Kb Financial Partners, LLC is a large advisory firm based in Princeton. It manages $593.79 million of regulatory assets for 267 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.
Kb Financial Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Kb Financial Partners, LLC is $593.79 million. The firm's AUM has grown by 185% 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 Kb Financial Partners, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of James David Kaplan is high net worth individuals with 130 clients and $482.28 million of assets under management. Among the 12 most similar advisory firms, Kb Financial Partners has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $585.42 million for 264 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.
Kb Financial Partners doesn't advise any private funds.
The company employs 15 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people 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.
James David Kaplan has been acting as President since 1 Jul 1999. Erik Mosholt has served as the Chief Investment Officer since 1 Jul 2005. Llc Kb Financial Companies joined the executive team most recently as the Managing Member.
The principal office where Kb Financial Partners, LLC performs its advisory services is located at 300 Carnegie Center #240, Princeton, NJ 08540, which is also the mailing address of the firm. An additional office of the firm is in Point Pleasant Beach, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 609-514-4700 or by fax 609-514-4725. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at kbfinancialpartners.com.