# ICP Group Investment Manager, LLC

> ICP Group Investment Manager, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 219518
- Filed as: ICP GROUP INVESTMENT MANAGER, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/219518
- AdvisorCensus page: https://advisorcensus.com/firm/icp-group-investment-manager-llc-dallas-tx-219518

## Quick answers

**How is ICP Group Investment Manager, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), ICP Group Investment Manager, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is ICP Group Investment Manager, LLC located?**
ICP Group Investment Manager, LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is ICP Group Investment Manager, LLC registered with the SEC or a state?**
ICP Group Investment Manager, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 219518.

**How much does ICP Group Investment Manager, LLC manage?**
ICP Group Investment Manager, LLC reports $215,916,134 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (77% discretionary).

**How have ICP Group Investment Manager, LLC's assets and staff changed since 2021?**
In the Form ADV data for ICP Group Investment Manager, LLC: Regulatory assets under management: $238,117,620 in the October 2021 data and $215,916,134 in the October 2026 data, down 9%. Total employees: 9 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does ICP Group Investment Manager, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7); other (1).

**Which custodians does ICP Group Investment Manager, LLC use?**
ICP Group Investment Manager, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Origin Bank as a custodian holding 10% or more of its separately managed account assets.

**Does ICP Group Investment Manager, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/219518

**What changed in ICP Group Investment Manager, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 5.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Origin Bank

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $215,916,134
- Discretionary: $165,916,134
- Non-discretionary: $50,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $165,916,134 |
| Other | 1 | $50,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2020 (6 years)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- icpgp.com
- LinkedIn @icpgp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $238,117,620 | 9 | September 13, 2021 |
| October 2022 | $248,756,533 | 7 | April 29, 2022 |
| October 2023 | $263,257,645 | 6 | March 31, 2023 |
| October 2024 | $235,691,624 | 6 | September 18, 2024 |
| October 2025 | $231,853,682 | 5 | March 31, 2025 |
| October 2026 | $215,916,134 | 6 | March 31, 2026 |

Regulatory assets under management: $238,117,620 in the October 2021 data and $215,916,134 in the October 2026 data, down 9%.
Total employees: 9 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 5.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. ICP Group Investment Manager, LLC (CRD 219518): Form ADV filing data as of October 2026.