Key Client Fiduciary Advisors, LLC (Fairfield)

Name: Key Client Fiduciary Advisors, LLC
Address: 363 Route 46 West, Fairfield, NJ, 07004
Telephone: 973-244-4142

Key Client Fiduciary Advisors, LLC is a large advisory firm based in Fairfield. It manages $130.74 million of regulatory assets for 613 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Delaware, Florida, and 8 other states.

Key Client Fiduciary Advisors 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 prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Key Client Fiduciary Advisors: assets under management

The assets under management (AUM) of Key Client Fiduciary Advisors, LLC is $130.74 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $130.74 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $213.29 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% of the firm’s portfolio. Investments in investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Key Client Fiduciary Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Key Client Fiduciary Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Key Client Fiduciary Advisors is individuals with 594 clients and $95.82 million of assets under management. Among the 13 most similar advisory firms, Key Client Fiduciary Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $130.74 million for 613 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.

Key Client Fiduciary Advisors doesn't advise any private funds.

Careers at Key Client Fiduciary Advisors, LLC

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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 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

Name	Entity	Date acquired	Ownership	Employer ID
Eric Robert Fishman	Member	1 Jul 2018	50% - 75%	1352028
Richard Anthony Flora	Chief compliance officer and member	1 Jul 2018	50% - 75%	1121424

Based in Fairfield

The principal office where Key Client Fiduciary Advisors, LLC performs its advisory services is located at 363 Route 46 West, Fairfield, NJ 07004, 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 973-244-4142 or by fax 973-244-4159. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at keyclientfa.com.