Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right
Loading
Tap on the profile icon to edit
your financial details.

KCM Investment Advisors Review

Your Details Done
by Updated

This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

KCM Investment Advisors

KCM Investment Advisors (KCM) is a privately owned company that only provides advisory services to high-net-worth individuals and other institutional investors. In fact, the California-based firm serves nearly 3,000 individual clients and their families. The firm has four main tiers of expertise: common stocks, fixed-income, balanced accounts and preferred stocks.

As a fee-only firm, KCM only receives client-paid fees as income. Fee-based firms, conversely, earn both client-paid fees and third-party forms of compensation, such as insurance or securities commissions.

KCM Investment Advisors Background

KCM Investment Advisors was established in 1996. Today, the firm is based in Greenbrae, California. The independent registered investment advisor (RIA) specializes in fixed-income and equity portfolio management. Jay A. Kellet is the firm’s principal owner, CEO and chief investment officer (CIO).

KCM Investment Advisors Client Types and Minimum Account Sizes

This firm serves mostly high-net-worth individuals, in addition to foundations, charitable institutions, endowments, trusts, investment advisors, businesses and pooled investment vehicles (affiliated hedge funds.)

Prospective clients will need at least $1 million to set up an account with KCM. 

Services Offered by KCM Investment Advisors 

KCM mainly provides investment advisory services, which also include the following:

  • Creation and management of customized, structured portfolios based on each client’s specific individual objectives
  • Periodic re-balancing of accounts
  • Implementation of the investment strategies by executing portfolio transactions as needed
  • Furnishing client reports regarding separate account activity, strategy, and performance

KCM Investment Advisors Investment Philosophy 

KCM says it uses fundamental and quantitative valuation factors to establish positions in securities and monitor their progress. The firm takes advantage of several sources when analyzing stocks, bonds and exchange-traded funds (ETFs). These include data from research providers and other online and subscription resources.

When it comes to investment strategies, KCM employs long-term purchases, short-term purchases and trading. The firm primarily invests in stocks, bonds and ETFs.

Fees Under KCM Investment Advisors

KCM’s portfolio management fee is based on the market value of the portfolio at the end of each quarter, according to the firm’s brochure. These fees are payable quarterly in arrears. However, different investments have different management fees. KCM’s fees are listed below:

  • Cash management: 0.50%
  • Investment-grade fixed-income: 0.50%
  • Equities, ADRs, ETFs, ETNs: 0.90%
  • Open- and closed-end mutual funds: 0.90%
  • Preferred stock and hybrid securities: 0.90%

What to Watch Out For

KCM Investment Advisors doesn’t list any disclosures on its SEC documents, giving it a clean legal and regulatory record.

Opening an Account With KCM Investment Advisors

You can either set up an account in person at KCM’s Greenbrae office or you can contact the firm at (415) 461-7788.

All information is accurate as of the writing of this article.

Tips for Finding a Financial Advisor

  • Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • It’s useful to familiarize yourself with a financial advisor’s offerings and fees before paying for their services. Things worth examining include fees, account minimums, investment strategies, disclosures and more. Consider our list of 10 questions to ask a financial advisor.

How Long $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.