Inspire Advisors, LLC

CRD#300279
Investment Advisor Firm

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Learn more about Inspire Advisors, LLC

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Inspire Advisors, LLC is located at 3597 E Monarch Sky Ln, Meridian, ID. The firm employs 45 financial advisors to manage client portfolios and provide financial guidance. Inspire Advisors, LLC is not a registered broker-dealer.

    Inspire Advisors, LLC oversees $835.3 million in assets under management across 2,857 accounts, all of which are discretionary. Over the past year, the firm has provided financial planning services to between 101 and 250 clients. The services offered include portfolio management for individuals and small businesses, portfolio management for institutional clients, selection of other advisers, and other services. The firm caters to retail investors and high net worth investors, with retail investors being the largest client type by accounts. The fee structure at Inspire Advisors, LLC is asset-based. The firm has 197 high net worth clients.

    Inspire Advisors, LLC is registered in the states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, and Wisconsin.

    Assets Under Management

    $835.3 million

    Number of Advisors

    45

    Disclosures

    No

    Office Location

    3597 E Monarch Sky Ln
    Meridian, ID 83646

    Inspire Advisors, LLC by the Numbers

    Total Assets Under Management

    $835.3 million

    National Average: $8.6 billion
    Total Number of Employees

    45

    National Average: 64
    Total Number of Accounts

    2,857

    National Average: 375,227
    Average Account Size

    $292.4 thousand

    National Average: $23.0 thousand
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    Products and Services

    Inspire Advisors, LLC provides a number of financial services, which can consist of portfolio management for individuals and small businesses, portfolio management for institutional clients, selection of other advisers, and other services. In the past financial year, Inspire Advisors, LLC provided financial planning services to 101-250 of its clients. The Company is not engaged in selling products or offering services apart from investment advice to its investment advisory clients.

    Core Advisor Services

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      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

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      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Offered by 20% of firms

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

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      Publication of Periodicals

      This is the publication of various financial education materials.

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      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Fees for financial advisory services typically are based on which service is offered. Fees billed by Inspire Advisors, LLC typically consist of the following fee type: asset-based.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    It provides services to retail investors and high net worth investors. Out of its 2 clients, Inspire Advisors, LLC's largest client type by number of accounts is retail investors, but it also serves 197 high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 in AUM or a net worth of at least $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 6.9%
    • Other Individuals - 93.1%
    • Corporations - 0%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Inspire Advisors, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Inspire Advisors, LLC

    Austin Walker
    Meridian, ID
    Paul Mcwilliams
    Kailua, HI
    Derek Mauldin
    Meridian, ID
    David Eck
    Meridian, ID
    Scott Harlan
    Meridian, ID
    Eric Boyum
    Caldwell, ID
    Johnathan Cunningham
    Overton, TX
    Beau Zumbusch
    Buffalo, MN
    Andrew Lehman
    Columbus, OH

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