Keb Asset Management, LLC (Springfield)

Keb Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Keb Asset Management: assets under management

The assets under management (AUM) of Keb Asset Management, LLC is $551.54 million. The firm's AUM has grown by 1177% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $478.91 million in discretionary accounts and $72.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $319.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $567.41 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 70% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 19% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Keb Asset Management, LLC 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 Keb Asset Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Keb Asset Management is high net worth individuals with 177 clients and $423.39 million of assets under management. Among the 12 most similar advisory firms, Keb Asset Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $551.54 million for 586 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.

Keb Asset Management doesn't advise any private funds.

Careers at Keb Asset Management, LLC

The company employs 14 people that are either part- or full-time employees. 79 percent of the employees work as investment advisers or researchers. 11 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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

Based in Springfield

The principal office where Keb Asset Management, LLC performs its advisory services is located at 3200 Robbins Road, Springfield, IL 62704, which is also the mailing address of the firm. An additional office of the firm is in Cape Girardeau, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 217-789-0960 or by fax 217-789-2822. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at kamadvisors.com and its LinkedIn profile.

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