Intelligence Driven Advisers, LLC (Carlsbad)

Name: Intelligence Driven Advisers, LLC
Address: 6128 Innovation Way, Carlsbad, CA, 92009
Telephone: (888) 401-2083

Intelligence Driven Advisers, LLC is a large advisory firm based in Carlsbad. It manages $536.32 million of regulatory assets for 2,461 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, Arizona, California, and 13 other states.

Intelligence Driven Advisers provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Intelligence Driven Advisers: assets under management

The assets under management (AUM) of Intelligence Driven Advisers, LLC is $536.32 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $1.54 million of the total AUM is attributable to clients outside of the United States.

The firm manages $536.32 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $217.93 thousand each.

Intelligence Driven Advisers has custody of $125.23 million in cash and securities for 402 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 84% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Intelligence Driven Advisers, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jason Richard Labrum 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 Jason Richard Labrum is high net worth individuals with 168 clients and $301.86 million of assets under management. Among the 8 most similar advisory firms, Intelligence Driven Advisers has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $487.69 million for 1,040 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.

Intelligence Driven Advisers doesn't advise any private funds.

Careers at Intelligence Driven Advisers, LLC

The company employs 19 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jason Richard Labrum has been acting as President since 1 Nov 2018. James Anthony Pupillo joined the executive team most recently as the Minority Owner; Board Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Labrum Wealth Management	Majority owner	1 Nov 2018	75% - 100%	150734
Jason Richard Labrum	President	1 Nov 2018	Other	3129980
Jordie Elizabeth Czapinski	Chief compliance officer	1 Nov 2018	Other	5304232
Alex Klingensmith	Chief operating officer	1 Nov 2018	Other	5976863
Llc Ldintelligence Advisors	Minority owner	1 Nov 2018	Other	36-4862411
James Anthony Pupillo	Minority owner; board member	1 Mar 2019	Other	1714650

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jason Richard Labrum	President	1 Jun 2009	75% - 100%	3129980
Ldintelligence Llc	Manager	1 Mar 2017	75% - 100%	288253
James Anthony Pupillo	Managing member	1 May 2017	50% - 75%	1714650

Based in Carlsbad

The principal office where Intelligence Driven Advisers, LLC performs its advisory services is located at 6128 Innovation Way, Carlsbad, CA 92009, which is also the mailing address of the firm. An additional office of the firm is in Scottsdale, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (888) 401-2083. The normal business hours are 6:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at plus.google.com/110642924824556661527.