Ifrah Financial Services, Inc. (Little Rock)


Ifrah Financial Services, Inc. is a large advisory firm based in Little Rock. It manages $308.99 million of regulatory assets for 633 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arkansas, California, Florida, and 6 other states.

Ifrah Financial Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and publication of newsletters. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ifrah Financial Services: assets under management

The assets under management (AUM) of Ifrah Financial Services, Inc. is $308.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $308.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $488.14 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ifrah Financial Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Patrick (Aka Patrice) Ifrah serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Patrick (Aka Patrice) Ifrah is high net worth individuals with 92 clients and $190.66 million of assets under management. Among the 9 most similar advisory firms, Ifrah Financial Services has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $308.99 million for 633 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.

Ifrah Financial Services doesn't advise any private funds.

Careers at Ifrah Financial Services, Inc.

The company employs 15 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 10 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.

Patrick (Aka Patrice) Ifrah has been acting as President since 1 Nov 2005. Stephen Henry Desalvo joined the executive team most recently as the Principal And Owner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Patrick (Aka Patrice) Ifrah President/chief compliance officer 1 Nov 2005 25% - 50% 2198425
Stephen Henry Desalvo Principal and owner 1 Nov 2005 25% - 50% 1526714
Robert Elbert Harris Principal and owner 1 Nov 2005 Other 2332790
Micah Harley Brown Principal and owner 1 Nov 2005 25% - 50% 2584050
Patrice Ifrah President/chief compliance officer 1 Nov 2005 25% - 50% 2198425

Based in Little Rock

The principal office where Ifrah Financial Services, Inc. performs its advisory services is located at 17300 Chenal Parkway, Little Rock, AR 72223 5876, which is also the mailing address of the firm. An additional office of the firm is in Hot Springs, AR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 501-821-7733 or by fax 866-740-5204. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at ifrahfinancial.com.