Kakis Financial Services Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Kakis Financial Services, Inc. is a small, independent registered investment adviser that provides discretionary portfolio design and management primarily for individual clients and families, and also serves not‑for‑profit organizations and closely held businesses. The firm is a solo practice managing about $46 million for roughly three dozen client relationships.
The adviser constructs portfolios around client needs with an emphasis on managing risk, using a risk‑tolerance questionnaire and client interviews to set asset allocation and making tactical reallocations and rebalancing as market conditions warrant. Portfolios typically include no‑load or load‑waived mutual funds, exchange‑traded funds, cash instruments and U.S. government securities, and the firm monitors risk statistics such as alpha, beta, standard deviation, duration and average credit quality (reported via Morningstar).
A distinguishing feature is the firm’s affiliation with the principal’s CPA practice — the adviser’s related accounting firm provides tax, accounting and administrative services and may serve some of the same clients, a relationship the brochure discloses as a potential conflict of interest. Operationally the firm is fee‑only and requires use of Charles Schwab as custodian, and the sole adviser acts as his own supervisor in this small, fully discretionary practice.
Client services
Expertise
Fee options
$0 - $280,000: 0.6% annually (minimum annual fee applies) $280,000 - $2,000,000: 0.6% annually $2,000,000 - $4,000,000: 0.51% annually (15% discount on 0.6%) $4,000,000+: 0.48% annually (20% discount on 0.6%)
Account minimum: $500,000 (may be reduced on a client-by-client basis) Minimum fee: $1,680.00 per year (based on $280,000 at 0.6%) Fee-only: Fee-only investment advisory services; no commissions or other compensation from third parties
Main office
2268 S River Rd
Des Plaines IL 60018
Advisors at this office
1
Most active in
Illinois
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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