Integrated Advisors Network LLC (Palos Verdes Estates)

Name: Integrated Advisors Network LLC
Address: 75 Malaga Cove Plaza, Palos Verdes Estates, CA, 90274
Telephone: 855-729-4222

Integrated Advisors Network LLC is a large advisory firm based in Palos Verdes Estates. It manages $1.02 billion of regulatory assets for 5,233 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Arizona, California, and 21 other states.

Integrated Advisors Network provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Integrated Advisors Network: assets under management

The assets under management (AUM) of Integrated Advisors Network LLC is $1.02 billion. The firm's AUM has grown by 659% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1 billion in discretionary accounts and $20.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $191.95 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.47 million.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is investment and business development companies, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Integrated Advisors Network LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Integrated Advisors Network serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Integrated Advisors Network is high net worth individuals with 447 clients and $578.15 million of assets under management. Among the 7 most similar advisory firms, Integrated Advisors Network has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.02 billion for 2,642 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Integrated Advisors Network doesn't advise any private funds.

Careers at Integrated Advisors Network LLC

The company employs 57 people that are either part- or full-time employees. 95 percent of the employees work as investment advisers or researchers. 54 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Complianceworks Inc.	Manager	1 Jun 2007	25% - 50%	26-0345432
Jeffrey James Groves	Managing member / chief compliance officer	1 May 2014	Other	2252184
Complianceworks Inc.	Manager	1 May 2014	50% - 75%	26-0345432
Linda Michelle Pix	Chief operating officer/member	1 Dec 2014	25% - 50%	2162592
Tracy Cara Fitzpatrick	Chief marketing officer/member	1 Dec 2014	Other	6482287
Michael Allen Young	Chief compliance officer	1 Jun 2015	Other	2408324
Jeffrey Scott Cannizzaro	Chief compliance officer	1 Jan 2016	Other	2386193
Sharon Marla Goldberg	Chief compliance officer	1 Dec 2016	Other	3103791

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey James Groves	President	1 Jun 2007	75% - 100%	2252184

Based in Palos Verdes Estates

The principal office where Integrated Advisors Network LLC performs its advisory services is located at 75 Malaga Cove Plaza, Palos Verdes Estates, CA 90274 The mailing address of the firm is P.O. Box 6, Palos Verdes Estates, CA 90274. An additional office of the firm is in Rancho Santa Fe, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 855-729-4222 or by fax 888-474-3767. The normal business hours are call for appt on Monday - Friday. You can find more information about the New York firm at integratedadvisorsnetwork.com.