Compass Ion Advisors, LLC is a large advisory firm based in Conshohocken. It manages $730.6 million of regulatory assets for 1,010 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Colorado, and 16 other states.
Compass Ion Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Compass Ion Advisors, LLC is $730.6 million. The firm's AUM has grown by 417% since the beginning of its operation, and $1.13 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Compass Ion 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Compass Ion Advisors is high net worth individuals with 174 clients and $494.84 million of assets under management. Among the 6 most similar advisory firms, Compass Ion Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $705.44 million for 1,014 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Compass Ion Advisors doesn't advise any private funds.
The company employs 19 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 14 employees are registered as investment adviser representatives with the state securities authorities.
There are 17 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Compass Ion Advisors, LLC performs its advisory services is located at 300 Four Falls Corporate Center, Suite 230, Conshohocken, PA 19428, which is also the mailing address of the firm. An additional office of the firm is in Annapolis, MD. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 610-228-2200 or by fax 610-783-4275. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at compass-ionadvisors.com.