Institutional Portfolio Services Ltd is an internet adviser based in Chicago. It manages $13.39 million of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Illinois.
Institutional Portfolio Services provides portfolio management for individuals and small businesses and 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.
The assets under management (AUM) of Institutional Portfolio Services Ltd is $13.39 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Institutional Portfolio Services Ltd for their services and products based on a percentage of assets under management. 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.
Padmanabha B Pai has been acting as President since 1 Oct 1978. Mohini Chaddah Pai joined the executive team most recently as the Vice President.
The principal office where Institutional Portfolio Services Ltd performs its advisory services is located at 21 S Clark St, Chicago, IL 60603 2094, which is also the mailing address of the firm. An additional office of the firm is in Kenilworth, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-236-5388 or by fax 312-236-5378. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.