Intervest International, Inc. (Colorado Springs)

Name: Intervest International, Inc.
Address: 1980 Dominion Way, Suite 202, Colorado Springs, CO, 80918
Telephone: 719-592-9299

Intervest International, Inc. is a multi-state adviser based in Colorado Springs. It manages $85.17 million of regulatory assets for 355 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 46 other states.

Intervest International provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Intervest International: assets under management

The assets under management (AUM) of Intervest International, Inc. is $85.17 million. The firm's AUM has grown by 168% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 38% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 28% of the firm’s portfolio. Investments in government bonds form 22% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Intervest International, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 David Michael Smith serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of David Michael Smith is individuals with 353 clients and $35.14 million of assets under management. Among the 3 most similar advisory firms, Intervest International has the lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $51.41 million for 355 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.

Intervest International doesn't advise any private funds.

Careers at Intervest International, Inc.

The company employs 31 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 31 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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 receive compensation from other entities for client referrals.

David Michael Smith has been acting as President since 1 Aug 1980. Robert Eugene Copus joined the executive team most recently as the President And Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Michael Smith	President	1 Aug 1980	75% - 100%	850797
Linda Jo Gottman	Treasurer	1 Aug 1998	Other	2196796
Robert Eugene Copus	Vice president	1 Sep 1998	Other	1306313
James Brett Stuart	Chief compliance officer	1 Dec 2004	Other	3022149
Linda Jo Gottman	Secretary	1 Jun 2005	Other	2196796
Kacey Bess Watts	Secretary	1 Jun 2006	Other	4105405
Kacey Bess Fear	Secretary	1 Jun 2006	Other	4105405
Robert Eugene Copus	Chief compliance officer	1 Apr 2007	Other	1306313
David Michael Smith	Chief executive officer	1 Nov 2008	75% - 100%	850797
Robert Eugene Copus	President and chief operating officer	1 Nov 2008	Other	1306313
Edward Allan Hindman	Chief compliance officer	1 Nov 2008	Other	1395357

Based in Colorado Springs

The principal office where Intervest International, Inc. performs its advisory services is located at 1980 Dominion Way, Suite 202, Colorado Springs, CO 80918, which is also the mailing address of the firm. An additional office of the firm is in Bloomington, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 719-592-9299 or by fax 719-592-9329. The normal business hours are 7:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at intervestintl.com.