Mcf Advisors, LLC is a large advisory firm based in Covington. It manages $1.55 billion of regulatory assets for 3,867 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, California, Florida, and 8 other states.
Mcf Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and bill-payment. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mcf Advisors, LLC is $1.55 billion. The firm's AUM has grown by 3687% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mcf Advisors, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mcf Advisors is pension and profit sharing plans with 48 clients and $906.63 million of assets under management. Among the 9 most similar advisory firms, Mcf Advisors has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $1.55 billion for 2,669 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.
Mcf Advisors doesn't advise any private funds.
The company employs 23 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. 15 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Kristopher J Kellinghaus has served as the Chief Investment Officer since 1 Dec 2017 and David Lee Harris is the Chief Executive Officer of Mcf Advisors, LLC family office. Alyssa Ann Potter joined the executive team most recently as the Vp, Sr. Plan Consultant.
The principal office where Mcf Advisors, LLC performs its advisory services is located at 50 E. Rivercenter Blvd.,, Covington, KY 41011, which is also the mailing address of the firm. An additional office of the firm is in Lexington, KY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 859-392-8600 or by fax 859-392-8603. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at mcfadvisors.com and its LinkedIn profile.