Kovack Advisors, Inc.
Firm details
- Headquarters
- Fort Lauderdale, Florida
- CRD number
- 140808
- Registered since
- April 21, 2004
- Website
- kovackadvisors.com
- Custodians
- NATIONAL FINANCIAL SERVICES LLC, PERSHING LLC, FIDELITY DISTRIBUTORS COMPANY LLC
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees, Other
- Client types
- Individuals44.8%
- HNWI44.22%
- Corporations / Businesses7.81%
- State / Municipal Government3.16%
- Banking / Thrift Institutions0.01%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers
Firm profile
FINTRXOverview
Kovack Advisors, Inc. is a corporate-structured registered investment adviser that has been SEC-registered since 2004. The firm serves both individual and family clients as well as institutional accounts, offering financial planning, discretionary and non-discretionary portfolio management for individuals, small businesses and institutions, and the selection of outside advisers. Its fee arrangements include asset-based fees alongside hourly, fixed and other fee formats. Kovack identifies as a capital allocator and reports being an active ESG investor. Industry affiliations include relationships with a broker‑dealer and a law firm. The firm was named among Top RIA Firms by FA Magazine in 2020.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities35%
- Public Funds/Mutual Funds25%
- Non-Exchange Traded Equities16%
- State & Local Bonds11%
- Cash & Cash Equivalents9%
Owners & executives
3 of 14
Osvaldo Delgado
Founder & Chief Exceutive OfficerCRD 5709747
Isabelle Shick
Executive Vice President & Chief Financial OfficerCRD 5364794
Karl Klingmann Ii
CEO and PresidentCRD 4268378
Contacts
3 of 244
Troy Roberson
PresidentCRD 5741634
Marc Janca
Financial AdvisorCRD 5777785
Frank Brill
Financial Advisor and Registered PrincipalCRD 5782574
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 631Active vs passive
$1.2B in ETFs
73%
$912M
23%
$335M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | BlackRock | Passive | Large Blend | $62M | 82,768 | 4.97% |
Location
Fort Lauderdale, FL
Broward
Location
Fort Lauderdale, FL
Headquartered in Fort Lauderdale, FL, anchoring the Miami-Port St. Lucie-Fort Lauderdale, FL metro in the South.
- Metro area
- Miami-Port St. Lucie-Fort Lauderdale, FL
- Region
- South
- County
- Broward
- Address
- 6451 N Federal Hwy
- Time zone
- ET (UTC-5)
- Office locations
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