Ckw Financial Group, LLC (Honolulu)

Name: Ckw Financial Group, LLC
Address: 1003 Bishop Street, Honolulu, HI, 96813
Telephone: 808-629-7600

Ckw Financial Group, LLC is a large advisory firm based in Honolulu. It manages $1.22 billion of regulatory assets for 1,149 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Hawaii, and Texas.

Ckw Financial Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ckw Financial Group: assets under management

The assets under management (AUM) of Ckw Financial Group, LLC is $1.22 billion. The firm's AUM has grown by 96% since the beginning of its operation, and $566.14 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $601.27 million in discretionary accounts and $616.58 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $545.12 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $13.4 million.

Ckw Financial Group has custody of $49.82 million in cash and securities for 139 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 67% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% of the firm’s portfolio. Investments in investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ckw Financial Group, LLC for their services and products based on a percentage of assets under management and fixed fees. 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 Ckw Financial Group serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ckw Financial Group is pension and profit sharing plans with 21 clients and $654.28 million of assets under management. Among the 7 most similar advisory firms, Ckw Financial Group has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.22 billion for 287 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.

Ckw Financial Group doesn't advise any private funds.

Careers at Ckw Financial Group, LLC

The company employs 7 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Carl Edward Choy	Managing member, cco	1 Oct 2009	50% - 75%	1049918
Lynne Renee Kinney	Managing member	1 Oct 2009	25% - 50%	2335935
Ronald Ching Wo	Member	1 Oct 2009	Other	4484670
Stephanie Toshie Katayama	Chief compliance officer	1 Dec 2009	Other	4388529
Dean Shin	Chief compliance officer	1 Jul 2011	Other	4388529

Based in Honolulu

The principal office where Ckw Financial Group, LLC performs its advisory services is located at 1003 Bishop Street, Honolulu, HI 96813, 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 808-629-7600 or by fax 808-675-5400. The normal business hours are 8:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at ckwhawaii.com.