Koob Wealth Management, LLC

Koob Wealth Management provides investment advisory and planning services primarily to individual and high‑net‑worth clients, as well as trusts and estates. The firm offers ongoing asset management, written financial plans, one‑time and as‑needed consulting, and sponsors a wrap‑fee asset management program (the Koob Asset Management Program) that uses LPL Financial for custody and trade execution.

The firm emphasizes individualized portfolios and written investment policy statements, uses fundamental analysis, and applies both long‑term and short‑term strategies as appropriate. Although it offers discretionary management, it historically manages the vast majority of client assets on a non‑discretionary basis and added an explicit discretionary trading option in recent filings.

Koob Wealth Management is notable among peers for operating as the sponsor of a wrap fee program through LPL, for reporting a very large share of assets managed non‑discretionarily (about $172 million in total client assets with the bulk non‑discretionary as of year‑end disclosures), and for affiliated broker‑dealer and insurance activities—its advisers are registered with LPL and hold insurance licenses, and the firm also distributes occasional impersonal newsletters. Clients should also note the firm does not vote proxies on clients’ behalf, leaving proxy voting to the account owner.