M.Kraus & Company (Shelburne)

Name: M.Kraus & Company
Address: 4076 Shelburne Road, Shelburne, VT, 05482
Telephone: 802-985-2620

M.Kraus & Company is a large advisory firm based in Shelburne. It manages $280.69 million of regulatory assets for 373 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 6 other states.

M.Kraus & Company provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

M.Kraus & Company: assets under management

The assets under management (AUM) of M.Kraus & Company is $280.69 million. The firm's AUM has grown by 194% since the beginning of its operation, and $2.36 million of the total AUM is attributable to clients outside of the United States.

The firm manages $249 million in discretionary accounts and $31.69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $691.67 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.44 million.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in investment grade corporate bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay M.Kraus & Company 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 Jeffrey Lawrence Cohn serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Jeffrey Lawrence Cohn is high net worth individuals with 97 clients and $241.6 million of assets under management. Among the 8 most similar advisory firms, M.Kraus & Company has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $278.11 million for 176 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

M.Kraus & Company doesn't advise any private funds.

Careers at M.Kraus & Company

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 4 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.

Jeffrey Lawrence Cohn has been acting as President since 1 May 1996. Denise Marie Dalton joined the executive team most recently as the Senior Vice President / Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Aileen Jane Kraus	President, chief compliance officer	1 May 1996	75% - 100%	1177342
Jeffrey Lawrence Cohn	Director	1 May 1996	25% - 50%	844263
Aileen Jane Kraus	President, chief compliance officer	1 May 2008	50% - 75%	1177342
Christopher Michael Capano	Executive vice president	1 Nov 2014	Other	2033819
Danielle Lori Nash	Chief compliance officer	1 Jan 2018	Other	4907138
Denise Marie Dalton	Senior vice president	1 Jan 2018	Other	4629516
Denise Marie Dalton	Senior vice president / chief compliance officer	1 Nov 2018	Other	4629516

Based in Shelburne

The principal office where M.Kraus & Company performs its advisory services is located at 4076 Shelburne Road, Shelburne, VT 05482 The mailing address of the firm is P.O. Box 9, Shelburne, VT 05482. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 802-985-2620 or by fax 802-985-8252. The normal business hours are m-th:9:00am to 5:00pm; f: 9:00am to 4:00pm on Monday - Friday. You can find more information about the New York firm at mkrausco.com.