Ibn Advisory Services, Inc. (Liverpool)

Ibn Advisory Services, Inc. is a mid-sized advisory firm based in Liverpool. It manages $41.45 million of regulatory assets for 1,123 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, Kansas, Maine, and 8 other states.

Ibn Advisory Services provides financial planning services, 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 also engages as investment advisory firm.

Ibn Advisory Services: assets under management

The assets under management (AUM) of Ibn Advisory Services, Inc. is $41.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $41.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $36.91 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ibn Advisory Services, Inc. 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 Ibn Advisory Services serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ibn Advisory Services is individuals with 129 clients and $30.04 million of assets under management. Among the 3 most similar advisory firms, Ibn Advisory Services has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $41.45 million for 157 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.

Ibn Advisory Services doesn't advise any private funds.

Careers at Ibn Advisory Services, Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Richard James Carlesco	Ceo	1 Apr 2018	50% - 75%	2135988
Christopher Ryan Avery	Coo	1 Apr 2018	25% - 50%	4706653
Timothy Edward Evans	Cco	1 Apr 2018	Other	6259284

Based in Liverpool

The principal office where Ibn Advisory Services, Inc. performs its advisory services is located at 404 Old Liverpool Rd., Liverpool, NY 13088 The mailing address of the firm is 404 Old Liverpool Rd, Liverpool, NY 13088. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 315-652-4426 or by fax 315-652-1035. The normal business hours are 9:30am - 4pm on Monday - Friday.