Kays Financial Advisory Corp (Atlanta)

Name: Kays Financial Advisory Corp
Address: 200 Galleria Parkway Se, Atlanta, GA, 30339
Telephone: 770-951-9001

Kays Financial Advisory Corp is a large advisory firm based in Atlanta. It manages $495.08 million of regulatory assets for 1,839 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 6 other states.

Kays Financial Advisory Corp provides financial planning services, portfolio management for individuals and small businesses, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kays Financial Advisory Corp: assets under management

The assets under management (AUM) of Kays Financial Advisory Corp is $495.08 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 601% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $495.08 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $269.21 thousand each.

Kays Financial Advisory Corp has custody of $96 million in cash and securities for 224 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 83% of the total AUM. The second-largest asset type is exchange traded securities, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kays Financial Advisory Corp for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Scott Anthony Kays serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Scott Anthony Kays is high net worth individuals with 159 clients and $283.19 million of assets under management. Among the 12 most similar advisory firms, Kays Financial Advisory Corp has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $491.65 million for 592 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.

Kays Financial Advisory Corp doesn't advise any private funds.

Careers at Kays Financial Advisory Corp

The company employs 13 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. 7 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.

Scott Anthony Kays has been acting as President since 1 Mar 1985. Helen Clayton Shingler joined the executive team most recently as the Operations Manager, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Anthony Kays	President/treasurer/chief compliance officer	1 Mar 1985	75% - 100%	1269066
Lisa Clark Kays	V president/secretary	1 Mar 1985	Other	4351302
William Alan Mcknight	Vice president	1 Jan 2001	Other	2833931
Dean Alexander Wilson	Senior investment administrator	1 Dec 2003	Other	4326480
Helen Clayton Shingler	Operations manager, chief compliance officer	1 Feb 2018	Other	6926305

Based in Atlanta

The principal office where Kays Financial Advisory Corp performs its advisory services is located at 200 Galleria Parkway Se, Atlanta, GA 30339, 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 770-951-9001 or by fax 770-951-0902. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at scottkays.com.