INDEPENDENT FINANCIAL GROUP, LLC

Broker-DealerFINRA MemberEst. 2004
Total AUM
$12.9B
Discretionary
$12.7B
98% of AUM
Accounts
54,951
Employees
624
Advisory reps
642
Brokerage reps
513

Firm details

Headquarters
SAN DIEGO, California
CRD number
7717
Registered since
January 30, 2004
Custodians
PERSHING LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Commissions, Performance Based Fees
Client types
  • Individuals55.11%
  • HNWI39.94%
  • Corporations / Businesses2.48%
  • Pension & Profit Sharing Plans1.92%
  • Charitable Organizations0.55%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Independent Financial Group, LLC is organized as a limited liability company and has been SEC-registered since 2004. The firm operates primarily as an independent broker-dealer and insurance broker while also providing advisory services to individuals, families and institutional clients. Its advisory offerings include financial planning, portfolio management for individuals and small businesses, portfolio management for larger business or institutional clients, pension consulting services and the selection of other advisers. Compensation methods are varied and include percentage-of-AUM charges, hourly and fixed fees, commissions and performance-based fees. The firm identifies itself as an active ESG investor and does not appear to operate as a capital allocator.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 63%, State & Local Bonds 11%, Investment Grade Corp Bonds 11%, Public Funds/Mutual Funds 6%, Cash & Cash Equivalents 5%, US Government Bonds 3%, Other 1%63%
  • Exchange Traded Equities63%
  • State & Local Bonds11%
  • Investment Grade Corp Bonds11%
  • Public Funds/Mutual Funds6%
  • Cash & Cash Equivalents5%

Owners & executives

3 of 36
  • SCOTT HEISING

    President, CEO & FounderCRD 2192259

  • PATRICIA MEIER

    Chief Operating OfficerCRD 2387144

  • STEPHEN CARLTON

    Owner, President & CEOCRD 2057583

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Contacts

3 of 606
  • TERRY GRIFFITH

    Registered RepresentativeCRD 4937497

  • WILLIE THOMAS

    Financial AdvisorCRD 7822628

  • ADAM BONNER

    Managing Partner and Wealth AdvisorCRD 6344488

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 924

Active vs passive

$3.1B in ETFs

Passive

69%

$2.1B

Active

22%

$971M

ETFProviderStyleCategoryValueShares% of portfolio
INVESCO QQQ TRUST SERIES 1 (QQQ)InvescoPassiveLarge Growth$107M184,6583.43%

Location

Primary office

SAN DIEGO, CA

SAN DIEGO

Location

SAN DIEGO, CA

Headquartered in SAN DIEGO, CA, in the West of the United States.

Region
West
County
SAN DIEGO
Address
12671 High Bluff Dr
Time zone
PT (UTC-8)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth