Ibs Capital LLC (Boston)

Name: Ibs Capital LLC
Address: One International Place, Boston, MA, 02110
Telephone: 617-261-5327

Ibs Capital LLC is a large advisory firm based in Boston. It manages $165.37 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.

Ibs Capital provides 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.

Ibs Capital: assets under management

The assets under management (AUM) of Ibs Capital LLC is $165.37 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -40% since the beginning of its operation, and $10.91 million of the total AUM is attributable to clients outside of the United States.

The firm manages $165.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55.12 million each.

Ibs Capital has custody of $165.37 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ibs Capital LLC for their services and products based on a percentage of assets under management 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.

What kind of clients David Adams Taft serves?

The only and largest group of clients of David Adams Taft is pooled investment vehicles with 3 clients and $165.37 million of assets under management. Among the 9 most similar advisory firms, Ibs Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $165.37 million for 3 clients. 33% of the firm’s clients are foreign persons or businesses.

Ibs Capital also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Ibs Capital LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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 don’t receive compensation from other entities for client referrals.

Ibs Capital LLC is owned by Theresa Mcdade Taft. David Adams Taft has been acting as President since 1 Sep 2007. James Simon Horne joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Adams Taft	Owner/president	1 Sep 2007	50% - 75%	871133
Theresa Mcdade Taft	Owner	1 Sep 2007	25% - 50%	722702
James Simon Horne	Chief compliance officer	1 Jan 2011	Other	6020856

Based in Boston

The principal office where Ibs Capital LLC performs its advisory services is located at One International Place, Boston, MA 02110, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-261-5327 or by fax 617-261-5373. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at ibscapital.com.