Iqcio LLC (New York)

Name: Iqcio LLC
Address: 90 Park Avenue, New York, NY, 10016
Telephone: 914-629-7437

Iqcio LLC is an internet adviser based in New York. It manages $16.2 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.

Iqcio provides digital internet-based investment advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Iqcio: assets under management

The assets under management (AUM) of Iqcio LLC is $16.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 5300% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $16.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.1 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Iqcio LLC 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.

What kind of clients Iqcio serves?

The firm provides services to investment companies and high net worth individuals. The largest group of clients of Iqcio is investment companies with 1 clients and $16 million of assets under management. Among the 3 most similar advisory firms, Iqcio has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $16.2 million for 2 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.

Iqcio doesn't advise any private funds.

Careers at Iqcio LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Ho	Chief investment officer & chief compliance officer	1 Aug 2015	Other	4351590
Llc Rowena	Member	1 Aug 2015	Other	81-3840563
Rajeev Nedunuri	Chief operations and technology officer	1 Aug 2015	25% - 50%	5854552
Edward Eliphalet Potter	Head of client solutions	1 Jul 2016	Other	1542054
Edward Eliphalet Potter	Head of client solutions	1 Jan 2017	Other	1542054
Rajeev Nedunuri	Chief technology officer	1 Jan 2017	Other	5854552
Lasani Tech Llc	Member	1 Feb 2017	Other	81-4412671
Llc Bbfeed1	Member	1 Feb 2017	Other	45-4643701

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Edward Ho	Sole member	1 Apr 2015	75% - 100%	4351590
Edward Eliphalet Potter	Sole member	1 Aug 2015	75% - 100%	1542054
Rajeev Nedunuri	Sole member	1 Nov 2016	75% - 100%	5854552

Based in New York

The principal office where Iqcio LLC performs its advisory services is located at 90 Park Avenue, New York, NY 10016, 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 914-629-7437. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at iqcio.com.