INDEPENDENT FINANCIAL GROUP, LLC
Adviser information for INDEPENDENT FINANCIAL GROUP, LLC last updated from Form ADV on March 29th, 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 | Delaware, United States |
Employees
| Total Number of Employees | 626 |
|---|---|
| Investment Advisory/Research | 444 |
| Registered Broker-Dealer Representatives | 519 |
| Registered State Investment Advisers | 503 |
| Licensed Agents of an Insurance Company | 499 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 29,367 | $5.7B |
| Non-Discretionary | 1,002 | $1.0B |
| Total | 30,369 | $6.8B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 28,951 | $4.8B |
| HNW Individuals | 835 | $1.7B |
| Banking or thrift institutions | <5 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 364 | $151.7M |
| Charitable organizations | 52 | $28.4M |
| State or municipal gov entities | <5 | $0 |
| Other investment advisers | <5 | $0 |
| Insurance companies | <5 | $0 |
| Sovereign wealth funds and foreign official institutions | <5 | $0 |
| Corporations or other businesses | 167 | $36.8M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 270 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesCommissions |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 3.1B |
| Portfolio Manager | 0 |
| Both for Same | 0 |
Identifiers
| SEC RIA File Number | 801-62667 |
|---|---|
| SEC ERA File Number | 801-62667 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 7717 |
| Legal Entity Identifier | None |
Principal Office
12671 HIGH BLUFF DRSUITE 200
SAN DIEGO
CA
United States
Monday - Friday, 8:00AM TO 5:00PM
Tel: 858-436-3180, Fax: 858-481-9033
Websites
Chief Compliance Officer
TRAVIS L BATOR
CCO
12671 HIGH BLUFF DRIVE
SUITE 200
SAN DIEGO
CA
United States
Tel:
800 269 1903
Fax:
858-481-9033
T*****@********M
(Full email address available in API data)
Regulatory Contact
SARAH KREISMAN
LEGAL COUNSEL
12671 HIGH BLUFF DRIVE
SUITE 200
SAN DIEGO
CA
United States
Tel:
858-436-3180
Fax:
858-481-9033
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 |
|---|---|---|---|---|---|
| INDEPENDENT FINANCIAL GROUP, INC. | Domestic Entity | – | OWNER | 12/2003 | > 75% |
| HEISING, SCOTT ALLEN | Individual | – | CHIEF EXECUTIVE OFFICER/ MANAGING DIRECTOR/CHIEF FINANCIAL OFFICER/FINOP | 04/2003 | < 5% |
| FISCHER, DAVID ALLEN | Individual | – | MANAGING DIRECTOR | 10/2005 | < 5% |
| PEARSON, TROY DALE | Individual | – | ROSFP | 06/2004 | < 5% |
| KREISMAN, SARAH JILL | Individual | – | CHIEF LEGAL COUNSEL/VP, COMPLIANCE, | 06/2018 | < 5% |
| THE FISCHER FAMILY TRUST - REVOCABLE | Domestic Entity | INDEPENDENT FINACIAL GROUP, INC - SHAREHOLDER | SHAREHOLDER | 05/2022 | 25-50% |
| FISCHER, DAVID ALLEN | Individual | THE FISCHER FAMILY TRUST | TRUSTEE | 05/2022 | 25-50% |
| THE HEISING FAMILY TRUST - REVOCABLE | Domestic Entity | INDEPENDENT FINACIAL GROUP, INC - SHAREHOLDER | SHAREHOLDER | 05/2022 | 25-50% |
| HEISING, SCOTT ALLEN | Individual | THE HEISING FAMILY TRUST | TRUSTEE | 05/2022 | 25-50% |
| BATOR, TRAVIS LEIGH | Individual | – | CCO BROKERAGE & ADVISORY | 08/2023 | < 5% |