Ibex Wealth Advisors, LLC (Lebanon)

Name: Ibex Wealth Advisors, LLC
Address: 3 Werner Way, Lebanon, NJ, 08833
Telephone: 908-849-7921

Ibex Wealth Advisors, LLC is a large advisory firm based in Lebanon. It manages $341.22 million of regulatory assets for 479 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Delaware, Florida, and 9 other states.

Ibex Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ibex Wealth Advisors: assets under management

The assets under management (AUM) of Ibex Wealth Advisors, LLC is $341.22 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 223% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $341.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $712.36 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 81% of the total AUM. The second-largest asset type is government bonds, which make up 8% of the firm’s portfolio. Investments in investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ibex Wealth Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ibex Wealth Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Ibex Wealth Advisors is high net worth individuals with 203 clients and $273.51 million of assets under management. Among the 11 most similar advisory firms, Ibex Wealth Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $341.22 million for 479 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.

Ibex Wealth Advisors doesn't advise any private funds.

Careers at Ibex Wealth Advisors, LLC

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 5 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
Daniel Michael Rosenthal	Chief compliance officer/member	1 Aug 2013	Other	2615961
Glenn Edward Stephenson	Managing member	1 Aug 2013	Other	1412986
James John Varaklis	Member	1 Aug 2013	Other	2103913
Philip Francis Rongo	Member	1 Aug 2013	Other	1802064
Steven Thomas Mcgovern	Member	1 Aug 2013	Other	2726891
Annu E Mccarthy	Chief compliance officer	1 May 2016	Other	2332566

Based in Lebanon

The principal office where Ibex Wealth Advisors, LLC performs its advisory services is located at 3 Werner Way, Lebanon, NJ 08833, which is also the mailing address of the firm. An additional office of the firm is in Jupiter, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 908-849-7921 or by fax 908-849-4803. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at ibexwealth.com/.