Irongate International, L.L.C. (Moline)

Name: Irongate International, L.L.C.
Address: 1509 River Drive, Moline, IL, 61265 1307
Telephone: 309-762-0111

Irongate International, L.L.C. is a large advisory firm based in Moline. It manages $276.11 million of regulatory assets for 114 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Colorado, Florida, Idaho, and 5 other states.

Irongate International, L.L.C provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and investment consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Irongate International, L.L.C: assets under management

The assets under management (AUM) of Irongate International, L.L.C. is $276.11 million. The firm's AUM has gone down by -24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $210.14 million in discretionary accounts and $65.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.88 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.61 million.

Irongate International, L.L.C has custody of $67.99 million in cash and securities for 72 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 46% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Irongate International, L.L.C. for their services and products based on a percentage of assets under management and fixed 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 Irongate International, L.L.C serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Irongate International, L.L.C is high net worth individuals with 73 clients and $253.95 million of assets under management. Among the 12 most similar advisory firms, Irongate International, L.L.C has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $271.65 million for 112 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.

Irongate International, L.L.C doesn't advise any private funds.

Careers at Irongate International, L.L.C.

The company employs 10 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Patrick Edward Trimble	Managing member, principal	1 Aug 2001	75% - 100%	1633414
Theodore Jason Baker	Cco, cio, coo	1 Mar 2012	Other	4800873
Anthony Carmen Carpita	Principal, member	1 Apr 2012	Other	2352193
Anthony Carmen Carpita	Principal, chief compliance officer	1 Mar 2014	Other	2352193
Tait Garrett Wiliam Johnson	Principal	1 Jan 2015	Other	5845927
Tait Garrett William Johnson	Principal	1 Jan 2015	Other	5845927
Theodore Jason Baker	Principal, chief investment officer	1 Jan 2018	Other	4800873

Based in Moline

The principal office where Irongate International, L.L.C. performs its advisory services is located at 1509 River Drive, Moline, IL 61265 1307, which is also the mailing address of the firm. An additional office of the firm is in Vail, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 309-762-0111 or by fax 309-762-0127. The normal business hours are 8:00am to 4:00pm on Monday - Friday. You can find more information about the New York firm at irongateinternational.com/.