Independent Financial Group, LLC is a large advisory firm based in San Diego. It manages $2.94 billion of regulatory assets for 15,620 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Independent Financial Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for approximately 594 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Independent Financial Group, LLC is $2.94 billion. The firm's AUM has grown by 2677% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Independent Financial Group, LLC 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.
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 Scott Allen Heising is individuals with 14,410 clients and $1.9 billion of assets under management. Among the 6 most similar advisory firms, Independent Financial Group has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $2.94 billion for 15,620 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.
Independent Financial Group doesn't advise any private funds.
The company employs 673 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 448 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 receive compensation from other entities for client referrals.
Independent Financial Group, LLC is owned by Jay Alan Wurtzler. Scott Allen Heising has been acting as President since 1 Jan 2003. Douglas Christopher Hall joined the executive team most recently as the Cco.
The principal office where Independent Financial Group, LLC performs its advisory services is located at 12671 High Bluff Dr, San Diego, CA 92130, which is also the mailing address of the firm. An additional office of the firm is in Manhattan Beach, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 858-436-3180 or by fax 858-481-9033. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at ifgsd.com.