INDEPENDENT WEALTH MANAGEMENT, LLC
Adviser information for INDEPENDENT WEALTH MANAGEMENT, LLC last updated from Form ADV on January 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 5 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 510 | $150.5M |
| Non-Discretionary | 8 | $11.2M |
| Total | 518 | $161.7M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 134 | $48.9M |
| HNW Individuals | 50 | $112.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | <5 | $239,976 |
| Charitable organizations | <5 | $318,405 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 9 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesSOLICITOR FEES FOR ASSETS MANAGED BY OTHER INVESTMENT ADVISORS |
Identifiers
| SEC RIA File Number | 801-120528 |
|---|---|
| SEC ERA File Number | 801-120528 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 124242 |
| Legal Entity Identifier | None |
Principal Office
236 1/2 E. FRONT STTRAVERSE CITY
MI
United States
Monday - Friday, 8:30 A.M. TO 5:00 P.M.
Tel: 231-929-1086, Fax: 231-346-5959
Websites
Chief Compliance Officer
SCOTT HACKNEY
CHIEF COMPLIANCE OFFICER
236 1/2 E. FRONT STREET
TRAVERSE CITY
MI
United States
Tel:
231-929-1086
Fax:
231-346-5959
S************@*********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| FISHER, STEPHEN, MICHAEL | Individual | – | MANAGING MEMBER | 03/1998 | 25-50% |
| BERGER, JAY, BRANT | Individual | – | MEMBER | 02/2010 | 25-50% |
| HACKNEY, SCOTT, C | Individual | – | MEMBER, CHIEF COMPLIANCE OFFICER | 01/2009 | 25-50% |