Intellicents Investment Solutions Inc (Albert Lea)

Name: Intellicents Investment Solutions Inc
Address: 100 North Broadway, Albert Lea, MN, 56007
Telephone: 507-377-2919

Intellicents Investment Solutions Inc is a large advisory firm based in Albert Lea. It manages $3.77 billion of regulatory assets for 1,682 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, Arkansas, Colorado, and 12 other states.

Intellicents Investment Solutions provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Intellicents Investment Solutions: assets under management

The assets under management (AUM) of Intellicents Investment Solutions Inc is $3.77 billion. The firm's AUM has grown by 374% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.5 billion in discretionary accounts and $2.27 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.98 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.58 million.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 4% of the firm’s portfolio. Investments in investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Intellicents Investment Solutions Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Bradley Kent Arends serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Bradley Kent Arends is pension and profit sharing plans with 204 clients and $3.58 billion of assets under management. Among the 9 most similar advisory firms, Intellicents Investment Solutions has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $3.77 billion for 1,679 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.

Intellicents Investment Solutions doesn't advise any private funds.

Careers at Intellicents Investment Solutions Inc

The company employs 30 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. 22 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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.

Bradley Kent Arends has been acting as President since 1 May 1995. Nicholas Holmes joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bradley Kent Arends	Chief compliance officer/president/ceo	1 May 1995	25% - 50%	1306576
Grant Stephen Arends	Coo	1 May 1995	25% - 50%	2128767
Thomas Ray Singsank	Cfo	1 Aug 2010	Other	4594200
Michelle Lee Sedlacek	Chief compliance officer	1 Aug 2018	Other	6150168
Nicholas Holmes	Chief compliance officer	1 Jul 2019	Other	5334025

Based in Albert Lea

The principal office where Intellicents Investment Solutions Inc performs its advisory services is located at 100 North Broadway, Albert Lea, MN 56007 The mailing address of the firm is Po Box 1206, Albert Lea, MN 56007. An additional office of the firm is in Pella, IA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 507-377-2919 or by fax 507-377-2051. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at intellicents.com.