Kcd Financial, Inc. (Green Bay)

Name: Kcd Financial, Inc.
Address: 3061 Allied Street, Green Bay, WI, 54304
Telephone: 920-347-3400

Kcd Financial, Inc. is a multi-state adviser based in Green Bay. It manages $83.24 million of regulatory assets for 400 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Colorado, and 12 other states.

Kcd Financial provides financial planning services, portfolio management for individuals and small businesses, 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.

Kcd Financial: assets under management

The assets under management (AUM) of Kcd Financial, Inc. is $83.24 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kcd Financial, Inc. for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joel Reid Blumenschein serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Joel Reid Blumenschein is individuals with 384 clients and $56.72 million of assets under management. Among the 4 most similar advisory firms, Kcd Financial has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $83.24 million for 400 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.

Kcd Financial doesn't advise any private funds.

Careers at Kcd Financial, Inc.

The company employs 53 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 27 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 don’t receive compensation from other entities for client referrals.

Joel Reid Blumenschein has been acting as President since 1 Apr 2010. David Scott Wilson joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Henry Carl Iv Prange	Common shareholder	1 Jul 2003	Other	2847753
Inc. Freedom Securities	Common shareholder	1 Apr 2010	75% - 100%	13-4215255
Joel Reid Blumenschein	President	1 Apr 2010	Other	1372334
Lori Lea Rastall	Chief compliance officer	1 Sep 2011	Other	4023335
David Scott Wilson	Assistant compliance officer	1 Dec 2012	Other	1895701
David Scott Wilson	Chief compliance officer	1 Nov 2018	Other	1895701

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Joel Reid Blumenschein	Owner/president	1 Dec 2012	50% - 75%	1372334

Based in Green Bay

The principal office where Kcd Financial, Inc. performs its advisory services is located at 3061 Allied Street, Green Bay, WI 54304, which is also the mailing address of the firm. An additional office of the firm is in Omaha, NE. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 920-347-3400 or by fax 920-347-3402. The normal business hours are 8-4:30 cst on Monday - Friday. You can find more information about the New York firm at kcdfinancial.com.