Icon Advisers, Inc.
- Regulatory AUM
- $876M
- Discretionary
- $876M
- Clients
- 297
- Avg AUM / client
- $2.9M
- Accounts
- 297
- Employees
- 14
AUM over time
Annual snapshots from Form ADV filings · as of May 26, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 283 | $3.6M | 0.41% |
| High net worth individuals | 7 | $89.1M | 10.2% |
| Investment companies | 7 | $783M | 89.4% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Craig Thomas Callahan | Owner Portfolio Manager | Jan 1995 (32y) | ≈ 56.25% – 100% via Icon Management & Research Corporation | |
| Callahan, Brian, Thomas | President, Chief Compliance Officer | Aug 2020 (6y) | Less than 5% | |
| Donovan Jerald Paul | Registered representative | CFA | Jun 2013 (13y) | |
| Kenneth Harold Aulbach | Registered representative | Jul 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Icon Management & Research Corporation | Owner | Jun 1995 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Craig Thomas Callahan: 75% – 100% of Icon Management & Research Corporation × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/26/2026 | 1.01 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Other fees
- • ASSET-BASED FEE FROM MODEL-ONLY RECIPIENTS
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- Equity Advisor Solutions $100M (14% of AUM) Mar 2024
- Charles Schwab & Co. $81.6M (9% of AUM) May 2026
- Innovayte (Formerly Equity Advisor Solutions) $64.0M (7% of AUM) May 2026
- E*TRADE (Morgan Stanley) $21.8M (3% of AUM) Sep 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 26, 2026.
View current Form ADV (SEC/IAPD) ↗