INDEPENDENCE FINANCIAL ADVISORS, LLC
Adviser information for INDEPENDENCE FINANCIAL ADVISORS, LLC last updated from Form ADV on January 31st, 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 | SEPTEMBER |
| Legal Location | New Hampshire, United States |
Employees
| Total Number of Employees | 10 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 4 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 2,574 | $330.5M |
| Non-Discretionary | 4 | $18.7M |
| Total | 2,578 | $349.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 2,509 | $266.4M |
| HNW Individuals | 32 | $49.6M |
| 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 | 4 | $18.7M |
| Charitable organizations | 0 | $0 |
| 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 | 33 | $14.4M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1000 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsADVERTISEMENT AND SALE OF FIXED/ FIXED-INDEX ANNUITY PRODUCTS |
|---|---|
| Compensation | % of AUMHourly chargesONE-TIME PROJECT FEES |
| Other Business Activities | Insurance broker or agent |
Identifiers
| SEC RIA File Number | 801-81025 |
|---|---|
| SEC ERA File Number | 801-81025 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 156305 |
| Legal Entity Identifier | None |
Principal Office
402 CENTRAL STREETFRANKLIN
NH
United States
Monday - Friday, 8 A.M TO 5 P.M.
Tel: 603-934-4445, Fax: 603-934-1429
Websites
Chief Compliance Officer
MICHAEL F. VENTURA
PRESIDENT AND CEO
402 CENTRAL STREET
FRANKLIN
NH
United States
Tel:
603-934-8373
Fax:
603-934-1429
V******@*********M
(Full email address available in API data)
Regulatory Contact
RYAN SMITH
4250 NORTH FAIRFAX DRIVE
SUITE 600
ARLINGTON
VA
United States
Tel:
571-559-3799
R*********@**********M
(Full email address available in API data)
Industry Affiliates
| FRANKLIN SAVINGS BANK | Banking or thrift institution |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| FRANKLIN SAVINGS BANK | Domestic Entity | – | MEMBER | 12/2010 | > 75% |
| VENTURA, MICHAEL, FRANCIS | Individual | – | CHIEF COMPLIANCE OFFICER, PRESIDENT AND CEO | 12/2010 | < 5% |
| GATEHOUSE, PAUL, WILLIAM | Individual | – | SENIOR VICE PRESIDENT | 12/2010 | < 5% |