Intercontinental Wealth Advisors, LLC is a large advisory firm based in San Antonio. It manages $852.8 million of regulatory assets for 930 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, Florida, and 9 other states.
Intercontinental Wealth Advisors 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 less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Intercontinental Wealth Advisors, LLC is $852.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 145% since the beginning of its operation, and $97.27 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Intercontinental Wealth Advisors, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Charles Day Lutz is corporations or other businesses with 204 clients and $459.53 million of assets under management. Among the 10 most similar advisory firms, Intercontinental Wealth Advisors has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $852.8 million for 823 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 25% of the firm’s clients are foreign persons or businesses.
Intercontinental Wealth Advisors doesn't advise any private funds.
The company employs 20 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 15 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.
Charles Day Lutz has been acting as President since 1 Mar 2006. Gail Carolyn Mannix joined the executive team most recently as the Chief Compliance Officer.
The principal office where Intercontinental Wealth Advisors, LLC performs its advisory services is located at 112 East Pecan Street, Suite 525, San Antonio, TX 78205 3729, which is also the mailing address of the firm. An additional office of the firm is in Aventura, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 210-271-7947 or by fax 210-271-0309. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at intercontl.com and its LinkedIn profile.