Honkamp Krueger Financial Services Inc (Dubuque)

Name: Honkamp Krueger Financial Services Inc
Address: 3390 Asbury Road, Dubuque, IA, 52002 2801
Telephone: 563-582-2855

Honkamp Krueger Financial Services Inc is a large advisory firm based in Dubuque. It manages $3.16 billion of regulatory assets for 9,149 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 37 other states.

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

Honkamp Krueger Financial Services: assets under management

The assets under management (AUM) of Honkamp Krueger Financial Services Inc is $3.16 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1023% since the beginning of its operation, and $470.19 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $3.16 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $345.46 thousand each.

Honkamp Krueger Financial Services has custody of $4.13 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in state and local bonds the most. They account for 56% 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 and business development companies form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Honkamp Krueger Financial Services Inc 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 John Robert Darrah serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of John Robert Darrah is individuals with 3,387 clients and $1.79 billion of assets under management. Among the 5 most similar advisory firms, Honkamp Krueger Financial Services has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $3.16 billion for 3,806 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.

Honkamp Krueger Financial Services doesn't advise any private funds.

Careers at Honkamp Krueger Financial Services Inc

The company employs 90 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. 46 employees are registered as investment adviser representatives with the state securities authorities.

There are 61 people 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.

John Robert Darrah has been acting as President since 1 Mar 2009. Ann Sexton Mccorkindale has served as the Chief Investment Officer since 1 Feb 2001. Ivan Paul Gruhl joined the executive team most recently as the Vp, Chief Investment Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Francis Helle	Director	1 Nov 1995	Other	2414884
Gregory Carl Burbach	Director	1 Nov 1995	Other	4347989
Alan William Krueger	Shareholder	1 Nov 1995	Other	4347986
Robert Reynold Mcquillen	Shareholder	1 Nov 1995	Other	4347993
Arnold Nicholas Honkamp	Shareholder / treasurer	1 Nov 1995	Other	4347997
James Wilfred Herrig	Vice president	1 Apr 1996	Other	1684201
John Robert Darrah	Chief compliance officer / secretary	1 May 1996	Other	1008106
John Robert Appel	President	1 Jan 1999	Other	4347979
Ann Sexton Mccorkindale	Chief investment officer/director/evp	1 Feb 2001	Other	4503360
Louie Alan Rosalez	Vice president, insurance operations	1 Feb 2001	Other	2953138
Roy Clayton Lines	Vice president, new business development	1 Sep 2001	Other	1906516
John Robert Darrah	Vice president / chief operating officer / chief compliance officer	1 Mar 2004	Other	1008106
James Wilfred Herrig	Vice president / secretary	1 Mar 2004	Other	1684201
John Robert Darrah	Chairman/ceo/director	1 Mar 2009	Other	1008106
Arnold Nicholas Honkamp	Chairman of the board	1 Mar 2009	Other	4347997
James Wilfred Herrig	Secretary / chief compliance officer/director/evp	1 Jan 2010	Other	1684201
Arnold Nicholas Honkamp	Chairman of the board	1 Jan 2010	Other	4347997
Brian David Cose	Evp/national sales manager	1 Feb 2011	Other	2942452
Jennifer Lynn Daughetee	Treasurer/director	1 Feb 2011	Other	5050182
Natalie Hoffmann	Director	1 Feb 2011	Other	5902815
Dale Leibfried	Director	1 Feb 2011	Other	5902818
Doug Rogers	Director	1 Feb 2011	Other	5902819
Kevin Ronald Schmitt	Director	1 Feb 2011	Other	4613900
Jon Thoms	Director	1 Feb 2011	Other	5902822
Richard Kenneth Howard	Vice-president	1 Feb 2011	Other	1530781
Louie Alan Rosalez	President/director	1 Feb 2012	Other	2953138
Ryan John Hauber	Director	1 Feb 2012	Other	6033996
James Paul Siemonsma	Svp	1 Feb 2012	Other	2172228
Brian Michael Russ	Vp	1 Feb 2012	Other	4910208
Janice Yolaine Labonne	Compliance officer	1 Feb 2012	Other	1235078
Ivan Paul Gruhl	Vp	1 Feb 2012	Other	1504494
Arnold Nicholas Honkamp	Director	1 Feb 2012	Other	4347997
Kevin Paul Dement	Vp	1 Mar 2013	Other	4341117
Katie Jo Thomas	Director	1 Mar 2014	Other	5890905
Jennifer Ann Ready	Vp	1 Oct 2015	Other	4623849
Michael Peter Welbes	Director	1 Feb 2016	Other	6232888
Christopher Joseph Kobes	Chief compliance officer	1 Feb 2016	Other	5825462
Ivan Paul Gruhl	Vp, chief investment officer	1 Jan 2018	Other	1504494
Scott Glen Walloch	Director	1 Jan 2018	Other	5571168

Based in Dubuque

The principal office where Honkamp Krueger Financial Services Inc performs its advisory services is located at 3390 Asbury Road, Dubuque, IA 52002 2801, which is also the mailing address of the firm. An additional office of the firm is in Urbandale, IA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 563-582-2855 or by fax 563-582-1040. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at hkfs.com.