Kowalski Financial Inc

CRD#300424
Investment Advisor Firm

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Overview

Kowalski Financial Inc is a financial advisor company that has its headquarters in Minneapolis, Minnesota. Kowalski Financial Inc handles $139.6 million in assets across 640 client accounts, making it a mid-tier financial advisory firm in the United States by assets under management (AUM). The company has a small group, including 1 financial advisor. Kowalski Financial Inc is not a registered broker-dealer, signifying that the company cannot buy and sell securities for its accounts and those of its customers and instead must go through a broker-dealer company to do so. Securities are defined as tradable fiscal investments like options, bonds and equities.

Kowalski Financial Inc manages all of the firm's client assets on a discretionary basis. Discretionary management means that buy and sell choices are made by a portfolio manager without needing to seek the customer's approval. The investment advisory firm's typical account size is $218,047. The average advisor at Kowalski Financial Inc administers about 640 client accounts.

The company's headquarters is at 600 Highway 169 South, Minneapolis, Minnesota 55426. The firm is legally registered to provide services to customers across 4 states, including Minnesota, South Dakota, Texas and Wisconsin.

Assets Under Management

$139.6 million

Number of Advisors

1

Disclosures

No

Office Location

600 Highway 169 South
Minneapolis, MN 55426

Kowalski Financial Inc by the Numbers

Total Assets Under Management

$139.6 million

National Average: $8.6 billion
Total Number of Employees

6

National Average: 64
Total Number of Accounts

640

National Average: 375,227
Average Account Size

$218.0 thousand

National Average: $23.0 thousand
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Products and Services

Financial services that Kowalski Financial Inc offers can include financial planning services and portfolio management for individuals and small businesses. Notably, the company did not provide financial planning services to any of its clients in the prior financial year. It is engaged in selling products or offering services different than investment advice to its clients.

Core Advisor Services

  • Offered by 31% of firms

    Financial Planning Services

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

  • Offered by 46% of firms

    Portfolio Management

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

  • Find a firm that offers this service

    Market Timing Services

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

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Fee Structure

Fees for financial management are based on the financial services provided. However, fee types charged by the company can include any blend of the following fee structures: asset-based or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by Kowalski Financial Inc.

Available

  • Offered by 69% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 32% of firms

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

Unavailable

  • Find one of the 21% of firms that offer this fee type

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Find one of the 1% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 26% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 0% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 10% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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Types of Clients

The company works with retail investors. Out of its 640 clients, Kowalski Financial Inc's largest client group is retail investors. None of its clients reside abroad.

  • High-Net-Worth Individuals* - 0%
  • Other Individuals - 100%
  • Corporations - 0%
  • Charitable Organizations - 0%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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Disclosures

Kowalski Financial Inc does not have any disclosures.

Please visit its Form ADV for more details.

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Financial Advisors at Kowalski Financial Inc

Marc Kowalski
Minneapolis, MN

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