Our firm gets its start helmed by Richard Kayne, a top investment manager, and John Anderson, a well known businessman, a Forbes 400 billionaire, and named benefactor of UCLA’s Anderson School of Management.
									History
									Quality Never Goes Out of Style
								
								
								Where We Come From
KAR was founded in 1984 by two successful entrepreneurs, Richard Kayne and John Anderson, for whom the University of California, Los Angeles, named its business school, The UCLA Anderson School of Management, to manage the funds of its principals and clients through non-traditional investment partnerships. The traditional investment management business conducted by KAR began in 1989 when Allan Rudnick joined the firm. Through the years, our firm was built upon our founders’ original principles: Orientation toward preservation of wealth and innovative ideas, an embrace of meticulous research, and a dedicated focus on quality in business practices and investment strategies.
Our goal at KAR is to invest in quality and to provide the highest level of client service. Contact our teams today.
 
									Founders
- John Anderson
- John E. Anderson was founder of Kayne Anderson Rudnick Investment Management. Mr. Anderson was a successful attorney, entrepreneur, and investor in financial-services businesses. The University of California, Los Angeles, named its business management school, The Anderson School at UCLA, after him. Mr. Anderson was a well-known philanthropist with a distinguished record of service to Southern California in the areas of education, health care, and cultural enrichment, including contributions to institutions such as UCLA, Children’s Hospital Los Angeles and the YMCA of Metropolitan Los Angeles. Mr. Anderson earned a B.S. from the University of California, Los Angeles, an M.B.A. from Harvard University, and a J.D. from the Loyola Law School, Los Angeles, the graduate school of law for Loyola Marymount University. 
- Richard Kayne
- Richard Kayne is founder of Kayne Anderson Rudnick Investment Management. He began his career in the mid-1960s as an analyst with Loeb Rhodes & Company in New York. Before forming Kayne Anderson Rudnick, Mr. Kayne was a principal of Cantor Fitzgerald & Company where he managed private accounts, a hedge fund, and a portion of firm capital. Mr. Kayne is a trustee and former Chairman of the Investment Committee of the UCLA Foundation and a trustee and co-chairman of the Investment Committee of the Jewish Community Foundation of Los Angeles. He earned a B.S. in Statistics from Stanford University and an M.B.A. from the University of California, Los Angeles. 
- Allan M. Rudnick
- Allan M. Rudnick is founder of Kayne Anderson Rudnick Investment Management. He began his career in the mid-1960s with Oppenheimer & Co. in New York, where he was a securities analyst and portfolio manager for the firm’s first small-mid cap mutual fund. Before joining KAR in 1989, Mr. Rudnick was Chief Investment Officer for The Pilgrim Group, overseeing both equity and fixed income mutual funds. At Kayne Anderson Rudnick, he was Chief Investment Officer from 1989 to 2007, and Chairman from 2005-2007, after which he was named Chairman Emeritus. He is active in philanthropic and community activities. He served as member of Cedars Sinai Investment Committee and as trustee of six mutual funds managed by First Pacific Advisors. Also, he was trustee of the closed-end investment company Source Capital, listed on the New York Stock Exchange. He is a trustee of Children’s Hospital Los Angeles and LA Leadership Academy Charter School, where he volunteered as instructor in financial literacy. Mr. Rudnick served on the Trinity College Board of Fellows. He earned a B.A. in Economics from Trinity College and an M.B.A. from Harvard University. 
Timeline
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											1984Firm Founded
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											1985Launch of Wealth Advisor BusinessOfficially registered with the SEC, we manage our first high-net-worth account for an outside client. 
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											1989Inception of High-Quality Investment ApproachAllan Rudnick joins the firm and brings with him his high-quality approach to investing. 
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											1990Launch of Institutional and Sub-Advisory BusinessesWe enter into our first institutional and sub-advisory relationships. Many of these relationships still exist today. 
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											1992Inception of Small Cap StrategyOur flagship Small Cap Core strategy is launched. 
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											1994Inception of Fixed Income Platform and First Equity Style StrategyWe launch our fixed income offering and Large Cap Quality Value strategy. 
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											1996Launch of Mutual FundsWe launch our first mutual fund. Today the fund family includes a total of 8 mutual funds. 
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											1998Inception of Small-Cap Style StrategiesWe launch our Small Cap Quality Value and Small Cap Sustainable Growth strategies. 
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											2000Inception of Mid Cap Core StrategyWe launch our first strategy dedicated to the mid-cap asset class. 
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											2005Firm Becomes a Wholly Owned Subsidiary of Virtus Investment PartnersDevelop a partnership with our parent company to strengthen the firm’s distribution capabilities while maintaining the autonomy of our firm and investment management. 
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											2011San Francisco Office OpensWe open our second official office location to better serve our Wealth Advisory clients in Northern California. 
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											2012International Platform LaunchedThe International Small Cap and Global Dividend Yield strategies are incepted. Launch of the Emerging Markets Small Cap strategy follows in 2014, Global Small Cap in 2016 and International Small-Mid Cap in 2019. 
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											2012Inception of Growth StrategiesWe launch our all cap growth, mid cap growth and large cap growth strategies. 
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											2013Top 10 on Barron’s List of Top 100 Independent AdvisorsWe have now been ranked in the top 10 for five consecutive years with the latest being our #1 ranking in 2017. 
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											2014Celebrate 30 Years!We are proud to be growing and preserving our clients’ wealth for 30 years! 
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											2015AUM Tops $10 BillionAn important milestone as we look to continue to help more clients achieve their financial goals. 
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											2016Salt Lake City and Denver Offices OpenWe open our third and fourth office locations to better serve our Wealth Advisory clients. 
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											2016Inception of Long/Short StrategyWe launch our first long/short strategy. 
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											2017Boston, Seattle, Scottsdale and Newport Beach Offices OpenWe open our fifth, sixth, seventh and eighth office locations to better serve our Wealth Advisory clients. 
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											2017Ranked #1 on Barron’s List of Top 100 Independent AdvisorsWe have now been ranked in the top 10 for five consecutive years. 
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											2017AUM Tops $18.9 BillionAn important milestone as we look to continue to help more clients achieve their financial goals. 
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											2018AUM Tops $22.8 BillionKAR reaches $22.8 billion in AUM as of December 31, 2018. 
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											2018Inception of SMID Growth StrategyWe launch our first strategy dedicated to the small-mid-cap growth asset class. 
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											2018Ranked #1 on Barron’s List of Top 100 Independent AdvisorsWe have now been ranked #1 for two consecutive years! 
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											2019Ranked #1 on Barron’s List of Top 100 Independent AdvisorsWe have now been ranked #1 for three consecutive years! 
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											2019Became a PRI SignatoryBecoming a PRI Signatory marks the formal launch of the firm’s ESG initiative. 
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											2019AUM Tops $33.0 BillionKAR reaches $33.0 billion in AUM as of December 31, 2019. 
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											2020Launch of Proprietary ESG Rating SystemWe introduce our own proprietary ESG rating system. 
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											2020AUM Tops $51.7 BillionKAR reaches $51.7 billion in AUM as of December 31, 2020. 
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											2021Ranked Top 10 on Barron’s List of Top 100 Independent AdvisorsWe have now been ranked in the top 10 for nine consecutive years! 
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											2021AUM Tops $65.0 BillionKAR reaches $65.0 billion in AUM as of December 31, 2021. 
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											2022Ranked #1 on Barron’s List of Top 100 Independent AdvisorsThis is the 5th year we have been ranked #1. (2017-2020 & 2022) 
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											2022Ranked #2 on Forbes Inaugural List of Top RIA FirmsThis is our first year ranking on Forbes’ list. 
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											2022Los Angeles Headquarters Moved to a New Office LocationWe relocated to a new office up the street after 38 years in our old location! 
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											2022Inception of Global All Cap ESG and Thematic Quality strategiesWe launch our first ESG and thematic strategies. 
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											2023Investment Team Promotions to Co-CIO, Head of Research, and Chief Market StrategistCraig Stone appointed to Co-Chief Investment Officer, Julie Biel to Chief Market Strategist, and Todd Beiley to Head of Research in preparation for Doug Foreman’s retirement at the end of 2024. 
 
                                                            