K
Kakis Financial Services Inc.
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$45,971,648
Clients
34
50% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
34
TypicalAverage account size
$1,352,107
About
Kakis Financial Services, Inc. is a small, independent registered investment adviser that provides discretionary portfolio design and management primarily for individual clients and families, and also serves not‑for‑profit organizations and closely held businesses. The firm is a solo practice managing about $46 million for roughly three dozen client relationships.
The adviser constructs portfolios around client needs with an emphasis on managing risk, using a risk‑tolerance questionnaire and client interviews to set asset allocation and making tactical reallocations and rebalancing as market conditions warrant. Portfolios typically include no‑load or load‑waived mutual funds, exchange‑traded funds, cash instruments and U.S. government securities, and the firm monitors risk statistics such as alpha, beta, standard deviation, duration and average credit quality (reported via Morningstar).
A distinguishing feature is the firm’s affiliation with the principal’s CPA practice — the adviser’s related accounting firm provides tax, accounting and administrative services and may serve some of the same clients, a relationship the brochure discloses as a potential conflict of interest. Operationally the firm is fee‑only and requires use of Charles Schwab as custodian, and the sole adviser acts as his own supervisor in this small, fully discretionary practice.
Client services
Portfolio management
Expertise
Wealth management
Fee options
$0 - $280,000: 0.6% annually (minimum annual fee applies) $280,000 - $2,000,000: 0.6% annually $2,000,000 - $4,000,000: 0.51% annually (15% discount on 0.6%) $4,000,000+: 0.48% annually (20% discount on 0.6%)
Account minimum: $500,000 (may be reduced on a client-by-client basis) Minimum fee: $1,680.00 per year (based on $280,000 at 0.6%) Fee-only: Fee-only investment advisory services; no commissions or other compensation from third parties
Main office location
Kakis Financial Services Inc.
2268 S River Rd
Des Plaines IL 60018, United States
Number of offices
1
Most active in
Kakis Financial Services Inc. has reported serving >5 clients in these states in the last 12 months.
Illinois
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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