Keidan Financial Consultants LLC (Columbus)

Name: Keidan Financial Consultants LLC
Address: 400 South 5 Th Street, Columbus, OH, 43215
Telephone: 614-469-5003

Keidan Financial Consultants LLC is a large advisory firm based in Columbus. It manages $296.72 million of regulatory assets for 516 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Colorado, Florida, Louisiana, and Ohio.

Keidan Financial Consultants provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Keidan Financial Consultants: assets under management

The assets under management (AUM) of Keidan Financial Consultants LLC is $296.72 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $270.21 million in discretionary accounts and $26.51 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $565.3 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $697.54 thousand.

Keidan Financial Consultants has custody of $293.78 million in cash and securities for 184 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 97% of the total AUM. The second-largest asset type is exchange traded securities, which make up 2% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Keidan Financial Consultants LLC 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 Keidan Financial Consultants serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Keidan Financial Consultants is high net worth individuals with 90 clients and $238.22 million of assets under management. Among the 9 most similar advisory firms, Keidan Financial Consultants has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $293.57 million for 183 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.

Keidan Financial Consultants doesn't advise any private funds.

Careers at Keidan Financial Consultants LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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
Robert Stuart Keidan	President and chief compliance officer	1 Jul 1999	75% - 100%	703469
Robert Stuart Keidan	Chief compliance officer	1 Oct 2004	75% - 100%	703469

Based in Columbus

The principal office where Keidan Financial Consultants LLC performs its advisory services is located at 400 South 5 Th Street, Columbus, OH 43215, 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 614-469-5003 or by fax 614-469-4723. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at keidanfinancial.com and its LinkedIn profile.