AK

Adam Benjamin Kay

13 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
2723 advisors
Number of Clients
86,726 clients
Average Client Portfolio
$217K average
Assets Under Management
$18.9B

Fee Structure

Financial Plan Fee:$0 - $10,000
Hourly Rate:Up to $500/hr

Financial planning fees range from $0 to $10,000 or up to $500 per hour, depending on the complexity and scope of the engagement. The IAR determines the fee based on factors like assets involved and complexity of services. For TAMP programs, LPLE and the TAMP sponsor each charge an advisory fee, with LPLE's fee typically up to 2%. Clients in the MWP program are charged an annualized account fee which is comprised of an advisory fee and a manager fee. The maximum advisory fee is 2.35% and is negotiable. The manager fee ranges from 0% to 0.60%.

Areas of Practice
Retirement PlanningEducation PlanningEstate PlanningFinancial Planning & CoachingTax PlanningDivorce Planning
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Advisor Information

Office location

110 Allen Road, 2nd Floor, Basking Ridge, NJ, 07920

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Regulatory History (4)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Judgment / Lien
March 2024
Judgment / Lien
July 2023
Judgment / Lien
May 2023
Judgment / Lien
July 2019
Other Business ActivitiesSells Insurance

Adam is a member of the United States Coast Guard Auxiliary, dedicating minimal time. He is also the President/founder of Kay Financial Solutions, LLC, a DBA for his LPL business, and is involved with Prudential for property and casualty, but spends no time on either.

Employment History
Current Registrations
LPL Enterprise, LLC Broker
November 2024 - Present · 1 yr 2 mos
LPL Enterprise, LLC
November 2024 - Present · 1 yr 2 mos
Previous Registrations
Prudential Financial Planning Services
March 2016 - November 2024 · 8 yrs 8 mos
Pruco Securities, LLC. Broker
February 2016 - November 2024 · 8 yrs 9 mos
Ameriprise Financial Services, INC.
December 2015 - February 2016 · 2 mos
Ameriprise Financial Services, INC. Broker
November 2015 - February 2016 · 3 mos
Hornor, Townsend & Kent, INC. Broker
April 2011 - July 2011 · 3 mos
AXA Advisors, LLC
May 2008 - April 2011 · 2 yrs 11 mos
AXA Advisors, LLC Broker
January 2008 - April 2011 · 3 yrs 3 mos
State Registrations10 states
AZCAFLGANJNYPATNTXVA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Adam Benjamin Kay - Financial Advisor | AdvisorDiscover