Keats, Connelly And Associates, LLC (Phoenix)


Keats, Connelly And Associates, LLC is a large advisory firm based in Phoenix. It manages $279.55 million of regulatory assets for 306 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Florida, and 3 other states.

Keats, Connelly And Associates provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Keats, Connelly And Associates: assets under management

The assets under management (AUM) of Keats, Connelly And Associates, LLC is $279.55 million. The firm's AUM has grown by 133% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $274.68 million in discretionary accounts and $4.88 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $953.73 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $271.08 thousand.
Keats, Connelly And Associates has custody of $77.02 million in cash and securities for 67 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 73% of the total AUM. The second-largest asset type is sovereign bonds, which make up 8% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Keats, Connelly And Associates, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bryant Elias Andrus serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Bryant Elias Andrus is high net worth individuals with 65 clients and $257.95 million of assets under management. Among the 10 most similar advisory firms, Keats, Connelly And Associates has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $277.95 million for 100 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 7% of the firm’s clients are foreign persons or businesses.

Keats, Connelly And Associates doesn't advise any private funds.

Careers at Keats, Connelly And Associates, LLC

The company employs 26 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. 15 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Bryant Elias Andrus has been acting as President since 1 Sep 2016. Sally Ann Taylor joined the executive team most recently as the Ceo.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Harvey Levine Investment advisor represenatative 1 Sep 2006 Other 5217790
Keats Connelly And Associates Inc. Owner 1 Oct 2008 75% - 100% 110604
Dale Allen Walters Chief executive officer/chief compliance officer 1 Oct 2008 Other 714941
John Edward Rice Cio 1 Mar 2014 Other 2221567
Donald Matthew Zienty Cco 1 Jun 2016 Other 4460455
Sally Ann Taylor Ceo 1 Sep 2016 Other 4935024
Bryant Elias Andrus President 1 Sep 2016 Other 5054636
Dale Allen Walters Chairman 1 Sep 2016 Other 714941

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Robert Francis Keats President 1 Oct 1990 75% - 100% 1145582

Based in Phoenix

The principal office where Keats, Connelly And Associates, LLC performs its advisory services is located at 3336 N. 32 Nd Street, Phoenix, AZ 85018 6241, which is also the mailing address of the firm. An additional office of the firm is in Delray Beach, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 602-955-5007 or by fax 602-224-5874. The normal business hours are 7:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at canadianustitleservice.com/.