Institutional Investment Advisors Corp

Institutional Investment Advisors Corp. is a registered investment adviser based in New York, NY, established in 1990 by Clifford Michaels. The firm specializes in offering personalized financial planning and investment management services to individuals, pension and profit sharing plans, trusts, estates, charitable organizations, corporations, and business entities. They provide financial planning services, including comprehensive planning and consultative services, with fees ranging from $250 to $1,995, and hourly consulting at $150 per hour. Investment management services are offered on a discretionary and non-discretionary basis, with an annual fee based on a percentage of assets under management, starting at 1.50% for the first $499,999. The minimum account size is $35,000, with a minimum annual fee of $525. The firm primarily advises on no-load or low-load mutual funds, exchange-traded funds, equities, and various other securities. They do not accept performance-based fees or engage in side-by-side management. Clients have the option to grant discretionary authority for investment decisions, with the firm using strategic asset allocation and a core-satellite approach. The firm does not vote on client securities and does not engage in class action lawsuits on behalf of clients. Clients' assets are held with an independent custodian, and the firm does not have physical custody over client funds or securities. The firm's investment approach considers various risks, including interest-rate, market, inflation, currency, reinvestment, business, liquidity, and financial risks. Clients receive regular account reviews and updates, and the firm does not compensate employees for client referrals. The firm's privacy policy ensures the confidentiality and security of clients' personal information.