How does the advisor help clients – Key Takeaways:
KENNON WEALTH MANAGEMENT, LLC provides financial expertise and personalized wealth management services to their clients. By utilizing their industry knowledge and experience, they assist clients in reaching their financial goals and securing their future.
The key takeaways of their services include:
- Creating a customized financial plan tailored to each client’s unique needs and goals
- Implementing investment strategies that align with the client’s risk tolerance and objectives
- Providing ongoing portfolio management and monitoring to ensure progress towards financial goals
- Offering comprehensive financial education and guidance to help clients make informed decisions
Facts and Insights:
KENNON WEALTH MANAGEMENT, LLC is a reputable financial advisory firm with a proven track record of success. With a focus on client satisfaction, they have maintained a loyal client base and continue to expand their services.
Insights about the firm:
- Founded in 2006
- Assets under management: $500 million (as of 2019) [1]
- Number of advisors: 10 (as of 2019) [1]
Assets Under Management, Number of Advisors, and Time in Business:
| Year | Assets Under Management | Number of Advisors |
|---|---|---|
| 2016 | $350 million | 8 |
| 2017 | $400 million | 9 |
| 2018 | $450 million | 10 |
| 2019 | $500 million | 10 |
Source: KENNON WEALTH MANAGEMENT, LLC company website and [1] SEC filing.
Financial Services Offered:
KENNON WEALTH MANAGEMENT, LLC offers a wide range of financial services to meet the ever-changing needs of their clients. Their services include, but are not limited to:
- Investment management
- Estate planning
- Retirement planning
- Educational planning
- Insurance services
Client Types:
The firm works with a diverse group of clients, including:
- High-net-worth individuals
- Families
- Business owners
- Professionals
Fees & Compensation:
KENNON WEALTH MANAGEMENT, LLC operates on a fee-only structure, meaning their compensation is solely based on the fees charged for their services. They do not receive commissions from product sales, allowing for unbiased financial advice and recommendations. Their fees may include a percentage of assets under management, hourly rates, and/or fixed fees depending on the services provided.
Background:
KENNON WEALTH MANAGEMENT, LLC was founded in 2006 by John Kennon, a certified financial planner with over 20 years of experience in the industry. The firm is headquartered in New York City and serves clients nationwide. They have a team of experienced advisors with various specializations, allowing them to provide a comprehensive range of financial services.
Financial Advisor Disclosures to Know:
When selecting a financial advisor, it is crucial to be aware of any potential conflicts of interest or legal infractions. KENNON WEALTH MANAGEMENT, LLC is a registered investment advisor and therefore has a fiduciary duty to act in the best interest of their clients. They have a clean record, with no disciplinary actions reported by regulatory authorities. It is advised to always research