Acropolis Investment Management, L.L.C.
SEC-registered
Wealth Manager · Mid-sized ($1B–$10B)
CRD 121307
· SEC file 801-61444
· Chesterfield, MO
· WWW.ACRLP.COM
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ADV data as of Mar 26, 2026
- Regulatory AUM
- $2.6B
- Discretionary
- $2.6B
- Clients
- 1,045
- Avg AUM / client
- $2.5M
- Accounts
- 3,984
- Employees
- 44
AUM over time
$748M
$2.6B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 26, 2026
Investments (13F portfolio — 384 positions, $2,535,024,566)
13F period Jun 30, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Vanguard Index Fds | S&P 500 ETF SHS | $390,638,844 | 568,773 | 15.4% | 15.0% |
| 2 | Vanguard Tax Managed Fds | VAN FTSE DEV MKT | $197,649,165 | 2,774,023 | 7.8% | 7.57% |
| 3 | Dimensional Etf Trust | CORE FIXE IN ETF | $171,612,508 | 4,065,684 | 6.77% | 6.57% |
| 4 | Vanguard Scottsdale Fds | INTER TERM TREAS | $162,581,289 | 2,756,549 | 6.41% | 6.22% |
| 5 | Ishares Tr | CORE S&P SCP ETF | $146,055,925 | 984,802 | 5.76% | 5.59% |
| 6 | Ishares Tr | CORE S&P MCP ETF | $133,235,502 | 1,727,863 | 5.26% | 5.1% |
| 7 | Ishares Tr | ISHS 5-10YR INVT | $119,511,579 | 2,247,726 | 4.71% | 4.57% |
| 8 | J P Morgan Exchange Traded F | MORTGAGE BACKED | $105,487,253 | 2,081,437 | 4.16% | 4.04% |
| 9 | Ishares Tr | US SML CAP EQT | $87,591,999 | 982,634 | 3.46% | 3.35% |
| 10 | Vanguard Intl Equity Index F | FTSE EMR MKT ETF | $60,630,341 | 1,015,754 | 2.39% | 2.32% |
| 11 | Vanguard Index Fds | LARGE CAP ETF | $56,791,917 | 165,136 | 2.24% | 2.17% |
| 12 | Ishares Tr | MSCI USA MMENTM | $47,241,037 | 137,797 | 1.86% | 1.81% |
| 13 | Vanguard Bd Index Fds | TOTAL BND MRKT | $46,695,342 | 636,090 | 1.84% | 1.79% |
| 14 | Ishares Tr | CORE MSCI EAFE | $41,452,096 | 429,200 | 1.64% | 1.59% |
| 15 | Dimensional Etf Trust | US LARG VALU ETF | $36,303,871 | 918,156 | 1.43% | 1.39% |
| 16 | Ishares Tr | MSCI INTL MOMENT | $34,142,234 | 640,207 | 1.35% | 1.31% |
| 17 | Dimensional Etf Trust | INTERNATNAL VAL | $27,544,713 | 509,898 | 1.09% | 1.05% |
| 18 | Ishares Tr | U S EQUITY FACTR | $27,129,162 | 358,709 | 1.07% | 1.04% |
| 19 | Apple Inc | COM | $25,051,038 | 86,574 | 0.99% | 0.96% |
| 20 | Vanguard Malvern Fds | CORE BD ETF | $23,028,243 | 298,167 | 0.91% | 0.88% |
| 21 | Vanguard Scottsdale Fds | SHORT TERM TREAS | $21,724,003 | 373,265 | 0.86% | 0.83% |
| 22 | American Centy Etf Tr | US EQT ETF | $21,511,165 | 167,951 | 0.85% | 0.82% |
| 23 | Ishares Tr | S&P 500 GRWT ETF | $20,473,874 | 148,868 | 0.81% | 0.78% |
| 24 | Vanguard Scottsdale Fds | MTG-BKD SECS ETF | $20,208,049 | 431,704 | 0.8% | 0.77% |
| 25 | Ishares Tr | CORE S&P500 ETF | $20,072,126 | 26,803 | 0.79% | 0.77% |
Top 25 of 384 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 401 | $215M | 8.22% |
| High net worth individuals | 636 | $2.3B | 86.7% |
| Pension and profit sharing plans | Fewer than 5 clients | $7.3M | 0.28% |
| Charitable organizations | 8 | $19.3M | 0.74% |
| Corporations and other businesses | Fewer than 5 clients | $107M | 4.11% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Nomax Group 401(k) Profit Sharing Plan Nomax, Inc. | 2024 | |
| Hok Group, Inc. 401(k) Profit Sharing Plan Hok Group, Inc. | 2024 | |
| Regional District Council Retirement Plan Board Of Trustees, Regional District Council Retirement Plan | 2024 | |
| Clarest Health 401(k) Plan Clarest Health, Llc Aka Procare Ltc Holding, Llc | 2024 | |
| J.D. Steel Co., Inc. Employee Stock Ownership Plan J.D. Steel Co., Inc. | 2024 | |
| Navvis & Company 401(k) Plan Navvis & Company | 2024 | |
| Systems Service Enterprises, Inc. Retirement Investment Plan Systems Service Enterprises, Inc. | 2024 |
People (37)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Christopher Bart Lissner | Managing Member & President | Aug 2002 (24y) | 25% – 50% | |
| Dannelle Dyan Ward | Member | CFP | Aug 2002 (24y) | 10% – 25% |
| David Baker Ott | Member & Chief Investment Officer | Aug 2002 (24y) | 25% – 50% | |
| Michael Timothy Lissner | Member | Jan 2003 (24y) | 10% – 25% | |
| Cliff J. Reynolds | Member | CFP CFA | Aug 2007 (19y) | 5% – 10% |
| Marie L Tustin | Member | CFP | Dec 2013 (13y) | 5% – 10% |
| Robert Stanley Fleming | Chief Compliance Officer | Jun 2015 (11y) | Less than 5% | |
| Stacie Renee Brost | Registered representative | May 2004 (22y) | ||
| Minjung Son | Registered representative | CFA | Jan 2005 (22y) | |
| Ryan R. Craft | Registered representative | CFA | Jan 2005 (22y) | |
| Robert J. Schramm | Registered representative | May 2005 (21y) | ||
| Sakis Sotirios Salas | Registered representative | CFP | Oct 2006 (20y) | |
| Joseph A. Kelley | Registered representative | Jun 2008 (18y) | ||
| Lauren Janus Kingsten | Registered representative | CFP | Sep 2011 (15y) | |
| Amy Jo Crews | Registered representative | Mar 2013 (13y) | ||
| Cynthia Lynn Mckillip | Registered representative | CFP | Dec 2014 (12y) | |
| Kaley Suzanne Pogrelis | Registered representative | CFP | Apr 2015 (11y) | |
| Ryanne Ashley Harmann | Registered representative | Sep 2015 (11y) | ||
| John Russell Mcclelland | Registered representative | CFP | Jun 2017 (9y) | |
| William Scott Mckillip | Registered representative | CFP | Aug 2018 (8y) | |
| Brian James Smith | Registered representative | CFP | Sep 2018 (8y) | |
| Michele Rene' Clark | Registered representative | CFP | May 2019 (7y) | |
| Bradley A Combs | Registered representative | CFP | Jul 2019 (7y) | |
| Christian Edward Wagner | Registered representative | CFP | Dec 2019 (7y) | |
| Amanda Mertens | Registered representative | Oct 2020 (6y) | ||
| Andrea Levinson | Registered representative | Sep 2022 (4y) | ||
| Nathan Alexander Ward | Registered representative | Sep 2022 (4y) | ||
| Miranda Hagar | Registered representative | Sep 2022 (4y) | ||
| Andrea T Lathrop | Registered representative | Nov 2022 (4y) | ||
| Jessica R Hendricks | Registered representative | Nov 2022 (4y) | ||
| Jennifer Orr | Registered representative | Dec 2022 (4y) | ||
| Heather Marie Burke | Registered representative | May 2023 (3y) | ||
| Nathan D Levinson | Registered representative | Jul 2024 (2y) | ||
| Jack C Carpenter | Registered representative | Nov 2024 (2y) | ||
| Alex M Umble | Registered representative | Dec 2024 (2y) | ||
| Matthew Adrignola | Registered representative | May 2025 (1y) | ||
| Rebecca L Dollens | Registered representative | Jun 2026 (0y) |
Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.
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.
Retirement plans served (7)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Nomax Group 401(k) Profit Sharing Plan | Nomax, Inc. | 162 | $15.8M | 01/01/2024 |
| Hok Group, Inc. 401(k) Profit Sharing Plan | Hok Group, Inc. | 1,414 | $362M | 01/01/2024 |
| Regional District Council Retirement Plan | Board Of Trustees, Regional District Council Retirement Plan | 2,031 | $53.6M | 01/01/2024 |
| Clarest Health 401(k) Plan | Clarest Health, Llc Aka Procare Ltc Holding, Llc | 1,711 | $66.6M | 01/01/2024 |
| J.D. Steel Co., Inc. Employee Stock Ownership Plan | J.D. Steel Co., Inc. | 161 | $49.4M | 01/01/2024 |
| Navvis & Company 401(k) Plan | Navvis & Company | 237 | $27.4M | 01/01/2024 |
| Systems Service Enterprises, Inc. Retirement Investment Plan | Systems Service Enterprises, Inc. | 158 | $7.3M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 1.02 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Publication of periodicals or newsletters
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $1.4B (53% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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 26, 2026.
View current Form ADV (SEC/IAPD) ↗