Ifp Advisors, LLC is a large advisory firm based in Tampa. It manages $5.38 billion of regulatory assets for 30,286 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Ifp Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ifp Advisors, LLC is $5.38 billion. The firm's AUM has grown by 0% since the beginning of its operation, and $21.11 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Ifp Advisors, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Ifp Advisors is individuals with 12,979 clients and $2.03 billion of assets under management. Among the 9 most similar advisory firms, Ifp Advisors has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $5.38 billion for 17,055 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.
Ifp Advisors doesn't advise any private funds.
The company employs 432 people that are either part- or full-time employees. 93 percent of the employees work as investment advisers or researchers. 268 employees are registered as investment adviser representatives with the state securities authorities.
There are 28 people 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 receive compensation from other entities for client referrals.
Melissa Rilynn Loner joined the executive team most recently as the Cco.
The principal office where Ifp Advisors, LLC performs its advisory services is located at 3030 North Rocky Point Drive West, Tampa, FL 33607, which is also the mailing address of the firm. An additional office of the firm is in Phoenix, AZ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 813-341-0960 or by fax 813-288-0701. The normal business hours are 8:00 am-5:30 pm on Monday - Friday. You can find more information about the New York firm at wealth.emaplan.com/ema/lpl/acheson and its LinkedIn profile.