Kingsview Wealth Management, LLC is a large financial advisor firm with $2.25 billion in client assets under management (AUM). The firm is located in Grants Pass, Oregon, a small town in the southwest corner of the state. The firm works with both individual and institutional clients, providing them with a range of financial advisory services from portfolio management to financial planning.
Kingsview is a fee-based firm, which means some of its on-staff advisors can receive commissions from insurance sales, in addition to normal advisory fees. On the flip side, a fee-only firm only receives compensation from the fees that clients pay.
Kingsview Wealth Management Background
Kingsview Wealth Management was founded in 2008. The firm primarily operates in Oregon, where its main office and headquarters is located. It also has branches in Chicago, Westport and Plantation. The firm is directly owned by Kingsview Partners. The 2017 Lewis Family Trust is an indirect owner of Kingsview Wealth Management too.
The firm employs a large team of financial advisor professionals, many of whom are financially certified. Some common certifications include chartered financial analyst (CFA) and certified financial planner (CFP).
Kingsview Wealth Management Client Types and Minimum Account Sizes
Kingsview Wealth Management works primarily with non-high-net-worth and high-net-worth individuals. However, it also works with a handful of institutional investors, including investment companies, pension and profit-sharing plans, charitable organizations and businesses.
The firm imposes a $25,000 minimum account size requirement. It also reserves the right to waive this minimum, though.
Services Offered by Kingsview Wealth Management
Kingsview Wealth Management works with clients to provide investment management and financial planning services. The former is designed to be comprehensive, helping clients with every aspect of their investment plans. There are multiple portfolio management platforms for clients to take advantage of at Kingsview, including ones managed by internal and outside advisors.
Financial planning services at Kingsview may cover a plethora of topics. Advisors help clients with matters pertaining to cash flow management, tax planning, insurance planning, education funding, retirement planning, estate planning and more.
Kingsview Wealth Management Investment Philosophy
Kingsview Wealth Management works with clients to provide tailored investment services, much like other similar firms. Advisors work with clients to determine their investment goals, financial situation, tolerance for risk, time horizon, liquidity needs and any other important information. From this, a portfolio plan is built for each client individually.
Advisors at Kingsview use fundamental, charting, value and technical analysis to evaluate potential investment opportunities. They gather information from a range of both internal and external sources, looking to be as complete as possible. There are a variety of strategies used at Kingsview, and they may include long-term purchases, short-term purchases, trading, short sales, margin transactions and option writing.
Fees Under Kingsview Wealth Management
Kingsview Wealth Management charges investment management fees based on a percentage of each client's total assets under management. Fee schedules differ based on the type of platform or strategy a client uses. Fees are capped at 2.50% annually and are deducted every three months.
|Standard Fee Schedule
|KIM CORE and Small Account Model Fee Schedule
|KIM Multi-Strategy Fee Schedule
|KIM Global Macro Trend, KIM Ambassador Income, KIM Blue Chips, KIM Blue Chips Elite, KIM ProCap, KIM Sector Alpha and Dividend Plus Fee Schedule
The KIM Asset Protection program has a 1.00% annual fee. Investment strategies and trades initiated by clients have a 0.50% annual fee.
The fee range for financial planning services is negotiable and tends to range from $250 to $5,000. Fees for ongoing investment consulting range from $500 to $12,500 per quarter.
What to Watch Out For
Kingsview Wealth Management has two disclosures listed on its Form ADV, both of which are regulatory. They each apply to advisory affiliates of the firm.
Kingsview is a fee-based firm. This creates a potential conflict of interest, as certain advisors can receive commissions from insurance sales. However, the firm is a registered fiduciary, which legally obligates it to act in the best interests of clients.
Opening an Account With Kingsview Wealth Management
If you're looking to become a client of Kingsview Wealth Management, you can go to the firm's website and submit a contact form. You can also reach out directly in person or over the phone at (312) 870-6701.
All information is accurate as of the writing of this article.
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