Integrated Advisors Network, LLC is a fee-based firm located in Palos Verdes Estates, California. The firm manages more than $1.47 billion in assets and employs 79 advisors. The vast majority of the clients at IAN are non-high-net-worth individuals, though some high-net-worth investors are also on the client rolls. Institutional clients include pension and profit sharing plans, charitable organizations and corporations.
It’s worth noting that IAN is not an independent advisory shop, but rather a network of advisors. This review describes the network, but each individual advisor and their firm may have different rules, fees and programs. There are dozens of other names associated with IAN.
Integrated Advisors Network, LLC Background
IAN was founded in 2014. The principal owners are Jeff Groves, who owns 43% of the firm; Linda Pix, who owns 17%; and Michael Young, who owns 40%.
IAN does not provide a list of financial advisor certifications earned by the firm’s advisors.
Integrated Advisors Network, LLC Client Types and Minimum Account Sizes
Clients at IAN include individuals (mostly non-high-net-worth), pension and profit sharing plans, charitable organizations and corporations.
The minimum account size at the firm is $50,000.
Services Offered by Integrated Advisors Network, LLC
A variety of services are available at IAC. This includes both investment advisory services and financial planning services. Included in the financial planning umbrella are net worth statements, cash flow statements, retirement account reviews, retirement planning, estate planning, strategic tax planning, education planning and insurance review.
Integrated Advisors Network, LLC Investment Philosophy
Advisors at IAN employ various strategies and choices with client money. The primary way advisors at the firm make choices for clients is though strategic asset allocation. This is achieved through investing in passively managed index funds and exchange-traded funds as the core of a portfolio, and filling in actively-managed funds where opportunities are seen.
Long-term purchases, short-term purchases, short sales and margin transactions are all used.
Fees at Integrated Advisors Network, LLC
There is no set fee structure at IAN, but it is generally capped at 2.95% of assets under management. There are no performance-based fees at the firm.
Though the firm itself is not a broker-dealer, some advisors employed there are also registered as broker-dealers and may earn commissions for selling securities. This is a conflict of interest, explained in full below.
What to Watch Out For
As mentioned above, some advisors at IAN can earn commissions selling securities. This is a conflict of interest, as advisors may be incentivized to make choices that earn them higher commissions rather than what is best for their client. When acting as an advisor, though, all advisors still must act in the best interests of the client.
There are no disclosures on the record at IAN.
Opening an Account with Integrated Advisors Network
As stated in the introduction, IAN is a network of advisors, so generally customers don’t deal directly with the firm. Still, for information on the network or for help connecting with one of their advisors, call (855) 729-4222 or email email@example.com
Tips for Improving Your Investment Strategy
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- One of the best ways to invest is to use a workplace retirement plan. If you have access to a 401(k) or other workplace plan, make sure you are taking full advantage of it.