Kplans Investment Services, Inc. (Valencia)

Name: Kplans Investment Services, Inc.
Address: 27240 Turnberry Lane, Valencia, CA, 91355
Telephone: 888-686-4015

Kplans Investment Services, Inc. is an adviser based in Valencia. It manages $87.6 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2018.

Kplans Investment Services provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Kplans Investment Services: assets under management

The assets under management (AUM) of Kplans Investment Services, Inc. is $87.6 million. The firm's AUM has gone down by -87% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $64.1 million in discretionary accounts and $23.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $64.1 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.38 million.

Kplans Investment Services has custody of $9.3 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 73% of the total AUM. The second-largest asset type is investment and business development companies, which make up 17% of the firm’s portfolio. Investments in other assets form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kplans Investment Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kplans Investment Services serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Kplans Investment Services is pooled investment vehicles with 1 clients and $64.1 million of assets under management. Among the 3 most similar advisory firms, Kplans Investment Services has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $87.6 million for 19 clients. None of the firm’s clients are foreign persons or businesses.

Kplans Investment Services doesn't advise any private funds.

Careers at Kplans Investment Services, Inc.

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. No 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Samuel Sansone	President, shareholder	1 May 2005	25% - 50%	2346903
Daniel Kravitz	Chairman, shareholder	1 May 2005	50% - 75%	4981539
Stephan John Miskjian	Chief compliance officer	1 Jun 2017	Other	2844720

Based in Valencia

The principal office where Kplans Investment Services, Inc. performs its advisory services is located at 27240 Turnberry Lane, Valencia, CA 91355, 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 888-686-4015 or by fax 888-686-4015. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at kplansinc.com.