Icp Group Investment Manager, LLC

CRD#219518
Investment Advisor Firm

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Learn more about Icp Group Investment Manager, LLC

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

    • Overview

    Icp Group Investment Manager, LLC is a financial advisory firm that has its headquarters in Dallas, Texas. It manages $263.3 million in assets under management throughout eight client accounts, placing it in the mid-tier of financial advisory firms in the nation by assets under management (AUM). The firm has a small group, including 6 financial advisors. Icp Group Investment Manager, LLC does not act as a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its clients' and own accounts and instead has to go through a broker-dealer firm to do so. Securities are exchangable financial assets like bonds, stocks and options.

    Icp Group Investment Manager, LLC oversees the majority of the company's accounts in a discretionary manner. Discretionary management is a structure in which transaction choices for the client's account are made by an investment advisor without needing to seek the client's permission. Icp Group Investment Manager, LLC also oversees one non-discretionary accounts totaling $50.0 million in AUM. The firm administers roughly $32.9 million for each account. The average financial advisor at Icp Group Investment Manager, LLC oversees around one client account, making it one of the most individualized firms in the country.

    The company's central office is located at 500 N Akard Street, Dallas, Texas 75201. The company is allowed to provide services to customers in the state of Texas.

    Assets Under Management

    $263.3 million

    Number of Advisors

    6

    Disclosures

    No

    Office Location

    500 N Akard Street
    Dallas, TX 75201

    Icp Group Investment Manager, LLC by the Numbers

    Total Assets Under Management

    $263.3 million

    National Average: $8.6 billion
    Total Number of Employees

    6

    National Average: 64
    Total Number of Accounts

    8

    National Average: 375,227
    Average Account Size

    $32.9 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial management fees typically depend on which services are offered. However, fee types charged by the firm may include the following fee structures: asset-based or performance-based. Icp Group Investment Manager, LLC does not supply a wrap fee program, in which the firm offers a service bundle for a single 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.

    • Offered by 26% of firms

      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.

    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 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.

    Back to Overview

    Types of Clients

    It works with pooled investment vehicles and other. Out of its eight clients, Icp Group Investment Manager, LLC's largest client type is pooled investment vehicles. About 57% of its accounts reside abroad.

    • 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

    Icp Group Investment Manager, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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