The Karras Company, Inc.

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Client assets under management

$367,238,059

Clients

249

37% high-net worth

Advisors

of 7 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Typical

Average account size

$1,474,852

About

The Karras Company provides wealth planning, investment consulting and portfolio management to individuals (including high-net-worth households) as well as institutions and employer‑sponsored retirement plans. The firm reports approximately $373 million in SEC regulatory assets under management and advises on roughly $3.45 billion in assets under advisement, serving about 249 client relationships with a four‑advisor team.

Karras’ investment approach emphasizes strategic asset allocation, diversified portfolios across equities, fixed income, mutual funds/ETFs and alternative exposures, and a buy‑and‑hold orientation rather than market timing. Portfolios are monitored and periodically rebalanced, and the firm uses discretionary authority, model allocations and third‑party separately managed account or UMA strategies in certain client programs.

Distinctive operational features include a close operational and regulatory relationship with Raymond James—its advisors are also registered representatives and Raymond James affiliates serve as custodian and platform provider—and the firm’s use of Raymond James’ AMS model and UMA/SMA offerings. The brochure also discloses recent firm-level changes (the IMPAC and Passport programs will not be offered after March 31, 2026) and an atypically large gap between assets under advisement and regulatory AUM, reflecting material consulting and advisory work beyond directly managed discretionary accounts.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Retirement income strategy General tax planning Life insurance needs analysis Business succession planning Charitable giving & philanthropy

Occupation focus

Founder/Business Owner Retired

Fee options

Fixed

Fixed dollar fees for wealth planning and investment consulting services, negotiated per client.

Percentage

$0 - $1 Million: 1.00% $1 Million - $5 Million: 0.85% $5 Million - $10 Million: 0.75% $10 Million+: Negotiable

Commissions

IARs may act as registered representatives and earn commissions per RJFS commission schedule.

Project-based

Standard hourly rate is $250 per hour.

Other

Account minimum: $250,000 Fee-only: Fees for wealth planning and investment consulting services can be hourly ($250/hour) or fixed dollar fee, or combination of fee structures.

Main office location

The Karras Company, Inc.

4695 South 1900 West, Suite 3

Roy UT 84067, United States

Number of offices

Most active in

Texas · Utah

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 801-825-3000

Advisors at this firm

Brett K

CFP®, Series 63, Series 66

Roy, UT

The Karras Company, Inc.

Brett Karras is a CFP® professional with over 32 years of experience in the financial industry. He has been with The Karras Company, Inc. since 2002 and is currently one of four advisors at the firm. His work history also includes a longstanding affiliation with Raymond James Financial Services since 2000. The Karras Company provides wealth planning, investment consulting, and portfolio management services to individuals, trusts, institutions, and employer-sponsored retirement plans. The firm emphasizes strategic asset allocation and diversified buy-and-hold portfolios, utilizing research and platform resources from Raymond James to support client strategies and account monitoring.

Retirement income strategy General tax planning Life insurance needs analysis Business succession planning Charitable giving & philanthropy Founder/Business Owner Retired

William M

CFP®, Series 66

Roy, UT

The Karras Company, Inc.

William Merrell is a CFP® and Series 66 credentialed advisor with 13 years of industry experience. He has been with The Karras Company, Inc. and Raymond James Financial Services since 2015. Outside of his advisory role, he owns and operates a family management company called CCC Management. The Karras Company provides wealth planning, investment consulting, and portfolio management services to individuals, trusts, institutions, and retirement plans. The firm emphasizes strategic asset allocation and diversified, primarily buy-and-hold portfolios, leveraging research and resources through its partnership with Raymond James.

Retirement income strategy General tax planning Life insurance needs analysis Business succession planning Charitable giving & philanthropy Founder/Business Owner Retired

Boyd H

CFP®, Series 63, Series 65

Roy, UT

The Karras Company, Inc.

Boyd Hansen is a CFP® professional with 41 years of industry experience, currently serving at The Karras Company, Inc. since 2020. He previously worked at Raymond James Financial Services Advisors, Inc. for 11 years and has been affiliated with Raymond James Financial Services, Inc. since 1990. Outside of advisory work, Hansen is the CEO of Boyd R. Hansen & Co. Inc., a medical business services firm. The Karras Company provides wealth planning, investment consulting, and portfolio management to individuals, trusts, institutions, and employer-sponsored retirement plans. The firm emphasizes strategic asset allocation and diversified buy-and-hold portfolios, leveraging research and resources from its longstanding relationship with Raymond James.

Retirement income strategy General tax planning Life insurance needs analysis Business succession planning Charitable giving & philanthropy Founder/Business Owner Retired

Nolan K

Series 63, Series 65

Roy, UT

The Karras Company, Inc.

Nolan Karras is a financial advisor with The Karras Company, Inc., holding Series 63 and Series 65 credentials and bringing 19 years of industry experience. He has been affiliated with The Karras Company since 1997 and SK Hart Management since 2006. Outside of his advisory work, Karras serves on multiple boards, including educational institutions, electric utilities, healthcare organizations, and nonprofit foundations. The Karras Company provides wealth planning, investment consulting, and portfolio management services to individuals, trusts, institutions, and retirement plans. The firm emphasizes strategic asset allocation and diversified, primarily buy-and-hold portfolios, utilizing equities, fixed income, mutual funds, ETFs, and alternative asset classes, supported by research and resources from Raymond James.

Retirement income strategy General tax planning Life insurance needs analysis Business succession planning Charitable giving & philanthropy Founder/Business Owner Retired

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