Kalos Management, Inc. (Alpharetta)

Name: Kalos Management, Inc.
Address: 11525 Park Woods Circle, Alpharetta, GA, 30005
Telephone: 678-356-1100

Kalos Management, Inc. is a large advisory firm based in Alpharetta. It manages $257.97 million of regulatory assets for 2,879 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Kalos Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kalos Management: assets under management

The assets under management (AUM) of Kalos Management, Inc. is $257.97 million. The firm's AUM has grown by 920% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $161.25 million in discretionary accounts and $96.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $89.19 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $90.31 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio. Investments in government bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kalos Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kalos Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kalos Management is individuals with 1,159 clients and $191.61 million of assets under management. Among the 10 most similar advisory firms, Kalos Management has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $257.97 million for 1,226 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Kalos Management doesn't advise any private funds.

Careers at Kalos Management, Inc.

The company employs 115 people that are either part- or full-time employees. 97 percent of the employees work as investment advisers or researchers. 111 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Carol Jean Wildermuth	Coo	1 Sep 2004	50% - 75%	1555730
Daniel Lloyd Wildermuth	Ceo & president	1 Sep 2004	50% - 75%	1728318
John Ray Williams	Chief compliance officer	1 Oct 2005	Other	1865081

Based in Alpharetta

The principal office where Kalos Management, Inc. performs its advisory services is located at 11525 Park Woods Circle, Alpharetta, GA 30005, which is also the mailing address of the firm. An additional office of the firm is in Fairborn, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 678-356-1100 or by fax 678-356-1105. The normal business hours are 8:30am to 5pm on Monday - Friday. You can find more information about the New York firm at kalosfinancial.com and its LinkedIn profile.