Klr Investment Advisors, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Klr Investment Advisors, LLC
Overview
Klr Investment Advisors, LLC is a financial advisor company headquartered in Providence, Rhode Island. Klr Investment Advisors, LLC administers $252.7 million in assets under management across 439 accounts, placing it in the mid-tier of investment advisory firms in the country by assets under management (AUM). The firm has a small team, including 4 financial advisors. Klr Investment Advisors, LLC is not a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its accounts and those of its clients and instead is required to go through a broker-dealer firm to do so. Securities are tradable financial assets like options, equities and bonds.
Klr Investment Advisors, LLC administers all of the firm's accounts in a discretionary manner. Discretionary management is a structure in which buy and sell choices for the client's account are made by a portfolio manager without requiring client authorization. The advisory firm's typical account size is $575,718. An average advisor at Klr Investment Advisors, LLC manages around 110 client accounts.
The firm's headquarters is located at 951 North Main Street, Providence, Rhode Island 2904. Klr Investment Advisors, LLC is allowed to provide services to clients across a number of states, including California, Florida, Massachusetts, New Hampshire and Rhode Island.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Klr Investment Advisors, LLC by the Numbers
$252.7 million
7
439
$575.7 thousand
Fee Structure
Fees for financial advice largely vary depending on which services the firm provides the client. However, fees billed by Klr Investment Advisors, LLC can consist of some blend of the following fee structures: asset-based, hourly, fixed or other. The firm does not participate in a wrap fee program, in which the firm offers a service bundle for a single fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 21% of firms
Hourly
-
Offered by 32% of firms
Fixed
-
Offered by 10% of firms
Other
Unavailable
-
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
Types of Clients
The company provides services to retail investors and high net worth investors. Out of its 439 clients, Klr Investment Advisors, LLC's largest client type is retail investors, although it also manages money for 39 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an individual who has at least $750,000 under management or a net worth of at least $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its accounts are from outside of the U.S.
- High-Net-Worth Individuals* - 16.6%
- Other Individuals - 83.4%
- 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.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Klr Investment Advisors, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Klr Investment Advisors, LLC
Providence, RI
Providence, RI
Providence, RI
Providence, RI
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. 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.