Honkamp Krueger Financial Services Inc (Dubuque)


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.