Kabarec Financial Advisors Ltd is a large advisory firm based in Palatine. It manages $194.47 million of regulatory assets for 668 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Georgia, Illinois, and Wisconsin.
Kabarec Financial Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Kabarec Financial Advisors Ltd is $194.47 million. The firm's AUM has grown by 38% 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 Kabarec Financial Advisors Ltd 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Andrew Jackson Goodwin is high net worth individuals with 54 clients and $143.42 million of assets under management. Among the 5 most similar advisory firms, Kabarec Financial Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $194.47 million for 201 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.
Kabarec Financial Advisors doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Andrew Jackson Goodwin has been acting as President since 1 Jan 1999. Michelle Lynn Smalenberger joined the executive team most recently as the Vice President.
The principal office where Kabarec Financial Advisors Ltd performs its advisory services is located at 220 N. Smith St., Palatine, IL 60067 2488, 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 847-934-7777 or by fax 847-934-0276. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at kabarec.com.