Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Keeney Financial Group Inc. Overview
ABEL HALL, LLC is a Fee Only Registered Investment Advisory Firm headquartered in Baton Rouge, LA. Established in 2019, the firm specializes in providing investment advice only to its clients. As a Fee Only firm, they do not receive any commissions or other kickbacks from recommending investment products to their clients, which eliminates any potential conflict of interest and ensures that their clients' best interests always take precedence. The firm's primary services include financial planning, portfolio management for individuals & small businesses, and pension consulting. Their financial planning services encompass a broad range of areas, including retirement planning, estate planning, tax planning, and risk management. Their portfolio management services are tailored to each client's individual goals, risk tolerance, and investment horizon. Additionally, their pension consulting services cover everything from plan design and implementation to ongoing plan management and fiduciary duties. In addition to their core services, ABEL HALL, LLC also assists clients with selecting other advisors who can provide complementary services or specialize in niche areas. This flexibility and willingness to work with outside professionals allows them to offer a more comprehensive and customized approach to their clients' investment needs. Overall, ABEL HALL, LLC is a young and dynamic firm that is committed to helping clients achieve their financial goals and secure their future.
KEENEY FINANCIAL GROUP INC. is a highly reputable financial consulting firm that caters to a diverse clientele base. The firm serves individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, and other corporation types not listed. With an in-depth knowledge of the financial market, the company provides tailored financial strategies to help their clients achieve their financial goals effectively and efficiently. To ensure that clients get the best possible service that fits their unique needs, KEENEY FINANCIAL GROUP INC. offers several fee structures depending on the service provided. One of the fee structures available is a percentage of AUM (Assets Under Management), which is often necessary for clients who require continuous investment management services. The percentage fee structure is calculated based on the value of the client's account, and the firm's commission is a percentage of that total value. The second fee structure option is fixed fees, which are charged for individual or one-time services such as tax planning, estate planning, and financial analysis. This unique fee structure method is ideal for those looking for a more comprehensive approach to their finances or are more interested in managing their finances independently. KEENEY FINANCIAL GROUP INC. is committed to providing transparent and competitive fee structures to its clients to achieve their financial objectives.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for Keeney Financial Group Inc. (KFG) is at least $500,000, according to their Part 2 Brochure. The note states that this minimum may be waived at the discretion of KFG.
How This Office Can Help Columbia, MD Residents
Keeney Financial Group is recognized for its exceptional financial planning and management services in Columbia, MD. The firm understands that clients in Columbia, MD require a personalized approach as each individual faces unique financial challenges. Keeney Financial Group assists clients in securing their financial future by implementing tailor-made strategies that address their financial situations. For instance, clients in Columbia, MD may need help managing their investment portfolios or creating financial plans for their retirement. Keeney Financial Group provides comprehensive financial solutions ranging from investment management, retirement planning, business succession, estate planning, and tax management. Furthermore, clients in Columbia, MD face challenges such as significant student debts, low income, and high cost of living. Keeney Financial Group recognizes these issues and works with clients to develop strategies that address their specific needs. For example, for those with high student loan debts, the firm provides a loan repayment strategy to help them pay off their debts faster while saving for their future. Keeney Financial Group also provides investment options that offer long-term growth, tax efficiencies, and attractive returns, helping clients achieve their financial goals in Columbia, MD.
Services Offered by Keeney Financial Group Inc.
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 Keeney Financial Group Inc. 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.
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
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.
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
Other Office Locations
This firm has no other locations.
State Registrations
Keeney Financial Group Inc. is registered to service clients in the following states:
- California
- Delaware
- Florida
- Maryland
- Massachusetts
- New York
- North Carolina
- Pennsylvania
- Texas
- Vermont
- Virginia
Disciplinary History
Keeney Financial Group Inc. does not have any disclosures. Please visit it's Form ADV for more details.