Intrepid Financial Planning Group, LLC (Carmel)

Name: Intrepid Financial Planning Group, LLC
Address: 2454 E. 116 Th Street, Carmel, IN, 46032
Telephone: 317-818-1776

Intrepid Financial Planning Group, LLC is a large advisory firm based in Carmel. It manages $225.07 million of regulatory assets for 1,270 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Florida, Illinois, and 7 other states.

Intrepid Financial Planning Group provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Intrepid Financial Planning Group: assets under management

The assets under management (AUM) of Intrepid Financial Planning Group, LLC is $225.07 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 312% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $225.07 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $177.22 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 72% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio. Investments in investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Intrepid Financial Planning Group, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Intrepid Financial Planning Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Intrepid Financial Planning Group is high net worth individuals with 131 clients and $138 million of assets under management. Among the 7 most similar advisory firms, Intrepid Financial Planning Group has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $225.07 million for 1,271 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Intrepid Financial Planning Group doesn't advise any private funds.

Careers at Intrepid Financial Planning Group, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There are 11 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Keith Locke	Principal, chief compliance officer	1 Jun 1998	25% - 50%	1454409
Alice Jean Bryan	Principal	1 Jun 1998	Other	1869182
Llc Bcb	Member	1 Jul 1998	Other	35-2052743
Inc. Haney Financial	Member	1 Jan 1999	Other	04-3742996
Llc Whitinger Financial	Member	1 Jan 2000	Other	35-2072786
Richard Keith Locke	Chief compliance officer	1 Oct 2004	50% - 75%	1454409
Joan K Locke	Principal owner	1 Apr 2019	50% - 75%	7118830
Chad Alan Bailey	Chief compliance officer	1 Apr 2019	Other	3229281

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Donald Behrmann	Member	1 Jul 1998	50% - 75%	5474597
Greg Alan Haney	President	1 Feb 2003	50% - 75%	3231883
John Martin Gilligan	Secretary, treasurer	1 Feb 2003	25% - 50%	4880702

Based in Carmel

The principal office where Intrepid Financial Planning Group, LLC performs its advisory services is located at 2454 E. 116 Th Street, Carmel, IN 46032, which is also the mailing address of the firm. An additional office of the firm is in Muncie, IN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 317-818-1776 or by fax 317-818-1774. The normal business hours are 8:00 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at intrepidfinancial.com.