Intelligent Financial Strategies, LLC (Excelsior)

Name: Intelligent Financial Strategies, LLC
Address: 34 Water Street, Suite 8, Excelsior, MN, 55331
Telephone: 952-941-2795

Intelligent Financial Strategies, LLC is a large advisory firm based in Excelsior. It manages $117.96 million of regulatory assets for 303 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida and Minnesota.

Intelligent Financial Strategies provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Intelligent Financial Strategies: assets under management

The assets under management (AUM) of Intelligent Financial Strategies, LLC is $117.96 million. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.6 million in discretionary accounts and $16.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $347.93 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.49 million.

Investments

The firm invests in investment and business development companies the most. They account for 56% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Intelligent Financial Strategies, 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 Intelligent Financial Strategies serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Intelligent Financial Strategies is high net worth individuals with 68 clients and $112.86 million of assets under management. Among the 11 most similar advisory firms, Intelligent Financial Strategies has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $116.22 million for 88 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.

Intelligent Financial Strategies doesn't advise any private funds.

Careers at Intelligent Financial Strategies, LLC

The company employs 2 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 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
Charles Edward Garrity	Chief manager	1 Apr 1995	75% - 100%	218319
Jason Patrick Good	Chief compliance officer	1 Oct 2009	Other	4978923
Jason Patrick Good	Managing member and chief compliance officer	1 May 2010	75% - 100%	4978923
Joseph Daniel Pitzl	Principal and director of financial planning	1 Oct 2012	50% - 75%	4696949

Based in Excelsior

The principal office where Intelligent Financial Strategies, LLC performs its advisory services is located at 34 Water Street, Suite 8, Excelsior, MN 55331, 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 952-941-2795 or by fax 952-513-2048. The normal business hours are 8:00 am to 4:30pm on Monday - Friday. You can find more information about the New York firm at excelsiorinvestors.com.