Independent Financial Group, LLC
Assets Under Management
$11.3B
Number of Clients
44,045
Number of Advisors
527
Average Client AUM
$257K
AUM per Advisor
$21.5M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
IFG offers advisory programs like AccessPoint, Custom Asset Management (“CAM”) and Advisor Plus wrap fee advisory platforms. AccessPoint is a discretionary wrap fee platform made available through IFG. IFG has an agreement with Envestnet for administrative services. Advisory accounts are custodied with unaffiliated custodians like Pershing LLC and Charles Schwab & Co. Inc.
Fee Structure
IFG offers wrap fee programs where a single fee covers advisory services and transactions. The total fee includes a program fee, advisor fee (negotiable, up to 3.00%), and potentially a manager fee (FSP, SMA, UMA programs). Fees are billed quarterly in advance, based on the account's market value. Clients can household multiple accounts to qualify for lower fees. An additional charge of up to 0.10% may apply for tax management or ESG screening. Lower fees may be available elsewhere. Pershing charges a $10 mutual fund surcharge on certain funds. Manager Fees in the SMA and UMA varies by the selected SMA Manager, Sub -Manager or Model Provider and ranges between 0.00% and 1.00% of your Platform Assets. In the FSP, the Manager Fee ranges from 0% to 0.50% depending on the portfolio selected.
Areas of Practice
Location
12671 High Bluff Dr, Suite 200, San Diego, CA, 92130