Integrated Advisors Network
Integrated Advisors Network is a fee-based firm located in Palos Verdes Estates, California. 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, local governments 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 Background
Founded in 2014, the principal owners of IAN 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. The firm provides advice under the following business names:
Abundantia Capital Corporation, All Source Investment Management, Andersen Capital Management, Archer Bay Capital, B&B Strategic Partners, Burns-Blackburn Group, Capital City Financial Partners, Echelon Investment Management, Ely Prudent Portfolios, Financial Foundations, Inc., Long Course Capital Management, Menlo Oaks Capital Group, MDK Private Wealth Management, Miller Pacific Financial Advisers, Nspire Wealth, Open Network Financial Consulting, Progression Asset Management, Select Wealth Advisers, Shields Capital Advisers, Sztrom Wealth Management, Vineyard Asset Management, Vineyard Global Advisers, Vineyard Wealth Advisers, Wheeler Wealth Advisory, Yorkshire Wealth Management and Zimmerman Wealth Advisory Group.
Integrated Advisors Network 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
A variety of services are available at IAN, including both investment advisory 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.
As for asset management, the firm offers both discretionary and non-discretionary management, although the vast majority of assets under management (AUM) are handled on a discretionary basis.
Integrated Advisors Network Investment Philosophy
Advisors at IAN employ various strategies when it comes to managing and investing client assets. 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 (ETFs) 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 advisory fees are generally capped at 2.95% of AUM. 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
IAN has one disclosure of a regulatory action listed on its Form ADV, although it involved an advisory affiliate, not the firm itself.
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 abide by fiduciary duty and act in the best interests of the client.
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 info@integratedadvisorsnetwork.com.
All information is accurate as of the writing of this article.
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