Kapusta Financial Group, Inc. (Pittsburgh)

Name: Kapusta Financial Group, Inc.
Address: 110 Fort Couch Road,Suite 108, Pittsburgh, PA, 15241
Telephone: 412-851-1400

Kapusta Financial Group, Inc. is a large advisory firm based in Pittsburgh. It manages $110.22 million of regulatory assets for 818 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida and Pennsylvania.

Kapusta Financial Group provides financial planning services, portfolio management for individuals and small businesses, and retirement planning; 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.

Kapusta Financial Group: assets under management

The assets under management (AUM) of Kapusta Financial Group, Inc. is $110.22 million. The company doesn't manage any assets belonging to foreign clients.

Kapusta Financial Group has custody of $93.76 million in cash and securities for 205 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 58% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 37% of the firm’s portfolio. Investments in exchange traded securities form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kapusta Financial Group, Inc. 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 George Michael Kapusta serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of George Michael Kapusta is individuals with 162 clients and $60.44 million of assets under management. Among the 9 most similar advisory firms, Kapusta Financial Group has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $110.13 million for 188 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.

Kapusta Financial Group doesn't advise any private funds.

Careers at Kapusta Financial Group, Inc.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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
George Michael Kapusta	President/chief compliance officer	1 Jan 1999	75% - 100%	1138012

Based in Pittsburgh

The principal office where Kapusta Financial Group, Inc. performs its advisory services is located at 110 Fort Couch Road,Suite 108, Pittsburgh, PA 15241, 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 412-851-1400 or by fax 412-851-1403. 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 kapustafinancial.com.