Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
Types of Clients
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Eks Associates Overview
EKS Associates is a financial advisory firm that has been providing investment advice only since its establishment in 2014. With headquarters located in Princeton, NJ, their fee arrangement is fee-only, providing clients with transparent and straightforward pricing. EKS Associates has built a strong reputation for offering excellent financial planning services and portfolio management for individuals and small businesses. At EKS Associates, they offer personalized financial planning services to help clients achieve their financial goals. Whether it is planning for retirement, saving for college, or managing debt, EKS Associates helps clients make informed financial decisions. They believe in a comprehensive planning approach and work closely with their clients to create a customized plan that suits their unique needs. In addition to financial planning, EKS Associates provides portfolio management services for individuals and small businesses. They use a disciplined investment approach to help clients achieve their financial objectives. Their investment strategies are founded on rigorous investment research and analysis coupled with disciplined risk management. EKS Associates believes that a well-diversified portfolio is the key to long-term investment success.
EKS ASSOCIATES is a highly respected financial services firm that caters to a diverse client base. They specialize in serving high net worth individuals who require sophisticated wealth management services, such as investment management, financial planning, and estate planning. EKS Associates recognizes that each client is unique, and they take a customized approach to understand individual needs and goals. With a deep understanding of financial markets and industry trends, they provide their clients with personalized guidance and advice to build and preserve wealth. EKS ASSOCIATES offers several fee structures as part of their commitment to providing transparent and flexible services. Clients can choose from a percentage of assets under management (AUM) model, where fees are calculated based on the value of the client's portfolio. The hourly fee structure is also available, which allows clients to pay for specific services on an as-needed basis. For clients who require specific projects, such as estate planning, fixed fees can also be provided. EKS Associates believes that fee transparency is critical, and they prioritize open communication with their clients to ensure that their financial planning needs are met in the most cost-effective manner possible.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, the Part 2 Brochure for EKS Associates does not mention an investment minimum.
How This Office Can Help Kingston, NJ Residents
EKS Associates is a reputable financial planning firm that offers personalized financial solutions to clients in Kingston, NJ. The firm offers a range of services aimed at helping individuals and businesses navigate their financial challenges. For instance, EKS Associates can assist clients in developing customized investment strategies to help them achieve their financial goals. Other services include retirement planning, tax planning, estate planning, and risk management. Residents of Kingston, NJ may face various financial challenges, including mounting debt, insufficient savings for retirement, or lack of proper insurance coverage. EKS Associates can help individuals and businesses in Kingston, NJ overcome these challenges and achieve financial success. The firm's team of financial planners has the expertise to tailor financial plans that meet the unique needs of each client. With EKS Associates, clients in Kingston, NJ can rest assured that their financial future is in safe hands.
Services Offered by Eks Associates
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Eks Associates most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 9 AM–5 PM
- Tue 9 AM–5 PM
- Wed 9 AM–5 PM
- Thu 9 AM–5 PM
- Fri 9 AM–5 PM
- Sat Closed
- Sun Closed
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Eks Associates is registered to service clients in the following states:
- Florida
- Massachusetts
- New Jersey
- New York
- Pennsylvania
- Texas
Disciplinary History
Eks Associates does not have any disclosures. Please visit it's Form ADV for more details.