We analyzed data on average expenditures for seniors, cost of living and investment returns to determine You can access their profiles to compare their qualifications before making a decision. After answering some questions about your goals, you’ll be linked with up to three advisors in your area. Use SmartAsset's financial advisor matching tool.If you’re ready to find an advisor who can help you achieve your financial goals, get started now. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.To contact Iconiq Capital, call (415) 967-7763 or send an email to information is accurate as of the writing of this article. So if you’re seeking specific financial assistance that’s not necessarily related to investing, Iconiq Capital may not be the right advisor for you. Unlike other firms, it generally doesn’t offer stand-alone financial planning services around topics like budgeting and paying off debt. One thing to note: Iconiq Capital specializes in asset management. Iconiq Capital had no disclosures of legal or disciplinary action on its most recent Form ADV. Learn more about what advisors typically cost here. Meanwhile, some clients have individually-negotiated flat fee structures that are not based on assets under management. On an individually-negotiated basis, Iconiq charges some clients an incentive or performance fee, which entitles the firm to additional compensation based on the increase in value of those clients' accounts. The firm provides detailed fee information for its private funds is in each fund’s documents. Additionally, clients must pay all expenses associated with the underlying funds that their portfolio invests in. The firm currently sets the ceiling for this fee at 1.5%,but fees are negotiated on a client-by-client basis. Option writing, including covered options, uncovered options or spreading strategiesĬlients of Iconiq Capital generally pay a management fee based on a percentage of assets under management ( AUM).Trading (securities sold within 30 days).Short-term purchases (securities sold within a year).Long-term purchases (securities held at least a year).The firm may use the following strategies: Iconiq also applies the following methods of analysis:Īdditionally, Iconiq doesn’t necessarily limit its exposure to specific securities and will consider a wider net than traditional advisors if it deems this appropriate to your situation. This method is known as fundamental analysis. This process may involve examining several points such as their financial records as well as the state of their competitors and economic sector. For instance, the firm evaluates stocks it may invest in by exploring the financial health of the companies they are tied to. Iconiq Capital employs several analytical strategies when making investment recommendations. However, Iconiq can build a customized portfolio that reflects your individual circumstances such as your risk tolerance, time horizon and investment goals. In addition, the firm advises and manages its own mutual fund families. Iconiq Capital offers investment advisory services through third-party portfolio managers. And these clients must make a minimum initial investment of $10,000. In addition, the firm reserves the ICONIQ Private Funds to accredited investors only. However, it may waive this rule on a case-by-case basis. Iconiq Capital generally provides services to clients with a net worth of at least $25 million. Iconiq Capital Client Types and Minimum Account SizeĪccording to records it filed with the SEC, Iconiq Capital is equipped to serve the following types of clients:
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