First Kentucky Securities provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and security ratings or pricing. Financial planning was provided to 1–10 clients last fiscal year.
First Kentucky Securities reports 1,530 clients. They include 1,108 individual clients, 413 high-net-worth individuals and 4 charitable organizations. Of its assets, 49.9% ($282M across 897 accounts) are managed with discretion; $284M across 633 accounts are not. A wrap fee program the firm both sponsors and manages holds $563M. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 33% |
| High-net-worth individuals | 27% | 65% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| State or municipal government entities | <1% | <1% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,108 | $185M | 32.7% | $167K |
| High-net-worth individuals | 413 | $370M | 65.3% | $895K |
| Pension and profit-sharing plans | Fewer than 5 | $3M | 0.5% | $1.5M |
| Charitable organizations | Fewer than 5 | $2.22M | 0.4% | $554K |
| State or municipal government entities | Fewer than 5 | $5.05M | 0.9% | $5.05M |
| Corporations and other businesses | Fewer than 5 | $850K | 0.2% | $425K |
| Total | 1,530 | $566M | 100% | — |
- Clients
- 1,108
- Regulatory AUM
- $185M
- AUM share
- 32.7%
- Avg. per client
- $167K
- Clients
- 413
- Regulatory AUM
- $370M
- AUM share
- 65.3%
- Avg. per client
- $895K
- Clients
- Fewer than 5
- Regulatory AUM
- $3M
- AUM share
- 0.5%
- Avg. per client
- $1.5M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.22M
- AUM share
- 0.4%
- Avg. per client
- $554K
- Clients
- Fewer than 5
- Regulatory AUM
- $5.05M
- AUM share
- 0.9%
- Avg. per client
- $5.05M
- Clients
- Fewer than 5
- Regulatory AUM
- $850K
- AUM share
- 0.2%
- Avg. per client
- $425K
Total
- Clients
- 1,530
- Regulatory AUM
- $566M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
First Kentucky Securities is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees), performance-based fees and other compensation; its fees and minimums are set out in its brochures on the SEC website.
The leadership team of First Kentucky Securities includes President Tyler Darrell Current. It has 19 employees, 16 of them in advisory roles.
Staff
- 19 employees
- 16 in advisory functions
- 19 state-registered reps
- 19 broker-dealer reps
- 8 insurance agents
- Owns 10% to 25% of First Kentucky Securities Corporation
Raymond Strand Jr Kramer
Control person · since October 2016
- Owns 10% to 25% of First Kentucky Securities Corporation
William Cranston Jr Fenwick
Control person · since September 2007
- Owns 10% to 25% of First Kentucky Securities Corporation
Kevin Patrick Oconnor
Control person · since July 2014
- Owns 5% to 10% of First Kentucky Securities Corporation
Ryan Patrick Oconnor
Control person · since August 2019
- Owns 5% to 10% of First Kentucky Securities Corporation
Tyler Darrell Current
Control person · since November 2015
First Kentucky Securities’ regulatory assets went from $566M (January 2021) to $566M (December 2025); clients fell from 2,151 to 1,530 and employees from 30 to 19.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Dec 2025December 2025 | $566M | 1,530 | 19 | 2 |
| Dec 2024December 2024 | $679M | 1,751 | 20 | 2 |
| Jul 2024July 2024 | $535M | 1,680 | 24 | 2 |
| Jan 2023January 2023 | $641M | 2,841 | 25 | 2 |
| Dec 2021December 2021 | $717M | 2,579 | 33 | 2 |
| Jan 2021January 2021 | $566M | 2,151 | 30 | 2 |
Besides its headquarters, First Kentucky Securities has 1 office, with 2 listed addresses in 1 state.
Kentucky · 2 listed addresses
- 4360 Brownsboro Road, Suite 300, LouisvilleHQ
- 1500 Leestown Road, Lexington
Other business names
First Kentucky Securities has reported 1 other business name to the SEC.
- First Credit Advisors
Contact and registration details
- Legal name
- First Kentucky Securities Corporation
- Headquarters
- 4360 Brownsboro Road, Suite 300, Louisville, KY 40207
- Website
- firstky.com
- Phone
- 502-893-7288
- SEC file
- 801-67742
- Structure
- Kentucky corporation
- Fiscal year end
- September
First Kentucky Securities’ named custodian for separately managed accounts is RBC Capital Markets ($565M). First Kentucky Securities does not have custody of client assets.
- RBC Capital MarketsRBC Capital Markets, LLC · Minneapolis, MN · $565M100%
At year end, First Kentucky Securities’ separately managed accounts were mostly in funds (53%) and bonds (22%).
What the accounts hold
- Stocks21%
- Funds53%
- Bonds22%
- High-yield corporate bonds14%
- U.S. government and agency bonds4%
- State and local bonds2%
- Investment grade corporate bonds2%
- Cash4%
How many clients does First Kentucky Securities have?
First Kentucky Securities has 1,530 clients and manages $566 million for them, as of December 2025. They include 1,108 individual clients, 413 high-net-worth individuals and 4 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 December 2025
What services does First Kentucky Securities offer?
First Kentucky Securities provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and security ratings or pricing.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does First Kentucky Securities use?
First Kentucky Securities’ separately managed account assets are held at RBC Capital Markets, LLC (Minneapolis, MN), with $565M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 December 2025
How many financial advisors does First Kentucky Securities have?
First Kentucky Securities has 19 investment adviser representatives registered with state securities authorities, out of 19 employees, and 16 perform investment advisory functions. 19 employees are registered representatives of a broker-dealer and 8 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 First Kentucky Securities invest in?
At the end of its last fiscal year, First Kentucky Securities’ separately managed accounts held 53% registered funds (mutual funds, ETFs, BDCs), 21% exchange-traded equities, 14% high-yield corporate bonds, 4% U.S. government and agency bonds, 4% cash and equivalents, 2% state and local bonds and 2% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns First Kentucky Securities?
First Kentucky Securities’ direct owners are Raymond Strand Jr Kramer, William Cranston Jr Fenwick, Kevin Patrick Oconnor, Ryan Patrick Oconnor and Tyler Darrell Current, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 2 December 2025
How does First Kentucky Securities get paid?
First Kentucky Securities is paid through a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other compensation. Its Form ADV lists no commissions 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 First Kentucky Securities?
First Kentucky Securities’ main office is at 4360 Brownsboro Road, Suite 300, Louisville, KY 40207. Its phone number is 502-893-7288. Its website is firstky.com.