Ekon Advisors, LLC (St. Louis)

Name: Ekon Advisors, LLC
Address: 4940 Washington Blvd., St. Louis, MO, 63108
Telephone: 314-367-6327

Ekon Advisors, LLC is a large advisory firm based in St. Louis. It manages $208.91 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Illinois, Missouri, and Oregon.

Ekon Advisors provides portfolio management for businesses and institutional clients, pension consulting services, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as record keeping and thirdparty administration.

Ekon Advisors: assets under management

The assets under management (AUM) of Ekon Advisors, LLC is $208.91 million. The firm's AUM has grown by 94% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $54.19 million in discretionary accounts and $154.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $13.55 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $14.07 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ekon Advisors, 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 Ekon Advisors serves?

The only and largest group of clients of Ekon Advisors is pension and profit sharing plans with 15 clients and $208.91 million of assets under management. Among the 6 most similar advisory firms, Ekon Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $208.91 million for 15 clients. None of the firm’s clients are foreign persons or businesses.

Ekon Advisors doesn't advise any private funds.

Careers at Ekon Advisors, LLC

The company employs 3 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
Genelle Marie Brakefield	Member & president	1 Jul 2015	25% - 50%	5789945
Keith Thomas Kowalczyk	Member & vice president	1 Jul 2015	25% - 50%	4634953
Kendree Kowalczyk Spisak	Member, secretary & treasurer, chief compliance officer	1 Jul 2015	25% - 50%	4719448
Keith T Kowalczyk	Vice president	1 Jul 2015	25% - 50%	4634953
Kendree K. Spisak	Secretary and treasurer	1 Jul 2015	25% - 50%	4719448
Kelli Lyn Ross	Chief compliance officer	1 Jul 2015	Other	5264489

Based in St. Louis

The principal office where Ekon Advisors, LLC performs its advisory services is located at 4940 Washington Blvd., St. Louis, MO 63108, 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 314-367-6327 or by fax 314-367-7982. The normal business hours are 7:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at ekonadvisors.com.