Investar Inc (Salt Lake City)

Investar Inc is a large advisory firm based in Salt Lake City. It manages $39.95 million of regulatory assets for 132 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Utah.

Investar provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Investar: assets under management

The assets under management (AUM) of Investar Inc is $39.95 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $39.07 million in discretionary accounts and $877.13 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $305.25 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $219.28 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Investar Inc for their services and products based on a percentage of assets under management. 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.

Careers at Investar Inc

Leon Lee Newcomb has been acting as President since 1 Jun 1996.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Taft Budge	Chief executive officer	1 Jun 1996	50% - 75%	1262979
Leon Lee Newcomb	President	1 Jun 1996	50% - 75%	1769784

Based in Salt Lake City

The principal office where Investar Inc performs its advisory services is located at 370 East South Temple,Suite 240, Salt Lake City, UT 84111, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.