The KOVACK ADVISORS is a privately held investment adviser that advises $6.32Bn in regulatory assets under management held in 0 SEC fund types across 1 investment strategies. KOVACK ADVISORS is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 79.34% over the last 5-years.
The Group has been registered with the SEC for 22.29 years and is comprised of 1 filing and 0 relying advisers. They operate out of 25 office locations with their Headquarters at 6451 N. FEDERAL HWY SUITE 1201, FORT LAUDERDALE, FLORIDA. The Group has been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 320 employees comprised of 300 investment and 20 non-investment staff. The total number of Employees increased by 7.74% over the last 5-years.
Their $6.32Bn in assets advised are owned by 0 private funds, 2 public funds and BDCs and 387 other accounts. Assets of Individuals clients own $2.81Bn or 44.54% of Total Assets and High Net Worth Individuals own $2.78Bn or 43.97% of Total Assets.
The Group's top investment strategies include Multi Strat, representing 100% of total assets, respectively.
They advise 7 types of clients, top clients are Individuals and High Net Worth Individuals.
The Group uses 2 Fund Administrators, 0 Fund Auditors, 0 Prime Brokers, 2 Custodians and 2 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees and management fees.
KOVACK ADVISORS names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.