Investment Planning Associates Inc (Rockville)


Investment Planning Associates Inc is a large advisory firm based in Rockville. It manages $155 million of regulatory assets for 630 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, District of Columbia, Florida, Maryland, and Virginia.

Investment Planning Associates provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Investment Planning Associates: assets under management

The assets under management (AUM) of Investment Planning Associates Inc is $155 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $3.14 million in discretionary accounts and $151.87 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $156.75 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $248.96 thousand.
Investment Planning Associates has custody of $55 thousand in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 95% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 1% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Investment Planning Associates Inc 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 Jay Paul Levin serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Jay Paul Levin is high net worth individuals with 55 clients and $110 million of assets under management. Among the 6 most similar advisory firms, Investment Planning Associates has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $155 million for 150 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.

Investment Planning Associates doesn't advise any private funds.

Careers at Investment Planning Associates Inc

The company employs 2 people that are either part- or full-time employees. 100 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jay Paul Levin President/chief compliance officer 1 Jan 1990 75% - 100% 1323546

Based in Rockville

The principal office where Investment Planning Associates Inc performs its advisory services is located at 11140 Rockville Pike, Rockville, MD 20852, which is also the mailing address of the firm. An additional office of the firm is in Annapolis, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 240-430-3000 or by fax 240-430-3001. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at ipa-ria.com.