Feldman, Ingardona & Co. (Downers Grove)

Name: Feldman, Ingardona & Co.
Address: 2001 Butterfield Rd, Downers Grove, IL, 60515
Telephone: 630-663-1800

Feldman, Ingardona & Co. is a large advisory firm based in Downers Grove. It manages $2.38 billion of regulatory assets for 163 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Illinois, and Wisconsin.

Feldman, Ingardona & provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Feldman, Ingardona &: assets under management

The assets under management (AUM) of Feldman, Ingardona & Co. is $2.38 billion. The firm's AUM has grown by 993% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $614.31 million in discretionary accounts and $1.77 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.76 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $52.03 million.

Feldman, Ingardona & has custody of $184.73 million in cash and securities for 30 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 96% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 3% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Feldman, Ingardona & Co. 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 Feldman, Ingardona & serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Feldman, Ingardona & is high net worth individuals with 150 clients and $880.7 million of assets under management. Among the 10 most similar advisory firms, Feldman, Ingardona & has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $964.79 million for 155 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.

Feldman, Ingardona & doesn't advise any private funds.

Careers at Feldman, Ingardona & Co.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Morley Feldman	Chairman & chief executive officer & chief compliance officer	1 Sep 1997	25% - 50%	1307358
Alex Michael Ingardona	President & chief operating officer	1 Sep 1997	25% - 50%	1303711
Timothy M Hart	Vice president	1 Jan 2001	Other	2009179

Based in Downers Grove

The principal office where Feldman, Ingardona & Co. performs its advisory services is located at 2001 Butterfield Rd, Downers Grove, IL 60515, 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 630-663-1800 or by fax 630-663-9572. The normal business hours are 8:00am to 4:00pm on Monday - Friday. You can find more information about the New York firm at feldmaningardona.com.