The Investment Counsel Company Of Nevada (Las Vegas)

Name: The Investment Counsel Company Of Nevada
Address: 10000 W. Charleston Blvd., Las Vegas, NV, 89135
Telephone: 702-871-8510

The Investment Counsel Company Of Nevada is a large advisory firm based in Las Vegas. It manages $871.62 million of regulatory assets for 926 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Idaho, Louisiana, and 3 other states.

The Investment Counsel Company Of Nevada provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Investment Counsel Company Of Nevada: assets under management

The assets under management (AUM) of The Investment Counsel Company Of Nevada is $871.62 million. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $776.85 million in discretionary accounts and $94.77 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $999.8 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $636.07 thousand.

The Investment Counsel Company Of Nevada has custody of $205.33 million in cash and securities for 137 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 77% of the total AUM. The second-largest asset type is state and local bonds, which make up 10% of the firm’s portfolio. Investments in pooled investment vehicles form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Investment Counsel Company Of Nevada for their services and products based on a percentage of assets under management 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 Staci Roberts Garcia serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Staci Roberts Garcia is high net worth individuals with 187 clients and $804.7 million of assets under management. Among the 13 most similar advisory firms, The Investment Counsel Company Of Nevada has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $871.02 million for 257 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.

The Investment Counsel Company Of Nevada doesn't advise any private funds.

Careers at The Investment Counsel Company Of Nevada

The company employs 15 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 4 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.

Staci Roberts Garcia has been acting as President since 1 Feb 1987. Michelle Morris Konstantarakis joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Randy Anthony Garcia	Chief executive officer	1 Feb 1987	Other	862041
Staci Roberts Garcia	Director	1 Feb 1987	Other	xxx-xx-xxxx
Randy A. Garcia & Staci R. Garcia Ttees Garcia Family Trust Dtd 8/29/91	Trust	1 Oct 1993	75% - 100%	53-0529391
Wilhamina Kathleen Ropero Parker	President / chief compliance officer	1 Aug 1996	Other	2908023
Diane Marilyn Peck	Chief compliance officer/ chief operating officer	1 Feb 2012	Other	4518073
Michelle Morris Konstantarakis	Chief compliance officer	1 Jun 2013	Other	4672736

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Randy Anthony Garcia	Co-trustee	1 Aug 1991	50% - 75%	862041
Staci Roberts Garcia	Co-trustee	1 Aug 1991	50% - 75%	4348357

Based in Las Vegas

The principal office where The Investment Counsel Company Of Nevada performs its advisory services is located at 10000 W. Charleston Blvd., Las Vegas, NV 89135, 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 702-871-8510 or by fax 702-871-4052. The normal business hours are 6:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at iccnv.com.