Impact Shares (Frisco)

Name: Impact Shares
Address: 2189 Broken Bend, Frisco, TX, 75034
Telephone: 469-442-8424

Impact Shares is an investment adviser to an investment company based in Frisco. It manages $100 thousand of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Texas.

Impact Shares provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Impact Shares: assets under management

The assets under management (AUM) of Impact Shares is $100 thousand, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $100 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $100 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Impact Shares 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 Impact Shares serves?

The only and largest group of clients of Impact Shares is investment companies with 1 clients and $100 thousand of assets under management. Among the 4 most similar advisory firms, Impact Shares has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $100 thousand for 1 clients. None of the firm’s clients are foreign persons or businesses.

Impact Shares doesn't advise any private funds.

Careers at Impact Shares

The company employs 2 people that are either part- or full-time employees. 100 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 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
Ethan Kendall Powell	President and founder; chief compliance officer	1 Dec 2015	75% - 100%	6067295
Donald Joseph Guiney	Chief compliance officer	1 May 2018	Other	6994547

Based in Frisco

The principal office where Impact Shares performs its advisory services is located at 2189 Broken Bend, Frisco, TX 75034, 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 469-442-8424. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at impactshares.org.