First Kentucky Securities CORP
Assets Under Management
$678.6M
Number of Clients
1,751
Number of Advisors
15
Average Client AUM
$388K
AUM per Advisor
$45.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
First Kentucky Securities Corporation (FKSC) is an SEC-registered investment adviser offering personalized financial planning and investment solutions. Clients can choose between transaction-based brokerage accounts or fee-based advisory accounts. FKSC also sponsors the FKSC Wrap Fee Program, providing advisory and brokerage execution services for an inclusive fee.
Fee Structure
The FKSC Wrap Fee Program charges an annual fee based on assets under management. The fee covers advisory services, administrative expenses, custody charges at RBC Advisor Services, and brokerage services when trades are conducted through RBC. The program requires a minimum of $10,000 of assets under management, but this may be negotiable. Fees are billed quarterly, in advance, based on the account value at the end of the previous quarter. The fees do not cover brokerage through other brokers, custody elsewhere, or fund expenses.
Areas of Practice
Location
4360 Brownsboro Road, Suite 300, Louisville, KY, 40207