Katz Family Financial Advisors, LLC (Alexandria)

Name: Katz Family Financial Advisors, LLC
Address: 3307 Duke Street, Alexandria, VA, 22314 4522
Telephone: 703-822-5121

Katz Family Financial Advisors, LLC is a mid-sized advisory firm based in Alexandria. It manages $75 million of regulatory assets for 358 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of District of Columbia, Maryland, Virginia, and Washington.

Katz Family Financial Advisors provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Katz Family Financial Advisors: assets under management

The assets under management (AUM) of Katz Family Financial Advisors, LLC is $75 million. The firm's AUM has grown by 24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Katz Family Financial Advisors, LLC for their services and products based on a percentage of assets under management. 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 Katz Family Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Katz Family Financial Advisors is individuals with 85 clients and $40 million of assets under management. Among the 4 most similar advisory firms, Katz Family Financial Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $75 million for 100 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.

Katz Family Financial Advisors doesn't advise any private funds.

Careers at Katz Family Financial Advisors, 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. 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
Keith Alden Klug	Managing member / chief compliance officer	1 Jan 2005	75% - 100%	4896993
Lawrence Wolfred Katz	Managing member	1 Mar 2005	25% - 50%	265049
Mark Edward Katz	Managing member	1 Mar 2005	25% - 50%	2018814
Susan Katz	Managing member/chief compliance officer	1 Mar 2005	25% - 50%	2037771
Susan (Nmn) Katz	Managing member	1 Mar 2005	25% - 50%	2037771
Mark Edward Katz	Managing member/chief compliance officer	1 Aug 2019	50% - 75%	2018814

Based in Alexandria

The principal office where Katz Family Financial Advisors, LLC performs its advisory services is located at 3307 Duke Street, Alexandria, VA 22314 4522, 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 703-822-5121 or by fax 301-542-0033. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at katzfamilyfinancial.com.