Ibn Financial Services, Inc. is a mid-sized advisory firm based in Liverpool. It manages $41.45 million of regulatory assets for 1,123 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Maryland, New Jersey, and 3 other states.
Ibn Financial Services provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ibn Financial Services, Inc. is $41.45 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Ibn Financial Services, Inc. for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Christopher R Avery is individuals with 129 clients and $31.91 million of assets under management. Among the 4 most similar advisory firms, Ibn Financial Services has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $41.45 million for 157 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.
Ibn Financial Services doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 13 percent of the employees work as investment advisers or researchers. 6 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.
Christopher R Avery has been acting as President since 1 Mar 2014. Christopher Ryan Avery joined the executive team most recently as the Chief Operations Officer.
The principal office where Ibn Financial Services, Inc. performs its advisory services is located at 404 Old Liverpool Rd, Liverpool, NY 13088 The mailing address of the firm is P.O. Box 2365, Liverpool, NY 13089. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 315-652-4426 or by fax 315-652-1035. The normal business hours are 9am to 4pm on Monday - Friday. You can find more information about the New York firm at ibrokernet.com.