Kingsview is proud to announce that Partners Robert Porter and James “Pink” Kellett have joined the firm as of June 13th, 2019.
Pink Kellett has had a career spanning over three decades where he served clients at some of the industry’s largest firms. Robby Porter has held various positions within the financial services industry before joining Kingsview. Having served clients at Edward Jones and Wells Fargo, he continues to use his talents to do what he enjoys most: helping people. The team most recently served their clients at the Wells Fargo branch in Surfside Beach, SC where they managed approximately $120m in assets.
The team is joined by Diane Wojnowski, the office’s Branch Administrator. Collectively, their passion for serving clients with a high degree of empathy makes them ideal partners to align with the firm’s mission of Elevating the Standard of Care.
Robby and Pink are excited to embrace the fiduciary standard at the new office in Myrtle Beach, SC and offer sophisticated wealth management services to their clients. These services include personalized guidance, client centric financial planning, professional portfolio management, streamlined performance reporting, and a collaboration with tax and legal professionals.
“Kingsview is extremely excited to welcome Robby and Pink as partners in our firm,” noted Chief Operating Officer Sean McGillivray. “Our industry has done a poor job of engaging clients and delivering on the promises they make. The Myrtle Beach team’s down to earth approach that puts the interests of clients first will continue to advance our desire to transform the industry.”
Kingsview’s Myrtle Beach, SC office can be found at 2513 N Oak St, Suite 201 and can be reached at (843) 310-3917.
As if on cue, the markets that began rallying after Christmas have continued to do so right on through the end of the first quarter. Propelled by the Fed’s pivot toward a more patient view on monetary policy, investors are reading the Fed as stepping away from the rate increases that were previously earmarked for 2019. With the low interest rate environment back in vogue, investors are once again willing to take a position in risk assets via the equity markets. Some would point out that the economic data does not warrant a strong stock market, but investors are looking through the poor economic data and are assuming that the economy, after a brief lull in recent months, will pick up through the remainder of 2019. Like the Fed, we will have to be patient and see!
Geopolitically, a resolution on the U.S. / Mexico border dispute and trade agreements with major economies around the world could bolster stocks into the summer. Nothing is certain regarding politics, so volatility is likely as news about a trade deal (both positive and negative) get leaked ahead of a final deal.
Fears of a recession are rising as the yield curve briefly inverted and other decelerating indicators on housing and business spending have accompanied the economic slowdown. The timing of any recession is at best an art, and at worst a best guess. That said, the weak data overseas certainly threatens a spillover type of effect on the U.S. given the global nature of our economy. Job and wage gains continue to support a healthy consumer and suggest a rebound in output remains likely in the second half of the year. Also, on the brighter side, benign inflationary pressures mean “real” growth in profit margins from major U.S. companies remain largely intact even as total sales have slowed a bit thus far in 2019.
Kingsview’s newest Partner John Lubell has joined the firm as of February 21st, 2019. After earning his MBA, John began his now 20+ year financial career at Merrill Lynch, most recently advising clients at Wells Fargo out of their Santa Cruz, California branch where he managed over $120m in assets.
John’s entrepreneurial mindset and desire to put clients first is in perfect alignment with Kingsview’s client servicing ethic and independent platform. His ongoing passion of helping people identify their goals and plan for their financial future makes him a uniquely qualified advisor partner who will carry on the firm’s mission to Elevate the Standard of Care.
At the new office in Soquel, John will continue to deliver measured and personalized advice to his clients, embracing the firm’s no-nonsense approach to advice, investment management and financial planning.
“Kingsview is extremely excited to welcome John as a partner to our firm,” noted Chief Operating Officer Sean McGillivray. “Our industry has done a poor job of engaging clients and delivering on the promises they make. John’s down to earth approach that puts the interest of clients first will continue to advance our desire to transform the industry.”
Kingsview’s Soquel, CA office can be found at 2901 Park Ave, Suite B2 and can be reached at (831) 200-1205. To read more on John’s background click here.
February 1st, 2019 marks the first day at Kingsview for firm’s newly minted Partner, Robert “Bob” Robinson. Beginning his financial career at Wells Fargo, Bob has done nearly every job in the bank/brokerage world. After starting at teller, he ended his 12-year tenure at Wells as the Casper, Wyoming branch’s sole financial advisor where he managed over $170m in assets.
Bob’s dedicated, service model is a near perfect match for Kingsview’s client servicing ethic. His simple motto of treating others as he would like to be treated makes him the perfect advisor partner to carry on the firm’s mission to Elevate the Standard of Care.
Bob will continue to deliver measured and personalized advice to his clients, embracing our no-nonsense approach to advice, investment management and financial planning. Kingsview recognizes that a personalized and intimate approach to a client’s financial life that allows them to leverage the knowledge and experience of an advisor is the true core value in the client/advisor relationship.
“Good people are the foundation of our firm. Having spent a good amount of time getting to know Bob, his assistant, and his family I could not be prouder of the firm’s latest Partner. The people of Wyoming will be well served by a driven and down to earth advisor that puts their interests first.” – Sean McGillivray, the firm’s Chief Operating Officer.
Kingsview’s Woodbury office can be found at 152 North Durbin Street, Suite 230 and can be reached at (307) 439-4447. To read more on Bob’s background click here.
Four Advisors from Wells Fargo Join Kingsview
Today, Kingsview Asset Management welcomed four new partners to our coalition. Managing well over $200,000,000 in assets at Wells Fargo Advisors, Jonathan Millman, Ian Millman, Mario Veneroso and Alan Yakuboff are the founding partners of Kingsview’s Woodbury, New York office.
The four advisors are joined by Jill Hoenings, the office’s Licensed Senior Branch Administrator. This was an easy decision for all, as all four advisors have defined their careers by offering superior client service, sophisticated financial planning and consistent advice.
Kingsview is a go-to choice for client centric financial advisors who are tired of the low touch, high cost model of the traditional wirehouse. Kingsview’s exclusive Fiduciary Freedom partner model is designed around our refreshingly simple mission statement: Elevating the Standard of Care. The firm and its Partner Advisors find commonality on an understanding that the industry has repeatedly done poorly by clients. Kingsview is dedicated to a no nonsense, knowledge first approach to client education and engagement.
The Woodbury, New York office focuses on clients with a wealth preservation mindset. The office serves as a client’s “CFO” and delivers a boutique service offering that executes on a holistic plan: investment management, goal based financial planning, cash management and legacy planning.
“Kingsview could not be more excited to welcome four great advisors as partners in our firm. Our brand and our client service ethic speak to good people, who want to do good things for those they value. It is our hope to continue to exceed client expectations and reestablish the role of the trusted fiduciary in this industry,” said Sean McGillivray, the firm’s Chief Operating Officer.
Kingsview’s Woodbury office can be found at 1000 Woodbury Rd, Suite 404, Woodbury, NY 11797 and can be reached at (516) 515-1961. Click here for more information on the office.
Kingsview Asset Management is pleased to announce that Michael Kissinger has joined the firm’s partnership. Michael is overseeing the opening of Kingsview’s first office in heart of Silicon Valley. Michael joins Kingsview from Wells Fargo, where he managed over $100,000,000 in client assets.
Michael is a veteran in the financial advisory industry with over two decades of experience serving clients in the San Francisco bay area.
“Mike is a perfect fit for Kingsview,” notes Sean McGillivray, the firm’s Chief Operating Officer. “When the firm considers an advisor to join our partnership, we are looking for someone that exemplifies our mission of elevating the standard of care our clients receive.”
“I am excited for the opportunity to bring a high touch advisory model to my clients in the Bay,” says Michael Kissinger speaking about his new role. “The decision to join Kingsview was simple for me. The firm’s mission and client servicing ethic is a great match for how I have built my career. I look forward to working side by side with my clients under the Kingsview banner.”
Michael Kissinger’s new contact information is as follows:
Kingsview Asset Management is a nationally recognized investment advisory firm headquartered in the Pacific Northwest. The firm serves a discriminating clients base through a network of offices across the country run by partner advisors. For more information visit www.kingsview.com
It is our pleasure to bring you a video update from investment committee members Scott Martin (CIO) and Paul Nolte (SVP) as they discuss Kingsview Investment Strategy portfolio positioning for the current quarter and give some insightful commentary on the recent market volatility.
Kingsview Asset Management has officially ranked on the Inc. 5000 list of the fastest-growing private held companies in America.
“I am extremely proud that we grew our firm by 133.2% last year to ultimately finish 2017 with 801.38 million in assets,” said Aaron Klemow, Kingsview’s Managing Director of Business Development. “I believe our growth is a testament to our strong culture as well as our client and advisor centric business model.”
While the firm showed dramatic growth in Assets Under Management and revenue, the firm’s growth in assets per client of 65.93% was particularly notable, as it is among the larger growth figures for ranked firms within Kingsview’s industry. Kingsview’s growth has not left its clients behind.
“We are excited to receive recognition for our growth” said Josh Lewis, Senior Managing Partner of Kingsview Asset Management.