K R Financial LLC (Princeton)

Name: K R Financial LLC
Address: 600 Pretty Brook Rd, Princeton, NJ, 08540
Telephone: 609-924-2500

K R Financial LLC is a large advisory firm based in Princeton. It manages $90.17 million of regulatory assets for 59 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, New Jersey, and New York.

K R Financial provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

K R Financial: assets under management

The assets under management (AUM) of K R Financial LLC is $90.17 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -50% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $90.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.53 million each.

Investments

The firm invests in state and local bonds the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in other assets form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay K R Financial LLC for their services and products based on a percentage of assets under management 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 K R Financial serves?

The only and largest group of clients of K R Financial is high net worth individuals with 33 clients and $73.47 million of assets under management. Among the 9 most similar advisory firms, K R Financial has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $73.47 million for 33 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.

K R Financial doesn't advise any private funds.

Careers at K R Financial LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ruderman & Co. Llc Krieger	Sole shareholder	1 Aug 1998	75% - 100%	22-3550233
Dale Bruce Krieger	President, ceo. cob	1 Aug 1998	Other	818898
Richard Alan Ruderman	President and ceo	1 Oct 2009	Other	1391970
Walter Alan Gilmore	"chief compliance officer"	1 Mar 2010	Other	1996728

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Dale Bruce Estate Of Krieger	Indirect owner	1 Aug 1996	Other	818898
Veronica Krna Krieger	Indirect owner	1 Aug 1996	50% - 75%	1498403
Richard Trustee Fbo Krieger Lance F Ruderman	Indirect owner	1 Aug 1996	25% - 50%	13-6836829
Ruderman Richard Trustee Fbo Krieger Gavin E	Indirect owner	1 Aug 1996	25% - 50%	13-6836827
Ruderman Richard Trustee Fbo Krieger Casey J	Indirect owner	1 Aug 1996	25% - 50%	13-6888840
Dale Bruce Krieger	Indirect owner	1 Aug 1996	Other	818898
Veronica Krna Krieger	Indirect owner	1 Aug 1998	25% - 50%	1498403
The Krieger Family Limited Partnership	Indirect owner	1 Aug 1998	50% - 75%	22-3456915
Richard Alan Ruderman	Indirect owner	1 Aug 1998	50% - 75%	1391970

Based in Princeton

The principal office where K R Financial LLC performs its advisory services is located at 600 Pretty Brook Rd, Princeton, NJ 08540 The mailing address of the firm is P.O. Box 7787, Princeton, NJ 08540. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 609-924-2500 or by fax 609-924-4125. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at sharedfamilyoffice.com.