An independent investment advisory firm located in Lancaster is earning national recognition in the industry for its ranking on the 53rd spot on CNBC’s 2014 Top 100 Fee-Only Wealth Management Firms. A wholly-owned subsidiary of Reinsel Kuntz Lesher LLP, Kuntz Lesher Capital LLC (KLC) earned its ranking as the only firm from Central Pennsylvania climbing its way to the “Top 100” list, highlighting its impressive growth over the past several years.
In its “Top 100” ranking methodology, CNBC recognized KLC based on a proprietary formula comprised of a variety of measurable factors including assets under management, staff with professional designations (Certified Financial Planner or Chartered Financial Analysts), working experience with third-party professionals such as attorneys or CPAs, average account size, client segmentation, growth of assets, years in business, number of advisory clients and providing advice on insurance solutions.
“It’s impressive to see how KLC started off as a small, local investment advisory firm and is now being recognized among a list dominated by metropolitan-based firms. This achievement places KLC in an elite class nationally,” commented RKL CEO Edward W. Monborne.
KLC’s growth played a significant factor in the ranking. Founded in 1999, KLC is comprised of nine professionals, including a Certified Financial Planner, a Chartered Financial Analyst and a Certified Public Accountant. For the last five years, KLC’s notable growth in assets under management averaged 21.2% annually. As of May 31, 2014, KLC has approximately $374,000,000 of assets under management.
KLC is an independent registered investment advisor with a solid reputation for integrity, independence and a commitment to personalized client services. The firm has experienced growth in service areas such as investment management services, retirement plan consulting, wealth management programs and eldercare services. For more information, visit klcinvest.com.