Iqvestment, LLC

IQvestment, LLC, based in Woburn, MA, offers discretionary investment management services through online portals to independent advisor firms, banks, and individual investors. The firm provides various Wrap Fee Programs with Model Portfolios tailored to investors' risk appetites, including equities, ETFs, and mutual funds. Fees are based on assets under management, ranging from a flat monthly fee up to $9.95 for certain account sizes to a basis point fee up to 35 bps charged quarterly. Clients may face higher fees during periods of inactivity. The firm manages approximately $43.4 million in discretionary assets and rebalances portfolios quarterly. IQvestment does not charge performance-based fees and relies on risk tolerance assessments to select portfolios. Clients have no minimum account balance requirement but may pay higher fees with lower balances. The firm emphasizes risk factors such as company, financial, inflation, management, and market risks. Clients communicate with IQvestment online, and the firm has a Code of Ethics to ensure fiduciary responsibilities are met. IQvestment discloses affiliations and financial information, and clients can review their accounts and update information as needed through the digital platform.