Institute For Wealth Advisors, Inc. (Denver)

Name: Institute For Wealth Advisors, Inc.
Address: 1776 Lincoln St., Denver, CO, 80203
Telephone: 972 450 6000

Institute For Wealth Advisors, Inc. is a large advisory firm based in Denver. It manages $219.91 million of regulatory assets for 1,190 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, California, Colorado, and 26 other states.

Institute For Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Institute For Wealth Advisors: assets under management

The assets under management (AUM) of Institute For Wealth Advisors, Inc. is $219.91 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 566% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $219.91 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $184.8 thousand each.

Institute For Wealth Advisors has custody of $14.58 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 23% of the firm’s portfolio. Investments in investment grade corporate bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Institute For Wealth Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dewey Malone Moore serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Dewey Malone Moore is individuals with 947 clients and $132.55 million of assets under management. Among the 5 most similar advisory firms, Institute For Wealth Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $219.91 million for 987 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.

Institute For Wealth Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Institute For Wealth Advisors, Inc.

Dewey Malone Moore has been acting as President since 1 Sep 2012. Gregory Syler joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Institute For Wealth Holdings	Owner	1 Jan 2009	75% - 100%	26-3299888
Dewey Malone Moore	President/chief compliance officer	1 Sep 2012	Other	801534
Gregory Syler	Chief compliance officer	1 Oct 2018	Other	2683638

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Dewey Malone Moore	Owner	1 Jan 2009	25% - 50%	801534
Matthew Douglas Medeiros	Owner	1 Sep 2016	25% - 50%	1413962

Based in Denver

The principal office where Institute For Wealth Advisors, Inc. performs its advisory services is located at 1776 Lincoln St., Denver, CO 80203, 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 972 450 6000 or by fax 972 450 6001. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at iwainc.com.