The Kinney Group, LLC (Pasadena)

Name: The Kinney Group, LLC
Address: 201 South Lake Avenue, Pasadena, CA, 91101
Telephone: (626) 796-1860

The Kinney Group, LLC is a large advisory firm based in Pasadena. It manages $111.51 million of regulatory assets for 306 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Colorado.

The Kinney Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Kinney Group: assets under management

The assets under management (AUM) of The Kinney Group, LLC is $111.51 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $111.51 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $364.41 thousand each.

Investments

The firm invests in state and local bonds the most. They account for 38% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in investment and business development companies form 24% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Kinney Group, LLC for their services and products based on a percentage of assets under management and fixed fees. 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 The Kinney Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of The Kinney Group is high net worth individuals with 47 clients and $97.09 million of assets under management. Among the 12 most similar advisory firms, The Kinney Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $108.06 million for 88 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.

The Kinney Group doesn't advise any private funds.

Careers at The Kinney Group, LLC

The company employs 2 people that are either part- or full-time employees. 100 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul William Kinney	Managing member/chief compliance officer	1 Aug 2013	75% - 100%	861103
Joanne Junko Nishiyama	Member	1 Aug 2013	Other	3157715

Based in Pasadena

The principal office where The Kinney Group, LLC performs its advisory services is located at 201 South Lake Avenue, Pasadena, CA 91101, 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 (626) 796-1860 or by fax (626) 796-1864. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at kinneygroupwm.com.