Lk Financial Planning LLC is a mid-sized advisory firm based in New York. It manages $69.79 million of regulatory assets for 41 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.
Lk Financial Planning provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lk Financial Planning LLC is $69.79 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 56% 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 Lk Financial Planning LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Lk Financial Planning is high net worth individuals with 8 clients and $69.79 million of assets under management. Among the 4 most similar advisory firms, Lk Financial Planning has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $69.79 million for 8 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.
Lk Financial Planning doesn't advise any private funds.
The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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.
The principal office where Lk Financial Planning LLC performs its advisory services is located at 545 Fifth Avenue, Suite 640, New York, NY 10017, 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 646-644-6292. The normal business hours are by appointment only on Monday - Friday.