{"url":"https://nivawealth.com/firms/icg-advisors-148066","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/148066","regulatoryAum":7923326124,"crd":"148066","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1428157","suffix":null,"lastName":"ASSAF","firstName":"JOSEPH","middleName":"JEFFREY"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-04-19","regulatoryAum":5616552575,"clients":75,"employees":24,"offices":1},{"filedOn":"2022-07-21","regulatoryAum":6954683305,"clients":85,"employees":23,"offices":1},{"filedOn":"2023-06-29","regulatoryAum":6619026163,"clients":88,"employees":25,"offices":1},{"filedOn":"2024-07-31","regulatoryAum":6924906059,"clients":74,"employees":26,"offices":1},{"filedOn":"2025-06-30","regulatoryAum":7765245389,"clients":73,"employees":25,"offices":1},{"filedOn":"2026-05-21","regulatoryAum":7923326124,"clients":70,"employees":26,"offices":1}],"secFileNumber":"801-69638","legalName":"Icg Advisors, LLC","displayName":"ICG Advisors","slug":"icg-advisors-148066","website":"https://icgadvisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/148066/35f8235214aae503-r1.webp","tone":"dark","width":282,"height":200,"sourceUrl":"https://icgadvisors.com/","sourceLabel":"ICG Advisors, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/icg-advisors-llc","founded":null,"organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"11111 Santa Monica Boulevard, Ste. 2100","city":"Los Angeles","state":"CA","stateName":"California","country":"United States","postalCode":"90025"},"tradeNames":[],"registration":{"secApproved":"6 October 2008","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":104059614.12727273,"staff":{"employees":26,"advisory":24,"brokerDealerReps":0,"insuranceAgents":0,"promoters":2},"aum":{"regulatory":7923326124,"discretionary":2164130831,"discretionaryAccounts":19,"nonDiscretionary":5759195293,"nonDiscretionaryAccounts":89,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":55,"regulatoryAum":5723278777},{"label":"Pooled investment vehicles","clients":11,"regulatoryAum":1125418728},{"label":"Charitable organizations","clients":2,"regulatoryAum":786703436},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":287925183}],"feePrograms":[{"role":"main","program":"Client Account management fee","feeBasis":"marginal","fee_tiers":[{"to":25000000,"pct":1,"from":0},{"to":50000000,"pct":0.75,"from":25000000},{"to":100000000,"pct":0.6,"from":50000000},{"to":250000000,"pct":0.5,"from":100000000},{"to":500000000,"pct":0.4,"from":250000000},{"to":1000000000,"pct":0.3,"from":500000000},{"to":null,"pct":0.2,"from":1000000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045980","versionId":1045980,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-05-21","documentName":"ICG ADVISORS ADV PART 2 BROCHURE","fee_rate_low":0.2,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T03:38:24.322489+00:00","documents":[{"name":"ICG ADVISORS ADV PART 2 BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045980","versionId":1045980,"submittedOn":"2026-05-21"}]},"custodians":[{"name":"RBC Capital Markets, LLC","shortName":"RBC Capital Markets","location":"Minneapolis, MN","smaAssets":1519335199}],"custodyNote":"ICG Advisors has custody of $1.24B in client assets for 11 clients.","leadership":[{"name":"Allison Petchenick","title":"Chief Compliance Officer","crd":"4276657"},{"name":"Joseph Assaf","title":"Co-Chief Investment Officer & Senior Managing Director","crd":"1428157"},{"name":"Robert Edelstein","title":"Managing Director","crd":"5582141"},{"name":"Blenner Jonathan","title":"Managing Director","crd":"5764718"},{"name":"Eleftherios Monis","title":"Co-Chief Investment Officer & Managing Director","crd":"3252943"}],"ownership":[{"label":"Joseph Assaf","detail":"Co-chief investment officer & senior managing director in the 75% or more ownership band and a control person, since July 2008. Also a trustee of The Assaf Family Trust DTD 3/24/2005 in the 75% or more band and a control person, since March 2005."},{"label":"Pippy Corp.","detail":"Owner in the 75% or more ownership band and a control person, since January 2015."},{"label":"The Assaf Family Trust DTD 3/24/2005","detail":"Indirect owner: a owner of Pippy Corp. in the 75% or more band and a control person, since January 2015.","parent":"Pippy Corp."},{"label":"Cecelia Assaf","detail":"Indirect owner: a trustee of The Assaf Family Trust DTD 3/24/2005 in the 75% or more band and a control person, since March 2005.","parent":"The Assaf Family Trust DTD 3/24/2005"}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"11111 Santa Monica Boulevard, Ste. 2100","city":"Los Angeles","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"424-270-8900","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":17},{"label":"Non-exchange-traded equity securities","percent":2},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":70},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":11},"sources":{"adv1FilingDate":"21 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/148066/PDF/148066.pdf","brochureDate":"21 May 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045980","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does ICG Advisors have?","answer":"ICG Advisors has 70 clients and manages $7.92 billion for them, as of May 2026. They include 55 high-net-worth individuals, 11 pooled investment vehicles and 2 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 21 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does ICG Advisors offer?","answer":"ICG Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does ICG Advisors charge?","answer":"ICG Advisors charges 0.20%–1.00% a year for its Client Account management fee. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"ICG ADVISORS ADV PART 2 BROCHURE, filed 21 May 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does ICG Advisors use?","answer":"ICG Advisors’ separately managed account assets are held at RBC Capital Markets, LLC (Minneapolis, MN), with $1.52B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does ICG Advisors have?","answer":"ICG Advisors has 1 investment adviser representative registered with state securities authorities, out of 26 employees, and 24 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does ICG Advisors invest in?","answer":"At the end of its last fiscal year, ICG Advisors’ separately managed accounts held 70% pooled vehicles (private funds and similar), 17% exchange-traded equities, 9% cash and equivalents, 2% non-exchange-traded equities, 1% investment grade corporate bonds and 1% registered funds (mutual funds, ETFs, BDCs). It advises 11 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns ICG Advisors?","answer":"ICG Advisors is owned through a chain of holding companies by Cecelia Assaf. Its direct owners are Joseph Assaf (75% or more) and Pippy Corp. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 21 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does ICG Advisors get paid?","answer":"ICG Advisors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is ICG Advisors registered with the SEC?","answer":"Yes, ICG Advisors has been registered with the SEC as an investment adviser since 6 October 2008. Its CRD number is 148066 and its SEC file number is 801-69638.","source":"Form ADV Part 1A, Item 1, filed 21 May 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact ICG Advisors?","answer":"ICG Advisors’ main office is at 11111 Santa Monica Boulevard, Ste. 2100, Los Angeles, CA 90025. Its phone number is 424-270-8900. Its website is icgadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 21 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/icg-advisors-148066/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-16","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2089727/000175496026000544/0001754960-26-000544-index.html","totalValue":30074295,"positionCount":5,"top10Share":1,"top10":[{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 1","cusip":"46090E103","value":20486856,"shares":31571,"shareType":"SH","priorValue":18055344,"priorShares":31282},{"issuer":"FTAI AVIATION LTD","titleOfClass":"SHS","cusip":"G3730V105","value":5410600,"shares":20000,"shareType":"SH","priorValue":4900000,"priorShares":20000},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":2775130,"shares":3716,"shareType":"SH","priorValue":2409401,"priorShares":3704},{"issuer":"CEREBRAS SYSTEMS INC","titleOfClass":"COM CL A","cusip":"15675D103","value":1184339,"shares":5359,"shareType":"SH"},{"issuer":"FTAI INFRASTRUCTURE INC","titleOfClass":"COMMON STOCK","cusip":"35953C106","value":217370,"shares":46847,"shareType":"SH","priorValue":231424,"priorShares":46847}],"positionsListed":5,"positions":[{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 1","cusip":"46090E103","value":20486856,"shares":31571,"shareType":"SH","priorValue":18055344,"priorShares":31282},{"issuer":"FTAI AVIATION LTD","titleOfClass":"SHS","cusip":"G3730V105","value":5410600,"shares":20000,"shareType":"SH","priorValue":4900000,"priorShares":20000},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":2775130,"shares":3716,"shareType":"SH","priorValue":2409401,"priorShares":3704},{"issuer":"CEREBRAS SYSTEMS INC","titleOfClass":"COM CL A","cusip":"15675D103","value":1184339,"shares":5359,"shareType":"SH"},{"issuer":"FTAI INFRASTRUCTURE INC","titleOfClass":"COMMON STOCK","cusip":"35953C106","value":217370,"shares":46847,"shareType":"SH","priorValue":231424,"priorShares":46847}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}