American Independent Securities Group, LLC (Eagle)

Name: American Independent Securities Group, LLC
Address: 1036 E Iron Eagle Dr. Suite 105, Eagle, ID, 83616
Telephone: 208-489-3131

American Independent Securities Group, LLC is a large advisory firm based in Eagle. It manages $213.44 million of regulatory assets for 1,690 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alaska, Arizona, California, and 35 other states.

American Independent Securities Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 1,690 clients. On top of advisory services, the firm doesn't engage in other business activities.

American Independent Securities Group: assets under management

The assets under management (AUM) of American Independent Securities Group, LLC is $213.44 million. The firm's AUM has grown by 442% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 38% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay American Independent Securities Group, 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 American Independent Securities Group serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of American Independent Securities Group is individuals with 1,633 clients and $188.82 million of assets under management. Among the 6 most similar advisory firms, American Independent Securities Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $213.44 million for 1,690 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.

American Independent Securities Group doesn't advise any private funds.

Careers at American Independent Securities Group, LLC

The company employs 42 people that are either part- or full-time employees. 93 percent of the employees work as investment advisers or researchers. 42 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
Ryan Shane Carlson	Chief compliance officer / finop / member	1 Dec 2004	25% - 50%	4209072
Thomas Clifford Sellin	Principal, member, president, chief executive officer	1 Dec 2004	50% - 75%	808358
Douglas Fosdick Carter	Principal	1 Dec 2004	Other	1963184
Stephen Fredrick Walther	Principal	1 Dec 2004	Other	3170935
Diana Lamb Squire Burrellgwydyr	President, member, chief executive officer	1 Jun 2009	Other	xxx-xx-xxxx
David Lee Peters	Muni principal, member	1 Aug 2009	Other	xxx-xx-xxxx
Christine Marie Dowd	Member / registere options and securities futures principal, municipal principal	1 Sep 2009	Other	2630603
Nicholas William Cioffi	Principal	1 Jul 2011	Other	xxx-xx-xxxx
Joseph Allison Jr Thomas	Municipal pricipal,registered options and securities futures principal ,member	1 Jul 2011	Other	1484206
Barry James Darvin	Member / registered options and securities futures principal	1 Jul 2011	Other	61143

Based in Eagle

The principal office where American Independent Securities Group, LLC performs its advisory services is located at 1036 E Iron Eagle Dr. Suite 105, Eagle, ID 83616 The mailing address of the firm is Po Box 579, Eagle, ID 83616. An additional office of the firm is in Solana Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 208-489-3131 or by fax 208-489-3123. The normal business hours are 7:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at americanisg.com.