Icon Advisers, Inc. (Greenwood Village)

Name: Icon Advisers, Inc.
Address: 5299 Dtc Boulevard, Greenwood Village, CO, 80111
Telephone: 303-790-1600

Icon Advisers, Inc. is a large advisory firm based in Greenwood Village. It manages $1.45 billion of regulatory assets for 1,545 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Icon Advisers provides portfolio management for individuals and small businesses, portfolio management for investment companies, and provide model allocations to firms that invest in the icon funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Icon Advisers: assets under management

The assets under management (AUM) of Icon Advisers, Inc. is $1.45 billion. The firm's AUM has gone down by -42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.44 billion in discretionary accounts and $11.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.02 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $82.73 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 69% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Icon Advisers, 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 Craig Thomas Callahan serves?

The firm provides services to individuals, investment companies, and high net worth individuals. The largest group of clients of Craig Thomas Callahan is investment companies with 18 clients and $1.24 billion of assets under management. Among the 8 most similar advisory firms, Icon Advisers has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.45 billion for 1,545 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.

Icon Advisers doesn't advise any private funds.

Careers at Icon Advisers, Inc.

The company employs 32 people that are either part- or full-time employees. 19 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There are 650 people 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.

Craig Thomas Callahan has been acting as President since 1 Apr 1991. Christopher Richard Ambruso joined the executive team most recently as the General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Craig Thomas Callahan	President/cio	1 Apr 1991	Other	872598
Icon Management & Research Corporation	Owner	1 Jun 1995	75% - 100%	84-1289244
Erik Lynn Jonson	Executive vice president & chief financial officer	1 Apr 1998	Other	2748248
Dennis Loyd Engel	Executive vice president & chief operating officer	1 Jan 1999	Other	2229428
Stephen Clay Holmes	Executive vice president & chief marketing & sales officer	1 Jan 2002	Other	824098
Andra Cynthia Ozols	Executive vice president & general counsel	1 Mar 2002	Other	3070864
Carrie Marie Schoffman	Chief compliance officer	1 May 2004	Other	4806994
Carrie Marie Schoffman	Chief compliance officer	1 Jun 2004	Other	4806994
Donald Salcito	Executive vice president & general counsel	1 Sep 2005	Other	2683316
Stephen Alfred Moran	Executive vice president & chief sales & marketing officer	1 Jan 2010	Other	2884117
Brian David Harding	Chief compliance officer	1 Jul 2011	Other	4984973
Brian David Harding	Chief financial officer	1 Jan 2013	Other	4984973
Carrie Marie Schoffman	Senior vice president & chief compliance officer	1 Jan 2013	Other	4806994
Craig Thomas Callahan	Chief executive officer	1 Aug 2013	Other	872598
Stephen Alfred Moran	President	1 Aug 2013	Other	2884117
Craig Thomas Callahan	President and chief executive officer	1 Oct 2014	Other	872598
Brian Thomas Callahan	Chief marketing officer	1 Oct 2014	Other	4672076
Christopher Richard Ambruso	Chief compliance officer	1 May 2017	Other	5421851
Christopher Richard Ambruso	General counsel	1 Mar 2019	Other	5421851
Jack Marcel Quillin	Chief compliance officer	1 Mar 2019	Other	4734699

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Craig Thomas Callahan	President/director	1 Jan 1995	75% - 100%	872598

Based in Greenwood Village

The principal office where Icon Advisers, Inc. performs its advisory services is located at 5299 Dtc Boulevard, Greenwood Village, CO 80111, 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 303-790-1600 or by fax 303-790-8246. The normal business hours are 7:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at iconadvisers.com.