KB Financial Companies, LLC

Overview

KB Financial Companies describes itself as a multidisciplinary financial ecosystem. Its platform includes KB Wealth, KB Family Office and KB Corporate Advisory, bringing together services intended to address interconnected personal, family and business needs.¹

History

KB Financial Companies traces its roots to 1983. The firm says it formalized its Family Office Services in 2017, assigning each client a Family Office Specialist supported by a multidisciplinary team.²

Timeline

1. 1983KB Financial Companies traces its roots to 1983.
2. 2017The firm says it formalized its Family Office Services in 2017, assigning each client a Family Office Specialist supported by a multidisciplinary team.

Leadership

The team page lists Mark I. Massad as Senior Managing Director, Corporate Advisory; William H. Damora as Vice President, Wealth Management; Vicky Dionne as Managing Director, Family Office Services; and Chris Velis as Senior Director, Tax Services.³

Other listed leaders include Steven Turi, Chief Investment Officer; Andrew Melnick, Chief Investment Strategist; James D. Kaplan, Senior Vice President, Retirement Services; and Matthew Rozzi, Vice President, Operations.³

KB Financial says it assembles client teams around each client’s needs, skills, experience and aspirations, with senior-management involvement when appropriate. The website states that investment advice is offered through OneDigital Investment Advisors, an SEC-registered investment adviser and OneDigital subsidiary.³

Services

KB Family Office provides financial administration, risk-management coordination, property-management support, wealth-transfer planning, family-management services and security coordination.²

Its family-office work includes bill pay, cash-flow management, oversight of estate and insurance planning, tax planning, real-estate services, charitable-giving planning, foundation administration and elder-care management.²

KB Corporate Advisory provides strategic advisory and full capital-markets services for family-owned and entrepreneurial businesses.¹

What the firm offers

• Tax planning
• Philanthropy
• Administration and bill pay
• Risk and insurance

Client Focus

The firm serves high-net-worth families, entrepreneurs and key stakeholders. Its integrated platform can address family administration, wealth planning, business advisory and related financial needs through coordinated specialist support.¹²

Approach

KB Financial describes its approach as multidisciplinary and client-centered, with teams assembled around each client’s circumstances, goals and priorities. Family Office Specialists coordinate support from professionals across the firm’s service areas.²³

FAQs

Related resources

• LocationMultifamily offices in New Jersey

  The Multifamily offices in NJ page gives a regional starting point for comparing firms that serve wealthy families and business owners. It can help readers consider how services such as tax planning, philanthropy, bill payment, insurance, and administration may fit their household or company needs in New Jersey.

• Network siteCapitalGainsTax.com

  CapitalGainsTax.com provides guides on capital gains tax and planning considerations. Readers evaluating KB Financial Companies can use this material to frame questions about investment sales, tax planning, philanthropy, and the effects of transactions on family wealth or business interests.

• Network siteFamilyBusinesses.com

  FamilyBusinesses.com offers a directory and playbooks focused on family-owned companies. Business owners and family members can use it to identify governance, succession, tax, insurance, and administration questions that may shape a broader advisory relationship for the family and its key stakeholders.

• GuideMultifamily office fees

  The Multifamily office fees page explains common cost structures and questions to ask when reviewing an engagement. It gives a wealthy family or entrepreneur a basis for discussing how fees may relate to tax planning, bill pay, insurance, administration, and other requested services.

• Similar firmsParisi Gray Wealth Management, LLC
  BRAVE Family Advisors
  Integrated Financial Partners

  Profiles for Parisi Gray Wealth Management, LLC, BRAVE Family Advisors, and Integrated Financial Partners provide additional points of comparison on this site. Reviewing those firms alongside KB Financial Companies can help readers organize questions about client type, service mix, wealth management, risk, tax planning, and family support.

Sources

1. KB Financial Companies
2. KB Family Office Services
3. KB Financial Companies Team

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.