Inveco International, Inc. (New York)

Inveco International, Inc. is a large advisory firm based in New York. It manages $420.46 million of regulatory assets for 52 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Inveco International 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.

Inveco International: assets under management

The assets under management (AUM) of Inveco International, Inc. is $420.46 million. The firm's AUM has gone down by -37% since the beginning of its operation, and $411.77 million of the total AUM is attributable to clients outside of the United States.

The firm manages $403.42 million in discretionary accounts and $17.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.61 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $852.19 thousand.

Investments

The firm invests in investment grade corporate bonds the most. They account for 63% of the total AUM. The second-largest asset type is government bonds, which make up 22% of the firm’s portfolio. Investments in exchange traded securities form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Inveco International, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Inveco International serves?

The only and largest group of clients of Inveco International is high net worth individuals with 15 clients and $115.83 million of assets under management. Among the 10 most similar advisory firms, Inveco International has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $115.83 million for 15 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 75% of the firm’s clients are foreign persons or businesses.

Inveco International doesn't advise any private funds.

Careers at Inveco International, Inc.

The company employs 3 people that are either part- or full-time employees. 67 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Hillel Tuchfeld Peled	President and chief compliance officer	1 Dec 1989	Other	1231178
Hpgp Financial Management Llc	Shareholder	1 Jan 2002	75% - 100%	13-4054144

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Hillel Tuchfeld Peled	Shareholder	1 Mar 1999	75% - 100%	1231178

Based in New York

The principal office where Inveco International, Inc. performs its advisory services is located at 655 Third Avenue, New York, NY 10017, 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 212-758-4865 or by fax 212-758-5932. The normal business hours are 9:00am-5:00pm on Monday - Friday.