{"url":"https://nivawealth.com/firms/investment-performance-services-105527","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105527","regulatoryAum":763736810,"crd":"105527","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1732628","suffix":null,"lastName":"MAGEE","firstName":"MICHAEL","middleName":"PATRICK"}],"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":"2021-03-31","regulatoryAum":484000000,"clients":165,"employees":36,"offices":2},{"filedOn":"2022-03-30","regulatoryAum":516600000,"clients":0,"employees":37,"offices":2},{"filedOn":"2023-03-30","regulatoryAum":495000000,"clients":0,"employees":38,"offices":2},{"filedOn":"2024-03-27","regulatoryAum":617900000,"clients":0,"employees":32,"offices":2},{"filedOn":"2025-03-24","regulatoryAum":746000000,"clients":0,"employees":34,"offices":2},{"filedOn":"2026-03-26","regulatoryAum":763736810,"clients":0,"employees":34,"offices":2}],"secFileNumber":"801-33204","legalName":"Investment Performance Services LLC","displayName":"Investment Performance Services","slug":"investment-performance-services-105527","website":"https://ips-net.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/105527/6151b6749c6b5128-r1.webp","tone":"light","width":678,"height":200,"sourceUrl":"https://www.ips-net.com/","sourceLabel":"Investment Performance Services LLC, website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_consultant","typeLabel":"Consultant","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/investment-performance-services-llc","founded":null,"organization":"Georgia limited liability company","fiscalYearEnd":"December","headquarters":{"street":"570 East York Street","city":"Savannah","state":"GA","stateName":"Georgia","country":"United States","postalCode":"31401"},"tradeNames":[],"registration":{"secApproved":"3 November 1988","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":34,"advisory":11,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":763736810,"discretionary":763736810,"discretionaryAccounts":8,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":262},"clientTypes":[{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":624008604},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":14397922},{"label":"Other","clients":null,"fewerThan5":true,"regulatoryAum":125330284}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Investment Performance Services does not have custody of client assets.","leadership":[{"name":"Richard Sichel","title":"Chief Executive Officer, Senior Consultant, Managing Partner","crd":"4572908"},{"name":"Jennifer Holmes","title":"President, Senior Consultant, Senior Partner","crd":"3067760"},{"name":"Michael Magee","title":"Chief Operating Officer & Chief Compliance Officer","crd":"1732628"},{"name":"Christopher McDonough","title":"Chief Investment Officer, Senior Consultant, Partner","crd":"7034490"}],"ownership":[{"label":"Richard Sichel","detail":"Chief executive officer, senior consultant, managing partner in the 50% to 75% ownership band and a control person, since February 2025."},{"label":"Jennifer Holmes","detail":"President, senior consultant, senior partner in the 10% to 25% ownership band and a control person, since February 2025."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Georgia","offices":1,"addresses":[{"street":"570 East York Street","city":"Savannah","headquarters":true}]},{"state":"Pennsylvania","offices":1,"addresses":[{"street":"411 South State St","city":"Newtown"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"912-352-2862","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["Fixed fees (other than subscription fees)","Other"],"activities":["Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Educational seminars/workshops","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":27},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":56},{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":16,"detail":"The Raum Referred to in Response to This Item Relates to Four Clients That Have Conferred Discretionary Authority on Registrant Only to Select Investment Managers and Direct Portfolio Rebalancing."}],"privateFunds":0},"sources":{"adv1FilingDate":"26 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105527/PDF/105527.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":"What services does Investment Performance Services offer?","answer":"Investment Performance Services provides portfolio management for institutions, pension consulting, selecting other managers 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":"How many financial advisors does Investment Performance Services have?","answer":"Investment Performance Services has 0 investment adviser representatives registered with state securities authorities, out of 34 employees, and 11 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 Performance Services invest in?","answer":"At the end of its last fiscal year, Investment Performance Services’ separately managed accounts held 56% pooled vehicles (private funds and similar), 27% registered funds (mutual funds, ETFs, BDCs), 16% other and 1% cash and equivalents. The 16% other category is described as: The Raum Referred to in Response to This Item Relates to Four Clients That Have Conferred Discretionary Authority on Registrant Only to Select Investment Managers and Direct Portfolio Rebalancing.","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 Performance Services?","answer":"Investment Performance Services’ direct owners are Richard Sichel (50% to 75%) and Jennifer Holmes (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Investment Performance Services get paid?","answer":"Investment Performance Services is paid through fixed fees and other compensation. 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":"Is Investment Performance Services registered with the SEC?","answer":"Yes, Investment Performance Services has been registered with the SEC as an investment adviser since 3 November 1988. Its CRD number is 105527 and its SEC file number is 801-33204.","source":"Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Investment Performance Services?","answer":"Investment Performance Services’ main office is at 570 East York Street, Savannah, GA 31401. Its phone number is 912-352-2862. Its website is ips-net.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 March 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."}