Kfg Wealth Management, LLC (Granger)

Name: Kfg Wealth Management, LLC
Address: 6910 North Main Street, Granger, IN, 46530 8855
Telephone: 574-247-5898

Kfg Wealth Management, LLC is a large advisory firm based in Granger. It manages $268.57 million of regulatory assets for 3,209 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, Georgia, Illinois, and 7 other states.

Kfg Wealth Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kfg Wealth Management: assets under management

The assets under management (AUM) of Kfg Wealth Management, LLC is $268.57 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 802% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $268.57 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $83.69 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kfg Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Kfg Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kfg Wealth Management is individuals with 1,230 clients and $147.67 million of assets under management. Among the 13 most similar advisory firms, Kfg Wealth Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $268.57 million for 1,319 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.

Kfg Wealth Management doesn't advise any private funds.

Careers at Kfg Wealth Management, LLC

The company employs 24 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 17 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
Kevin Sidney Korhorn	President, chief compliance officer	1 Sep 2002	Other	2457232
Michael Paul Bernard	Compliance manager	1 Jan 2006	Other	4676663
Inc. Korhorn Financial Group	Owner	1 Jan 2007	75% - 100%	03-0488803
Shawn D Persing	Compliance manager	1 Jan 2011	Other	5046432
Joshua David Gregory	Officer	1 Nov 2013	Other	4442601
Michael Paul Bernard	Officer	1 Nov 2013	Other	4676663
Joshua David Gregory	Vice president, treasurer	1 Jan 2015	Other	4442601
Michael Paul Bernard	Vice president, secretary	1 Jan 2015	Other	4676663

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Kevin Sidney Korhorn	President/owner	1 Jan 2007	75% - 100%	2457232
Michael Paul Bernard	Owner	1 Sep 2015	Other	4676663
Joshua David Gregory	Owner	1 Sep 2015	Other	4442601

Based in Granger

The principal office where Kfg Wealth Management, LLC performs its advisory services is located at 6910 North Main Street, Granger, IN 46530 8855, which is also the mailing address of the firm. An additional office of the firm is in Nappanee, IN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 574-247-5898 or by fax 574-243-2639. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at korhorn.com.