Kalinowsky Asset Management

The firm operates under a fee-only advisory model, billing clients directly as a percentage of assets under management. This structure is standard for independent registered investment advisors and contrasts with commission-based models where revenue is tied to product sales. Specific fee schedules are disclosed in the firm's Form ADV, filed with the SEC.

Available information indicates a focus on high-net-worth individuals, families, and related trusts. No evidence of separate institutional mandates, pension fund consulting arrangements, or endowment management services has been identified in public records. The practice appears structured exclusively for private wealth clients.

No. The firm operates as an independent entity. This independence is structurally significant because it removes the product-distribution pressure common at bank-affiliated advisory practices, where advisors may face incentives to recommend proprietary funds or structured products.

The specific custodial relationship is not publicly disclosed. Independent advisors of this scale commonly custody assets with large third-party platforms such as Charles Schwab, Fidelity, or Pershing, which provide trade execution, safekeeping, and client reporting infrastructure. Client assets should remain segregated in individually titled accounts.

The firm constructs portfolios using individual stocks and bonds, mutual funds, and exchange-traded funds. The approach is consistent with a traditional separately managed account structure, where each client's holdings are directly owned and customized. The firm does not appear to manage pooled investment vehicles or private funds.