International Management Advisors Ltd. (Cleveland)

International Management Advisors Ltd. is a large advisory firm based in Cleveland. It manages $104.29 million of regulatory assets for 74 client accounts. It has been registered with the SEC as an adviser since 2006.

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

International Management Advisors: assets under management

The assets under management (AUM) of International Management Advisors Ltd. is $104.29 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 104% since the beginning of its operation, and $790.17 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $104.29 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.41 million each.

International Management Advisors has custody of $67.6 million in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in state and local bonds the most. They account for 29% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 18% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay International Management Advisors Ltd. 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.

What kind of clients International Management Advisors serves?

The only and largest group of clients of International Management Advisors is high net worth individuals with 13 clients and $103.5 million of assets under management. Among the 9 most similar advisory firms, International Management Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $103.5 million for 13 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 13% of the firm’s clients are foreign persons or businesses.

International Management Advisors doesn't advise any private funds.

Careers at International Management Advisors Ltd.

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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
Kurt Jay Schoeppler	Sole member/chief compliance officer	1 Apr 2006	75% - 100%	4660796

Based in Cleveland

The principal office where International Management Advisors Ltd. performs its advisory services is located at 1360 E. 9 Th St., Cleveland, OH 44114, 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 216-436-3555 or by fax 216-436-3764. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.