9AT: INVESTMENT CONSULTANTS LLC

INVESTMENT CONSULTANTS LLC

INVESTMENT CONSULTANTS LLC

Adviser Profile

As of Date	03/23/2026
Registration	SEC, Approved, 06/04/2021
Contact Info	847 xxxxxxx

AUM^*	122,727,571 -15%
of that, discretionary	0
Number of Employees	1
of those in investment advisory functions	1
Private Fund GAV^*	0
Avg Account Size	6,459,346 -15%
% High Net Worth	28.00% 8%
SMA’s	No
Private Funds	0

Adviser Type

- Large advisory firm

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pension and profit sharing plans
- Other

Advisory Activities

- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)

Reported AUM

236M 202M 168M 135M 101M 67M 34M

2021 2022 2023 2024 2025 2026

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Brochure Summary

Overview

Advisory Business (for Part 2A of Form ADV: Firm Brochure -- Investment Consultants LLC (IC LLC)): Investment Consultants LLC (IC LLC) is the successor company to Investment Consultants (IC), which was founded in January of 1992. IC LLC is independent of investment product companies and serves as an alternative to the advisory services offered by captive or affiliated business units of “diversified” financial product providers and as an alternative to larger consulting and advisory firms that originally served large institutional investors (such as defined benefit plans, endowments, and educational institutions). IC LLC is a Registered Investment Adviser with the SEC, and is managed by William D. Gela (Managing Director & Owner). Investment Consultants' mission is "to provide investment advisory services to support the wealth creation of retirement plan participants of client sponsors while supporting the plan trustees' fiduciary responsibilities; and to assist in the investment goal attainment of individual investor-clients and other asset pool oversight committees (e.g., foundations and endowments and industry associations)." Investment Consultants LLC (IC LLC) provides non-discretionary investment advisory services to investors (i.e., the investor client makes the ultimate decision regarding the purchase or sale of investments). IC LLC and its investment professional are investment advice fiduciaries under Title I of ERISA and the IRS, as applicable, when providing investment advice to retirement

investors; and IC LLC is a 3(21) fiduciary, regarding client businesses' retirement plans. Investment Consultants LLC consults with committees that have oversight of various asset pools (such as defined contribution plans and endowments) and with individuals and family trusts: 1. To define appropriate investment management styles or objectives in which to invest; 2. To define the overall asset allocation and which investment vehicles (typically mutual funds) should be used; 3. To define and conduct plan participant education sessions as needed; and 4. To monitor the investment vehicles’ performances, defining future changes as appropriate. Investment Consultants LLC provides investment supervisory services to most individual clients, and investment advisory services to qualified plan clients and clients' other asset pools. When IC LLC makes a specific investment product recommendation it will typically be a mutual fund. IC LLC tailors its services to specific clients, who can (and sometimes do) put restrictions on the types of securities in which they wish to invest. IC LLC does not participate in any wrap fee programs. William D. Gela is the 100% owner of Investment Consultants LLC. Investment Consultants LLC manages $0 of client assets on a discretionary basis and $152,836,735 of client assets on a non-discretionary basis (as of 12/31/2022). William D. Gela is the only person who acts in an advisory capacity for Investment Consultants LLC. There are no individuals in IC LLC who require supervision.