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Kovack Advisors
Kovack Advisors, Inc. is a US-based RIA offering wealth management, financial planning, and portfolio management through a hybrid advisory and brokerage...
Kovack Advisors
KOVACK ADVISORS, INC. is an SEC-registered investment adviser in FT. LAUDERDALE, FL, registered since 2004. The firm manages $6.3 billion in assets, $5.1 billion on a discretionary basis. It has 320 employees and 300 investment advisers.
General information
Firm type
RIA
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
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City
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Corporate office
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Frequently asked questions
What services does Kovack Advisors offer?
Kovack Advisors provides wealth management services including financial planning, portfolio management, retirement planning, and asset allocation. The firm operates through both fee-based advisory accounts and commission-based brokerage, giving clients flexibility in how they engage.
Is Kovack Advisors a fiduciary?
Yes, Kovack Advisors is a registered investment advisor (RIA) and is held to a fiduciary standard when providing advisory services. However, the firm also operates as a broker-dealer, meaning certain transactions may be subject to a suitability standard rather than fiduciary duty (per SEC filings, public record).
How is Kovack Advisors regulated?
Kovack Advisors is registered with the SEC as a registered investment advisor. Its broker-dealer operations are regulated by FINRA. This dual registration is a key structural feature of the firm (per SEC filings, public record).
Does Kovack Advisors only serve high-net-worth clients?
Kovack Advisors targets both individual and institutional investors, with a focus on high-net-worth clients and retirement planning. The firm's services are tailored to clients seeking comprehensive financial guidance across different life stages.
What is the firm's investment philosophy?
Kovack Advisors emphasizes long-term asset allocation across equity, fixed income, and cash equivalents. The firm customizes portfolios based on client risk tolerance and financial goals, without public disclosure of specific proprietary strategies or alternative investments.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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