R.K. Advisors, Inc (Ft. Lauderdale)

Name: R.K. Advisors, Inc
Address: 6451 N. Federal Hwy, Ft. Lauderdale, FL, 33308
Telephone: 954-782-4771

R.K. Advisors, Inc is a large advisory firm based in Ft. Lauderdale. It manages $83.9 million of regulatory assets for 210 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Arizona, California, and 25 other states.

R.K. Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

R.K. Advisors: assets under management

The assets under management (AUM) of R.K. Advisors, Inc is $83.9 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.29 million in discretionary accounts and $79.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $126.17 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $452.35 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay R.K. Advisors, Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at R.K. Advisors, Inc

Brian John Kovack has been acting as President since 1 Aug 2000. Patrick James Castelli joined the executive team most recently as the Senior Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ronald John Kovack	Chief executive officer	1 Apr 1997	50% - 75%	602923
Brian John Kovack	President	1 Aug 2000	25% - 50%	2809477
James Chris Mills	Managing director	1 Jun 2003	Other	3015276
George Randy Cupples	Chief compliance officer	1 Nov 2004	Other	4029475
Patrick James Castelli	Senior vice president	1 Jan 2005	Other	1711822
Patrick James Castelli	Senior vice president	1 Sep 2005	Other	1711822

Based in Ft. Lauderdale

The principal office where R.K. Advisors, Inc performs its advisory services is located at 6451 N. Federal Hwy, Ft. Lauderdale, FL 33308, 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 954-782-4771 or by fax 954-861-2903. The normal business hours are 9 a.m to 5 p.m. est on Monday - Friday. You can find more information about the New York firm at www.rkadvisors.com.