News & Awards

Read the latest news about KAR.

Pensions & Investments Global Outlook 2023
CIO Doug Foreman speaks on the challenging year set to follow 2022

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Pensions & Investments Global Outlook 2023
January 12, 2023
CIO Doug Foreman speaks on the challenging year set to follow 2022

CIO Doug Foreman, shares his 2023 global outlook in Pensions & Investments in which he states that the mix of higher rates, high inflation and slowing growth will likely spell a mild recession in 2023.

Read the full piece: https://bit.ly/3XkQ4C8

For more of Doug’s insights, check out our 4Q2022 Market Review Commentary.

 

 

 

 

Thomas Pontius, Financial Planner, Quoted in Financial Advisor Magazine
How To Plan For Taxes With A Divided Congress
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Thomas Pontius, Financial Planner, Quoted in Financial Advisor Magazine
January 9, 2023
How To Plan For Taxes With A Divided Congress

In a recent Financial Advisor Magazine article, Thomas Pontius, CFP® shares his outlook on how clients should proactively plan for taxes and recognize that major changes will likely begin in 2026.

Read the piece: https://bit.ly/3CAQU60

 

Contact us to learn more about our tax planning services.

 

The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur.

 

WealthManagement.com 2023 Market Outlook
Senior Wealth Advisor Randy Allen calls for advisors to step up in creativity and consistency.
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WealthManagement.com 2023 Market Outlook
January 1, 2023
Senior Wealth Advisor Randy Allen calls for advisors to step up in creativity and consistency.

Despite the ups and downs of 2022, Randy believes there are still opportunities for advisors to leverage the market conditions of 2023 in service of preserving clients’ portfolios. Among the areas of opportunity are tax loss harvesting, Roth conversion strategies, and long-term flexible planning.

Read the full outlook here: https://bit.ly/3i39qgo

To speak with Randy, contact our Newport office.

Inflation Cools Again
KAR CIO Doug Foreman Quoted in Barron’s Magazine
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Inflation Cools Again
Inflation Cools Again, Adding to Hope the Worst Is Over
December 13, 2022
KAR CIO Doug Foreman Quoted in Barron’s Magazine

According to Doug, strong employment continues to be the Fed’s Achilles Heel. Doug highlights that any reduction of labor demand growth will be seen as a positive indicator by the Fed to slowing the economy.

Read the article here: https://bit.ly/3YlXer7 (Note: a subscription to Barron’s is required for access)

The Secret to Strong Organic Growth
Spuds Powell profile in Barron's Advisor
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The Secret to Strong Organic Growth
November 18, 2022
Spuds Powell profile in Barron's Advisor

Managing Director and Barron’s Hall of Famer, Spuds Powell, was recently profiled by Steve Garmhausen in Barron’s Advisor discussing the organic growth of the Kayne wealth advisor team, his journey and evolution as a financial advisor and the value of building strong client relationships. Read the full piece here: https://webreprints.djreprints.com/2360511WR.pdf

 

Contact Spuds today to learn more.

Interest Rates Are Up, What Should You Do With Cash?
KAR Senior Wealth Advisor Dustin Gale quoted in Financial Advisor Magazine
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Interest Rates Are Up, What Should You Do With Cash?
What To Do With Client Cash Now That Interest Rates Are Up
November 16, 2022
KAR Senior Wealth Advisor Dustin Gale quoted in Financial Advisor Magazine

Dustin Gale, CFP®, CPWA® shares his outlook on how clients should keep emergency cash during these high-inflation times and discusses that in time, the payout rates may get better. Check out the Financial Advisor Magazine article for more: https://bit.ly/3Ali27V

 

Learn more about our wealth management services or contact our office.

Will this Decade Be a Downer for the Stock Market?
KAR CIO Doug Foreman quoted in CIO Magazine.
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Will this Decade Be a Downer for the Stock Market?
This Decade Will Be a Downer for the Stock Market: Heard That One Before?
November 16, 2022
KAR CIO Doug Foreman quoted in CIO Magazine.

Doug Foreman recently shared his insights in Lawrence Light’s Chief Investment Officer Magazine article on what the market will look like in the coming decade. He notes that many overlook that the drawdowns create bargains that can set up ‘above-average returns’. Read the full article: http://bit.ly/3Ea7ycx (login credentials are free to create and required to view the article)

 

Contact us to speak with our Investment Team.

How to Take Advantage of Higher Tax Brackets, Deductions
Wealth Advisor Tyler Sterk Quoted in Financial Advisor
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How to Take Advantage of Higher Tax Brackets, Deductions
How To Take Advantage Of Higher Tax Brackets, Deductions
November 14, 2022
Wealth Advisor Tyler Sterk Quoted in Financial Advisor

Tyler Sterk, CPA recently shared insights on how the expansion of marginal tax brackets gives retirees the ability to convert more assets from their tax-deferred IRAs to their tax-free Roth IRAs. Read the full Financial Advisor Magazine article here: bit.ly/3AeNNj7

 

Learn more about our tax planning services or contact us to discuss your options.

 

The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur. Past performance is no guarantee of future results.

KAR Ranked #2 on Forbes Inaugural Top RIA List 2022
Kayne Anderson Rudnick (KAR), a Los Angeles investment firm, has ranked second on Forbes Top 100 RIA Firms list for 2022.
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KAR Ranked #2 on Forbes Inaugural Top RIA List 2022
November 11, 2022
Kayne Anderson Rudnick (KAR), a Los Angeles investment firm, has ranked second on Forbes Top 100 RIA Firms list for 2022.

For more information on the ranking, visit: https://www.forbes.com/lists/top-ria-firms/?sh=46b1696c3cd5

 

“We are especially proud of this recognition which took into account an understanding of the overall client experience, among other criteria,” said KAR Executive Managing Director Stephen A. Rigali. “The entire KAR wealth management team has the best interest of their clients at the forefront of their work, and it is an honor that we have ranked this highly out of over 36,000 nominations.”

 

According to R.J. Shook, President of Shook Research, this ranking is based on an algorithm of qualitative criteria, mostly gained through telephone, virtual and in-person due diligence interviews, and quantitative data such as revenue, assets under management, and client-related data including retention rates.

 

Kayne Anderson Rudnick’s wealth management team also appeared on Barron’s 2022 list of the Top Independent Advisors, Top 1,200 Advisors by State and Forbes’ 2022 list of Best-In-State Wealth Advisors.

 

 

 

Forbes’ Top RIA Firms 2022 and Forbes’ 2022 Best-In-State Wealth Advisors: Forbes includes wirehouses along with RIAs in their ranking. The Forbes rankings, developed by SHOOK Research, are based on an algorithm of qualitative criteria, gained through telephone, virtual and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their approach to working with clients. Each variable is graded and represents a certain value for each measured component. The algorithm measures thousands of advisors against each other. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings. KAR has not paid a fee to participate in the rankings but has paid fees for a license to reprint and distribute the results of the rankings. For additional information on the Forbes’ Top RIA Firms 2022, please visit here.  For additional information on the Forbes’ 2022 Best-In-State Wealth Advisors Ranking, please visit here.

 

For the Barron’s “Top 100 Independent Advisors” Barron’s utilizes the results from a 102-question survey that is completed by advisors who wish to be ranked. Barron’s verifies that data with the advisors’ firms and with regulatory databases and then applies its rankings formula to the data to generate a ranking. The formula features three major categories of calculations: (1) Assets (2) Revenue (3) Quality of practice. Barron’s also measures the growth of advisors’ practices and their client retention along with a wide range of qualitative factors, including the advisors’ experience, their advanced degrees and industry designations, the size, shape, and diversity of their teams, their charitable and philanthropic work, and their compliance records. KAR has not paid a fee to participate in the rankings but has paid fees for a license to reprint and distribute the results of the rankings.

For more information on the ranking, visit: https://www.barrons.com/advisor/report/top-financial-advisors/independent?mod=faranking_subnav.

 

Senior Wealth Advisor Brian Chang Quoted in Financial Advisor Magazine
Is Financial Advising an Art or a Science?
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Senior Wealth Advisor Brian Chang Quoted in Financial Advisor Magazine
November 1, 2022
Is Financial Advising an Art or a Science?

Brian Chang shared why bear markets are a time to “develop a deeper understanding of clients’ biases and fears, which will strengthen the future advisory experience.” Financial planning is both an art and a science, especially during times of turmoil. Read more in Financial Advisor Magazine: https://bit.ly/3FKPCri

 

Contact Brian to discuss your financial plan.

Investing and a Team Approach – the KAR Model
Private Wealth Article: “Yielding Sustainable Results Through High Quality Investing and Thoughtful Collaboration”
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Investing and a Team Approach – the KAR Model
Yielding Sustainable Results Through High Quality Investing and Thoughtful Collaboration
October 31, 2022
Private Wealth Article: “Yielding Sustainable Results Through High Quality Investing and Thoughtful Collaboration”

Executive Manager Director, Stephen Rigali, shared his insights on KAR’s high-quality investment strategy, the unique approach to our leadership team & how our investment management division works alongside the wealth management division in the recent Private Wealth Financial Advisor magazine piece: https://bit.ly/3FAIrSz

How to Build an Emergency Savings Fund During an Era of Inflation
Senior Wealth Advisor Sam Waltman Quoted in CNBC
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How to Build an Emergency Savings Fund During an Era of Inflation
How to Build an Emergency Savings Fund During an Era of Inflation
October 13, 2022
Senior Wealth Advisor Sam Waltman Quoted in CNBC

Sam Waltman recently shared advice on how to build an emergency savings fund during periods of high inflation. He suggests that one should create a line item for savings in their budget as a way to consistently contribute. Read more in CNBC article: https://cnb.cx/3yCdQQj

Wealth Advisor Tyler Sterk Quoted in Financial Advisor
Inflation, higher interest rates, and continued market volatility are leading investors to reassess estate planning techniques to meet today’s environment.
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Wealth Advisor Tyler Sterk Quoted in Financial Advisor
Estate Planning For A New Day
October 3, 2022
Inflation, higher interest rates, and continued market volatility are leading investors to reassess estate planning techniques to meet today’s environment.

Wealth Advisor Tyler Sterk, CFP®, CPA shares his insights on estate planning and how the lifetime exemption will revert to its old level or lower by 2026.

Read the article in Financial Advisor Magazine: https://bit.ly/3fFVEPj

 

The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur. Past performance is no guarantee of future results.

KAR Senior Wealth Advisors Named Orange County Visionaries
Randy Allen, Senior Wealth Advisor and Brian Chang, Senior Wealth Advisor were recently named “2022 Visionaries: Leaders in Banking and Finance” by Orange County Banking & Finance magazine, a publication of the L.A. Times.
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KAR Senior Wealth Advisors Named Orange County Visionaries
October 02, 2022
Randy Allen, Senior Wealth Advisor and Brian Chang, Senior Wealth Advisor were recently named “2022 Visionaries: Leaders in Banking and Finance” by Orange County Banking & Finance magazine, a publication of the L.A. Times.

The honorees profiled in this special edition of the publication were nominated by their colleagues and peers and selected by the publication’s stakeholders. Honorees represent commercial banking, investment banking, asset/investment management, lending, and private equity sectors as well as service executives across the legal, accounting and insurance sectors.

 

“We are proud to congratulate Randy and Brian for being recognized as Orange County Visionaries,” said Stephen Rigali, KAR Executive Managing Director. “This recognition is well deserved and highlights the remarkable leadership demonstrated by the KAR wealth advisory team throughout the challenges presented over the last year.”

 

Profiles of the winners included their “backgrounds, skill sets and remarkable accomplishments and how they’ve propelled their organizations, their clients and our community at large towards success,” highlighting the personal and professional drivers in their lives.

 

To read the full honoree feature, including individual profiles of Randy Allen and Brian Chang, please click here.

 

OC Times B2B Publishing 2022 Visionaries are nominated by colleagues and peers and selected by B2B stakeholders. Selections are made without regard to whether an individual or company advertises with the OC Times. KAR has not paid fees to the award sponsor to obtain the award and does not anticipate that it will pay fees to re-license the award. KAR sponsored an ad in the 2022 B2B Banking & Finance publication but doing so was not a prerequisite to winning the award.

KAR Ranked as Barron’s Top Independent Advisor For 2022
Spuds Powell, Managing Director of Kayne Anderson Rudnick (KAR) Wealth Advisors, and the KAR Wealth Advisory team have ranked first on Barron’s Top 100 Independent Advisors list for 2022.
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KAR Ranked as Barron’s Top Independent Advisor For 2022
September 30, 2022
Spuds Powell, Managing Director of Kayne Anderson Rudnick (KAR) Wealth Advisors, and the KAR Wealth Advisory team have ranked first on Barron’s Top 100 Independent Advisors list for 2022.

This marks the fifth time Powell has ranked first overall among Barron’s top independent advisors and the tenth consecutive year within the top 10, including a four year stretch as number one from 2017-2020. Powell is the only independent advisor to hold the number one ranking for five or more years. His ten-year milestone achievement automatically triggered the Hall of Fame induction.

 

Spuds Powell and the KAR Wealth Advisory team’s capability to maintain their presence on this prominent list for the past decade is a testament to their consistency in developing and sustaining client relationships,” said KAR Executive Managing Director Stephen A. Rigali. “Our ranking at number one is reflective of the team’s commitment to client communication and their work during a tumultuous year.

 

The Barron’s ranking reflects the volume of assets overseen by the advisors and their teams, revenues generated for the firms, and the quality of the advisors’ practices. The scoring system assigns a top score of 100 and rates the rest by comparing them with the top-ranked advisor. KAR has not paid to participate in the ranking or for the ranking itself.

 

Kayne Anderson Rudnick’s wealth management team also appeared on Barron’s 2022 list of the Top 1,200 Advisors by State and Forbes’ 2022 list of Best-In-State Wealth Advisors.

 

Click here to view the special report.

 

For more information on the ranking, visit: https://www.barrons.com/advisor/report/top-financial-advisors/independent?mod=faranking_subnav.

 

For more information on the Barron’s Hall of Fame, visit: https://www.barrons-advisor.com/hall-of-fame.html.

 

 

For the Barron’s “Top 100 Independent Advisors” Barron’s utilizes the results from a 102-question survey that is completed by advisors who wish to be ranked. Barron’s verifies that data with the advisors’ firms and with regulatory databases and then applies its rankings formula to the data to generate a ranking. The formula features three major categories of calculations: (1) Assets (2) Revenue (3) Quality of practice. Barron’s also measures the growth of advisors’ practices and their client retention along with a wide range of qualitative factors, including the advisors’ experience, their advanced degrees and industry designations, the size, shape, and diversity of their teams, their charitable and philanthropic work, and their compliance records. KAR has not paid a fee to participate in the rankings but has paid fees for a license to reprint and distribute the results of the rankings.

The Barron’s Hall of Fame Advisor Award is an award honoring a group of advisors who exemplify long-term success and commitment to their clients.  Each member of the Hall of Fame has appeared in Barron’s annual Top 100 Advisor rankings for 10+ years, and their long-looking commitment to excellence is a hopeful example for the industry to follow. KAR has not paid a fee to participate in the award or to reprint and distribute the result of the award. 

Forbes’ 2022 Top Wealth Advisors and Best-In-State Wealth Advisors: Forbes includes wirehouses along with RIAs in their ranking. The Forbes rankings, developed by SHOOK Research, are based on an algorithm of qualitative criteria, gained through telephone, virtual and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their approach to working with clients. Each variable is graded and represents a certain value for each measured component. The algorithm that measures thousands of advisors against each other. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings. KAR has not paid a fee to participate in the rankings but has paid fees for a license to reprint and distribute the results of the rankings.

 

For additional information on the Forbes’ 2022 Best-In-State Wealth Advisors Ranking, please visit here.

Asia Faces Continued Pressure on Riskier Assets

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Asia Faces Continued Pressure on Riskier Assets
Stocks Drop for Sixth Session as Rate Woes Persist: Markets Wrap
September 26, 2022

Portfolio Manager and Senior Research Analyst Julie Biel, CFA recently shared that despite the tumultuous market we’re facing, we are one step closer to recovery. In terms of possible correction with today’s high inflation, we still have a long way to go.

 

For more, read the full Bloomberg News article: https://bloom.bg/3UJFyEf

Emerging Markets Small Cap Portfolio Manager Hyung Kim Speaks with Barron’s on How an EM Fund Stays on Top
Taking a long-term view on emerging market economies
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Emerging Markets Small Cap Portfolio Manager Hyung Kim Speaks with Barron’s on How an EM Fund Stays on Top
How an Emerging Market Stock Fund Stays on Top, With Less Risk
August 26, 2022
Taking a long-term view on emerging market economies

In this piece, Portfolio Manager & Senior Research Analyst, Hyung Kim discusses his background growing up in South Korea, areas of opportunity in emerging markets, and KAR’s approach in identifying quality investments.

 

Read the full feature: https://www.virtus.com/articles/how-an-emerging-market-stock-fund-stays-on-top-with-less-risk

Wealth Advisor Tyler Sterk Quoted in Financial Advisor
The carried interest provision lived to see another day as Senate Democrats moved to remove a provision that would have narrowed the preferential tax treatment on the share of profits earned by private equity partners or hedge fund managers.
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Wealth Advisor Tyler Sterk Quoted in Financial Advisor
Carried-Interest Tax Provision Safe, But Only For Now
August 22, 2022
The carried interest provision lived to see another day as Senate Democrats moved to remove a provision that would have narrowed the preferential tax treatment on the share of profits earned by private equity partners or hedge fund managers.

Wealth advisor, Tyler Sterk, shares his insights on how carried interest tax is generally at the more favorable long-term capital gains rate at 20%, rather than the ordinary income tax rate at 37%.

 

Read full article: https://bit.ly/3ADYEDK

 

The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur. Past performance is no guarantee of future results.

The Case for Quality in Times of Turbulence
In a recent WealthManagement.com byline, Senior Wealth Advisor Sam Waltman, CFA discusses how to navigate stock market volatility and inflation as we forge ahead into the second half of 2022.
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The Case for Quality in Times of Turbulence
The Case for Quality in Times of Turbulence
August 16, 2022
In a recent WealthManagement.com byline, Senior Wealth Advisor Sam Waltman, CFA discusses how to navigate stock market volatility and inflation as we forge ahead into the second half of 2022.

At KAR, our investment thesis centers around identifying and investing in high-quality companies. We seek to own differentiated businesses with enduring competitive protections, favorable long-term prospects, and exceptional economic characteristics. Given the current rising interest rate environment and volatility in the equity market, we believe there are opportunities created for advisors and their clients to invest in high quality names.

 

Read Sam’s mid-year outlook: https://bluetoad.com/publication/?i=758140&article_id=4327006&view=articleBrowser&ver=html5

 

Contact Sam to learn about our wealth advisory services.

 

The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur. Past performance is no guarantee of future results.

Facing Unplanned Financial Needs
Senior Wealth Advisor Dustin Gale weighs in on your options for accessing emergency cash.
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Facing Unplanned Financial Needs
Does Your Client Need Emergency Cash? Here Are Some Options
August 15, 2022
Senior Wealth Advisor Dustin Gale weighs in on your options for accessing emergency cash.

Senior Wealth Advisor Dustin Gale was quoted in a Financial Advisor Magazine piece regarding options to access emergency cash given rising interest rates. Read the full article: https://bit.ly/3R4A7NF

Do you have questions about accessing cash for an emergency? Contact Dustin.

Is Cash Really King in Tumultuous Markets?
Senior Wealth Advisor Brian Chang discusses behavioral finance’s role in volatile markets in his recent byline in Rethinking65.
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Is Cash Really King in Tumultuous Markets?
Is Cash Really King in Tumultuous Markets?
August 11, 2022
Senior Wealth Advisor Brian Chang discusses behavioral finance’s role in volatile markets in his recent byline in Rethinking65.

“Part of the problem is that investors are fighting their own psychology. They’ve been conditioned to believe that if they try harder, they will get better results.”Brian Chang

 

More than ever, in today’s environment, advisors must understand how their clients react to market events and how that influences their decision-making.  In his byline, Brian discusses encouraging clients to act in concert with risk tolerance, the strategy of holding sufficient cash to feel comfortable during a market correction, and considering alternatives as a substitute for low-return traditional assets.

 

Read the full article here: https://bit.ly/3Pisx0f

 

Contact Brian to learn about your investing options in a volatile equity market.

 

The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur. Past performance is no guarantee of future results.

KAR SF Office Ranks #5 Largest Wealth Management Firm in the Bay Area
The San Francisco Business Times ranks KAR No. 5 on its annual listing of the largest wealth management firms in the Bay Area.
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KAR SF Office Ranks #5 Largest Wealth Management Firm in the Bay Area
August 08, 2022
The San Francisco Business Times ranks KAR No. 5 on its annual listing of the largest wealth management firms in the Bay Area.

The listing is ranked by local assets under management for individual client accounts. The list includes wealth management firms with offices located in the Bay Area, specifically Alameda, Contra Costa, Marin, San Francisco, and San Mateo counties. Information required to compile this ranking was obtained from firm representatives and independent San Francisco Business Times research. KAR has not paid fees to the award sponsor to obtain the ranking. 

View the complete ranking here.

 

Contact us to schedule time to speak with our SF based advisors about your investment portfolio.

 

Is it a Good Time for a Roth IRA Conversion?
Senior Wealth Advisor Kevin O’Regan quoted in the Wall Street Journal
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Is it a Good Time for a Roth IRA Conversion?
August 6, 2022
Senior Wealth Advisor Kevin O’Regan quoted in the Wall Street Journal

Boston based Kevin O’Regan weighs in on Bailey McCann’s recent piece on whether now is a good time to convert a traditional IRA to a Roth IRA.  He also shares how to plan for the tax penalties/benefits that come with it.

 

Read the article: https://on.wsj.com/3vS1AK0

 

Contact Kevin with your questions about Roth IRA conversions.

 

The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur.
KAR Named to Financial Advisor Magazine’s 2022 “RIA Survey & Ranking” List
Kayne Anderson Rudnick has ranked 10th overall on Financial Advisor Magazine’s “RIA Survey & Ranking” list for 2022.
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KAR Named to Financial Advisor Magazine’s 2022 “RIA Survey & Ranking” List
July 20, 2022
Kayne Anderson Rudnick has ranked 10th overall on Financial Advisor Magazine’s “RIA Survey & Ranking” list for 2022.

The ranking methodology includes 2021 year-end discretionary and non-discretionary assets under management, percentage of growth in assets from 2020-2021, assets per client, percentage of growth in assets per client and percentage change in number of clients.

 

For the full ranking consisting of 534 RIAs, visit: here.

 

“We are honored to be recognized by Financial Advisor Magazine with a top 10 ranking of over 500 notable RIA firms,” said Stephen A. Rigali, Kayne Anderson Rudnick Executive Managing Director and Member of the Executive Management Committee. “This ranking is reflective of our specialized, high quality investment strategies and the approach of our investment and wealth managers during a unique time in the market cycle.”

 

To be eligible for the ranking, firms must be independent registered investment advisors, file their own ADV statement with the SEC and provide financial planning and related services to individual clients. This survey does not apply to hybrid RIAs and corporate RIAs. KAR did not pay any fees to participate in the Financial Advisor Magazine ranking.

A Long-Standing Culture of Diversity and Inclusion - a special WealthBriefing report on KAR’s corporate social responsibility program
Jeannine Vanian, COO, talks about KAR’s CSR Program and the firm’s long fostered culture of diversity and inclusion.
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A Long-Standing Culture of Diversity and Inclusion - a special WealthBriefing report on KAR’s corporate social responsibility program
July 01, 2022
Jeannine Vanian, COO, talks about KAR’s CSR Program and the firm’s long fostered culture of diversity and inclusion.

The June 2022 edition of Acclaim Magazine recognized leaders across the global wealth management industry through the WealthBriefing Awards Programme. Recognized for the category “Best CSR Staff Programme- Americas”, Jeannine comments “We are known for our investment acumen. We see this award as a way to showcase our commitment to forging meaningful connections with the people around us, attracting community-oriented advisors and creating an outlet for CSR-minded clients.

 

She shares community initiatives that the firm focuses on and how clients and employees participate in KAR’s CSR program.

Read the full article to learn more about our CSR program.

 

 

 

The Wealth For Good Awards are independently judged based solely on the basis of entrant’s submissions and their response to a number of specific questions, which are answered by focusing on the client experience rather than purely quantitative performance metrics. The awards recognize the very best operators in global wealth management with “independence”, “integrity”, and “genuine insight”, the watchwords of the judging process. While the judging process is completely independent of any commercial arrangements between the participants and the organizers, it is expected that winners have an obligation to work with the organizers to promote their award and this obligation is separate to attendance at an awards ceremony. KAR did not pay any fees to participate in the Wealth For Good Awards; however, KAR did pay fees for an advertisement and article placement after it was notified that it won. For additional information regarding the Wealth For Good Awards and methodology, please visit https://clearviewpublishing.com/events/the-wealth-for-good-awards-2022/

A Time to Stress About a Bear Market?
Senior Wealth Advisor Spuds Powell speaks on a possible bear market in recent LA Business Journal article
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A Time to Stress About a Bear Market?
Bear Market? No Stress
June 27, 2022
Senior Wealth Advisor Spuds Powell speaks on a possible bear market in recent LA Business Journal article

In this special report, Spuds joins other experts to weigh in on how this bear market is different than past ones and the investing opportunities it could create.

 

“Despite the doom and gloom, there’s a lot to be optimistic about in the current market that could steer the economy away from a recession, or at least make it a minor one.”

 

Click to read the full article: https://labusinessjournal.com/finance/banking/bear-market-no-stress/

 

 

The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur. Past performance is no guarantee of future results.

Working With Financially Independent Widows
KAR Managing Director Spuds Powell discusses his work with financially independent widows and how helping them feel comfortable & confident comes down to the ability to earn their trust.
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Working With Financially Independent Widows
Working With Financially Independent Widows
June 26, 2022
KAR Managing Director Spuds Powell discusses his work with financially independent widows and how helping them feel comfortable & confident comes down to the ability to earn their trust.

Spuds follows a three-step process for getting his clients up to speed on taking charge of their financial affairs and provides a surviving spouse checklist to help manage financial obligations.

 

Learn about the steps he takes in Jeff Benjamin’s recent InvestmentNews profile: https://bit.ly/3OvGwjL

 

The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur. Past performance is no guarantee of future results.

Brian Chang Named as ‘40 Under 40’ Honoree by InvestmentNews
Brian Chang, Senior Wealth Advisor for Kayne Anderson Rudnick, has been recognized in the 2022 InvestmentNews class of 40 Under 40. Selected by a team of reporters and editors out of hundreds of online nominations, these individuals consist of financial advisors and wealth managers and young professionals from the asset management and academic industries who have assembled an impressive list of achievements and goals before turning 40.
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Brian Chang Named as ‘40 Under 40’ Honoree by InvestmentNews
June 17, 2022
Brian Chang, Senior Wealth Advisor for Kayne Anderson Rudnick, has been recognized in the 2022 InvestmentNews class of 40 Under 40. Selected by a team of reporters and editors out of hundreds of online nominations, these individuals consist of financial advisors and wealth managers and young professionals from the asset management and academic industries who have assembled an impressive list of achievements and goals before turning 40.

For more information on 40 Under 40, visit: https://40under40inadvice.com/about-2/.

 

Brian’s background and ability to speak Mandarin allows him to uniquely gain trust and comfort from his clients, many of which are of Chinese descent,” said Stephen A. Rigali, Kayne Anderson Rudnick Executive Managing Director and Member of the Executive Management Committee. “KAR ensures that every client, no matter their ethnicity or cultural relationship with money, is understood. Brian is a model example of that, and the KAR Executive Committee would like to congratulate him on this recognition.”

 

In addition to his work with clients, considered for this recognition was Brian’s philanthropic work volunteering with the Los Angeles-area Taiwanese Chamber of Commerce, giving frequent presentations on financial topics to teenagers and pre-retirees.

 

Read more about Brian Chang and his 40 Under 40 recognition, here.

 

About Kayne Anderson Rudnick
Kayne Anderson Rudnick is an investment and wealth advisory firm founded in 1984 by John Anderson (a Forbes 400 billionaire and the benefactor of UCLA’s Anderson School of Management). Based in Los Angeles, the firm has $65 billion in assets under management as of December 31, 2021. The company manages assets for corporations, endowments, foundations, public entities, and high net worth individuals. With over 30 years of experience, the firm is known for its commitment to high quality in its business practices, investment strategies and wealth solutions.

 

 

 

KAR makes no warranty as to the accuracy or reliability of the information contained herein. KAR has not paid fees to the award sponsor to obtain the award.  The firm has paid a fee to license use of the InvestmentNews 40 Under 40 logo.

Navigating the Hurdles of Cash Windfalls
San Francisco Bay Area based Senior Wealth Advisor Tom Connaghan shares his insights with Think Advisor on the unexpected challenges significant wealth creation can pose.
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Navigating the Hurdles of Cash Windfalls
From IPOs to Sudden Inheritances: Helping Clients Navigate the Hurdles of Cash Windfalls
June 9, 2022
Tom Connaghan
San Francisco Bay Area based Senior Wealth Advisor Tom Connaghan shares his insights with Think Advisor on the unexpected challenges significant wealth creation can pose.

As a long-time wealth advisor in the Bay Area, I’ve seen my share of young entrepreneurs catapulted into higher income brackets and new lifestyles after their tech start-up generated a windfall of cash. But while they welcome financial success, they are often unprepared for the diversification, risk mitigation and tax liability reduction decisions their newfound wealth requires.

 

Such windfalls, of course, are not reserved for Silicon Valley luminaries. They are also common among early-stage employees who’ve accumulated shares at multiple companies and children who’ve become sudden heirs after the untimely death of a parent. Whether from major cash-outs, accumulated company shares, unexpected inheritances or divorce settlements, significant wealth creation can pose unexpected challenges for these clients.

 

The Face of Newfound Wealth

Clients with newfound wealth can include founders, co-founders or early-stage employees of start-ups that generated windfalls from an IPO during or after their employment. Some acquired new wealth may also result from a merger, acquisition, or other liquidity event.

 

They might emerge from a six-year stint to capture a $20 million windfall after taking a tech venture public. They may be surprised by a $15 million pay-out as a result of an IPO at a previous employer where they thought their shares had been diluted.

 

The intense success over a compressed timeframe with little exposure to loss can leave young entrepreneurs with a distorted sense of risk. Most of their wealth, and therefore risk, is typically tied up in their company. Founders who became wealthy by employing risky strategies may be wired to assume outsized risk with their assets or prone to miscalculating risk with highly concentrated positions.

 

That distortion might be more acute with clients who invested entirely within the recent bull run—and all within the confines of the Silicon Valley ecosystem and its disproportionate number of successful start-ups. They may become overly optimistic and unprepared for an eventual downturn if their company vastly outperformed the broader market for several years. It’s critical for them to understand the role diversification and risk management plays.

 

Other clients may have seen their wealth balloon in their late 20s before experiencing additional windfalls in their 30s from multiple firms, requiring ongoing risk and balance sheet management. Instead of instant wealth from a major IPO, they have accumulated shares in the form of restricted stock units (RSU) or other compensation.

 

As early-stage employees, they receive the most valuable equity at the firms. But that equity dilutes over time. Once the RSUs are vested, they have less incentive to stay and often leave to restart the cycle at another firm.

 

It could also be a client who receives a family inheritance after the unexpected death of a parent, perhaps with assets from appreciated property values, a scenario which has become more common during the pandemic.

 

Understanding Risk & Protecting Assets

Financial advisors serve as a client’s guide through defining and achieving their financial goals, oftentimes shepherding them through uncharted territory. While some seek advice in anticipation of a windfall, others wait until their money is in hand. By the time they reach our office, they are often overwhelmed by the management their wealth demands. That is why, in our experience, it is important to engage with an advisor they trust, and as early in the process as possible.

 

Some clients may struggle to understand the consequences of holding a concentrated position with company stock. They seek our expertise about whether they should hold their shares or sell them immediately and, if they sell, how to reinvest the proceeds. Others want to know the tax implications and whether they qualify for a federal exemption. For some, company stock that comprises the bulk of their compensation plan may have lost value.

 

Through consistent communication, we strive to help clients understand how to grow and protect their assets. Specifically, we ensure accounts are organized, estates are properly settled, and investments are seamlessly transferred. We also connect them to a wider network of accountants, estate attorneys, and other third-party professionals.

 

Additionally, we research companies and conduct risk assessments to gauge tax liability. By generating detailed analyses, we believe we can illustrate how market events can impair businesses. We help them understand the scope of their wealth and work to deter them from making mistakes common among the newly wealthy.

 

As collaborators, we offer access to what we believe are timely investing ideas and walk clients through capital markets complexities that technologically based alternatives, such as robo-advisors, may not offer. As we see it, we are trusted advocates who strive to actively identify investment opportunities – many of which clients are unaware of – and provide counsel on the latest investment trends dominating headlines.

 

For example, we can diversify a portfolio for someone who is sitting on a highly concentrated position with company stock simply to avoid a hefty capital gains tax. We may suggest cutting existing shares to reduce that liability for a client who has vested shares periodically coming due.

 

Clients are typically focused on growing and taking risks. But for those prioritizing risk management over performance, we might reserve one portion of their assets for living expenses and another for risk taking.

 

For sudden heirs, we can serve as a guide through a time of stress and confusion. In instances where we have already advised an heir’s parents, we believe we are better positioned to incorporate their specific allocation needs and risk tolerances, whether conservative or uber aggressive. If needed, we can expand our role by identifying tax efficiencies or ways to unwind exposure for heirs at publicly-traded tech companies.

 

These scenarios present a prime opportunity for advisors to help clients navigate new terrain. For us, they create an opening to demonstrate our value with younger investors who may not be sophisticated investors but are less likely to hire an advisor. We can pick up where self-directed brokerage accounts leave off. Ultimately, we believe we can cultivate lasting relationships, helping clients achieve the financial freedom and security they crave.

 

Contact our San Francisco office today.

 

Reprinted with permission from the June 9, 2022 online edition of Think Advisor © 2022 ALM Global Properties, LLC. All rights reserved. Further duplication without permission is prohibited, contact 877-256-2472 or .

KAR Senior Wealth Advisors Named Five Star Wealth Managers
The KAR team is pleased to have Curt, Dustin, Spuds and Randy named as Five Star Wealth Managers once again.
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KAR Senior Wealth Advisors Named Five Star Wealth Managers
KAR Senior Wealth Advisors Named Five Star Wealth Managers
May 31, 2022
The KAR team is pleased to have Curt, Dustin, Spuds and Randy named as Five Star Wealth Managers once again.

KAR is proud to announce that four of our senior wealth advisors have been named as Five Star Wealth Managers for 2022.

Los Angeles:

Orange County:

According to Five Star Professional, the program’s objective is to recognize wealth management professionals who “show a commitment to clients, demonstrate strong industry credentials, and are evaluated on the quality of their current practice.”

Commenting on the recognition, Stephen Rigali, KAR Executive Managing Director said: “The KAR team is pleased to have Curt, Dustin, Spuds and Randy named as a Five Star Wealth Manager once again.  Being recognized across consecutive years is a testimony to their ongoing commitment to delivering a high level of service to their clients.”

For more information on the Five Star award and the research/selection methodology, go to https://www.fivestarprofessional.com/public/wmresearch. 3,781 Los Angeles-area wealth managers were considered for the award; 150 (4% of candidates) were named 2022 Five Star Wealth Managers. 2,482 Orange County-area wealth managers were considered for the award; 143 (6% of candidates) were named 2022 Five Star Wealth Managers.

 

Five Star Professional conducts market-specific research to identify outstanding service professionals. Founded in 2003, the Five Star award program is the largest and most widely published award program in North America, covering more than 45 major markets. Professionals recognized as award winners are published by Five Star Professional and its partners. Award winners cannot pay a fee to be included in the research or the final list of award recipients. For more information regarding Five Star Professional’s program and research methodology, please visit their website here: https://www.fivestarprofessional.com/public/wmresearch

 

Learn more about Why our clients choose KAR and Contact Us today.

KAR Awarded Best CSR (Corporate Social Responsibility) Programme – Americas Region
The firm joins the growing ranks of the global wealth management industry which recognizes the importance of promoting the highest standards of ethical and sustainable behaviors.
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KAR Awarded Best CSR (Corporate Social Responsibility) Programme – Americas Region
May 31, 2022
The firm joins the growing ranks of the global wealth management industry which recognizes the importance of promoting the highest standards of ethical and sustainable behaviors.

Los Angeles – KAYNE ANDERSON RUDNICK DEMONSTRATES COMMITMENT TO ETHICAL STANDARDS WITH WEALTH FOR GOOD AWARD

 

Kayne Anderson Rudnick was awarded the ‘Best CSR (Corporate Social Responsibility) Staff Programme – Americas’ at the Inaugural WealthBriefing Wealth for Good Awards, 2022.  The firm joins the growing ranks of the global wealth management industry which recognizes the importance of promoting the highest standards of ethical and sustainable behaviors.

 

Showcasing the most ethical wealth management businesses globally, the awards have been designed to recognize outstanding organizations grouped by specialism and geography which the prestigious panel of independent judges deemed to have ‘demonstrated commitment to the highest standards in relations to clients, colleagues and the wider community during the year’.

 

The WealthBriefing Wealth for Good Awards are part of a global program run by WealthBriefing and its sister publications WealthBriefingAsia and Family Wealth Report, encompassing all the world’s major wealth management centers.

 

Participants around the world recognize that winning awards is particularly important in these challenging times as it gives clients reassurance that their advisors and business partners are upholding the highest standards in the industry as well as in the solidity and sustainability of the winner’s business and operating model.

 

Commenting on the firm’s triumph, Jeannine Vanian, KAR Chief Operating Officer said: “We dedicate ourselves to developing a team that exemplifies diversity and embraces the needs of the people who surround us, and it is our honor to receive this award.”

 

Find out more here.

 

 

The Wealth For Good Awards are independently judged based solely on the basis of entrant’s submissions and their response to a number of specific questions, which are answered by focusing on the client experience rather than purely quantitative performance metrics. The awards recognize the very best operators in global wealth management with “independence”, “integrity”, and “genuine insight”, the watchwords of the judging process. While the judging process is completely independent of any commercial arrangements between the participants and the organizers, it is expected that winners have an obligation to work with the organizers to promote their award and this obligation is separate to attendance at an awards ceremony. KAR did not pay any fees to participate in the Wealth For Good Awards; however, KAR did pay fees for an advertisement and article placement after it was notified that it won. For additional information regarding the Wealth For Good Awards and methodology, please visit https://clearviewpublishing.com/events/the-wealth-for-good-awards-2022/

Consumer Subscription Psychology Changing
Reuters Column: 'Peak subscription' a red flag for U.S. economy and markets
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Consumer Subscription Psychology Changing
May 16, 2022
Reuters Column: 'Peak subscription' a red flag for U.S. economy and markets

The rising inflation environment is leading consumers to reevaluate where their dollar is spent. Specifically, subscription based streaming services that thrived during the pandemic lockdown are beginning to see their subscription numbers drop.

Click here to read the full article.

 

Get in touch with Our Team today to learn how KAR managers respond to new market forces.

ThinkAdvisor Article: A Brief History of Economic Cycles
Brian Chang Quoted in ThinkAdvisor Article: A Brief History of Economic Crises, Crashes and Recoveries
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ThinkAdvisor Article: A Brief History of Economic Cycles
A Brief History of Economic Crises, Crashes and Recoveries
May 16, 2022
Brian Chang Quoted in ThinkAdvisor Article: A Brief History of Economic Crises, Crashes and Recoveries

Senior Wealth Advisor Brian Chang, CFA, CFP® recently shared his insights with Ben Mattlin of ThinkAdvisor regarding how investors responded to past economic crises and how that strategy relates to today’s combat against market volatility & inflation. Read the full article: https://bit.ly/3kKbE1L

 

See what sets our Wealth Managers apart at KAR, and get in touch with Our Team today.

 

Related Article: Learn why investors should avoid the “noise” of everyday media.

7 Tips for Tax Loss Harvesting
Now may be a good time to consider tax loss harvesting strategies
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7 Tips for Tax Loss Harvesting
7 Tips for Tax Loss Harvesting
May 16, 2022
Now may be a good time to consider tax loss harvesting strategies

Recent market volatility may provide investors with an opportunity to offset capital gains by selling securities at a loss.  Senior Wealth Advisor Spuds Powell shares his thoughts on how to make employing a tax loss harvesting strategy effective by having an interim strategy to maintain exposure to the markets.

 

Read the Barron’s Advisor article: https://bit.ly/3lGJXaw

 

Learn more about our Wealth Advisory Services and contact Spuds today.

 

The information provided here should not be considered to be tax advice and all investors should consult their tax professional about the specifics of their own tax situation to determine any proper course of action for them. KAR does not provide tax advice and nothing herein should be construed as tax advice, and information presented here may not be true or applicable for all income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur.

KAR Senior Wealth Advisors Named 2022 Leaders of Influence
Kayne Anderson Rudnick (KAR) is proud to announce that Spuds Powell, Managing Director, and Darnel Bentz, Senior Wealth Advisor, were recently named “Leaders of Influence: Wealth Managers” by Los Angeles Business Journal.
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KAR Senior Wealth Advisors Named 2022 Leaders of Influence
May 13, 2022
Kayne Anderson Rudnick (KAR) is proud to announce that Spuds Powell, Managing Director, and Darnel Bentz, Senior Wealth Advisor, were recently named “Leaders of Influence: Wealth Managers” by Los Angeles Business Journal.

Commenting on the honorees, Stephen Rigali, KAR Executive Managing Director said: “The KAR team is proud to congratulate Spuds and Darnel on this well-deserved recognition. Their commitment to our clients and the values of the firm exemplifies the goals of KAR as an organization and our culture.”

According to the Los Angeles Business Journal, the honoree profiles were drawn from submitted nomination materials, and “those selected for inclusion were reviewed by the editorial department and chosen based on a demonstration of impact made on the profession and on the Los Angeles community.” The nominee profiles feature information about their careers, practice, and a look at what makes them leaders in their field.

A highlight from the write-up on Spuds included: “Powell also is recognized as a wealth manager who advocates for ‘playing great defense’ during challenging economic environments. Clear communications with clients to define risk and their comfort giving a little upside in periods of volatility and high market risk is a strategy that Powell’s clients say they greatly value.”

Darnel’s profile highlighted: “Bentz focuses on the integration of alternative investment strategies and the customization of client financial plans. His ability to connect and build strong bonds with his clients allowed him to achieve a record year at KAR, adding $100 million in client assets as of the end of 2021. Bentz’s professional priority is for clients to experience the highest-quality service, gain valuable peace of mind, and have confidence that their life goals are obtainable and will be achieved.”

To read the full honoree feature, including individual profiles of Spuds and Darnel, click here.
To access the full list honoree PDF, click here.

 

Learn more about Why Our Clients Choose KAR and contact our Wealth Management team today.

 

KAR has not paid fees to the award sponsor to obtain the award and does not anticipate that it will pay fees to re-license the award. KAR sponsored an ad in the 2022 Los Angeles Business Journal Leaders of Influence: Wealth Management publication but doing so was not a prerequisite to winning the award.

Merits in Munis Report
In Citywire’s March Due Diligence report, Kim Friedricks, Managing Director, Fixed Income shares her insights on volatility in the US treasury market.
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Merits in Munis Report
May 3, 2022
In Citywire’s March Due Diligence report, Kim Friedricks, Managing Director, Fixed Income shares her insights on volatility in the US treasury market.

“In our view, it is preferable to trade into the market a little at a time, looking for what we think are the highest quality opportunities each day rather than going all in on any given day”.

 

Click to read the full piece.

 

To learn more about our Fixed Income services, click here.

Spuds Powell and Tom Connaghan Recognized by Forbes as Best-in-State for 5th Year in a Row
KAR is proud to announce that Spuds Powell, Managing Director, and Tom Connaghan, Senior Wealth Advisor, have both been recognized on the Forbes 2022 Best-in-State Wealth Advisors list. Spuds was recognized at No. 4 in Los Angeles for high-net-worth clients and Tom was recognized at No. 6 for high-net-worth clients in San Francisco.
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Spuds Powell and Tom Connaghan Recognized by Forbes as Best-in-State for 5th Year in a Row
April 29, 2022
KAR is proud to announce that Spuds Powell, Managing Director, and Tom Connaghan, Senior Wealth Advisor, have both been recognized on the Forbes 2022 Best-in-State Wealth Advisors list. Spuds was recognized at No. 4 in Los Angeles for high-net-worth clients and Tom was recognized at No. 6 for high-net-worth clients in San Francisco.

Please see the full list and coverage in Forbes here.

 

According to the authors of the list, Forbes and SHOOK Research, each advisor “is chosen based on an algorithm of qualitative and quantitative criteria, including: in-person interviews; industry experience; compliance records; revenue produced; and assets under management.”

 

Within the methodology write up, Forbes comments, “Here’s what our research has found: the very best advisors are laser focused on having a positive impact on their clients’ lives, they want to add meaning and help them live better lives.”

 

The full list features more than 6,500 advisors managing a collective $10 trillion.

 

Commenting on the recognition, Stephen Rigali, KAR Executive Managing Director said: “The KAR team is proud to congratulate Spuds and Tom on this achievement. Being recognized among this esteemed list showcases the professionalism and acumen of Spuds and Tom and highlights the commitment of the firm to all of our clients.”

 

To view Spud’s featured profile within the list, click here: Spuds Powell (forbes.com)
To view Tom’s featured profile within the list, click here: Thomas Connaghan (forbes.com)

 

Learn more about our Wealth Advisory Services and contact Spuds and Tom today.

 

 

Forbes’ 2022 Top Wealth Advisors and Best-In-State Wealth Advisors: Forbes includes wirehouses along with RIAs in their ranking. The Forbes rankings, developed by SHOOK Research, are based on an algorithm of qualitative criteria, gained through telephone, virtual and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their approach to working with clients. Each variable is graded and represents a certain value for each measured component. The algorithm that measures thousands of advisors against each other. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings. KAR has not paid a fee to participate in the rankings but has paid fees for a license to reprint and distribute the results of the rankings.
For additional information on the Forbes’ 2022 Best-In-State Wealth Advisors Ranking, please visit here.

KAR Senior Wealth Advisors Recognized as 2022 Visionaries by L.A. Times B2B Publishing
Los Angeles - KAR is proud to announce that Spuds Powell, Managing Director; Darnel Bentz, Senior Wealth Advisor; and Dustin Gale, Senior Wealth Advisor were recently named “2022 Visionaries: Leaders in Banking and Finance” by Los Angeles County Banking & Finance magazine, a publication of the L.A. Times B2B Publishing.
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KAR Senior Wealth Advisors Recognized as 2022 Visionaries by L.A. Times B2B Publishing
April 1, 2022
Los Angeles - KAR is proud to announce that Spuds Powell, Managing Director; Darnel Bentz, Senior Wealth Advisor; and Dustin Gale, Senior Wealth Advisor were recently named “2022 Visionaries: Leaders in Banking and Finance” by Los Angeles County Banking & Finance magazine, a publication of the L.A. Times B2B Publishing.

Commenting on the honorees, Stephen Rigali, KAR Executive Managing Director said: “The whole KAR team joins me in congratulation Spuds, Darnel, and Dustin. They personify the firm’s values of honesty, integrity, and transparency as well as our belief that the right thing is helping clients make the most of their wealth.”

The honorees profiled in this special edition of the publication were nominated by their colleagues and peers and selected by the publication’s stakeholders. Honorees represent commercial banking, investment banking, asset/investment management, lending, and private equity sectors as well as service executives across the legal, accounting and insurance sectors.

Profiles of the winners included their “backgrounds, skill sets and remarkable accomplishments and how they’ve propelled their organizations, their clients and our community at large towards success,” highlighting the personal and professional drivers in their lives.

To read the full honoree feature, including individual profiles of Spuds, Darnel and Dustin, click here.

 

Learn more about our Wealth Advisory Services and contact Spuds, Darnel, and Dustin today.

 

KAR has not paid fees to the award sponsor to obtain the award and does not anticipate that it will pay fees to re-license the award. KAR sponsored an ad in the 2022 B2B Banking & Finance publication but doing so was not a prerequisite to winning the award.

KAR Selected as Finalist for Multi-Family Office ($5bn to $15bn AUM)
KAR has been selected as a finalist in the Multi-Family Office ($5bn to $15bn AUM) category at the Family Wealth Report Awards 2022 program.
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KAR Selected as Finalist for Multi-Family Office ($5bn to $15bn AUM)
March 22, 2022
KAR has been selected as a finalist in the Multi-Family Office ($5bn to $15bn AUM) category at the Family Wealth Report Awards 2022 program.

The annual Family Wealth Report Awards program recognizes who they believe to be the most innovative and exceptional firms, teams and individuals serving the family office, family wealth and trusted advisor communities in North America.

 

Commenting on being selected as a finalist, Stephen Rigali, KAR Executive Managing Director said: “We are delighted to have been selected by the judges as a finalist for this prestigious award.  It is a great honor to be recognized in the shortlist of finalists and this is testament to the hard work that the team puts in every day to ensure our clients are getting best-in-class products and services.”

 

Stephen Harris, ClearView Financial Media’s CEO, and publisher of Family Wealth Report, was first to extend his congratulations to all finalists, “This year we had a record number of registrations and submissions for this program: more than 500 submissions in nearly 70 categories. The firms and individuals in the 9th Family Wealth Report program are worthy competitors and the ones that have reached the Finalist stage are truly outstanding. These awards are judged by an expert panel of more than 40 judges and finalists are selected on the basis of entrants’ submissions and their response to a number of specific questions, focusing on both qualitative and quantitative performance metrics. These awards recognize the very best operators in the private client industry. The judging process is rigorous and independent and all conflicts of interest are avoided, ensuring that these awards truly reflect excellence in family wealth management.”

 

Winners will be announced on 4 May 2022 at the Gala Ceremony at the Mandarin Oriental Hotel in Manhattan, New York.

 

To discuss our investment approach with the KAR investment management team, contact us today.

 

KAR has not paid fees to the award sponsor to participate in the nomination.

 

What are the Most Popular Perks of Working for Kayne Anderson Rudnick?
Besides working with awesome colleagues, KAR’s work perks help keep employees motivated and happy.
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What are the Most Popular Perks of Working for Kayne Anderson Rudnick?
March 16, 2022
Besides working with awesome colleagues, KAR’s work perks help keep employees motivated and happy.

A fully stocked kitchen, adoption support programs, and a day to celebrate diversity are among the perks KAR offers. Our COO, Jeannine Vanian, spoke with Steve Garmhausen of Barron’s Advisor to discuss what makes working at KAR so special.

 

Read what Jeannine had to share: https://bit.ly/3KUh5q4

 

Interested in joining our team? Apply today.

KAR Awarded Top Guns Designation by Informa Financial Intelligence
Kayne Anderson Rudnick has been awarded a PSN Top Guns distinction by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers.
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KAR Awarded Top Guns Designation by Informa Financial Intelligence
March 07, 2022
Kayne Anderson Rudnick has been awarded a PSN Top Guns distinction by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers.

KAR received the PSN Top Guns Manager of the Decade recognition for several of its investment strategies. The KAR Small Cap Core, KAR Small-Mid Cap Core, KAR Small Cap Quality Value, KAR Small Cap Sustainable Growth, KAR Mid Cap Core, all received the Manager of the Decade designation for the 10-year period ending December 31, 2021.

Through a combination of Informa Financial Intelligence’s proprietary performance screens, *PSN Top Guns (*free registration to view Top Guns) ranks products in six proprietary categories in over 50 universes. This is a well-respected quarterly ranking and is widely used by institutional asset managers and investors. Informa Financial Intelligence is part of Informa plc, a leading provider of critical decision-making solutions and custom services to financial institutions.

 

Learn more about Our Philosophy and Contact Us today.

 

Ranking Criteria

PSN Top Guns Manager of the Decade: In order for an investment manager to be considered a PSN Top Gun Manager of the Decade, investment strategies must have had an r-squared of 0.80 or greater relative to the style benchmark for the latest 10-year period. Moreover, an investment strategy’s had to have returns greater than the style benchmark for the latest 10-year period and also standard deviation less than the style benchmark for the latest ten-year period.

The complete list of PSN Top Guns and an overview of the methodology can be located on https://psn.fi.informais.com/

For more details on the methodology behind the PSN Top Guns Rankings or to purchase PSN Top Guns Reports, contact Margaret Tobiasen at

About Informa Financial Intelligence’s Zephyr Financial Intelligence

Zephyr Financial Intelligence is part of the Informa Intelligence Division of Informa plc, is a leading provider of products and services helping financial institutions around the world cut through the noise and take decisive action. Informa Financial Intelligence’s solutions provide unparalleled insight into market opportunity, competitive performance and customer segment behavioral patterns and performance through specialized industry research, intelligence, and insight. IFI’s Zephyr portfolio supports asset allocation, investment analysis, portfolio construction, and client communications that combine to help advisors and portfolio managers retain and grow client relationships. For more information about IFI, visit https://financialintelligence.informa.com. For more information about Zephyr’s PSN Separately Managed Accounts data, visit https://financialintelligence.informa.com/products-and-services/data-analysis-and-tools/psn-sma

 

KAR awarded Best Firm Culture at 2022 PAM Awards
Kayne Anderson Rudnick was honored with the Best Firm Culture: Large Firms award at this year’s Private Asset Management (PAM) Awards on February 17.
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KAR awarded Best Firm Culture at 2022 PAM Awards
February 17, 2022
Kayne Anderson Rudnick was honored with the Best Firm Culture: Large Firms award at this year’s Private Asset Management (PAM) Awards on February 17.

The Best Firm Culture: Large Firms category recognizes the achievements of a large ($10bn plus) wealth management firm or family office that has led the way in terms of creating an inclusive and positive working environment for its staff, while also having a well-developed succession/business continuation structure in place for the future.

 

“Thank you to the entire team for their individual contributions that truly create a firm culture that we are proud of,” said Stephen Rigali, Executive Managing Director, Kayne Anderson Rudnick. “Our founder, John Anderson had a mantra to always ‘do the right thing’ and each person at Kayne Anderson Rudnick embodies that mindset. Our firm is run by smart, driven people whose varied backgrounds inform everything we do, from nurturing client relationships to implementing investment strategies.”

 

Often regarded as the “Oscars” of the US private asset management industry, the PAM Awards has over two decades of recognition as identifying top investment professionals, wealth advisors, legal firms, consultants, and other key service providers, showcasing the incredible achievements they have accomplished.

 

To be considered for the PAM Awards, the Kayne Anderson Rudnick team provided evidence of the steps taken to achieve a positive working environment, testimonials from staff, and turnover statistics that would support their submission. Kayne Anderson Rudnick is described as striving to do the right thing and maintaining a team-oriented culture of accessibility, open and honest communication, and respect. The firm encourages an environment of intellectual honesty and believes in empowering and growing its people.

 

Learn more about Who We Are and contact Us today.

 

To view more about the PAM Awards and view the 2022 honorees list, and the full criteria, click here: https://www.privateassetmanagementawards.com/home

 

 

KAR has not paid fees to the award sponsor to obtain the award and does not anticipate that it will pay fees to re-license the award. KAR sponsored part of the virtual gala for the awards ceremony, but doing so was not a prerequisite to winning the award.

Emerging Markets Could Be a Smart Play
Portfolio Manager Hyung Kim quoted in Institutional Investor
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Emerging Markets Could Be a Smart Play
February 8, 2022
Portfolio Manager Hyung Kim quoted in Institutional Investor

Portfolio Manager Hyung Kim spoke with Institutional Investor regarding his take on why emerging markets may be in a better position to face an interest rate increase than the U.S.

 

 

Click here to read the article.

 

Contact Our Investment Management Team today and listen to our expert insight on-the-go on our KayneCast podcast.

ThinkAdvisor Industry Spotlight on Spuds Powell
This Top-Ranked Advisor Has Never Been Fired by a Widowed Client
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ThinkAdvisor Industry Spotlight on Spuds Powell
ThinkAdvisor Industry Spotlight on Spuds Powell
February 2, 2022
This Top-Ranked Advisor Has Never Been Fired by a Widowed Client

Spuds Powell was recently featured in ThinkAdvisor regarding his work with widowed clients. Read what Spuds had to share on his strategy in Jane Wollman Rusoff’s piece – ‘This Top-Ranked Advisor Has Never Been Fired by a Widowed Client’: https://bit.ly/3umta2b

 

Learn more about Who We Are and contact our Wealth Management team today.

Emerging Markets Are Poised to Have a Breakout Year
This article is part of Fortune’s quarterly investment guide for Q1 2022
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Emerging Markets Are Poised to Have a Breakout Year
January 20, 2022
This article is part of Fortune’s quarterly investment guide for Q1 2022

Hyung Kim, Portfolio Manager and Senior Research Analyst, recently spoke with Lawrence Light of Fortune Magazine regarding investing in emerging markets, his view on China, and his 2022 outlook in the space.

 

Click here to read the article (a subscription may be required to access).

 

Learn why emerging markets could be a smart play and contact Our Team today.

Stock Selloff Deepens as Treasury Yields Climb
Portfolio Manager Julie Biel quoted in Yahoo! Finance
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Stock Selloff Deepens as Treasury Yields Climb
January 18, 2022
Portfolio Manager Julie Biel quoted in Yahoo! Finance

“Higher interest rates are going to be here to stay and that has to factor into everyone’s decisions — not just those that are borrowing capital but mostly in terms of valuations.” – J. Biel

 

Julie Biel shares her tech sector outlook and what kind of role high interest rates will play in investor decision making. Read the full article: https://yhoo.it/354rlfx

 

Hear more of our expert insight on our podcast KayneCast.

Gifts of Equity Considerations
People who plan to sell their home to family at a discount typically do it out of generosity but may overlook potential tax consequences.
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Gifts of Equity Considerations
January 10, 2022
People who plan to sell their home to family at a discount typically do it out of generosity but may overlook potential tax consequences.

Wealth Advisor Erik Orbach shares with Financial Advisor Magazine how you can navigate through various equity gifting strategies: https://bit.ly/3zOJCsT

 

Learn more about Who We Are and contact Erik today.

A Time to Cut Anchors, Rethink Allocations
Senior Wealth Advisor Brian Chang shares his market outlook for 2022 in his WealthManagement.com article addressing the biases that may be anchoring investors as we start a new year. 
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A Time to Cut Anchors, Rethink Allocations
January 4, 2022
Senior Wealth Advisor Brian Chang shares his market outlook for 2022 in his WealthManagement.com article addressing the biases that may be anchoring investors as we start a new year. 

Brian discusses allocating to alternatives, inflationary concerns, and emerging markets exposure.

 

Read the full byline here: https://bit.ly/332R1sg

 

Hear more of our expert insight on our podcast KayneCast.

When Your Married Clients Can't Agree on Retirement Planning
When it comes to money matters such as retirement planning couples may differ in their priorities and risk tolerance.  Dustin Gale weighed in on how he advises couples who don’t always see eye to eye on their monetary decisions. 
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When Your Married Clients Can't Agree on Retirement Planning
December 16, 2021
When it comes to money matters such as retirement planning couples may differ in their priorities and risk tolerance.  Dustin Gale weighed in on how he advises couples who don’t always see eye to eye on their monetary decisions. 

Committing to a charitable gift amount as a couple [and then] splitting the amount between spouses, each for their own interests, is often a great approach. – D. Gale

 

Click to read the ThinkAdvisor article. https://bit.ly/3dVLwh2

Dustin Gale, Senior Wealth Advisor, quoted in Barron’s Advisor
HSAs Are Unappreciated and Underutilized.
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Dustin Gale, Senior Wealth Advisor, quoted in Barron’s Advisor
November 23, 2021
HSAs Are Unappreciated and Underutilized.

Health Savings Accounts (HSAs) offer a unique triple tax advantage allowing you to set money aside to cover qualified medical expenses with tax-free withdrawals.

 

Senior Wealth Advisor Dustin Gale, CFP®, CPWA® recently spoke to Barron’s Advisor regarding HSAs, their tax advantages and why there’s nothing else quite like them.

 

Read the full article here: https://bit.ly/3nMFHbE

 

Learn more about Who We Are and contact our Wealth Management team today.

 

The Unique Challenges of Advising Chinese Clients
“It makes sense that different cultures invest differently. But why might some Chinese investors, as Chang said, ‘prefer real estate over stocks’?”
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The Unique Challenges of Advising Chinese Clients
November 11, 2021
“It makes sense that different cultures invest differently. But why might some Chinese investors, as Chang said, ‘prefer real estate over stocks’?”

KAR Senior Wealth Advisor Brian Chang spoke with Andrew Foerch of Citywire RIA to shine light on how history and culture have led many Chinese investors to prioritize real estate over equities. Brian dove into how he advises his clients to overcome their biases.  Read the full article: https://citywire.com/americas/news/the-unique-challenges-of-advising-chinese-clients/a1581314

 

Find out Why our Clients Choose KAR and get in touch with Our Team today.

 

What is a Behavioral Finance Advisor?
Senior Wealth Advisor Brian Chang weighs in on how behavioral finance considerations provide an added layer of client service
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What is a Behavioral Finance Advisor?
October 21, 2021
Senior Wealth Advisor Brian Chang weighs in on how behavioral finance considerations provide an added layer of client service

Managing emotions and money is not always easy.  There are psychological drivers that can impact the decision-making process for investors.

 

“This is where a behavioral finance advisor can be of tremendous benefit – because they recognize that in the real world, human decisions are often influenced by emotions, biases and cognitive errors.” – B. Chang, CFA, CFP®

 

Click here to read the article. Note: Mr. Chang does not hold a Behavioral Finance Advisor (“BFA”) certification.

 

Learn more about Who We Are and contact our Wealth Management team today.

 

Kayne Anderson Rudnick Ranked in Top 10 Among Barron’s Top 100 Independent Advisors For 2021
Spuds Powell, Managing Director of Kayne Anderson Rudnick (KAR) Wealth Advisors, and the KAR Wealth Advisory team have ranked among Barron’s Top 100 Independent Advisors for 2021.
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Kayne Anderson Rudnick Ranked in Top 10 Among Barron’s Top 100 Independent Advisors For 2021
October 12, 2021
Spuds Powell, Managing Director of Kayne Anderson Rudnick (KAR) Wealth Advisors, and the KAR Wealth Advisory team have ranked among Barron’s Top 100 Independent Advisors for 2021.

LOS ANGELES – Spuds Powell, Managing Director of Kayne Anderson Rudnick (KAR) Wealth Advisors, and the KAR Wealth Advisory team have ranked among Barron’s Top 100 Independent Advisors for 2021.

 

This marks the ninth consecutive year that Powell and team have been recognized by Barron’s among the Top 10 Independent Advisors, including a four year stretch from 2017-2020 in which they were ranked first overall.

 

“Spuds Powell and the KAR Wealth Advisory team have demonstrated great ability to nourish client relationships even during the most uncertain of times,” said KAR Executive Managing Director Stephen A. Rigali. “We would like to thank our clientele for their earned trust, and we are honored to be recognized once more in this prestigious ranking.”

 

The Barron’s ranking reflects the volume of assets overseen by the advisors and their teams, revenues generated for the firms, and the quality of the advisors’ practices. The scoring system assigns a top score of 100 and rates the rest by comparing them with the top-ranked advisor.

 

Members of Kayne Anderson Rudnick’s wealth management team also appeared on Barron’s 2021 list of the Top 1,200 Advisors by State and Forbes’ 2021 lists of Top Wealth Advisors and Best-In-State Wealth Advisors.

 

At Kayne Anderson Rudnick, you can trust our wealth management advisors to build and protect your wealth with integrity and discipline. Contact us today.

 

About Kayne Anderson Rudnick

Kayne Anderson Rudnick is an investment and wealth advisory firm founded in 1984 by John Anderson (a Forbes 400 billionaire and the benefactor of UCLA’s Anderson School of Management). Based in Los Angeles, the firm has $61.2 billion in assets under management as of June 30, 2021. The company manages assets for corporations, endowments, foundations, public entities and high net worth individuals. With over 30 years of experience, the firm is known for its commitment to high quality in its business practices, investment strategies and wealth solutions.

 

Click here to view the special report.

 

Learn more about Why Our Clients Choose KAR and contact Our Wealth Management Team today.

 

Ranking Criteria

 

Barron’s “Top 100 Independent Advisors” and “2021 Top Advisor Rankings by State”: The rankings are based on data provided by individual advisors and their firms. Advisor data is confirmed via regulatory databases, cross-checks with securities firms and conversations with individual advisors. The formula Barron’s uses to rank advisors is proprietary. It has three major components: assets managed, revenue produced, and quality of practice. Investment returns are not a component of the rankings because an advisor’s returns are dictated largely by the risk tolerance of clients. The quality-of-practice component includes an evaluation of each advisor’s regulatory record. KAR has not paid a fee to participate in the rankings, but has paid fees for a license to access reprints and distribute links to the results of the rankings via email, social media, and KAR’s website for a prescribed period of time.

 

For additional information on the ranking, please visit here.

 

For additional information on the ranking, please visit here.

 

Forbes’ 2021 Top Wealth Advisors and Best-In-State Wealth Advisors: Forbes includes wirehouses along with RIAs in their ranking.  The Forbes rankings, developed by SHOOK Research, are based on an algorithm of qualitative criteria, gained through telephone, virtual and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their approach to working with clients. Each variable is graded and represents a certain value for each measured component. The algorithm that measures thousands of advisors against each other. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings. KAR has not paid a fee to participate in the rankings, but has paid fees for a license to reprint and distribute the results of the rankings.

 

For additional information on the Forbes’ 2021 Top Wealth Advisors ranking, please visit here.

 

For additional information on the Forbes’ 2021 Best-In-State Wealth Advisors Ranking, please visit here.

Secrets of Great Listeners
Bridget Costello, CFP® Wealth Advisor, recently spoke with Investor’s Business Daily regarding how she is able to connect with clients through their conversations.
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Secrets of Great Listeners
October 8, 2021
Bridget Costello, CFP® Wealth Advisor, recently spoke with Investor’s Business Daily regarding how she is able to connect with clients through their conversations.

‘In client meetings, Costello harnesses her mental energy to focus on the here and now. Stepping into the client’s shoes, she tells herself, “This is one of the most important conversations they will have all year, like talking with their doctor.”‘ Click here to read the full article.

 

For a similar experience, get in touch with Bridget Costello / Our Wealth Management Team today.

Julie Biel Quoted in Reuters
Column: Markets flash amber as they enter '2nd stage of interest rate grief'
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Julie Biel Quoted in Reuters
October 1, 2021
Column: Markets flash amber as they enter '2nd stage of interest rate grief'

Julie Biel spoke with Reuters to discuss the latest in US markets and cautions investors that “markets may now be prone to a crash diet instead of a more considered weight-reduction plan”.

Read the full article here: https://reut.rs/3mlXYdW

 

Check out our additional Insights.

Stopping New Retirees From Making Bad Decisions
SF based advisor Grace Apuy shares her thoughts for new retirees in her recent Rethinking65 article
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Stopping New Retirees From Making Bad Decisions
September 21, 2021
SF based advisor Grace Apuy shares her thoughts for new retirees in her recent Rethinking65 article

‘In my 15 years as a financial planner, I’ve seen how jarring the transition to retirement can be for clients as they navigate major lifestyle changes, tackle difficult family dynamics, and adjust to a dramatically different relationship with money.

 

Sometimes that transition results in decision-making or behaviors that adversely impact financial growth and well-being. As a wealth advisor, my goal is to identify and eliminate these problem areas and ensure financial plans reflect the clients’ true wishes — while maximizing the potential for wealth preservation and accumulation.’
– G. Apuy

 

In addressing the potential challenges one faces at retirement, it is first helpful to understand the emotions at play and the triggers behind them.  Click to read the full piece: https://bit.ly/2ZMEdV9

 

Learn Why Lower-Risk Investing is Important in Retirement and get in touch with our Wealth Management Team today.

 

Spuds Powell Ranked on Forbes 2021 “America’s Top Wealth Advisors” List
Spuds Powell, Managing Director for Kayne Anderson Rudnick Wealth Advisors, has ranked on Forbes “America’s Top Wealth Advisors” list for 2021. Powell and his team have been ranked among the top 100 on Forbes “America’s Top Wealth Advisors” list for the third consecutive year.
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Spuds Powell Ranked on Forbes 2021 “America’s Top Wealth Advisors” List
September 8, 2021
Spuds Powell, Managing Director for Kayne Anderson Rudnick Wealth Advisors, has ranked on Forbes “America’s Top Wealth Advisors” list for 2021. Powell and his team have been ranked among the top 100 on Forbes “America’s Top Wealth Advisors” list for the third consecutive year.

For additional information on the ranking, visit: https://www.forbes.com/top-wealth-advisors/#5bf3382c1a14.

 

“On behalf of the KAR Executive Committee, we congratulate Spuds Powell and his team on being recognized by Forbes as a top wealth advisor in America for the third straight year,” said Stephen A. Rigali, Kayne Anderson Rudnick Executive Managing Director and Member of the Executive Management Committee. “Spuds’ commitment to maintain the highest level of integrity and honesty to his work with clients is exactly the guiding principle in which our firm was founded on.”

 

According to R.J. Shook, President of Shook Research, Forbes ranking of the top wealth advisors in America from wirehouses, independent broker-dealers and RIAs, is based on an algorithm of qualitative criteria, mostly gained through due diligence interviews, and quantitative data. SHOOK Research uses an algorithm which weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices and approach to working with clients.

 

Members of Kayne Anderson Rudnick’s wealth management team also appeared on Forbes’ 2021 list of the “Best in State Wealth Advisors” and ranked first overall in Barron’s 2020 list of “Top 100 Independent Financial Advisors” list for the fourth consecutive year.

 

About Kayne Anderson Rudnick

Kayne Anderson Rudnick is an investment and wealth advisory firm founded in 1984 by John Anderson (a Forbes 400 billionaire and the benefactor of UCLA’s Anderson School of Management). Based in Los Angeles, the firm has $61.2 billion in assets under management as of June 30, 2021. The company manages assets for corporations, endowments, foundations, public entities and high net worth individuals. With over 30 years of experience, the firm is known for its commitment to high quality in its business practices, investment strategies and wealth solutions.

 

Learn more about our Wealth Advisory Services and contact Spuds today.

 

Forbes’ 2021 Top Wealth Advisors and Best-In-State Wealth Advisors: Forbes includes wirehouses along with RIAs in their ranking.  The Forbes rankings, developed by SHOOK Research, are based on an algorithm of qualitative criteria, gained through telephone, virtual and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their approach to working with clients. Each variable is graded and represents a certain value for each measured component. The algorithm that measures thousands of advisors against each other. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings. KAR has not paid a fee to participate in the rankings, but has paid fees for a license to reprint and distribute the results of the rankings.

 

For additional information on the Forbes’ 2021 Top Wealth Advisors ranking, please visit here.

 

 

How Do You Persuade Tax-Averse Clients to Rebalance?
‘The clients look at me like I have four heads, and I point out that the alternative would have been to have generated no returns on their investments.’ – S. Powell
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How Do You Persuade Tax-Averse Clients to Rebalance?
August 19, 2021
‘The clients look at me like I have four heads, and I point out that the alternative would have been to have generated no returns on their investments.’ – S. Powell

Barron’s Steve Garmhausen checked in with wealth management executives and top advisors, including KAR’s Spuds Powell, to ask the big question about how advisors approaching the conversation with tax-averse clients to rebalance.

Click here to read the article.

Surviving Spouses Pose Tricky Relationships for Advisors
“Losing a spouse unexpectedly is every significant other’s worst nightmare. One minute you’re happily married, the next you’re emotionally and financially independent.” S. Powell
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Surviving Spouses Pose Tricky Relationships for Advisors
August 16, 2021
“Losing a spouse unexpectedly is every significant other’s worst nightmare. One minute you’re happily married, the next you’re emotionally and financially independent.” S. Powell

Spuds connected with Jeff Stimpson of Financial Advisor Magazine to discuss the hardships that come with being financially independent following the loss of a spouse and how he tries to step in as his client’s confidant and advocates for their interests.  Click here to read Spuds’ full quote: https://bit.ly/3CTl0QD

 

Learn more about our Wealth Advisory Services and contact Spuds today.

Spuds Powell quoted in Forbes
Wealth Managers And Their Clients Wait Nervously For The Tax Hikes That Will Finances Democrats’ $3.5 Trillion Spending Plan
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Spuds Powell quoted in Forbes
August 13, 2021
Wealth Managers And Their Clients Wait Nervously For The Tax Hikes That Will Finances Democrats’ $3.5 Trillion Spending Plan

A potential increase in taxes has been at the forefront of client conversations, though Spuds Powell is preaching patience. Spuds believes there will be a tax increase of some kind, but not at a level where he is advising clients to make dramatic changes in order to mitigate the increase—risking the loss of a potential gain and getting hit with a retroactive tax hike in the end regardless.

“It’s common for people to make the mistake of being so focused on either minimizing or avoiding taxes, that they end up making decisions that compromise their investment portfolio.”

Spuds believes the worst mistake an investor can make is letting their emotions – especially fear – impact their investments.

Click here to read the article (a subscription may be required to access).

 

Learn more about our Wealth Advisory Services and contact Spuds today.

The Wall Street Transcript Interviews Hyung Kim on KAR’s International and Emerging Markets Small Cap Strategies
Profiting from Inefficiencies in International and Emerging Markets Small Caps
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The Wall Street Transcript Interviews Hyung Kim on KAR’s International and Emerging Markets Small Cap Strategies
August 09, 2021
Profiting from Inefficiencies in International and Emerging Markets Small Caps

The international and emerging markets small cap asset classes are both large and inefficient, and our team tries to make the most of those inefficiencies and find great businesses at attractive valuations.

 

Hyung Kim talks with The Wall Street Transcript about opportunities within these inefficiencies and how he believes KAR’s strategy can provide investors with emerging markets exposure to interesting high-quality small businesses.

Learn more about KAR’s International Small Cap Portfolio.

 

Learn more about KAR’s Emerging Markets Small Cap Portfolio.

LA Business Journal Ranks KAR Among the Largest Money Management Firms
KAR jumped 13 spots to the No.15 largest money management firm in Los Angeles as ranked by the Los Angeles Business Journal.


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LA Business Journal Ranks KAR Among the Largest Money Management Firms
Money Management Firms Ranked by Assets Managed in Los Angeles County as of December 31, 2020
July 22, 2021
KAR jumped 13 spots to the No.15 largest money management firm in Los Angeles as ranked by the Los Angeles Business Journal.

Ranked by assets under management in Los Angeles County as of December 31, 2020.

The full list of firms can be found here: https://www.cbjonline.com/a2labj/lists/2021-MoneyMngrs.pdf

 

Learn more about our Wealth Advisory Services and Contact Us today.

 

 

LABJ Largest Money Management Firms: For the LABJ Largest Money Management Firms ranking, firms are ranked by assets under management in Los Angeles County as of December 31, 2020. Financial information is obtained from the U.S. Securities and Exchange Commission filings. KAR has not paid fees to the publisher to obtain the ranking and does not anticipate that it will pay fees to re-license the ranking. For more information regarding the ranking, please visit the link provided here: https://www.cbjonline.com/a2labj/lists/2021-MoneyMngrs.pdf

Spuds Powell's Citywire Profile
In his recent Citywire profile, Spuds Powell, Managing Director, details how he steps in immediately as his client’s confidant, advocating for their best interests and driving discussions with their remaining team of financial professionals such as insurance agents, attorneys, accountants, etc.
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Spuds Powell's Citywire Profile
'Trust and confidence': how one advisor forges personal bonds with widowed clients
July 21, 2021
In his recent Citywire profile, Spuds Powell, Managing Director, details how he steps in immediately as his client’s confidant, advocating for their best interests and driving discussions with their remaining team of financial professionals such as insurance agents, attorneys, accountants, etc.

Independently managing financial obligations during a period of loss can seem frightening and almost impossible, especially if you had no prior involvement in family finances.

For Spuds, everything starts with developing deep, personal relationships with clients from the beginning so they know they can rely on him to navigate any life circumstance.

“The key is to express genuine and authentic interest in them and their spouse and their families, how they’re feeling, what their worries are, what keeps them up at night. Ask really good questions. Be a great listener. Be present.”

 

Read the full Citywire feature: https://citywireusa.com/registered-investment-advisor/news/trust-and-confidence-how-one-advisor-forges-personal-bonds-with-widowed-clients/a1532957

 

Learn more about What to Look for in a Financial Advisor and contact our Wealth Management Team today.

The Wall Street Transcript Interviews Chris Wright on KAR’s Long-Short Strategy
Chris Wright, Portfolio Manager and Senior Research Analyst, discusses KAR’s Long-Short strategy, which focuses on high-quality businesses held long term, how the outdoor advertising and sales tax software industries have fared during the pandemic, and his insights on the reopening of the economy.
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The Wall Street Transcript Interviews Chris Wright on KAR’s Long-Short Strategy
May 10, 2021
Chris Wright, Portfolio Manager and Senior Research Analyst, discusses KAR’s Long-Short strategy, which focuses on high-quality businesses held long term, how the outdoor advertising and sales tax software industries have fared during the pandemic, and his insights on the reopening of the economy.

Learn more about KAR’s Long-Short Strategy.

Equity Markets Today: Insights from Quantitative and Fundamental Perspectives
Students, alumni and the professional finance community gathered virtually for the Fink Investing Conference held by UCLA Anderson School of Business to discuss markets and emerging trends.
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Equity Markets Today: Insights from Quantitative and Fundamental Perspectives
May 7, 2021
Students, alumni and the professional finance community gathered virtually for the Fink Investing Conference held by UCLA Anderson School of Business to discuss markets and emerging trends.

Portfolio Manager and Senior Research Analyst Chris Wright joined one of his former UCLA Anderson professors, Eric Sussman, for a panel discussion focused on the equity markets and challenges investors are facing.  Chris addressed questions regarding opportunities in the current market, his views on liquidity, real estate observations and where he stands on the debate between value vs growth.

Watch Here: https://www.anderson.ucla.edu/about/centers/fink-center-for-finance/news-and-events/fink-investing-conference

Learn about our High Conviction Investing Approach and get in touch with Our Investment Management Team today.

 

Disclosures: This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this material is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of publication of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein.

KAR Received The PSN Top Guns Manager of The Decade Recognition
KAR received the PSN Top Guns Manager of the Decade recognition from Informa Investment Solutions for several of its investment strategies. The KAR Small Cap Core, Small-Mid Cap Core, Small Cap Quality Value, Small-Mid Cap Quality Value, Small Cap Sustainable Growth and Mid Cap Core portfolios all received the Manager of the Decade designation for the 10-year period ending December 31, 2020.
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KAR Received The PSN Top Guns Manager of The Decade Recognition
April 27, 2021
KAR received the PSN Top Guns Manager of the Decade recognition from Informa Investment Solutions for several of its investment strategies. The KAR Small Cap Core, Small-Mid Cap Core, Small Cap Quality Value, Small-Mid Cap Quality Value, Small Cap Sustainable Growth and Mid Cap Core portfolios all received the Manager of the Decade designation for the 10-year period ending December 31, 2020.

In order to receive the Manager of the Decade designation, investment strategies must have returns greater than the style benchmark for the ten-year period ending December 31, 2020 and also standard deviation less than the style benchmark for the ten-year period ending December 31, 2020. The top ten performers for the latest ten-year period ending December 31, 2020 become the PSN Top Guns Manager of the Decade.

Informa Investment Solutions is a well-respected financial search and intelligence firm used by institutional asset managers.

 

To discuss our investment approach with the KAR investment management team, contact us today.

Learn about Our Philosophy.

 

KAR CIO Doug Foreman Quoted in Reuters
KAR CIO Doug Foreman was quoted in Reuters in an article titled “Analysis: As small-cap stocks lag, Wall Street worries about broad slowdown”.
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KAR CIO Doug Foreman Quoted in Reuters
April 26, 2021
KAR CIO Doug Foreman was quoted in Reuters in an article titled “Analysis: As small-cap stocks lag, Wall Street worries about broad slowdown”.

The article discusses the slowdown in small cap stocks which started in April, following six months of strong gains.

https://www.reuters.com/business/small-cap-stocks-lag-wall-street-worries-about-broad-slowdown-2021-04-26/

To discuss our investment approach with the KAR investment management team, contact us today.

 

Disclosures: This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this material is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the recording of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein.

San Francisco Business Times Ranks KAR Among the Largest Wealth Management Firms in the Bay Area
The San Francisco Business Times ranks KAR #11 on its annual listing of the largest wealth management firms in the Bay Area.
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San Francisco Business Times Ranks KAR Among the Largest Wealth Management Firms in the Bay Area
Largest Bay Area Wealth Management Firms
February 23, 2021
The San Francisco Business Times ranks KAR #11 on its annual listing of the largest wealth management firms in the Bay Area.

The listing is ranked by local assets under management for individual client accounts.

 

A link to the full article can be found here: https://www.bizjournals.com/sanfrancisco/subscriber-only/2020/06/05/largest-bay-area-wealth-management.html?b=1591257542%5E21684558

 

Learn from our Financial Literacy Resources List and get in touch with our Wealth Management Team today.

 

Get in touch with our San Francisco Office today.

 

SF Business Times Largest Bay Area Wealth Management Firms: For the SF Business Times Largest Bay Area Wealth Management Firms ranking, firms are ranked by assets under management in the Bay Area as of December 31, 2020. Financial information is obtained from the U.S. Securities and Exchange Commission filings. KAR has not paid fees to the publisher to obtain the ranking and does not anticipate that it will pay fees to re-license the ranking. For more information regarding the methodology, please visit the link provided here: https://www.bizjournals.com/sanfrancisco/subscriber-only/2020/06/05/largest-bay-area-wealth-management.html?b=1591257542%5E21684558

Thomas Connaghan Ranked on Forbes “Best-in-State Wealth Advisors” List for California
Connaghan recognized under San Francisco’s ‘High Net Worth’ designation
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Thomas Connaghan Ranked on Forbes “Best-in-State Wealth Advisors” List for California
February 11, 2021
Connaghan recognized under San Francisco’s ‘High Net Worth’ designation

LOS ANGELES — February 11, 2021— Thomas Connaghan, Senior Wealth Advisor for Kayne Anderson Rudnick Wealth Advisors, has ranked on Forbes “Best-in-State Wealth Advisors” list for 2021. Connaghan has ranked among California’s top wealth advisors on Forbes “Best-in-State Wealth Advisors” list for the second consecutive year.

 

For additional information on the ranking, visit: https://www.forbes.com/best-in-state-wealth-advisors/#6434c433291d.

 

“Tom’s customized, dynamic financial planning, and singular focus on building long-term relationships is evident and reflected in this honorable ranking,” said Stephen A. Rigali, Kayne Anderson Rudnick Executive Managing Director and Member of the Executive Management Committee. “The KAR Executive Committee congratulates Tom Connaghan and his team on being recognized by Forbes as a top wealth advisor in San Francisco, California for the second straight year.”

According to R.J. Shook, President of Shook Research, Forbes ranking of the top wealth advisors in America from wirehouses, independent broker-dealers and RIAs, is based on an algorithm of qualitative criteria, mostly gained through due diligence interviews, and quantitative data. SHOOK Research uses an algorithm which weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices and approach to working with clients.

 

Members of Kayne Anderson Rudnick’s wealth management team also appeared on Forbes’ 2021 list of the “America’s Top Wealth Advisors” and ranked first overall in Barron’s 2020 list of “Top 100 Independent Financial Advisors” list for the fourth consecutive year.

 

About Kayne Anderson Rudnick

Kayne Anderson Rudnick is an investment and wealth advisory firm founded in 1984 by John Anderson (a Forbes 400 billionaire and the benefactor of UCLA’s Anderson School of Management). Based in Los Angeles, the firm has $61.2 billion in assets under management as of June 30, 2021. The company manages assets for corporations, endowments, foundations, public entities and high net worth individuals. With over 30 years of experience, the firm is known for its commitment to high quality in its business practices, investment strategies and wealth solutions.

Get in touch with our San Francisco Office today.

 

Forbes’ 2021 Top Wealth Advisors and Best-In-State Wealth Advisors: Forbes includes wirehouses along with RIAs in their ranking.  The Forbes rankings, developed by SHOOK Research, are based on an algorithm of qualitative criteria, gained through telephone, virtual and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their approach to working with clients. Each variable is graded and represents a certain value for each measured component. The algorithm that measures thousands of advisors against each other. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings. KAR has not paid a fee to participate in the rankings, but has paid fees for a license to reprint and distribute the results of the rankings.

 

For additional information on the Forbes’ 2021 Best-In-State Wealth Advisors Ranking, please visit here.

KAR's Chris Armbruster Quoted in CIO Magazine
Chris Armbruster was quoted in a recent article in CIO Magazine in an article titled “Index-Besotted Institutions Miss Out on Good Deal: Stock Pickers.” The article discusses passive vs. active and the benefits of active management.
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KAR's Chris Armbruster Quoted in CIO Magazine
January 7, 2021
Chris Armbruster was quoted in a recent article in CIO Magazine in an article titled “Index-Besotted Institutions Miss Out on Good Deal: Stock Pickers.” The article discusses passive vs. active and the benefits of active management.

Active management allows managers to zero in on up-and-comers with business advantages that aren’t yet widely known. One example is Bill.com Holdings, said Christopher Armbruster, senior research analyst at Kayne Anderson Rudnick, which manages money for institutions.

Stock in the company, whose cloud-based software automates back-office financial operations, has almost quadrupled since its late 2019 initial public offering (IPO). While it has not yet turned a profit, revenue is burgeoning. The outfit can cut a small business’s spending on receivables in half, he said.

A link to the full article can be found here:  https://www.ai-cio.com/in-focus/market-drilldown/index-besotted-institutions-miss-good-deal-stock-pickers/

 

Check out our additional Insights.

 

KAR's CIO Doug Foreman Featured on Nasdaq TradeTalks
Kayne Anderson Rudnick Chief Investment Officer Doug Foreman joins Jill Malandrino on Nasdaq TradeTalks to discuss 2021 Outlook for value and growth, as well as the economy.
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KAR's CIO Doug Foreman Featured on Nasdaq TradeTalks
December 19, 2020
Kayne Anderson Rudnick Chief Investment Officer Doug Foreman joins Jill Malandrino on Nasdaq TradeTalks to discuss 2021 Outlook for value and growth, as well as the economy.
KAR's Chris Armbruster Quoted in CIO Magazine
KAR Portfolio Manager Chris Armbruster is quoted in CIO Magazine in an article titled “How the Stock Market’s Tech Leaders Will Be Ousted.”
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KAR's Chris Armbruster Quoted in CIO Magazine
December 11, 2020
KAR Portfolio Manager Chris Armbruster is quoted in CIO Magazine in an article titled “How the Stock Market’s Tech Leaders Will Be Ousted.”

The article discusses what may cause investors to rotate out of tech and other sectors in a post COVID environment.

https://www.ai-cio.com/in-focus/market-drilldown/stock-markets-tech-leaders-will-ousted/

 

Learn more about How Our Approach to Investing is Different.

KAR's Richard Sherry Quoted in The Wall Street Journal
KAR Global Dividend Yield Portfolio Manager Richard Sherry was quoted and shared his views on divided stocks.
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KAR's Richard Sherry Quoted in The Wall Street Journal
December 11, 2020
KAR Global Dividend Yield Portfolio Manager Richard Sherry was quoted and shared his views on divided stocks.

In the Wall Street Journal in an article titled “Dividend Darlings Trail Stock Market Despite Pumped-Up Yields.”

https://www.wsj.com/articles/dividend-darlings-trail-stock-market-despite-pumped-up-yields-11603618202

 

Learn more about KAR’s Investment Strategies and Contact Us today.

KAR's Tom Connaghan Featured on WealthBriefing.com
KAR Senior Wealth Advisor Tom Connaghan authored an article in WealthBriefing.com
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KAR's Tom Connaghan Featured on WealthBriefing.com
October 7, 2020
KAR Senior Wealth Advisor Tom Connaghan authored an article in WealthBriefing.com

A sister publication of Family Wealth Report, titled “What Advisors Should Avoid When Working From Home.” Read Connaghan’s dos and don’ts for effective client communications and successful portfolio management.

 

https://www.wealthbriefing.com/html/article.php?id=188751#.X33bPmhKiUl

 

Learn more about our Wealth Advisory Services and contact us today.

KAR's Chris Armbruster Quoted in MarketWatch Article
KAR Portfolio Manager Chris Armbruster was quoted in MarketWatch in an article titled “Stocks book fresh round of records, Dow ends 1.5% shy of all-time high, on hopes of COVID treatments, cures.”
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KAR's Chris Armbruster Quoted in MarketWatch Article
September 9, 2020
KAR Portfolio Manager Chris Armbruster was quoted in MarketWatch in an article titled “Stocks book fresh round of records, Dow ends 1.5% shy of all-time high, on hopes of COVID treatments, cures.”

Read why Armbruster sees many companies as likely to “grow and recover faster, and realize better margins.”

https://www.marketwatch.com/story/dow-futures-rise-about-200-points-ahead-of-adp-private-sector-jobs-report-beige-book-2020-09-02

 

Learn more about KAR’s Investment Strategies and Contact Us today.

KAR Senior Wealth Advisor Dustin Gale Featured in WealthManagement.com
KAR Senior Wealth Advisor Dustin Gale has a featured byline article in WealthManagement.com’s 2020 Midyear Outlook
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KAR Senior Wealth Advisor Dustin Gale Featured in WealthManagement.com
August 31, 2020
KAR Senior Wealth Advisor Dustin Gale has a featured byline article in WealthManagement.com’s 2020 Midyear Outlook

“Time to Check Your Risk Tolerance?” discusses the importance of making sure an investor’s risk tolerance reflects their actual behavior and then allocating the right mix of assets to minimize fear and anxiety during periods of market volatility.

 

https://bluetoad.com/publication/?i=671224&article_id=3748608&view=articleBrowser&ver=html5

 

Learn more about our Wealth Advisory Services and contact Dustin today.

What's Reflected In The Stock Market Is Very Different Than The Everyday Economy
Doug Foreman, CIO of Kayne Anderson Rudnick, joins #TradeTalks to discuss the gap between current market news and the everyday economy.
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What's Reflected In The Stock Market Is Very Different Than The Everyday Economy
August 21, 2020
Doug Foreman, CIO of Kayne Anderson Rudnick, joins #TradeTalks to discuss the gap between current market news and the everyday economy.

KAR CIO Doug Forman Comments on Nasdaq Tradetalks

To anyone following the stock market today, it’s clear that there is a significant gap between the market’s enthusiastic highs and the current state of the economy, which is — to be blunt — in a recession. So is the stock market delusional, or is there a real reason for this level of optimism?

Kayne Anderson Rudnick Chief Investment Officer Doug Foreman recently joined Jill Malandrino on Nasdaq #TradeTalks to discuss the gap between current market news and the everyday economy. 

Foreman pointed out that the Fed and others’ quick implementation of significant fiscal, monetary policies have been very supportive of the markets. For example, Fed policy designed to support the bond market has had a secondary positive impact on the equity markets. 

He also noted that the stock market has not moved as a single unit. 

“It is a market of stocks, not a stock market,” he commented. At-risk industries like travel, restaurants, and brick-and-mortar retail have been hit hard, while digital businesses that got a boost from the pandemic’s acceleration of business technology implementation have been pulling the overall market up. 

One crucial question is how much longer the supportive fiscal policies can prop the market up and when we might have to pay the piper. The day will come, according to Foreman, but not while the recession lasts. 

And what does all of this mean for investors? It’s likely that great buying opportunities will be scarce. “Over a trillion dollars of cash is sitting on the sidelines right now,” Foreman remarked. “As everyone tries to put this money to work again, prices will rise, and buyers will have to buy higher.”

“We encouraged our investors to ride it out and stick to their investment plan. Don’t try to time the markets; it’s difficult if not impossible, as the recent market has definitely proven.”

Watch the full video here.

 

Learn why investors should avoid the “noise” of everyday media and discover what Quality Investing means to KAR employees.

 

KAR CIO Doug Foreman Featured in Barron’s
Barron's: Wynn Resort, Teledoc, and More Stock Picks From a Market-Crushing Mid-Cap fund.
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KAR CIO Doug Foreman Featured in Barron’s
August 18, 2020
Barron's: Wynn Resort, Teledoc, and More Stock Picks From a Market-Crushing Mid-Cap fund.

Investors love baseball references. Let the ball come to you; wait for the fat pitch; don’t swing for the fences. Doug Foreman, 63, is guilty of using the occasional baseball cliché, but he also has firsthand experience succeeding in both.

A top-ranked high school player, Foreman was invited to try out for the Los Angeles Dodgers when he was 18. He declined, having already committed to the U.S. Naval Academy.

“I think I made the right decision,” says Foreman, whose batting average as an investor has sent the $2.2 billion Virtus KAR Mid-Cap Growth fund (ticker: PHSKX) to the top of its Morningstar category for every major trailing-return period since he took it over in 2012.

Barron’s profile on the Virtus KAR Mid-Cap Growth Fund

 

Learn more about KAR’s Investment Strategies and Contact Us today.

KAR's Chris Armbruster on if We're in a Stock Market Bubble
Chris Armbruster, a Kayne Anderson Rudnick portfolio manager, joins TD Ameritrade to talk about whether we’re witnessing a stock market bubble.
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KAR's Chris Armbruster on if We're in a Stock Market Bubble
August 17, 2020
Chris Armbruster, a Kayne Anderson Rudnick portfolio manager, joins TD Ameritrade to talk about whether we’re witnessing a stock market bubble.

Chris Armbruster answers on TD Ameritrade Network.

With stocks aggressively defying pandemic-era economic reality, possibly the most hotly debated issue in investment circles today is the current existence — or not — of a stock market bubble. If it looks like a bubble, and it buys and sells like a bubble, is it really a bubble? Because we know bubbles ultimately burst.

Chris Armbruster, a portfolio manager at Kayne Anderson Rudnick, is not a proponent of the theory that the stock market is in a major bubble right now. “We think there are a lot of fundamentals that indicate this is not the case,” he stated recently in an interview for TD Ameritrade Network.

Yes, the economy is in recession, and some signs have appeared that indicated bubble-like conditions in the past, such as the behavior of retail investors, the IPO market, and “blank-check companies.” However, Armbruster believes the market has actually done an impressive job, “climbing a wall of worry.”

Armbruster advocates an investment strategy that focuses on the qualitative characteristics that lead to superior long-term quantitative financial characteristics. “In other words, when we look at fundamentals, we’re analyzing how these companies will be performing in a couple of years.” Armbruster doesn’t believe the stock market’s price actions are totally disassociated with what the fundamentals will be as companies emerge on the other side of the pandemic crisis.

His optimism is fueled by what he sees as extraordinary efforts by the medical community and global fiscal policymakers. “We’re confident that the medical community will eventually develop a vaccine…In the meanwhile, there is an unprecedented level of stimulus around the world that we think will bridge the economic gap until we get back to a more normally functioning economy.”

Watch the full video to learn more and hear if Armbruster thinks the high prices for digital transformation companies are building a mini-bubble.

KAR's Jon Christensen Quoted in a Reuters Article
KAR Portfolio Manager Jon Christensen was quoted in a Reuters article titled “Fund managers navigate ‘Night of the Living Dead’ in small caps.”
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KAR's Jon Christensen Quoted in a Reuters Article
August 10, 2020
KAR Portfolio Manager Jon Christensen was quoted in a Reuters article titled “Fund managers navigate ‘Night of the Living Dead’ in small caps.”

The article discusses the decline of small caps amid a resurgent coronavirus pandemic.

A link to the full article can be found here:  https://www.reuters.com/article/us-usa-stocks-weekahead/fund-managers-navigate-night-of-the-living-dead-in-small-caps-idUSKCN24I1WG

 

 

Meet our Equity Team and learn more about Our Philosophy here at KAR.

Financial Times Top 300 RIAs List For 2020
As in previous years, KAR again was named to the Financial Times Top 300 RIAs list for 2020.
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Financial Times Top 300 RIAs List For 2020
August 10, 2020
As in previous years, KAR again was named to the Financial Times Top 300 RIAs list for 2020.

The list includes firms from 39 states and Washington, D.C. More than 760 RIAs competed for the top 300 list and were graded on AUM, asset growth, the company’s age, industry certifications of key employees, SEC compliance record and online accessibility.

A link to the full list can be found here: https://www.ft.com/content/6a45556e-6c21-4770-bc94-468fee0de563?FTCamp=engage/CAPI/webapp/Channel_Moreover//B2B

 

Speak with Our Team to learn more about our wealth advisory services.

 

FT 300: Top Registered Advisers: The Financial Times (“the FT”) and Ignites Research compose their list based on the examination of a database of RIAs registered with the U.S. Securities and Exchange Commission with at least $300 million in AUM. Qualifying RIAs are then invited to complete a detailed questionnaire, which is then used to select the final 300 for the list. The formula the FT uses to grade advisers is based on six broad factors, which is then used to calculate a numeric score for each adviser. Areas of consideration include AUM, asset growth, the company’s age, industry certifications of key employees, SEC compliance record and online accessibility. KAR has not paid fees to the FT to obtain the ranking and does not anticipate that it will pay fees to re-license the ranking. For more information regarding the methodology, please visit the link provided here: https://www.ft.com/content/6a45556e-6c21-4770-bc94-468fee0de563?FTCamp=engage/CAPI/webapp/Channel_Moreover//B2B

 

KAR Wealth Manager Spuds Powell Was Quoted in Barron's
Putting Values at the Center of Wealth Planning
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KAR Wealth Manager Spuds Powell Was Quoted in Barron's
May 29, 2020
Putting Values at the Center of Wealth Planning

KAR Wealth Manager Spuds Powell was quoted in a Barron’s article titled “Putting Values at the Center of Wealth Planning.” Powell shared his thoughts on structuring charitable giving for the younger generation.

https://www.barrons.com/articles/how-to-instill-values-when-teaching-kids-about-money-51590192190

 

Learn more about our Wealth Advisory Services and contact Spuds today.

 

KAR Senior Wealth Advisor Darnel Bentz Was Quoted in PlanAdviser
The Pull of Managed Accounts: Protection in Downturns
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KAR Senior Wealth Advisor Darnel Bentz Was Quoted in PlanAdviser
May 7, 2020
The Pull of Managed Accounts: Protection in Downturns

KAR Senior Wealth Advisor Darnel Bentz was quoted in PlanAdviser in an article titled “The Pull of Managed Accounts: Protection in Downturns.” Bentz supports the idea that actively managed accounts, especially during periods of volatility, have the flexibility to take more active positions and overweight or underweight sectors versus target-date funds that may mirror a broad-based index with hundreds of stocks. They also allow for tax-loss harvesting.

https://www.planadviser.com/exclusives/pull-managed-accounts-protection-downturns/

 

Learn more about our Wealth Advisory Services and contact Darnel today.

Pensions & Investments Recently Ranked The Top Performing Managers
Pensions & Investments recently ranked the top-performing managers of separate accounts as of December 31, 2019, and the KAR Small-Mid Cap Sustainable Growth strategy was ranked #10 in the Overall U.S. Equity category for the trailing one year and the KAR Small Cap Sustainable Growth strategy was ranked #2 in the Overall U.S. Equity category for the trailing 5 years.
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Pensions & Investments Recently Ranked The Top Performing Managers
March 17, 2020
Pensions & Investments recently ranked the top-performing managers of separate accounts as of December 31, 2019, and the KAR Small-Mid Cap Sustainable Growth strategy was ranked #10 in the Overall U.S. Equity category for the trailing one year and the KAR Small Cap Sustainable Growth strategy was ranked #2 in the Overall U.S. Equity category for the trailing 5 years.

https://www.pionline.com/special-report-top-performing-managers/technology-growth-funds-move-front

 

Meet our equity team and hear their expert insight on-the-go, on our KayneCast podcast.

 

Pension & Investments Top Performing Managers: The Pension & Investments Top Performing Managers report is based on data provided from Morningstar’s global separate account/collective investment trust database. The data for the rankings on which the report is based were pulled Feb. 5, 2020. KAR did not pay any fees to participate in the Pension & Investments Top Performing Managers. For additional information regarding the Pension & Investments Top Performing Managers and methodology, please visit https://www.pionline.com/special-report-top-performing-managers.

The Atlantic Quotes KAR Senior Wealth Advisor Dustin Gale
How much inheritance is too much?
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The Atlantic Quotes KAR Senior Wealth Advisor Dustin Gale
January 9, 2020
How much inheritance is too much?

Dustin Gale – The Atlantic

How much inheritance is too much? KAR senior wealth advisor Dustin Gale is quoted in The Atlantic among other advisors addressing this must-read topic.

https://www.theatlantic.com/family/archive/2019/10/big-inheritances-how-much-to-leave/600703/?utm_source=feed

Meet Our Team to learn more about our wealth advisory services.

WealthManagement.com Publishes KAR Senior Wealth Advisor Kevin O'Regan
KAR’s Senior Wealth Advisor Kevin O’Regan shares his 2020 market forecast with wealthmanagement.com. Learn how he recommends to prepare for 2020 and beyond.
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WealthManagement.com Publishes KAR Senior Wealth Advisor Kevin O'Regan
January 9, 2020
KAR’s Senior Wealth Advisor Kevin O’Regan shares his 2020 market forecast with wealthmanagement.com. Learn how he recommends to prepare for 2020 and beyond.