Icm Asset Management Inc is a large advisory firm based in Spokane. It manages $148.51 million of regulatory assets for 140 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alaska, California, Florida, and 8 other states.
Icm Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and icm may furnish investment recommendations to other financial firms through the formulation and maintenance of model portfolios.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Icm Asset Management Inc is $148.51 million. The firm's AUM has gone down by -93% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Icm Asset Management Inc for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Vicki Lynn Simmons is high net worth individuals with 118 clients and $142.9 million of assets under management. Among the 11 most similar advisory firms, Icm Asset Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $148.51 million for 138 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.
Icm Asset Management doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There’s a single person 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.
Vicki Lynn Simmons has been acting as President since 1 Aug 2003. Peter Joseph Chase joined the executive team most recently as the Coo.
The principal office where Icm Asset Management Inc performs its advisory services is located at 601 West Main Avenue, Suite 900, Spokane, WA 99201 0613, 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 509-455-3588 or by fax 509-623-0588. The normal business hours are 8:00am to 4:00pm on Monday - Friday. You can find more information about the New York firm at icmasset.com.