Integrated Investment Consultants, LLC (Birmingham)

Integrated Investment Consultants, LLC is a large advisory firm based in Birmingham. It manages $426.3 million of regulatory assets for 500 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida and Michigan.

Integrated Investment Consultants provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Integrated Investment Consultants: assets under management

The assets under management (AUM) of Integrated Investment Consultants, LLC is $426.3 million. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $400.52 million in discretionary accounts and $25.77 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $855.82 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $805.46 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Integrated Investment Consultants, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Integrated Investment Consultants serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Integrated Investment Consultants is high net worth individuals with 79 clients and $378.74 million of assets under management. Among the 10 most similar advisory firms, Integrated Investment Consultants has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $388.18 million for 125 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Integrated Investment Consultants doesn't advise any private funds.

Careers at Integrated Investment Consultants, LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Adam Bernstein	Manager/chief compliance officer	1 Apr 2015	Other	2531346
Llc Interim Holdings	Managing member	1 Apr 2015	75% - 100%	45-0592675
Dena Soule	Chief compliance officer	1 May 2015	Other	4570658
Christopher Anthony Forte	Managing partner	1 May 2015	50% - 75%	1400180
Todd J Wagenberg	Managing partner	1 May 2015	25% - 50%	2745479

Based in Birmingham

The principal office where Integrated Investment Consultants, LLC performs its advisory services is located at 255 E. Brown Street, Suite 200, Birmingham, MI 48009 6208, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 866-433-3581 or by fax 248-385-2067. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday.