International Discount Investors Inc (Knoxville)

International Discount Investors Inc is an adviser based in Knoxville. It manages $30.58 million of regulatory assets for 229 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Tennessee.

International Discount Investors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

International Discount Investors: assets under management

The assets under management (AUM) of International Discount Investors Inc is $30.58 million. 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 $27.12 million in discretionary accounts and $3.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $129.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $173.13 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay International Discount Investors Inc 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.

Careers at International Discount Investors Inc

Charles Edward Yurick has been acting as President since 1 Apr 1995. John Charles Parks joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Edward Yurick	President	1 Apr 1995	50% - 75%	1222103
John Charles Parks	Cco	1 Jan 2004	50% - 75%	356930
Charles Edward Yurick	Chief compliance officer	1 Jul 2010	75% - 100%	1222103

Based in Knoxville

The principal office where International Discount Investors Inc performs its advisory services is located at 4814 Old Kingston Pike, Knoxville, TN 37919 6424, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.