Intervest Ltd (Chevy Chase)

Name: Intervest Ltd
Address: 2 Wisconsin Circle, Chevy Chase, MD, 20815 7040
Telephone: 301-951-4455

Intervest Ltd is a large advisory firm based in Chevy Chase. It manages $117.53 million of regulatory assets for 340 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of District of Columbia, Florida, Maryland, Texas, and Virginia.

Intervest provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Intervest: assets under management

The assets under management (AUM) of Intervest Ltd is $117.53 million. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $76.3 million in discretionary accounts and $41.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $512.06 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $215.9 thousand.

Investments

The firm invests in non-exchange traded securities the most. They account for 59% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% of the firm’s portfolio. Investments in investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Intervest Ltd for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hunter Joyner Schoenfeld serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Hunter Joyner Schoenfeld is high net worth individuals with 74 clients and $97.35 million of assets under management. Among the 9 most similar advisory firms, Intervest has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $112.15 million for 136 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.

Intervest doesn't advise any private funds.

Careers at Intervest Ltd

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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.

Hunter Joyner Schoenfeld has been acting as President since 1 Jan 1999. Richard Holleman Schoenfeld joined the executive team most recently as the President, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Holleman Schoenfeld	President, chief compliance officer	1 Mar 1991	75% - 100%	1454540
Hunter Joyner Schoenfeld	Director	1 Jan 1999	Other	4337110

Based in Chevy Chase

The principal office where Intervest Ltd performs its advisory services is located at 2 Wisconsin Circle, Chevy Chase, MD 20815 7040, 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 301-951-4455 or by fax 301-652-2516. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at intervestltd.com.