Invictus Fiduciary Services, LLC

CRD#286117
Investment Advisor Firm

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Learn more about Invictus Fiduciary Services, LLC

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

    • Overview

    Invictus Fiduciary Services, LLC is an advisory company that has its headquarters in Memphis, Tennessee. It manages $586.5 million in total assets over 24 customer accounts, placing it among the larger financial advisory firms in the United States by assets under management (AUM). The company has a small group, including 3 financial advisors. Invictus Fiduciary Services, LLC is not a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its accounts and those of its clients and instead has to go through a broker-dealer firm to do so. Securities are tradable fiscal investments like bonds, options and equities.

    Invictus Fiduciary Services, LLC administers the majority of the company's client assets in a discretionary manner. Discretionary management means that transaction decisions are made by a portfolio manager without requiring the client's consent. Invictus Fiduciary Services, LLC also oversees four non-discretionary accounts with a total of $88.5 million in assets. The advisory firm's typical account size is $24.4 million. An average financial advisor at Invictus Fiduciary Services, LLC oversees around eight client accounts, making it one of the more personalized firms in the country.

    The firm's main office is at 1755 Kirby Parkway,, Memphis, Tennessee 38120. It is legally allowed to provide services to clients in the state of Tennessee.

    Assets Under Management

    $586.5 million

    Number of Advisors

    3

    Disclosures

    No

    Office Location

    1755 Kirby Parkway,
    Memphis, TN 38120

    Invictus Fiduciary Services, LLC by the Numbers

    Total Assets Under Management

    $586.5 million

    National Average: $8.6 billion
    Total Number of Employees

    3

    National Average: 64
    Total Number of Accounts

    24

    National Average: 375,227
    Average Account Size

    $24.4 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial advice vary depending on which services the firm provides the client. Fees charged by Invictus Fiduciary Services, LLC typically consist of the following fee type: asset-based. Invictus Fiduciary Services, LLC does not supply a wrap fee program, in which the company offers a service bundle for a comprehensive fee.

    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

    The company caters to other. Out of its 24 customers, Invictus Fiduciary Services, LLC's largest client is other. None of the firm's clients are non-U.S. persons.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • 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

    Invictus Fiduciary Services, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Invictus Fiduciary Services, LLC

    Michael New
    Memphis, TN

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