SourcingSourcing

IPEX, INC.

C37
CRD 124337·SEC 801-71851·PLYMOUTH, MI
AUM
$2.65B
$1B+
Est. Revenue
$26.5M
@ 1% on AUM
Est. EBITDA
$8.0M
@ 30% margin
Est. Deal Value
$63.7M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
IPEX, INC.
CRD
124337
SEC file #
801-71851
EIN
—
DBA names
—

Economics

AUM
$2.65B
AUM band
$1B+
AUM trajectory
'20'26
$1.47B → $2.65B▲ +81%
Client mix
Charitable Organizations22
Corporations19
Individuals High Net Worth3

Operations

Employees (total)
3
Advisory staff (per ADV)
2
Advisory staff (5-yr trend)
'20'26
2 advisors → 2 advisors▬ 0%
Primary office
PLYMOUTH MI
Branches
—

Custodian & Brokerage

Primary custodian
E*Tradelow confidence
Services offered
Portfolio mgmt — individualsPortfolio mgmt — businessesPension consultingOther Advisory Services
Fee basis
% of AUMFixed fees

Filings

Latest ADV filing
04/15/2026
ADV-W filed at
—
Website
ipexusa.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
LAPPING, SHALE, PHILIP
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
3
Control Persons
LAPPING, SHALE, PHILIP
CUPCHAK, STEVEN, JOHN
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
IPEXUSA.COM
Rdap Domain Creation Date
1997-08-04T04:00:00Z
Rdap Firm Age Years
29
Rdap Firm Age Band
20+y
Rdap Registrar
Network Solutions, LLC

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No
Form 5500 Plan Count
1
Form 5500 Total Compensation
6,250
Form 5500 Compensation Trajectory 3y
20256,250
Form 5500 Plan Count Trajectory 3y
20251
Schedule C Total Compensation
6,250
Schedule C Service Provider Rows
1

SEC EDGAR

Edgar Cik
0001368616
Edgar Registered
Yes
Edgar Filing Count
63
Edgar First Filing Date
2006-07-11
Edgar Last Filing Date
2016-07-20
Edgar 13f Count
47
Edgar 13f Latest AUM Estimate
Filing Date2016-05-16
Accession0001368616-16-000012

Compliance & brand

Firm Registration Status
active

All other collected signals (16)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
3
Bc Firm IAR Count
3
Custodian Candidates
Full
E*trade4
Edgar Addresses
Mailing
250 WEST 55TH STREETNEW YORK, NY 10019
Business
250 WEST 55TH STREETNEW YORK, NY 10019
Edgar Recent Filings
3/A2016-07-20 · 0001140361-16-072848
13F-HR2016-05-16 · 0001368616-16-000012
Firm Has Custody
No
Mailing Office Differs
No
Rdap Domain Expiration Date
2030-08-03T04:00:00Z
Rdap Domain Last Changed
2025-06-04T13:43:57Z
Rdap Nameservers
Ns71.worldnic.comNs72.worldnic.com
Rdap Secure Dns Enabled
No
Rdap Status
Active
Top Owner CRD
1956060
Trust Company Affiliate
No

People (3)

3
LAPPING, SHALE, PHILIP
IAR · Direct Owner · 87.5%
1956060
PATEL, NEHA, K
IAR · Executive Officer · 2.5%
5347914
CUPCHAK, STEVEN, JOHN
IAR · Executive Officer · 2.5%
2215891