Independence Fixed Income LLC is a large advisory firm based in Mclean. It manages $6.28 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2001.
Independence Fixed Income provides portfolio management for investment companies 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 Independence Fixed Income LLC is $6.28 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 90% 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 Independence Fixed Income LLC for their services and products based on a percentage of assets under management, fixed fees, 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.
Klaus Otto Shigley has been acting as President since 1 Sep 1995. Ronald Joseph Mchugh joined the executive team most recently as the Director/Elected Manager.
The principal office where Independence Fixed Income LLC performs its advisory services is located at 1650 Tysons Boulevard, Mclean, VA 22102, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 703-749-8200 or by fax 703-749-8256. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at www.independence.com.