Kennedy Capital Management, Inc. is a large advisory firm based in St Louis. It manages $4.25 billion of regulatory assets for 306 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Kennedy Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Kennedy Capital Management, Inc. is $4.25 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -3% since the beginning of its operation, and $171.4 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Kennedy Capital Management, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Robert Burns Karn Iii is state or municipal government entities with 24 clients and $1.24 billion of assets under management. Among the 11 most similar advisory firms, Kennedy Capital Management has the 3rd highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $4.25 billion for 292 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.
Kennedy Capital Management also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 53 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 23 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Robert Burns Karn Iii has been acting as President since 1 Dec 2001. Jena Amber Bjornson joined the executive team most recently as the Vice President, Chief Compliance Officer.
The principal office where Kennedy Capital Management, Inc. performs its advisory services is located at 10829 Olive Blvd, St Louis, MO 63141 7739, which is also the mailing address of the firm. An additional office of the firm is in San Antonio, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 314-432-0400 or by fax 314-432-8536. 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 kennedycapital.com.