M.Z. Kark & Associates, Inc (Denver)
M.Z. Kark & Associates, Inc is a large advisory firm based in Denver. It manages $188.03 million of regulatory assets for 1,203 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Colorado, Illinois, Louisiana, Texas, and Virginia.
M.Z. Kark & Associates provides portfolio management for individuals and small businesses, selection of other advisers, and financial consulting. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
M.Z. Kark & Associates: assets under management
The assets under management (AUM) of M.Z. Kark & Associates, Inc is $188.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay M.Z. Kark & Associates, Inc 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.
What kind of clients M.Z. Kark & Associates serves?
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of M.Z. Kark & Associates is high net worth individuals with 40 clients and $121.74 million of assets under management. Among the 10 most similar advisory firms, M.Z. Kark & Associates has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $188.03 million for 129 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.
M.Z. Kark & Associates doesn't advise any private funds.
Careers at M.Z. Kark & Associates, Inc
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 2 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.
Direct owners and executive officers
Based in Denver
The principal office where M.Z. Kark & Associates, Inc performs its advisory services is located at 720 S Colorado Blvd., Denver, CO 80246, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 303-623-1818 or by fax 303-623-2018. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at mzkark.com.
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