Kmg Fiduciary Partners, LLC (Toledo)

Name: Kmg Fiduciary Partners, LLC
Address: 7530 Kings Pointe Road, Toledo, OH, 43617
Telephone: (419) 517-8040

Kmg Fiduciary Partners, LLC is a large advisory firm based in Toledo. It manages $366.97 million of regulatory assets for 1,068 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Colorado, Florida, and 10 other states.

Kmg Fiduciary Partners provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Kmg Fiduciary Partners: assets under management

The assets under management (AUM) of Kmg Fiduciary Partners, LLC is $366.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $366.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $343.61 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 39% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Kmg Fiduciary Partners, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kmg Fiduciary Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kmg Fiduciary Partners is high net worth individuals with 136 clients and $277.59 million of assets under management. Among the 5 most similar advisory firms, Kmg Fiduciary Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $365.76 million for 380 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Kmg Fiduciary Partners doesn't advise any private funds.

Careers at Kmg Fiduciary Partners, LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Richard Kaser	Managing member and chief compliance officer	1 Sep 2018	25% - 50%	1172233
Richard Joseph Kaser	Managing member and chief investment officer	1 Sep 2018	25% - 50%	2083645
Aaron Edward Mechling	Managing member and chief operating officer	1 Sep 2018	25% - 50%	2955036

Based in Toledo

The principal office where Kmg Fiduciary Partners, LLC performs its advisory services is located at 7530 Kings Pointe Road, Toledo, OH 43617, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (419) 517-8040. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at kmgfiduciarypartners.com.