Independence Fixed Income LLC (Mclean)

Name: Independence Fixed Income LLC
Address: 1650 Tysons Boulevard, Mclean, VA, 22102
Telephone: 703-749-8200

Independence Fixed Income LLC is a large advisory firm based in Mclean. It manages $6.28 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2001.

Independence Fixed Income provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Independence Fixed Income: assets under management

The assets under management (AUM) of Independence Fixed Income LLC is $6.28 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 90% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $6.28 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $392.38 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Independence Fixed Income LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

Careers at Independence Fixed Income LLC

Klaus Otto Shigley has been acting as President since 1 Sep 1995. Ronald Joseph Mchugh joined the executive team most recently as the Director/Elected Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Peter Callan	President and ceo	1 Jun 1989	Other	1918639
Klaus Otto Shigley	Director/elected manager	1 Sep 1995	Other	4341558
Gregory Peter Winn	Director/elected manager	1 May 1998	Other	2492423
Independence Investment Llc	Member	1 Jan 1999	75% - 100%	106144
Kathleen Marie Graveline	Director/elected manager	1 Jan 1999	Other	2469141
Mark Charles Lapman	Chairman, director/elected manager	1 May 2000	Other	2246840
John Michael Deciccio	Director/elected manager	1 May 2000	Other	1936163
Maureen Rudkin Ford	Director/elected manager	1 May 2001	Other	703727
Joanne Patricia Acford	Director/elected manager	1 Aug 2001	Other	4345322
Ronald Joseph Mchugh	Director/elected manager	1 Apr 2003	Other	4661945

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Hancock Subsidiaries Llc	Member	1 May 1991	75% - 100%	13-3121913
John Hancock Life Insurance Co	Member	1 May 1991	75% - 100%	107721
Inc. John Hancock Financial Services	Shareholder	1 Feb 2000	75% - 100%	04-3483032
Kathleen Marie Graveline	Director/elected manager	1 Apr 2001	Other	2469141
John Michael Deciccio	Director/elected manager	1 Apr 2001	Other	1936163
Klaus Otto Shigley	Director/elected manager	1 Apr 2001	Other	4341558
Gregory Peter Winn	Director/elected manager	1 Apr 2001	Other	2492423
Mark Charles Lapman	Director/elected manager	1 Apr 2001	Other	2246840

Based in Mclean

The principal office where Independence Fixed Income LLC performs its advisory services is located at 1650 Tysons Boulevard, Mclean, VA 22102, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 703-749-8200 or by fax 703-749-8256. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at www.independence.com.