Inherent Group, Lp
Answer a few questions and
get matched with an advisor.
Learn more about Inherent Group, Lp
Overview
Inherent Group, Lp operates as a financial advisor company based in New York, New York. It handles $990.1 million in assets under management across 13 client accounts, making it one of the larger investment advisory firms in the United States by assets under management (AUM). The company has a small group, including 8 financial advisors. Inherent Group, Lp does not act as a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its own accounts as well as its clients' and instead is required to go through a broker-dealer firm to do so. Securities are exchangable fiscal investments such as bonds, options and stocks.
Inherent Group, Lp oversees most of its client assets on a discretionary basis. Discretionary management is a structure in which an investment advisor makes buy and sell choices for the client's account without needing to seek client consent. It also administers one non-discretionary accounts with a total of $7.6 million in assets under management. The advisory firm manages about $76.2 million in assets for every client account. An average advisor at Inherent Group, Lp oversees about two client accounts, making it one of the most personalized firms in the country.
The company's main office is located at 530 Fifth Avenue, New York, New York 10036. Inherent Group, Lp is legally permitted to serve investors in the state of New York.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Inherent Group, Lp by the Numbers
$990.1 million
16
13
$76.2 million
Fee Structure
Fees for financial advisory services largely depend on the type of services offered. Fee types charged by the firm can include the following fee structures: asset-based, fixed, performance-based or other. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
-
Offered by 32% of firms
Fixed
-
Offered by 10% of firms
Other
Unavailable
Types of Clients
It provides services to high net worth investors, pooled investment vehicles, charitable organizations and other investment advisers. Out of its 13 customers, Inherent Group, Lp's biggest client group is pooled investment vehicles, though it also caters to three high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 under management or a net worth of more than $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). About 31% of the firm's accounts are from outside of the U.S.
- High-Net-Worth Individuals* - 25%
- Other Individuals - 0%
- Corporations - 66.67%
- Charitable Organizations - 8.33%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Inherent Group, Lp does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.