Ipex, Inc. (Plymouth)

Ipex provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and endow/fndn. consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ipex: assets under management

The assets under management (AUM) of Ipex, Inc. is $1.47 billion. The firm's AUM has grown by 4495% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $538.52 million in discretionary accounts and $931.56 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.23 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $46.58 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ipex, Inc. 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 Shale Philip Lapping serves?

The firm provides services to charitable organizations and corporations or other businesses. The largest group of clients of Shale Philip Lapping is charitable organizations with 22 clients and $1.29 billion of assets under management. Among the 8 most similar advisory firms, Ipex has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $1.43 billion for 37 clients. None of the firm’s clients are foreign persons or businesses.

Ipex doesn't advise any private funds.

Careers at Ipex, Inc.

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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 don’t receive compensation from other entities for client referrals.

Shale Philip Lapping has been acting as President since 1 Aug 1995. Neha Amar Patel joined the executive team most recently as the Vice President Chief Compliance Officer.

Direct owners and executive officers

Based in Plymouth

The principal office where Ipex, Inc. performs its advisory services is located at 156 West Liberty Street, Plymouth, MI 48170 1315, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 734-451-0777 or by fax 734-451-6830. The normal business hours are 8:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at ipexusa.com.

Registered investment advisers similar to Ipex, Inc.

• Kinetics Asset Management
• Atalanta Sosnoff Capital Corp Delaware
• Ubs International
• J. Safra Asset Management Corporation
• Deroy & Devereaux Private Investment Counsel
• Triad Hybrid Solutions
• Avatar Investors Associates Corp
• Intrinsic Edge Capital Management
• Fiduciary Management Associates
• Cipher Capital
• Ficsher Francis Trees & Watts Kabushiki Kaisha
• Eton Advisors Group
• J.F. Lehman & Company
• Coastedge Partners
• Brentwood Private Equity Iii