Kavar Capital Partners, LLC (Leawood)

Name: Kavar Capital Partners, LLC
Address: 11460 Tomahawk Creek Parkway, Leawood, KS, 66211
Telephone: (913) 428-3300

Kavar Capital Partners, LLC is a large advisory firm based in Leawood. It manages $556.98 million of regulatory assets for 989 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, California, Florida, and 6 other states.

Kavar Capital Partners provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and retirement plan consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Kavar Capital Partners: assets under management

The assets under management (AUM) of Kavar Capital Partners, LLC is $556.98 million. The firm's AUM has grown by 165% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $549.14 million in discretionary accounts and $7.84 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $625.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $70.64 thousand.

Kavar Capital Partners has custody of $297.27 million in cash and securities for 256 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 39% of the total AUM. The second-largest asset type is exchange traded securities, which make up 33% of the firm’s portfolio. Investments in state and local bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Kavar Capital Partners, 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 Kavar Capital Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kavar Capital Partners is high net worth individuals with 115 clients and $442.22 million of assets under management. Among the 10 most similar advisory firms, Kavar Capital Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $507.05 million for 334 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.

Kavar Capital Partners doesn't advise any private funds.

Careers at Kavar Capital Partners, LLC

The company employs 6 people that are either part- or full-time employees. 83 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
Robert Karl Ross	Manager / chief compliance officer	1 Nov 2010	Other	5869750
Llc Interim Holdings	Managing member	1 Dec 2010	75% - 100%	45-0592675
Douglas George Ciocca	Managing member and chief compliance officer	1 Jan 2011	75% - 100%	2495495
Stefanie Christine Callahan	Member	1 Jan 2011	Other	4913862
Lindsay Jane Bowen	Member	1 Jan 2011	Other	5478130
Lisa Marie Gabriel	Chief compliance officer	1 Jan 2011	Other	1528723
Stefanie Christine Hill	Member	1 Jan 2011	Other	4913862
Lindsay Jane Bowen	Member	1 Nov 2011	Other	5478130
Christopher C Nelson	Member	1 Dec 2011	Other	6039810
Tom S Boling	Executive vice president, member	1 Oct 2013	Other	4697766
Thomas Arthur Boling	Executive vice president, partner	1 Oct 2013	Other	1928021

Based in Leawood

The principal office where Kavar Capital Partners, LLC performs its advisory services is located at 11460 Tomahawk Creek Parkway, Leawood, KS 66211, 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 (913) 428-3300 or by fax (866) 858-5147. The normal business hours are 7:30a.m. - 5:00pm on Monday - Friday. You can find more information about the New York firm at kavarcapital.com.