Index Fund Advisors, Inc. is a large advisory firm based in Irvine. It manages $3.57 billion of regulatory assets for 6,535 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 45 other states.
Index Fund Advisors provides financial planning services, 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 prepares financial plans for approximately 727 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Index Fund Advisors, Inc. is $3.57 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 106% since the beginning of its operation, and $127.59 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Index Fund Advisors, Inc. 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mark Thomas Hebner is high net worth individuals with 726 clients and $2.72 billion of assets under management. Among the 11 most similar advisory firms, Index Fund Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $3.57 billion for 2,484 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.
Index Fund Advisors doesn't advise any private funds.
The company employs 45 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 18 employees are registered as investment adviser representatives with the state securities authorities.
There are 7 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.
Mark Thomas Hebner has been acting as President since 1 Mar 1999. Michelle Louise Ojeda joined the executive team most recently as the Co Chief Compliance Officer.
The principal office where Index Fund Advisors, Inc. performs its advisory services is located at 19200 Von Karman Ave, Irvine, CA 92612 6566, which is also the mailing address of the firm. An additional office of the firm is in Saint Lucie West, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 949-502-0050 or by fax 949-502-0048. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at ifa.com.