mutual funds or exchange-traded funds, with allocations tailored to each client's tax situation and retirement objectives. Geographic focus is overwhelmingly domestic, centered on Indiana and the broader Midwest. The firm's structure does not include private fund vehicles or institutional separate accounts; it functions as a traditional retail wealth management and financial planning practice. Team scale reflects the firm's local boutique nature. Public records show a small professional headcount typical of a single-office advisory, with all operations consolidated in the Muncie headquarters. The firm does not publicly disclose total assets under management, though third-party regulatory filings suggest a practice well under the SEC's $100 million threshold for large-advisor classification. No adjacent philanthropic vehicles, club-membership structures, or co-investment platforms are associated with the firm. What distinguishes David P. Gilliam & Associates structurally is its durable, single-advisor footprint in a tertiary market. In an era of rapid advisory roll-ups and private-equity aggregation of RIA platforms, the firm has remained independent and locally rooted for over three decades — a model that prioritizes stable client relationships over asset gathering or geographic expansion.