At just 13 years old, Ivan Illán has already significantly impacted the finance industry. With a strong foundation laid by his grandfather, who was a former undersecretary of the treasury of Cuba, Ivan’s journey in finance began early. This article will explore Ivan’s remarkable achievements and the unique insights he brings to the table. With a focus on active portfolio management and a commitment to sharing knowledge, Ivan has set himself apart as a finance prodigy.
Influenced by Family:
Growing up with a grandfather who experienced the repercussions of a revolution, Ivan learned early on to approach life and business cautiously. The lessons he learned from his grandfather’s wisdom, and mentorship shaped his perspective on economics and fueled his passion for finance. Ivan values the importance of small details and nuances, often overlooked in traditional education but holding the key to mastery.
The Need for Active Management:
Ivan recognized a problem in the financial advisor industry – a seismic shift towards passive portfolio management. Many advisors act as intermediaries, passing the decision-making process to third-party programs or worse. Many more advisors just create passive “set-it-and-forget-it” portfolios that own all asset classes at all times, which then get rebalanced once a quarter. Industry studies have shown that clients still primarily hire financial advisors to advise on and actively manage their money, not just delegate it to others or focus solely on financial planning. This realization inspired him to start his service over 15 years ago, offering active and fully-integrated portfolio management and financial planning solutions.
Delivering Solutions:
Ivan’s firm provides comprehensive wealth management services, including financial planning, estate planning, and business exit strategies. At the core of their offerings is the ACGM Total Portfolio Solution Suite™, consisting of four total portfolio strategies across a growth-oriented risk spectrum. These strategies encompass cash, stocks, and bonds, focusing on global diversification and careful allocation based on the economic and business cycle.
Audited Performance History:
One aspect differentiating Ivan’s firm is its verified and publicly displayed performance history. Unlike many financial advisors who rely on the performance of institutional managers, Ivan’s team showcases their track record in decision-making. By demonstrating their asset allocation management expertise, they give clients confidence in all their other financial matters. This transparency and accountability distinguish Ivan’s firm from most other Hybrid RIAs in the industry.
Collaborative Approach:
Besides serving individual clients, Ivan’s firm collaborates with financial advisors and centers of influence, such as CPAs and attorneys. They believe in the power of collaboration to deliver holistic solutions to clients. They create a network that benefits financial advisors and clients by sharing revenues and expertise with COIs through the AWAIM Alliance Program. This inclusive approach fosters community and leverages collective knowledge to the clients’ advantage.
Conclusion: Ivan Illán’s extraordinary journey in finance begun at age 13 is a testament to his determination and unique insights. Influenced by his grandfather’s wisdom and mentorship, Ivan recognized the need for active portfolio management in the financial advisor industry. His firm’s comprehensive wealth management services, audited performance history, and collaborative approach set them apart from its competitors. Ivan’s commitment to sharing knowledge and empowering others showcases his dedication to leaving a lasting legacy in the finance industry. With Ivan’s innovative approach and expertise, he is poised to impact the financial world in the years to come significantly.
