Aldebaran Financial Inc (Kingsport)

Name: Aldebaran Financial Inc
Address: 4105 Fort Henry Drive, Kingsport, TN, 37663
Telephone: 423-239-7535

Aldebaran Financial Inc is a large advisory firm based in Kingsport. It manages $329.92 million of regulatory assets for 672 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Tennessee, Virginia, and West Virginia.

Aldebaran Financial provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Aldebaran Financial: assets under management

The assets under management (AUM) of Aldebaran Financial Inc is $329.92 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 148% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $329.92 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $490.96 thousand each.

Aldebaran Financial has custody of $17.13 million in cash and securities for 42 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aldebaran Financial Inc 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 Aldebaran Financial serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Aldebaran Financial is high net worth individuals with 44 clients and $211.91 million of assets under management. Among the 10 most similar advisory firms, Aldebaran Financial has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $329.92 million for 500 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.

Aldebaran Financial doesn't advise any private funds.

Careers at Aldebaran Financial Inc

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 4 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
Donald Robert Raber	President, chief executive officer; director	1 Aug 1991	75% - 100%	2492167
Loyce Cecelia Raber	Director; secretary	1 Aug 1991	Other	4347692
Peter William Raber	Chief compliance officer; sr vice president; director;	1 Jul 1999	Other	3274903
Donald Robert Raber	Vice president	1 Apr 2016	Other	4347695

Based in Kingsport

The principal office where Aldebaran Financial Inc performs its advisory services is located at 4105 Fort Henry Drive, Kingsport, TN 37663, 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 423-239-7535 or by fax 423-389-9281. The normal business hours are 8:30 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at aldebaranfinancial.com.