Ekon Advisors provides portfolio management for institutions and pension consulting.
Ekon Advisors reports 15 clients. They include 14 pension and profit-sharing plans and 1 state or municipal government entity. Of its assets, 50.1% ($110M across 6 accounts) are managed with discretion; $110M across 9 accounts are not. It advised 39 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Pension and profit-sharing plans | 93% | 96% |
| State or municipal government entities | 7% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pension and profit-sharing plans | 14 | $211M | 96.1% | $15.1M |
| State or municipal government entities | Fewer than 5 | $8.48M | 3.9% | $8.48M |
| Total | 15 | $220M | 100% | — |
- Clients
- 14
- Regulatory AUM
- $211M
- AUM share
- 96.1%
- Avg. per client
- $15.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $8.48M
- AUM share
- 3.9%
- Avg. per client
- $8.48M
Total
- Clients
- 15
- Regulatory AUM
- $220M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 39
- Private funds advised
- 0
Ekon Advisors is paid through a percentage of assets under management, fixed fees (other than subscription fees) and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Genelle Brakefield owns 25% to 50% of Ekon Advisors. The leadership team of Ekon Advisors includes President Genelle Brakefield and Chief Compliance Officer Kendree Spisak. It has 3 employees.
Leadership
- Genelle BrakefieldMember & President
- Keith KowalczykMember & Vice President
- Kendree SpisakMember, Secretary & Treasurer, Chief Compliance Officer
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Genelle Marie Brakefield
- Keith Thomas Kowalczyk
- Kendree Kowalczyk Spisak
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 3 broker-dealer reps
- Owns 25% to 50% of Ekon Advisors, LLC
Genelle Brakefield
Control person · since July 2015
- Owns 25% to 50% of Ekon Advisors, LLC
Kendree Spisak
Control person · since July 2015
- Owns 10% to 25% of Ekon Advisors, LLC
Keith Kowalczyk
Control person · since July 2015
Ekon Advisors’ regulatory assets fell from $347M (June 2021) to $220M (March 2026); clients fell from 21 to 15 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $220M | 15 | 3 | 1 |
| March 2025 | $207M | 15 | 3 | 1 |
| June 2024 | $204M | 16 | 3 | 1 |
| March 2023 | $181M | 15 | 3 | 1 |
| March 2022 | $219M | 13 | 3 | 1 |
| June 2021 | $347M | 21 | 3 | 1 |
Besides its headquarters, Ekon Advisors has 0 offices, with 1 listed address in Missouri.
Missouri · 1 listed address
- 4940 Washington BLVD., St. LouisHQ
Contact and registration details
- Legal name
- Ekon Advisors, LLC
- Headquarters
- 4940 Washington BLVD., St. Louis, MO 63108
- Website
- ekonadvisors.com
- Phone
- 314-367-6327
- SEC file
- 801-106780
- Structure
- Missouri LLC
- Fiscal year end
- December
Ekon Advisors uses Matrix Trust ($71.2M, 46%), Vanguard Group ($52.2M, 34%) and Busey Wealth Management ($30.3M, 20%) as custodians for its separately managed accounts. Ekon Advisors has custody of client assets.
- Vanguard GroupVanguard Group · Malvern, PA · $52.2M34%
- Matrix TrustMatrix Trust Co · Denver, CO · $71.2M46%
- Busey Wealth ManagementBusey Wealth Management · Creve Coeur, MO · $30.3M20%
At year end, Ekon Advisors’ separately managed accounts were mostly in funds (99%).
What the accounts hold
- Funds99%
- Registered funds94%
- Pooled vehicles5%
- Cash1%
How many clients does Ekon Advisors have?
Ekon Advisors has 15 clients and manages $220 million for them, as of March 2026. They include 14 pension and profit-sharing plans and 1 state or municipal government entity.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 March 2026
What services does Ekon Advisors offer?
Ekon Advisors provides portfolio management for institutions and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Ekon Advisors use?
Ekon Advisors’ separately managed account assets are held at Matrix Trust Co (Denver, CO), with $71.2M, Vanguard Group (Malvern, PA), with $52.2M and Busey Wealth Management (Creve Coeur, MO), with $30.3M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 March 2026
How many financial advisors does Ekon Advisors have?
Ekon Advisors has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 0 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Ekon Advisors invest in?
At the end of its last fiscal year, Ekon Advisors’ separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 5% pooled vehicles (private funds and similar) and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Ekon Advisors?
Ekon Advisors’ direct owners are Genelle Brakefield, Keith Kowalczyk and Kendree Spisak, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 4 March 2026
How does Ekon Advisors get paid?
Ekon Advisors is paid through a percentage of assets under management, fixed fees and other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Ekon Advisors?
Ekon Advisors’ main office is at 4940 Washington BLVD., St. Louis, MO 63108. Its phone number is 314-367-6327. Its website is ekonadvisors.com.