Icw Investment Advisors, LLC (Scottsdale)

Name: Icw Investment Advisors, LLC
Address: 16427 North Scottsdale Road, Scottsdale, AZ, 85254 1595
Telephone: 480-951-2900

Icw Investment Advisors, LLC is a large advisory firm based in Scottsdale. It manages $162.2 million of regulatory assets for 222 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, Delaware, Florida, Louisiana, and Texas.

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

Icw Investment Advisors: assets under management

The assets under management (AUM) of Icw Investment Advisors, LLC is $162.2 million. The firm's AUM has grown by 71% since the beginning of its operation, and $300 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $160.6 million in discretionary accounts and $1.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $733.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $533.33 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is investment and business development companies, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Icw Investment Advisors, 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 Icw Investment Advisors serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Icw Investment Advisors is high net worth individuals with 53 clients and $147.1 million of assets under management. Among the 12 most similar advisory firms, Icw Investment Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $162.2 million for 74 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Icw Investment Advisors doesn't advise any private funds.

Careers at Icw Investment Advisors, LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 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.

Philip David Drake has served as the Chief Investment Officer since 1 Aug 2005. Jennifer Jill Rossi joined the executive team most recently as the Vice President, Chief Administrative Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Adam Bernstein	Managing member / chief compliance officer	1 May 2005	75% - 100%	2531346
Gerald Francis Bernard	Member / chief compliance officer	1 Jul 2005	50% - 75%	5004614
Frederick Hilary Goldinov	Member	1 Jul 2005	50% - 75%	1398341
Vincent Harl Rossi	President, chief compliance officer, chief investment officer	1 Aug 2005	75% - 100%	1201864
Philip David Drake	Chief investment officer	1 Aug 2005	Other	4841681
Coleen Mary Rossi	Member	1 Aug 2005	50% - 75%	5014159
Frederick Hilary Goldinov	Chief compliance officer / chief operating officer	1 Dec 2006	Other	1398341
Jennifer Jill Vamvakias	Member	1 Mar 2009	Other	5657858
Jennifer Jill Rossi	Member	1 Mar 2009	Other	5657858
Jillian Suzanne Carlson	Chief compliance officer	1 Jan 2017	Other	6777195
Jennifer Jill Rossi	Vice president, chief administrative officer	1 Feb 2019	Other	5657858

Based in Scottsdale

The principal office where Icw Investment Advisors, LLC performs its advisory services is located at 16427 North Scottsdale Road, Scottsdale, AZ 85254 1595, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 480-951-2900 or by fax 480-951-2922. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at intelligentcapitalworks.com.