Kayne Anderson Rudnick Investment Management, LLC is a large advisory firm based in Los Angeles. It manages $22.82 billion of regulatory assets for 35,329 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Kayne Anderson Rudnick Investment Management provides financial planning services, 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 prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Kayne Anderson Rudnick Investment Management, LLC is $22.82 billion. The firm's AUM has grown by 242% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Kayne Anderson Rudnick Investment Management, LLC for their services and products based on a percentage of assets under management and fixed fees. 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.
The firm provides services to individuals, insurance companies, investment companies, charitable organizations, 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 Allan Michael Rudnick is investment companies with 5 clients and $9.04 billion of assets under management. Among the 8 most similar advisory firms, Kayne Anderson Rudnick Investment Management has the 3rd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $14.44 billion for 1,239 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.
Kayne Anderson Rudnick Investment Management doesn't advise any private funds.
The company employs 88 people that are either part- or full-time employees. 19 percent of the employees work as investment advisers or researchers. 17 employees are registered as investment adviser representatives with the state securities authorities.
There are 7 people 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 receive compensation from other entities for client referrals.
Allan Michael Rudnick has been acting as President since 1 Apr 2007. Michael Robert Shoemaker joined the executive team most recently as the Chief Compliance Officer.
The principal office where Kayne Anderson Rudnick Investment Management, LLC performs its advisory services is located at 1800 Avenue Of The Stars, Los Angeles, CA 90067, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 310-556-2721. The normal business hours are 7:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at kayne.com.