Ironshore Financial, LLC (Daphne)

Name: Ironshore Financial, LLC
Address: 9602 Kasey Court, Daphne, AL, 36526 8709
Telephone: 251-422-7307

Ironshore Financial, LLC is a large advisory firm based in Daphne. It manages $749.28 million of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama and Ohio.

Ironshore Financial provides portfolio management for businesses and institutional clients and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ironshore Financial: assets under management

The assets under management (AUM) of Ironshore Financial, LLC is $749.28 million. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $66.24 million in discretionary accounts and $683.03 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.1 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $683.03 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 58% of the total AUM. The second-largest asset type is investment and business development companies, which make up 42% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ironshore Financial, LLC for their services and products based on a percentage of assets under management 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 Ironshore Financial serves?

The only and largest group of clients of Ironshore Financial is pension and profit sharing plans with 14 clients and $749.28 million of assets under management. Among the 10 most similar advisory firms, Ironshore Financial has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $749.28 million for 14 clients. None of the firm’s clients are foreign persons or businesses.

Ironshore Financial doesn't advise any private funds.

Careers at Ironshore Financial, LLC

The company employs 1 person that is either a part- or full-time employee. 100 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 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
Edward Dean Speer	Managing member / cco	1 Feb 2018	75% - 100%	2579138

Based in Daphne

The principal office where Ironshore Financial, LLC performs its advisory services is located at 9602 Kasey Court, Daphne, AL 36526 8709, 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 251-422-7307. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at ironshorefinancial.com.