American Independence Financial Services, LLC (New York)


American Independence Financial Services, LLC is a large advisory firm based in New York. It manages $826.36 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Delaware, Idaho, Kansas, and 4 other states.

American Independence Financial Services provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, selection of other advisers, and model portfolio services to other investment advisors. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

American Independence Financial Services: assets under management

The assets under management (AUM) of American Independence Financial Services, LLC is $826.36 million. The firm's AUM has grown by 40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $767.59 million in discretionary accounts and $58.77 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $153.52 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $19.59 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay American Independence Financial Services, LLC 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.

Careers at American Independence Financial Services, LLC

Dale Jerome Murphey has been acting as President since 1 Jul 2015. John Joseph Coyle joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Arrivato Holdings Member 1 Sep 2004 Other 13-4298596
Theresa C Donovan Chief compliance officer 1 May 2005 Other 5011504
Jared Brett Goldstrom Vice president 1 May 2005 Other 4133685
The Chutjian Charitable Lead Annuity Trust Member 1 Aug 2005 Other xx-xxxxxxx
Llc Crescendo Capital Concepts Member 1 Aug 2005 Other 20-3186190
Llc Empowered Rpny Member 1 Sep 2005 Other 86-1042617
Robert Alan Campbell Vice president 1 Mar 2006 Other 842890
Llc Miller & Jacobs Capital Member 1 Feb 2008 Other 66-0624718
Jeffrey Alan Miller Member 1 Feb 2008 Other 2370893
John J Holmgren Chief investment officer 1 Jun 2008 Other 1330544
T Kirkham Barneby Chief strategist & portfolio manager 1 Aug 2008 Other 1825914
Emil Anthony Polito Sr. executive director global wealth management & strategic development 1 Sep 2008 Other 1113456
Llc Aifs Acquisition Member 1 Jul 2010 25% - 50% 26-4496191
Dh Financial Services Inc. Member 1 Jun 2012 Other 32-0079041
Teresa Margaret Ritchie Chief compliance officer 1 Jan 2015 Other 1197990
Thaddeus Marion Leszczynski Chief compliance officer 1 Mar 2015 Other 1894185
John Joseph Pileggi Ceo, director 1 Jul 2015 Other 2504867
Dale Jerome Murphey President 1 Jul 2015 Other 4152012
James Joseph Mccluskey Chief operating officer/chief financial officer 1 Jul 2015 Other 4534521
Foliometrix Funding Llc Member 1 Jul 2015 25% - 50% 47-2353195
S. Craig Cognetti Director 1 Jul 2015 Other 5281594
Donald Harding Putnam Director 1 Jul 2015 Other 1065385
John Joseph Coyle Director 1 Aug 2015 Other 6252259

Indirect Owners

The SEC currently registers 26 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeffrey Alan Miller Managing member 1 Feb 1997 50% - 75% 2370893
Eric Dehart Jacobs Managing member 1 Feb 1997 50% - 75% 2378952
Keith Peter Chutjian Trustee 1 Aug 2004 75% - 100% 5093621
John Joseph Pileggi Member, secretary and treasurer 1 Sep 2004 50% - 75% 2504867
Eric Matthew Rubin Member and president 1 Sep 2004 Other 2621663
Donald Harding Putnam Managing partner 1 Jun 2005 25% - 50% 1065385
Llc Empowered To Prosper Manager 1 Aug 2005 75% - 100% 86-1042617
Anfernee D. Hardaway Family Trust Member 1 Aug 2005 75% - 100% xxx-xx-xxxx
Inc. Penny Haradaway Manager 1 Aug 2005 Other 76-0402954
Anfernee D Hardaway Trustee 1 Aug 2005 75% - 100% 5335533
Inc. Penny Hardaway Manager 1 Aug 2005 Other 76-0402954
Anfernee D Mionly Hardaway Trustee 1 Aug 2005 75% - 100% 5335533
Lp Global Founding Capital General partner 1 Oct 2005 75% - 100% 20-3718682
Llc Atlantic Inventive Resources General parnter 1 Oct 2005 Other 20-3718662
Keith P. Chutjian Owner 1 Oct 2005 75% - 100% 5093621
John Joseph Pileggi Member 1 Mar 2009 25% - 50% 2504867
Eric Matthew Rubin Member 1 Mar 2009 Other 2621663
Ashley L Nadeau Member, owner 1 Dec 2011 50% - 75% xxx-xx-xxxx
Lance S Larsen Member, owner 1 Dec 2011 50% - 75% 6548105
David Henry Hansen Member 1 Jun 2012 25% - 50% 2484501
Anfernee D Mionly Hardaway Owner 1 Dec 2014 50% - 75% 5335533
Bilal Ali Aquil Owner and treasurer 1 Dec 2014 50% - 75% 4480909
Inc. 1 Cent Management Owner 1 Dec 2014 75% - 100% 27-2625965
Llc Lal Holdings Member 1 May 2015 50% - 75% xx-xxxxxxx
The Chalice Fund Lp Member 1 May 2015 25% - 50% xx-xxxxxxx
Grail Partners Managing member 1 May 2015 25% - 50% 163941

Based in New York

The principal office where American Independence Financial Services, LLC performs its advisory services is located at 1345 Avenue Of The Americas, New York, NY 10105, which is also the mailing address of the firm. An additional office of the firm is in Wichita, KS. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-488-1331 or by fax 888-346-7142. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at americanifs.com.

Registered investment advisers similar to American Independence Financial Services, LLC