{"url":"https://nivawealth.com/firms/kral-financial-advisors-138959","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/138959","regulatoryAum":247408500,"crd":"138959","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2719340","suffix":null,"lastName":"KRAL","firstName":"KEVIN","middleName":"THOMAS"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-22","regulatoryAum":204520000,"clients":77,"employees":1,"offices":1},{"filedOn":"2022-03-17","regulatoryAum":216292000,"clients":65,"employees":1,"offices":1},{"filedOn":"2023-03-14","regulatoryAum":176476000,"clients":61,"employees":1,"offices":1},{"filedOn":"2024-03-15","regulatoryAum":199665000,"clients":55,"employees":1,"offices":1},{"filedOn":"2025-03-07","regulatoryAum":218639000,"clients":55,"employees":1,"offices":1},{"filedOn":"2026-03-21","regulatoryAum":247408500,"clients":55,"employees":1,"offices":1}],"secFileNumber":"801-66245","legalName":"Kral Financial Advisors, LLC","displayName":"Kral Financial Advisors","slug":"kral-financial-advisors-138959","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2006","organization":"Michigan limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"17 February 2006","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":247408500,"discretionary":234671800,"discretionaryAccounts":344,"nonDiscretionary":12736700,"nonDiscretionaryAccounts":33,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":null,"fewerThan5":true,"regulatoryAum":1915600},{"label":"High-net-worth individuals","clients":55,"regulatoryAum":245492900}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"marginal","fee_tiers":[{"to":500000,"pct":0.8,"from":0},{"to":1000000,"pct":0.7,"from":500000},{"to":1500000,"pct":0.6,"from":1000000},{"to":2000000,"pct":0.5,"from":1500000},{"to":null,"pct":0.4,"from":2000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023081","versionId":1023081,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-21","documentName":"KRAL FINANCIAL ADVISORS LLC FORM ADV PART 2A - MARCH 2026","fee_rate_low":0.4,"fee_rate_high":0.8,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":3500},{"role":"other","program":"Financial planning and consulting","summary":"Financial planning and consulting is billed at $300 an hour or a flat project fee, with a $2,500 minimum for a comprehensive financial plan.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023081","versionId":1023081,"submittedOn":"2026-03-21","documentName":"KRAL FINANCIAL ADVISORS LLC FORM ADV PART 2A - MARCH 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:23:30.2586+00:00","documents":[{"name":"KRAL FINANCIAL ADVISORS LLC FORM ADV PART 2A - MARCH 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023081","versionId":1023081,"submittedOn":"2026-03-21"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":206738500}],"custodyNote":"Kral Financial Advisors has custody of $43.5M in client assets for 23 clients.","otherCustodians":[],"leadership":[{"name":"Kevin Kral","title":"President and Chief Compliance Officer","crd":"2719340"}],"ownership":[{"label":"Kevin Kral","detail":"President and chief compliance officer in the 75% or more ownership band and a control person, since February 2006."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"brochureServices":["business succession planning","education planning","estate planning","philanthropic planning","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"734-354-9720","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Other"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":94},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"21 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/138959/PDF/138959.pdf","brochureDate":"21 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023081","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Kral Financial Advisors have?","answer":"Kral Financial Advisors has 55 clients and manages $247 million for them, as of March 2026. They include 55 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 21 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Kral Financial Advisors offer?","answer":"Kral Financial Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, business succession planning, education planning, estate planning, philanthropic planning, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Kral Financial Advisors charge?","answer":"Kral Financial Advisors charges 0.40%–0.80% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $3,500 annual minimum.","source":"KRAL FINANCIAL ADVISORS LLC FORM ADV PART 2A - MARCH 2026, filed 21 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Kral Financial Advisors use?","answer":"Kral Financial Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $207M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Kral Financial Advisors have?","answer":"Kral Financial Advisors has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Kral Financial Advisors invest in?","answer":"At the end of its last fiscal year, Kral Financial Advisors’ separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 3% exchange-traded equities and 3% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Kral Financial Advisors?","answer":"Kral Financial Advisors’ direct owner is Kevin Kral (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 21 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Kral Financial Advisors get paid?","answer":"Kral Financial Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Kral Financial Advisors?","answer":"Its phone number is 734-354-9720.","source":"Form ADV Part 1A, Item 1.F, filed 21 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}