Income Focus Portfolio Management, LLC (Jackson)

Name: Income Focus Portfolio Management, LLC
Address: 1110 Maple Way, Jackson, WY, 83001
Telephone: 307-733-5100

Income Focus Portfolio Management, LLC is a large advisory firm based in Jackson. It manages $123.16 million of regulatory assets for 386 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Georgia, and 6 other states.

Income Focus Portfolio Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Income Focus Portfolio Management: assets under management

The assets under management (AUM) of Income Focus Portfolio Management, LLC is $123.16 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 418% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $123.16 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $319.06 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 32% of the total AUM. The second-largest asset type is state and local bonds, which make up 31% of the firm’s portfolio. Investments in exchange traded securities form 18% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Income Focus Portfolio Management, 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.

What kind of clients Income Focus Portfolio Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Income Focus Portfolio Management is high net worth individuals with 49 clients and $81.6 million of assets under management. Among the 7 most similar advisory firms, Income Focus Portfolio Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $123.16 million for 209 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.

Income Focus Portfolio Management doesn't advise any private funds.

Careers at Income Focus Portfolio Management, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
David N Elan	Chief compliance officer / managing member	1 Jan 2011	75% - 100%	3107755
David N Elan	Chief compliance officer / managing member	1 Sep 2012	75% - 100%	3107755

Based in Jackson

The principal office where Income Focus Portfolio Management, LLC performs its advisory services is located at 1110 Maple Way, Jackson, WY 83001 The mailing address of the firm is Po Box 7376, Jackson, WY 83002 7376. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 307-733-5100 or by fax 800-544-7903. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at incomefocus.com.