Icg Advisors, LLC is a large advisory firm based in Los Angeles. It manages $4.71 billion of regulatory assets for 77 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California and New York.
Icg Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and administrative 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.
The assets under management (AUM) of Icg Advisors, LLC is $4.71 billion. The firm's AUM has grown by 67% since the beginning of its operation, and $55.75 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Icg Advisors, LLC for their services and products based on a percentage of assets under management and performance-based 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.
The firm provides services to charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Blenner H Jonathan is high net worth individuals with 65 clients and $3.46 billion of assets under management. Among the 11 most similar advisory firms, Icg Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $4.69 billion for 76 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.
Icg Advisors also advises several private funds. Namely, two hedge funds, one real estate fund, and three other private funds. The minimum investment commitment required of non-related persons ranges from $38,500 to $5,000,000.
The company employs 20 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There are 2 people 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.
Blenner H Jonathan has been acting as President since 1 Jan 2009. Allison Virginia Petchenick joined the executive team most recently as the Chief Compliance Officer.
The principal office where Icg Advisors, LLC performs its advisory services is located at 11111 Santa Monica Boulevard, Los Angeles, CA 90025, 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 424-270-8900 or by fax 424-270-8921. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at icgadvisors.com.