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Inverness Investment Group, LLC (Cleveland)


Inverness Investment Group, LLC is a large advisory firm based in Cleveland. It manages $431.19 million of regulatory assets for 310 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Florida, Illinois, New York, Ohio, and Pennsylvania.

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Inverness Investment Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Inverness Investment Group: assets under management

The assets under management (AUM) of Inverness Investment Group, LLC is $431.19 million. The firm's AUM has grown by 544% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $402.74 million in discretionary accounts and $28.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.39 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.35 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Inverness Investment Group, LLC for their services and products based on a percentage of assets under management and fixed fees. 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.

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Richard Beck Renner Member/principal 1 Sep 2009 25% - 50% 1553346
John Gregory Bartels Owner 1 Sep 2009 75% - 100% 2780646
Inc. Independent Advisors Member 1 Sep 2009 25% - 50% 34-1864186
Inc. Ancora Holdings Owner 1 Dec 2015 75% - 100% 81-0971177

Based in Cleveland

The principal office where Inverness Investment Group, LLC performs its advisory services is located at One Chagrin Highlands,, Cleveland, OH 44122, 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 216-839-5130 or by fax 216-839-5131. The normal business hours are 8-6pm on Monday - Friday. You can find more information about the New York firm at invernesswealth.com.


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