Imc Advisors, LLC (Columbus)

Name: Imc Advisors, LLC
Address: 540 Plaza Drive, Suite L, Columbus, IN, 47201 2922
Telephone: 812-376-3331

Imc Advisors, LLC is a large advisory firm based in Columbus. It manages $308.2 million of regulatory assets for 90 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Florida and Indiana.

Imc Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Imc Advisors: assets under management

The assets under management (AUM) of Imc Advisors, LLC is $308.2 million. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $208.81 million in discretionary accounts and $99.38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.82 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.21 million.

Investments

The firm invests in investment and business development companies the most. They account for 73% of the total AUM. The second-largest asset type is exchange traded securities, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Imc 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 Imc Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Imc Advisors is high net worth individuals with 72 clients and $299.9 million of assets under management. Among the 9 most similar advisory firms, Imc Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $307.93 million for 89 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.

Imc Advisors doesn't advise any private funds.

Careers at Imc Advisors, LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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
Donald Louis Michael	Member, president, chief executive and operations officer, chief compliance officer, chief financial and legal officer	1 Jul 2001	75% - 100%	4571480
Inc. Irwin Management Company	Member	1 Jul 2001	Other	35-1009393
Sarla Kalsi	Chairman, member	1 Jul 2001	25% - 50%	4571164
Donald L Michael	President, member	1 Jul 2001	25% - 50%	4571480
Jody Allen Littrell	Senior vice president, chief compliance officer	1 Mar 2016	Other	6300524
Jody Allen Littrell	Senior vice president, chief compliance officer, chief operating officer	1 Mar 2017	Other	6300524

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
J. Irwin Miller	Shareholder	1 Jan 1958	50% - 75%	4572756
Inc. Irwin Management Company	Shareholder	1 Jan 2000	50% - 75%	35-6691968
Irwin Management Company Trust	Shareholder	1 Jan 2000	50% - 75%	35-6691968

Based in Columbus

The principal office where Imc Advisors, LLC performs its advisory services is located at 540 Plaza Drive, Suite L, Columbus, IN 47201 2922, 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 812-376-3331 or by fax 855-376-3331. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at imcadvisors.com.