Keb Asset Management, LLC (Springfield)

Name: Keb Asset Management, LLC
Address: 3200 Robbins Road, Springfield, IL, 62704
Telephone: 217-789-0960

Keb Asset Management, LLC is a large advisory firm based in Springfield. It manages $551.54 million of regulatory assets for 1,626 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, Florida, Illinois, and 5 other states.

Keb Asset Management 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 doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Keb Asset Management: assets under management

The assets under management (AUM) of Keb Asset Management, LLC is $551.54 million. The firm's AUM has grown by 1177% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $478.91 million in discretionary accounts and $72.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $319.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $567.41 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 70% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 19% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Keb Asset Management, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Keb Asset Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Keb Asset Management is high net worth individuals with 177 clients and $423.39 million of assets under management. Among the 12 most similar advisory firms, Keb Asset Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $551.54 million for 586 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.

Keb Asset Management doesn't advise any private funds.

Careers at Keb Asset Management, LLC

The company employs 14 people that are either part- or full-time employees. 79 percent of the employees work as investment advisers or researchers. 11 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dale Michael Becker	Member	1 Jan 1999	Other	4482980
David Wayne Burnett	Member	1 Jan 1999	Other	4482985
James William Hedger	Member	1 Jan 1999	Other	4482991
Cheryl Jean Martin	Member	1 Jan 1999	Other	4482998
Stephen Lee Povse	Member	1 Jan 1999	Other	4483005
Deborah Jean Ringer	Member	1 Jan 1999	Other	4483010
Jonathan Marc Carter	Manager/member, chief compliance officer	1 Jan 1999	Other	2933272
Joe Alessandrini	Member	1 Jan 1999	Other	4482971
Dale Becker	Member	1 Jan 1999	Other	4482980
David Burnett	Member	1 Jan 1999	Other	4482985
Dan Cadigan	Member	1 Jan 1999	Other	4482989
James Hedger	Member	1 Jan 1999	Other	4482991
Nan Hendrickson	Member	1 Jan 1999	Other	4482997
Cheryl Martin	Member	1 Jan 1999	Other	4482998
Denis Moja	Member	1 Jan 1999	Other	4483003
Steve Povse	Member	1 Jan 1999	Other	4483005
Debbie Ringer	Member	1 Jan 1999	Other	4483010
Joseph Anthony Alessandrini	Member	1 Jan 1999	Other	4482971
Daniel William Cadigan	Member	1 Jan 1999	Other	4482989
Nan Kelly Hendrickson	Member	1 Jan 1999	Other	4482997
James Edward Erlacker	Member	1 Jan 2001	Other	4483013
James E. Erlacker	Member	1 Jan 2001	Other	4483013
Floyd Weber	Member	1 Jan 2001	Other	4483017
Floyd Charles Weber	Member	1 Jan 2001	Other	4483017
Steve Eckhard	Member	1 Jun 2001	Other	4483022
Brian Weurtz	Member	1 Jun 2001	Other	4483027
Frank R. Reedy	Member	1 Jun 2001	Other	4483029
Charles Stephen Eckhard	Member	1 Jun 2001	Other	4483022
Brian Joseph Weurtz	Member	1 Jun 2001	Other	4483027
Frank Joseph Reedy	Member	1 Jun 2001	Other	4483029
Pamela L Mcclelland	Member	1 May 2002	Other	4611549
Pamela Leigh Mcclelland	Member	1 May 2002	Other	4611549
Brian Joseph Wuertz	Member	1 Mar 2006	Other	4483027
Charles Stephen Eckhard	Member	1 Mar 2006	Other	4483022
Frank Joseph Reedy	Member	1 Mar 2006	Other	4483029
Nancy Sue Legrand	Member	1 Mar 2010	Other	5778074
Jeffrey Mitchell Hay	Member	1 Mar 2010	Other	5778077
Richard Robert Gratza	Member	1 Mar 2010	Other	5778079
Phillip Gary Capps	Member	1 Mar 2010	Other	5778082
Jason Dean Jones	Member	1 Mar 2010	Other	5778086
James Kevin Hagerman	Member	1 May 2012	Other	4605066
Steven Matthew Dumstorff	Member	1 Jan 2013	Other	4487691
David R. Pritchard	Member	1 Jan 2013	Other	4929502
Paul D. Osborne	Member	1 Jan 2013	Other	4929505
Kathleen O'brien Ward	Member	1 Jan 2015	Other	6468620
Jereme Zook	Member	1 May 2015	Other	6626262
Gina Marie Cochran	Partner, cpa	1 May 2017	Other	6924524
Danielle M. Hunt	Partner, cpa	1 May 2017	Other	6924525
Joshua D. Shugart	Partner, cpa	1 May 2017	Other	6924526
Bethany Ann Jaeger	Member	1 May 2018	Other	7052212
Joshua Charles Clark	Member	1 May 2018	Other	7052215
Kirsten Herrin Kienzler	Member	1 May 2018	Other	7052225

Based in Springfield

The principal office where Keb Asset Management, LLC performs its advisory services is located at 3200 Robbins Road, Springfield, IL 62704, which is also the mailing address of the firm. An additional office of the firm is in Cape Girardeau, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 217-789-0960 or by fax 217-789-2822. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at kamadvisors.com and its LinkedIn profile.