Institutional And Family Asset Management, LLC (Fort Collins)

Name: Institutional And Family Asset Management, LLC
Address: 2133 S Timberline Road, Fort Collins, CO, 80525
Telephone: 866-910-9611

Institutional And Family Asset Management, LLC is a large advisory firm based in Fort Collins. It manages $1.17 billion of regulatory assets for 2,726 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, Colorado, and 14 other states.

Institutional And Family Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Institutional And Family Asset Management: assets under management

The assets under management (AUM) of Institutional And Family Asset Management, LLC is $1.17 billion. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.11 billion in discretionary accounts and $55.49 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $432.61 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $367.47 thousand.

Institutional And Family Asset Management has custody of $945.32 million in cash and securities for 798 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in government bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Institutional And Family Asset Management, LLC for their services and products based on a percentage of assets under management 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 Institutional And Family Asset Management serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Institutional And Family Asset Management is high net worth individuals with 138 clients and $422.88 million of assets under management. Among the 9 most similar advisory firms, Institutional And Family Asset Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.17 billion for 802 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.

Institutional And Family Asset Management doesn't advise any private funds.

Careers at Institutional And Family Asset Management, LLC

The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 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.

Daniel Thomas Gamache has served as the Chief Investment Officer since 1 Jan 2018 and Brian Patrick Sullivan is the Chief Executive Officer of Institutional And Family Asset Management, LLC family office. Kimberly A Jardine joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Clayton Ernest Hartman	Managing director	1 Feb 2015	Other	721653
Timothy Barnard Kneen	Managing director	1 Feb 2015	Other	1332458
Llc Focus Operating	Member (manager)	1 Feb 2015	75% - 100%	20-8161914
John Gerard Lauer	Chief compliance officer/chief operating officer	1 Jul 2015	Other	1467522
Eric Carl Kulberg	Chief compliance officer	1 Feb 2016	Other	6624225
Kimberly A Jardine	Senior compliance officer	1 May 2017	Other	5332177
Brian Patrick Sullivan	Chief compliance officer	1 Jun 2017	Other	2346836
Daniel Thomas Gamache	Chief investment officer	1 Jan 2018	Other	5538021
Kimberly A Jardine	Chief compliance officer	1 Sep 2018	Other	5332177
Brian Patrick Sullivan	Chief executive officer	1 Sep 2018	Other	2346836

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Focus Financial Partners	Member	1 Jan 2007	75% - 100%	16-1728260
Lp Cp Falcon Aiv	Member	1 Oct 2013	25% - 50%	36-4767158
L.P. Trident Vi Parallel Fund	Member	1 Apr 2017	75% - 100%	98-1132009
Trident Ffp Blocker Llc	Limited partner	1 May 2017	25% - 50%	82-1662776
L.P. Trident Vi	Limited partner	1 May 2017	25% - 50%	98-1131820
L.P. Trident Ffp	Member	1 Jul 2017	25% - 50%	82-1662703
Focus Financial Partners Inc.	Member	1 Jul 2018	75% - 100%	47-4780811

Based in Fort Collins

The principal office where Institutional And Family Asset Management, LLC performs its advisory services is located at 2133 S Timberline Road, Fort Collins, CO 80525, which is also the mailing address of the firm. An additional office of the firm is in Sioux Falls, SD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 866-910-9611 or by fax 970-530-0215. The normal business hours are 8:00am - 4:30pm on Monday - Friday. You can find more information about the New York firm at ifmcapital.com.