{"url":"https://nivawealth.com/firms/investment-consulting-group-106967","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/106967","regulatoryAum":2840654290,"crd":"106967","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7581897","suffix":null,"lastName":"Curry","firstName":"Shane","middleName":"Matthew"},{"crd":"702426","suffix":null,"lastName":"STANFORTH","firstName":"DONALD","middleName":"RAY"},{"crd":"5119305","suffix":null,"lastName":"STANFORTH","firstName":"ROSS","middleName":"CURRAN"}],"total":3,"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":"2021-03-29","regulatoryAum":2382350519,"clients":164,"employees":2,"offices":1},{"filedOn":"2022-03-11","regulatoryAum":2714659309,"clients":169,"employees":2,"offices":1},{"filedOn":"2023-04-17","regulatoryAum":2104639015,"clients":168,"employees":2,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":2378969762,"clients":195,"employees":2,"offices":1},{"filedOn":"2025-03-13","regulatoryAum":2600394647,"clients":184,"employees":7,"offices":1},{"filedOn":"2026-08-24","regulatoryAum":2840654290,"clients":179,"employees":7,"offices":2}],"secFileNumber":"801-38594","legalName":"Investment Consulting Group Inc","displayName":"Investment Consulting Group","slug":"investment-consulting-group-106967","website":"https://icginc.co/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_wealth_manager","typeLabel":"OCIO / institutional wealth","feeDisclosure":"payment_only"},"founded":null,"organization":"Illinois corporation","fiscalYearEnd":"December","headquarters":{"street":"5117 Jersey Ridge Road, Suite 1","city":"Davenport","state":"IA","stateName":"Iowa","country":"United States","postalCode":"52807"},"tradeNames":[],"registration":{"secApproved":"31 January 1991","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2809308.64516129,"staff":{"employees":7,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":2840654290,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":2840654290,"nonDiscretionaryAccounts":504,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":53,"regulatoryAum":22727626},{"label":"High-net-worth individuals","clients":71,"regulatoryAum":325626646},{"label":"Pension and profit-sharing plans","clients":28,"regulatoryAum":2208248792},{"label":"Charitable organizations","clients":6,"regulatoryAum":31243736},{"label":"Insurance companies","clients":null,"fewerThan5":true,"regulatoryAum":5416873},{"label":"Corporations and other businesses","clients":16,"regulatoryAum":62106587},{"label":"Other","clients":5,"regulatoryAum":185284030}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":382997742},{"name":"Quad City Bank & Trust","shortName":"Quad City Bank & Trust","location":"Moline, IL","smaAssets":984740212},{"name":"The Vanguard Group, Inc.","shortName":"The Vanguard Group","location":"Malvern, PA","smaAssets":332583527},{"name":"First National Advisers, LLC","shortName":"First National Advisers","location":"Omaha, NE","smaAssets":323193525}],"custodyNote":"Investment Consulting Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Donald Stanforth","title":"President","crd":"702426"},{"name":"Ross Stanforth","title":"Vice President/Director/Chief Compliance Officer","crd":"5119305"},{"name":"Rita Stanforth","title":"Secretary/Treasurer","crd":"3050717"},{"name":"Austin Stanforth","title":"Director","crd":"5499535"},{"name":"Lisa Anne Stanforth","title":"Director","crd":"6039381"}],"ownership":[{"label":"Donald Stanforth","detail":"President in the 75% or more ownership band and a control person, since May 1990."},{"label":"Ross Stanforth","detail":"Vice president/director/chief compliance officer in the 5% to 10% ownership band, since March 2005."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Iowa","offices":1,"addresses":[{"street":"5117 Jersey Ridge Road, Suite 1","city":"Davenport","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"3 Railroad St Building D","city":"Fairport"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"563-322-2322","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":13},{"label":"U.S. government/agency bonds","percent":5},{"label":"Investment grade corporate bonds","percent":3},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":67},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":5},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"24 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/106967/PDF/106967.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Investment Consulting Group have?","answer":"Investment Consulting Group has 179 clients and manages $2.84 billion for them, as of August 2026. They include 71 high-net-worth individuals, 53 individual clients, and 28 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 24 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Investment Consulting Group offer?","answer":"Investment Consulting Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Investment Consulting Group use?","answer":"Investment Consulting Group’s separately managed account assets are held at Quad City Bank & Trust (Moline, IL), with $985M, Charles Schwab & Co., Inc. (San Francisco, CA), with $383M, The Vanguard Group, Inc. (Malvern, PA), with $333M and First National Advisers, LLC (Omaha, NE), with $323M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Investment Consulting Group have?","answer":"Investment Consulting Group has 3 investment adviser representatives registered with state securities authorities, out of 7 employees, and 3 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 Investment Consulting Group invest in?","answer":"At the end of its last fiscal year, Investment Consulting Group’s separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 13% exchange-traded equities, 6% cash and equivalents, 5% U.S. government and agency bonds, 5% pooled vehicles (private funds and similar), 3% investment grade corporate bonds and 1% high-yield corporate bonds.","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 Investment Consulting Group?","answer":"Investment Consulting Group’s direct owners are Donald Stanforth (75% or more) and Ross Stanforth (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 24 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Investment Consulting Group get paid?","answer":"Investment Consulting Group is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees 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":"How do I contact Investment Consulting Group?","answer":"Investment Consulting Group’s main office is at 5117 Jersey Ridge Road, Suite 1, Davenport, IA 52807. Its phone number is 563-322-2322. Its website is icginc.co.","source":"Form ADV Part 1A, Item 1.F, filed 24 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"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."}