{
  "crd_number": 304315,
  "slug": "investment-research-partners-lemont-pa-304315",
  "primary_business_name": "INVESTMENT RESEARCH PARTNERS",
  "legal_name": "INVESTMENT RESEARCH PARTNERS LLC",
  "dbas": [
    "NEW LANTERN ADVISORS"
  ],
  "city": "Lemont",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "44300",
  "metro": {
    "cbsa_code": "44300",
    "common_name": "State College",
    "msa_name": "State College, PA",
    "path": "/advisors/pa/state-college"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-06-24",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 512374995.0,
  "raum_discretionary": 427302171.0,
  "raum_non_discretionary": 85072824.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other_investment_advisers": {
      "raum": 427302171.0,
      "count": null,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 85072824.0,
      "count": 3
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "FL",
    "GA",
    "NY",
    "PA",
    "VA"
  ],
  "websites": [
    "https://investmentresearchpartners.com",
    "https://linkedin.com/company/investment-research-partnership-irp-/about",
    "https://newlanterncapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304315",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    }
  ],
  "city_as_filed": "LEMONT",
  "url": "https://advisorcensus.com/firm/investment-research-partners-lemont-pa-304315",
  "display_name": "Investment Research Partners",
  "summary": "Investment Research Partners is an SEC-registered investment advisory firm in Lemont, PA, registered since 2019, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Investment Research Partners (CRD 304315): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Investment Research Partners compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Investment Research Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "How much does Investment Research Partners charge?",
      "a": "Its Form ADV Part 2A brochure dated March 26, 2026 states: Subscription: $1,500 to $15,000 a month (fixed fee for Sub-Advisory Services); Hourly rate: $75 to $250 an hour (Consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Investment Research Partners located?",
      "a": "Investment Research Partners' principal office is in Lemont, PA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Investment Research Partners registered with the SEC or a state?",
      "a": "Investment Research Partners is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304315."
    },
    {
      "q": "How much does Investment Research Partners manage?",
      "a": "Investment Research Partners reports $512,374,995 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (83% discretionary)."
    },
    {
      "q": "How have Investment Research Partners' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Investment Research Partners: Regulatory assets under management: $299,100,689 in the October 2021 data and $512,374,995 in the October 2026 data, up 71%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Investment Research Partners serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3)."
    },
    {
      "q": "Does Investment Research Partners report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/304315"
    },
    {
      "q": "What changed in Investment Research Partners' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $359,601,103 to $512,374,995 (+42%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 299100689.0,
      "total_employees": 5,
      "filing_date": "2021-04-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 406068728.0,
      "total_employees": 7,
      "filing_date": "2022-07-18"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 276217044.0,
      "total_employees": 7,
      "filing_date": "2023-08-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 300801708.0,
      "total_employees": 6,
      "filing_date": "2024-07-12"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 359601103.0,
      "total_employees": 6,
      "filing_date": "2025-04-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 512374995.0,
      "total_employees": 6,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $359,601,103 to $512,374,995 (+42%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in GA, VA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 26, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Subscription: $1,500 to $15,000 a month (fixed fee for Sub-Advisory Services)",
      "Hourly rate: $75 to $250 an hour (Consulting services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $1,500 to $15,000 a month (fixed fee for Sub-Advisory Services)"
        ],
        "quotes": [
          "Adviser Clients may also pay a fixed fee ranging from $1,500 to $15,000 per month dependent upon the scope of services and the size of the Adviser Client."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $75 to $250 an hour (Consulting services)"
        ],
        "quotes": [
          "Fixed fees will be between $2,500 and $60,000 per annum. Hourly fees will be between $75 and $250 per hour."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "subscription",
          "amount": null,
          "min": 1500.0,
          "max": 15000.0,
          "period": "monthly",
          "service": "fixed fee for Sub-Advisory Services"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 75.0,
          "max": 250.0,
          "period": "hour",
          "service": "Consulting services"
        }
      ]
    },
    "quotes": [
      "Adviser Clients may also pay a fixed fee ranging from $1,500 to $15,000 per month dependent upon the scope of services and the size of the Adviser Client.",
      "Fixed fees will be between $2,500 and $60,000 per annum. Hourly fees will be between $75 and $250 per hour."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/investment-research-partners-lemont-pa-304315.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 85072824.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": 427302171.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304315",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}