Independence Capital Co., Inc.

Registered investment adviser · Parma, OH · CRD #24723

Form ADV data as of 2026-09-01

Regulatory assets

$118.7 million

Total accounts

300

Employees

Disclosure events

Firm details

Website: http://www.indcap.com
Telephone: 440-888-7000
SEC file number: 801-136903
Most recent Form ADV filing: 2026-07-24
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 7 disclosure questions answered Yes, covering 12 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Another regulator found a violation of investment-related regulations or statutes
Another regulator found the firm caused a business to lose or have its authorization restricted
Another regulator entered an order in connection with investment-related activity (past 10 years)
Another regulator denied, suspended, or revoked a registration or restricted activity
A self-regulatory organization found a violation of its rules
A self-regulatory organization found the firm caused a business to lose or have its authorization restricted
A self-regulatory organization expelled, suspended, barred, or restricted the firm

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$118.1 million
Non-discretionary regulatory assets under management	$549,571
Total regulatory assets under management	$118.7 million
Discretionary accounts	290
Non-discretionary accounts	10
Total accounts	300
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	43
Employees performing investment advisory functions (including research)	25
Employees who are registered representatives of a broker-dealer	41
Employees registered as investment adviser representatives with a state	25
Employees registered as IARs for another investment adviser	8
Employees who are licensed insurance agents	36
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	2

How the firm is compensated

A percentage of assets under managementHourly charges

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)

Other business activities

Broker-dealer (registered or unregistered)

Affiliated related persons

Accountant or accounting firmLawyer or law firmInsurance company or agency

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another proprietary interest
Recommends brokers or dealers to clients

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	280	$74.8 million
High net worth individuals	20	$43.9 million