Ivy League Financial Advisors LLC (Rockville)

Name: Ivy League Financial Advisors LLC
Address: 11 North Washington Street, Rockville, MD, 20850
Telephone: 301-258-1300

Ivy League Financial Advisors LLC is a large advisory firm based in Rockville. It manages $105.78 million of regulatory assets for 394 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of District of Columbia, Florida, Maryland, and Virginia.

Ivy League Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, educational seminars and workshops, and advice on matters not involving securities.. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ivy League Financial Advisors: assets under management

The assets under management (AUM) of Ivy League Financial Advisors LLC is $105.78 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 146% since the beginning of its operation, and $981.62 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $105.78 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $268.48 thousand each.

Ivy League Financial Advisors has custody of $34.03 million in cash and securities for 57 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 51% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ivy League Financial Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Ivy League Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Ivy League Financial Advisors is high net worth individuals with 49 clients and $88.33 million of assets under management. Among the 10 most similar advisory firms, Ivy League Financial Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $104.15 million for 101 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Ivy League Financial Advisors doesn't advise any private funds.

Careers at Ivy League Financial Advisors LLC

The company employs 3 people that are either part- or full-time employees. 67 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’s a single person 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
Christopher Neal Brown	Managing member & chief compliance officer	1 Jan 1999	75% - 100%	2788527

Based in Rockville

The principal office where Ivy League Financial Advisors LLC performs its advisory services is located at 11 North Washington Street, Rockville, MD 20850, which is also the mailing address of the firm. An additional office of the firm is in North Potomac, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 301-258-1300 or by fax 301-990-9664. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at ivyfa.com and its LinkedIn profile.