Ifg Advisory, LLC (Atlanta)

Name: Ifg Advisory, LLC
Address: 200 Ashford Center North, Atlanta, GA, 30338
Telephone: 770-353-6319

Ifg Advisory, LLC is a large advisory firm based in Atlanta. It manages $1.44 billion of regulatory assets for 7,257 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 29 other states.

Ifg Advisory provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, educational seminars and workshops, and model portfolios for clients. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ifg Advisory: assets under management

The assets under management (AUM) of Ifg Advisory, LLC is $1.44 billion. The firm's AUM has grown by 1338% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.32 billion in discretionary accounts and $119.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $205.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $143.8 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 78% of the total AUM. The second-largest asset type is exchange traded securities, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ifg Advisory, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ifg Advisory 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 Ifg Advisory is high net worth individuals with 639 clients and $758.27 million of assets under management. Among the 6 most similar advisory firms, Ifg Advisory has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.44 billion for 4,263 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.

Ifg Advisory doesn't advise any private funds.

Careers at Ifg Advisory, LLC

The company employs 125 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. 60 employees are registered as investment adviser representatives with the state securities authorities.

There are 6 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald Warren Patrick	Managing member/chief compliance officer	1 Jun 2013	75% - 100%	1163392
Patrick Ronald Wrenn	Chief compliance officer	1 Jul 2013	Other	4606729
Inc. Integrated Financial Group	Managing member	1 Nov 2014	75% - 100%	83-0377543
Llc Integrated Financial Group	Managing member	1 Nov 2014	75% - 100%	83-0377543
John Land Bridgers	Co-chief executive officer	1 Jan 2018	Other	4567957

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Donald Warren Patrick	President/owner	1 Jan 2004	75% - 100%	1163392
John Land Bridgers	Owner/co-chief executive officer	1 Sep 2019	25% - 50%	4567957

Based in Atlanta

The principal office where Ifg Advisory, LLC performs its advisory services is located at 200 Ashford Center North, Atlanta, GA 30338, which is also the mailing address of the firm. An additional office of the firm is in Winston Salem, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 770-353-6319 or by fax 770-353-6338. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at milestoneinvestmentsllc.com and its LinkedIn profile.