Its Asset Management LP is a large advisory firm based in Washington. It manages $128.8 million of regulatory assets for 1,828 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 28 other states.
Its Asset Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Its Asset Management LP is $128.8 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Its Asset Management LP for their services and products based on a percentage of assets under management. 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.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Its Asset Management is individuals with 1,573 clients and $105.82 million of assets under management. Among the 11 most similar advisory firms, Its Asset Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $128.6 million for 1,595 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.
Its Asset Management doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There are 72 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Its Asset Management LP performs its advisory services is located at 1720 Washington Rd, Washington, PA 15301 8919, which is also the mailing address of the firm. An additional office of the firm is in St. Clairsville, OH. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 724-745-2300 or by fax 724-745-0900. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at itsconnect.com.