Kleinfelder Capital, Inc. (Cincinnati)

Name: Kleinfelder Capital, Inc.
Address: 8050 Hosbrook Road, Cincinnati, OH, 45236
Telephone: (513) 808-9700

Kleinfelder Capital, Inc. is a large advisory firm based in Cincinnati. It manages $129.4 million of regulatory assets for 840 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Kentucky, Michigan, Ohio, and Texas.

Kleinfelder Capital provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kleinfelder Capital: assets under management

The assets under management (AUM) of Kleinfelder Capital, Inc. is $129.4 million. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $125.6 million in discretionary accounts and $3.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $179.17 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $27.34 thousand.

Investments

The firm invests in pooled investment vehicles the most. They account for 86% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in state and local bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kleinfelder Capital, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kleinfelder Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kleinfelder Capital is high net worth individuals with 33 clients and $65 million of assets under management. Among the 8 most similar advisory firms, Kleinfelder Capital has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $128.9 million for 244 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.

Kleinfelder Capital doesn't advise any private funds.

Careers at Kleinfelder Capital, Inc.

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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
Michael Joseph Kleinfelder	Principal and chief compliance officer	1 Jul 2017	75% - 100%	4287993

Based in Cincinnati

The principal office where Kleinfelder Capital, Inc. performs its advisory services is located at 8050 Hosbrook Road, Cincinnati, OH 45236, 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 (513) 808-9700 or by fax (513) 952-8055. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at kleinfeldercapital.com.