Intercontinental Real Estate Corporation (Boston)

Name: Intercontinental Real Estate Corporation
Address: 1270 Soldiers Field Rd, Boston, MA, 02135 1003
Telephone: 617-782-2600

Intercontinental Real Estate Corporation is a large advisory firm based in Boston. It manages $8.16 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2002.

Intercontinental Real Estate Corporation provides portfolio management for pooled investment vehicles and real estate investment management. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Intercontinental Real Estate Corporation: assets under management

The assets under management (AUM) of Intercontinental Real Estate Corporation is $8.16 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1185% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $8.16 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.16 billion each.

Intercontinental Real Estate Corporation has custody of $8.53 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Intercontinental Real Estate Corporation for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ira Stepanian serves?

The only and largest group of clients of Ira Stepanian is pooled investment vehicles with 1 clients and $8.16 billion of assets under management. Among the 10 most similar advisory firms, Intercontinental Real Estate Corporation has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $8.16 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Intercontinental Real Estate Corporation doesn't advise any private funds.

Careers at Intercontinental Real Estate Corporation

The company employs 107 people that are either part- or full-time employees. 24 percent of the employees work as investment advisers or researchers. No 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Ira Stepanian has been acting as President since 1 Jun 2006. Thomas Richard Taranto has served as the Chief Investment Officer since 1 Aug 2006. Kendall Edward Brook joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Luke Palandjian	President	1 Apr 1991	75% - 100%	1480024
Peter Agababy Palandjian	Chairman, chief executive officer, president and stockholder	1 May 1993	50% - 75%	1480023
Peter Palandjian	Chairman, chief executive officer, president, director and stockholder	1 May 1993	50% - 75%	1480023
Paul Nasser	Chief financial officer	1 Jul 2000	Other	1289108
Paul Joseph Nasser	Chief financial officer & chief operating officer	1 Jul 2000	Other	1289108
James Michael Bradley	Chief compliance officer	1 Oct 2004	Other	5031609
Llc Intercontinental Holdings	Stockholder	1 Jun 2006	25% - 50%	22-3934607
Ira Stepanian	Director	1 Jun 2006	Other	6681859
Tom Richard Taranto	Director, head of asset and portfolio management	1 Aug 2006	Other	5310448
Thomas Richard Taranto	Chief investment officer	1 Aug 2006	Other	5310448
Christopher Boehm	Chief compliance officer	1 Nov 2006	Other	5249211
Kendall Edward Brook	Chief compliance officer	1 Jul 2014	Other	2892774

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
The Mpmm Realty Insurance Trust	Stockholder	1 Jun 2006	75% - 100%	20-6709436
Gregory Tso Hui Lee	Trustee	1 Mar 2012	Other	6681872
James Michael Bradley	Trustee	1 Mar 2012	Other	5031609

Based in Boston

The principal office where Intercontinental Real Estate Corporation performs its advisory services is located at 1270 Soldiers Field Rd, Boston, MA 02135 1003, which is also the mailing address of the firm. An additional office of the firm is in Sherman Oaks, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-782-2600 or by fax 617-782-9442. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at intercontinental.net.