Karsten Financial Services, Lp (Fort Worth)
Karsten Financial Services, Lp Is a Large Advisory Firm Based in Fort Worth. It Manages $413.8 Million of Regulatory Assets for 1,915 Client Accounts. It Has...
Karsten Financial Services, LP is a large advisory firm based in Fort Worth. It manages $413.8 million of regulatory assets for 1,915 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, Arkansas, California, and 7 other states.
Karsten Financial Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
Karsten Financial Services: assets under management
The assets under management (AUM) of Karsten Financial Services, LP is $413.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 429% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $413.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $216.09 thousand each.
Karsten Financial Services has custody of $188.69 million in cash and securities for 25 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is investment and business development companies, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.
Sarah Jenkins is a veteran tech journalist with over 12 years of experience covering artificial intelligence, mobile innovations, and digital ethics. Her insights have appeared in leading technology publications worldwide.
