A valve timing adjustment device includes: a driving rotating body that rotates with a crankshaft; a driven rotating body that rotates with a camshaft; a reduction mechanism configured to change a relative rotation phase of the driving rotating body and the driven rotating body by a driving force of an actuator; and a filter unit capable of capturing a foreign matter contained in lubricating fluid supplied into the reduction mechanism. The reduction mechanism includes: an internal gear portion having internal teeth formed inward in a radial direction, and an external gear portion having external teeth formed outward in the radial direction to mesh with the internal teeth. The driven rotating body has a supply hole penetrating in an axial direction. The filter unit has holes penetrating in the axial direction, and the holes are arranged in a flow path of the lubricating fluid connected to the supply hole.