Kp Financial Management, LLC Dba Caissa Wealth Strategies (Bloomington)

Name: Kp Financial Management, LLC Dba Caissa Wealth Strategies
Address: 7825 Washington Ave S., Bloomington, MN, 55439
Telephone: (952) 777-2270

Kp Financial Management, LLC Dba Caissa Wealth Strategies is a large advisory firm based in Bloomington. It manages $136.56 million of regulatory assets for 435 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Minnesota.

Kp Financial Management, LLC Dba Caissa Wealth Strategies provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kp Financial Management, LLC Dba Caissa Wealth Strategies: assets under management

The assets under management (AUM) of Kp Financial Management, LLC Dba Caissa Wealth Strategies is $136.56 million. The firm's AUM has grown by 18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $125.27 million in discretionary accounts and $11.3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $312.39 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $332.27 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 71% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kp Financial Management, LLC Dba Caissa Wealth Strategies 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 Kp Financial Management, LLC Dba Caissa Wealth Strategies serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kp Financial Management, LLC Dba Caissa Wealth Strategies is high net worth individuals with 65 clients and $116.56 million of assets under management. Among the 10 most similar advisory firms, Kp Financial Management, LLC Dba Caissa Wealth Strategies has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $136.56 million for 105 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.

Kp Financial Management, LLC Dba Caissa Wealth Strategies doesn't advise any private funds.

Careers at Kp Financial Management, LLC Dba Caissa Wealth Strategies

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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
Kelly Sue Olson Pedersen	Managing member/chief compliance officer	1 Dec 2010	75% - 100%	4301810

Based in Bloomington

The principal office where Kp Financial Management, LLC Dba Caissa Wealth Strategies performs its advisory services is located at 7825 Washington Ave S., Bloomington, MN 55439, 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 (952) 777-2270 or by fax (952) 777-2268. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at caissawealth.com.