J.K. Financial, Inc. (Dallas)

Name: J.K. Financial, Inc.
Address: 8222 Douglas Ave, Dallas, TX, 75225
Telephone: 214-706-4300

J.K. Financial, Inc. is a large advisory firm based in Dallas. It manages $123.2 million of regulatory assets for 363 client accounts. It has been registered with the SEC as an adviser since 2006.

J.K. Financial 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.

J.K. Financial: assets under management

The assets under management (AUM) of J.K. Financial, Inc. is $123.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 285% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $123.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $339.39 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 59% of the total AUM. The second-largest asset type is exchange traded securities, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay J.K. Financial, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 John Allen Kvale serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of John Allen Kvale is high net worth individuals with 80 clients and $111.5 million of assets under management. Among the 9 most similar advisory firms, J.K. Financial has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $123.2 million for 106 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.

J.K. Financial doesn't advise any private funds.

Careers at J.K. Financial, Inc.

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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.

John Allen Kvale has been acting as President since 1 Aug 1995. Donald William Capone joined the executive team most recently as the Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Allen Kvale	President	1 Aug 1995	75% - 100%	2047457
Donald William Capone	Executive officer	1 Jun 2005	Other	4439111
John Allen Kvale	Chief compliance officer	1 Jun 2005	75% - 100%	2047457
John Allen Kvale	Chief information security officer	1 Mar 2016	75% - 100%	2047457

Based in Dallas

The principal office where J.K. Financial, Inc. performs its advisory services is located at 8222 Douglas Ave, Dallas, TX 75225, 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 214-706-4300 or by fax 214-706-4262. The normal business hours are 9:00 am - 5:00 pm on Other. You can find more information about the New York firm at street-cents.com and its LinkedIn profile.