Investors Financial Group LLC (Plymouth)

Name: Investors Financial Group LLC
Address: 9800 Shelard Parkway, Plymouth, MN, 55441
Telephone: 763-525-0001

Investors Financial Group LLC is a large advisory firm based in Plymouth. It manages $725.31 million of regulatory assets for 2,927 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, California, Colorado, and 23 other states.

Investors Financial Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Investors Financial Group: assets under management

The assets under management (AUM) of Investors Financial Group LLC is $725.31 million. The firm's AUM has grown by 410% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $697.17 million in discretionary accounts and $28.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $238.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.69 million.

Investments

The firm invests in investment and business development companies the most. They account for 82% of the total AUM. The second-largest asset type is exchange traded securities, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Investors Financial Group LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Investors Financial Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Investors Financial Group is high net worth individuals with 338 clients and $412.29 million of assets under management. Among the 9 most similar advisory firms, Investors Financial Group has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $725.31 million for 1,487 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.

Investors Financial Group doesn't advise any private funds.

Careers at Investors Financial Group LLC

The company employs 26 people that are either part- or full-time employees. 85 percent of the employees work as investment advisers or researchers. 22 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
Timothy David Gaarder	Managing member	1 May 2010	50% - 75%	1366162
Ronald James Bickford	Member/chief compliance officer	1 May 2010	25% - 50%	1600937
Stewart James Rallis	Member	1 Aug 2010	25% - 50%	1212536
Richard John Anderson	Member	1 Jan 2013	Other	1738184

Based in Plymouth

The principal office where Investors Financial Group LLC performs its advisory services is located at 9800 Shelard Parkway, Plymouth, MN 55441, which is also the mailing address of the firm. An additional office of the firm is in Parker, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 763-525-0001 or by fax 763-525-1999. The normal business hours are 8:30 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at ifg-llc.com and its LinkedIn profile.