Kooman & Associates
Answer a few questions and
get matched with an advisor.
Learn more about Kooman & Associates
Overview
Kooman & Associates is located at 517 S. Logan Blvd., Altoona, PA. The firm employs 5 financial advisors to manage client portfolios and provide financial guidance. Kooman & Associates is not a registered broker-dealer.
Kooman & Associates oversees $411.3 million in assets under management across 1,235 accounts, all of which are discretionary. Over the past year, the firm has provided financial planning services to between 251 and 500 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, and pension consulting services. The firm caters to retail investors, high net worth investors, charitable organizations, and corporations, with retail investors being the largest client type by accounts. The fee structure at Kooman & Associates includes asset-based and fixed fees. The firm has 122 high net worth clients.
Kooman & Associates is registered in the states of Arizona, Florida, New York, North Carolina, Pennsylvania, Texas, and Virginia.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Kooman & Associates by the Numbers
$411.3 million
9
1,235
$333.1 thousand
Products and Services
Kooman & Associates offers a variety of services, which can include financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, and pension consulting services. In the past fiscal year, Kooman & Associates provided financial planning services to 251-500 of its clients. The Company is not engaged in selling products or offering services other than investment advisory services to its investment advisory customers.
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
-
Find a firm that offers this service
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial advisory fees usually depend on which services are provided. Fees billed by Kooman & Associates can include any combination of the following fee structures: asset-based or fixed. The company participates in a wrap fee program, in which the firm offers a service bundle for a comprehensive fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 32% of firms
Fixed
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The company caters to retail investors, high net worth investors, charitable organizations, and corporations. Out of its 4 clients, Kooman & Associates's biggest client group by number of accounts is high net worth investors, though it also caters to 122 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 under management or a net worth of more than $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).
- High-Net-Worth Individuals* - 37.08%
- Other Individuals - 57.45%
- Corporations - 3.95%
- Charitable Organizations - 1.52%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
SmartAsset’s free advisor matching tool makes it easier to find a vetted advisor so you can make an informed decision and choose one that you feel best suits your individual needs. Click here to find your advisor matches today.
Disclosures
Kooman & Associates does not have any disclosures.
Please visit its Form ADV for more details.
Find an advisor that will serve your area
SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. Click here to find your advisor matches today.
Financial Advisors at Kooman & Associates
Altoona, PA
Altoona, PA
Altoona, PA
Altoona, PA
Altoona, PA
Altoona, PA
Altoona, PA
Find an advisor who will work directly with you
SmartAsset’s free advisor matching tool makes it easier to find a vetted advisor so you can make an informed decision and choose one that you feel best suits your individual needs. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 6/19/2024. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.