Ipi Partners, LLC (Chicago)

Name: Ipi Partners, LLC
Address: 300 N. Lasalle Street, Chicago, IL, 60654
Telephone: 312-796-2205

Ipi Partners, LLC is a large advisory firm based in Chicago. It manages $1.93 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, District of Columbia, Illinois, and Texas.

Ipi Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ipi Partners: assets under management

The assets under management (AUM) of Ipi Partners, LLC is $1.93 billion, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $1.93 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $642.08 million each.

Ipi Partners has custody of $1.93 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ipi Partners, LLC for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients Ipi Partners serves?

The only and largest group of clients of Ipi Partners is pooled investment vehicles with 3 clients and $1.93 billion of assets under management. Among the 10 most similar advisory firms, Ipi Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.93 billion for 3 clients. None of the firm’s clients are foreign persons or businesses.

Ipi Partners also advises several private funds. Namely, three real estate funds. The minimum investment commitment required of non-related persons is $10,000 for each fund.

Careers at Ipi Partners, LLC

The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. No 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
Llc Iconiq Capital	Member	1 Aug 2016	50% - 75%	159198
Llc Iron Point Dc Management	Member	1 Oct 2016	50% - 75%	81-4124331
Matthew Richard A'hearn	Managing director	1 Mar 2017	Other	4244857
Nitin Anand Sathe	Chief compliance officer	1 Jul 2019	Other	6314208

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Iconiq Capital Group	Sole member	1 Dec 2011	75% - 100%	45-4196961
Divesh Kanthylal Makan	Limited partner	1 Dec 2011	50% - 75%	4447669
Llc Iconiq Capital Group Gp	General partner	1 Dec 2013	Other	00-0000000
Divesh Kanthylal Makan	Sole member	1 Dec 2013	75% - 100%	4447669
Lp Iprep Management	Sole member	1 Oct 2016	75% - 100%	26-0635774
William Sargent Janes	Partner	1 Jan 2017	25% - 50%	5078669
Thomas Charles Lynch	Partner	1 Jan 2017	25% - 50%	4243267
Gene Carroll Mcquown	Partner	1 Jan 2017	25% - 50%	5908840
Llc Iprep Management Gp	General partner	1 Jan 2017	Other	82-0885799
Ryan Joseph Haas	Partner	1 Jan 2017	25% - 50%	6451475

Based in Chicago

The principal office where Ipi Partners, LLC performs its advisory services is located at 300 N. Lasalle Street, Chicago, IL 60654, which is also the mailing address of the firm. An additional office of the firm is in Washington, DC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-796-2205. The normal business hours are 8am-5pm pt on Monday - Friday. You can find more information about the New York firm at ipipartners.com/.