INDEPENDENT WEALTH MANAGEMENT, LLC

RIASEC RegisteredEst. 2021
Total AUM
$203M
Discretionary
$184M
90% of AUM
Avg account
$398K
Accounts
510
Employees
3
Advisory reps
3

Firm details

Headquarters
TRAVERSE CITY, Michigan
CRD number
124242
Registered since
March 16, 2021
Website
iwmusa.com
Custodians
NATIONAL FINANCIAL SERVICES LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • HNWI76.51%
  • Individuals23.29%
  • Charitable Organizations0.2%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Independent Wealth Management, LLC is an independently owned registered investment adviser organized as an LLC and SEC-registered in 2021. The firm serves individual and family clients and positions itself as a capital allocator that selects third-party managers when needed. Core advisory services include financial planning, discretionary portfolio management for individuals and small businesses, portfolio management for businesses or institutions, and selection of other advisers. Fee arrangements are a mix of percentage-of-AUM, hourly charges, fixed fees and other structures. The firm does not identify as an active ESG investor and is not registered as a multi-state or pension consultant adviser.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 70%, Exchange Traded Equities 14%, Cash & Cash Equivalents 11%, US Government Bonds 3%, State & Local Bonds 1%70%
  • Public Funds/Mutual Funds70%
  • Exchange Traded Equities14%
  • Cash & Cash Equivalents11%
  • US Government Bonds3%
  • State & Local Bonds1%

Contacts

3 of 3
  • STEPHEN FISHER

    PartnerCRD 2910130

  • JAY BERGER

    PartnerCRD 2433529

  • SCOTT HACKNEY

    PartnerCRD 2148253

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

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Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

TRAVERSE CITY, MI

GRAND TRAVERSE

Location

TRAVERSE CITY, MI

Headquartered in TRAVERSE CITY, MI, in the Midwest of the United States.

Region
Midwest
County
GRAND TRAVERSE
Address
236 12 E Front St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth