# Ipex, Inc.

> Ipex, Inc. is an SEC-registered investment advisory firm in Plymouth, MI, registered since 2010, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 17, 2026.

- CRD: 124337
- Filed as: IPEX, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Plymouth, MI
- Filing period: October 2026
- Form ADV filing dated: June 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124337
- AdvisorCensus page: https://advisorcensus.com/firm/ipex-inc-plymouth-mi-124337

## Quick answers

**How is Ipex, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Ipex, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Ipex, Inc. located?**
Ipex, Inc.'s principal office is in Plymouth, MI, according to its Form ADV.

**Is Ipex, Inc. registered with the SEC or a state?**
Ipex, Inc. is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 124337.

**How much does Ipex, Inc. manage?**
Ipex, Inc. reports $2,654,083,361 in regulatory assets under management in its Form ADV filing dated June 17, 2026 (59% discretionary).

**How have Ipex, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Ipex, Inc.: Regulatory assets under management: $1,947,968,812 in the October 2021 data and $2,654,083,361 in the October 2026 data, up 36%. Total employees: 5 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ipex, Inc. serve?**
By number of clients on Form ADV Item 5.D: charitable organizations (22); corporations or other businesses not listed above (19); high net worth individuals (3).

**Does Ipex, Inc. 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/124337

**What changed in Ipex, Inc.'s recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $2,238,571,062 to $2,654,083,361 (+19%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $2,654,083,361
- Discretionary: $1,575,142,224
- Non-discretionary: $1,078,941,137

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 3 | $57,999,045 |
| Charitable organizations | 22 | $2,062,261,343 |
| Corporations or other businesses not listed above | 19 | $533,822,973 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Other

### Firm details
- Registered since: 2010 (16 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MI, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ipexusa.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,947,968,812 | 5 | March 25, 2021 |
| October 2022 | $2,176,591,026 | 5 | March 31, 2022 |
| October 2023 | $1,813,719,248 | 5 | March 23, 2023 |
| October 2024 | $2,025,333,472 | 3 | March 27, 2024 |
| October 2025 | $2,238,571,062 | 3 | March 31, 2025 |
| October 2026 | $2,654,083,361 | 3 | June 17, 2026 |

Regulatory assets under management: $1,947,968,812 in the October 2021 data and $2,654,083,361 in the October 2026 data, up 36%.
Total employees: 5 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $2,238,571,062 to $2,654,083,361 (+19%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ipex, Inc. (CRD 124337): Form ADV filing data as of October 2026.