# IBEX WEALTH ADVISORS

IBEX WEALTH ADVISORS is a Pension Fund based in West Palm Beach, Belgium.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** West Palm Beach, Belgium
- **Region:** North America
- **Address:** Boulevard Simon Bolivar 36, Brussels, NJ, United States
- **Founded:** 2014
- **Assets under management:** Undisclosed
- **Website:** tractebel-engie.com
- **LinkedIn:** https://www.linkedin.com/company/andrerapoport2001

## Regulatory record

- **CRD number:** 168674
- **SEC file number:** 801-78971
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-30T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/168674

## About

IBEX WEALTH ADVISORS was established in 2014. Glenn E. Stephenson serves as managing member. The firm lists James J. Varaklis, Phillip Rongo and Steven Rapoport as co-founders. Public filings show concentrated technology holdings. Positions include NVIDIA at an estimated $128M, Broadcom at $57M and Palantir at $43M as of Q3 2025. Additional holdings span Microsoft, Apple and Amazon. The firm also maintains a $6.5M position in Alexandria Real Estate Equities. Allocations include private equity at a 5% target. James Varaklis participates in ALPFA NJ events as a speaker on wealth management topics. The firm maintains a relationship with LPL Financial as custodian since 2014 and with Private Advisor Group since 2016. No additional offices are recorded. The firm operates as an RIA with 100% ownership retained by the four named principals. No external limited partners or fund vehicles are disclosed.

## Sectors

- Financial Services

## People

- Glenn E. Stephenson — Managing Member and Owner
- James J. Varaklis — Co-Founder, Owner, and Chief Compliance Officer
- Phillip Rongo — Co-Founder and Owner
- Steven Rapoport — Co-Founder and Managing Director

## Questions

### Who runs investment decisions at IBEX WEALTH ADVISORS?

Glenn E. Stephenson acts as managing member. James J. Varaklis serves as chief compliance officer. Phillip Rongo and Steven Rapoport hold ownership and director roles.

### Does IBEX WEALTH ADVISORS participate in fund commitments or only direct deals?

Public records show direct equity holdings and a 5% private equity allocation target. No fund commitments are listed.

### What investment stages does IBEX WEALTH ADVISORS typically target?

Holdings reflect public market equities and one REIT position. Private equity exposure sits at a 5% target.

## Related profiles

- [KwaZulu-Natal Joint Municipal Provident Fund](https://altss.com/profile/kwazulu-natal-joint-municipal-provident-fund)
- [Rady Children's Health](https://altss.com/profile/rady-children-s-health)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/ibex-wealth-advisors-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology