Wealth manager, independent · Toledo, OH
KMG Fiduciary Partners, LLC
SEC-registered investment adviser · CRD 298331 · SEC 801-113981
At a glance
KMG Fiduciary Partners, LLC is an SEC-registered investment adviser based in Toledo, Ohio, with $1.7B in regulatory assets under management as of its Form ADV filed May 12, 2026. It reports 1,301 individual clients, 403 of them high-net-worth, holding an average of about $1.3 million each, and 16 employees. That ranks it 650th among the nation’s 5,657 independent wealth management RIAs and 31st of 226 in Ohio. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 419-517-8040kmgfiduciarypartners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.7B
- Rank among independent wealth managers
- #650 of 5,657
- Rank among all SEC RIAs
- #4,011 of 17,210
- Rank in Ohio
- #31 of 226
- Individual clients
- 1,301
- High-net-worth clients
- 403
- Accounts
- 3,934
- Discretionary
- 100% of AUM
- Employees
- 16
- Advisory staff
- 10
- Offices
- 6
Owners and executives on its Form ADV
- David R. KaserManaging Member and Chief Compliance Officer
- Richard J. KaserManaging Member and Chief Investment Officer
- Aaron E. MechlingManaging Member and Chief Operating Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
KMG Fiduciary Partners, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 403 | $1.4B | 81% |
| Individuals | 898 | $297M | 18% |
| Pension and profit sharing plans | 9 | $14M | <1% |
| Charitable organizations | – | $2M | <1% |
| Corporations or other businesses | – | $0M | <1% |
Disciplinary disclosures
KMG Fiduciary Partners, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗kmgfiduciarypartners.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 8 years of filings
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- Growth over one, three and five years
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- Main office, fax and compliance officer
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Ohio
All of Ohio →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Pinnacle AdvisorsMansfield | $2.1B | 1,064 |
| Eubel Brady & SuttmanMiamisburg | $2.1B | 755 |
| Beese Fulmer Private Wealth ManagementCanton | $2.1B | 810 |
| Strategic Wealth Partners, LTD.Independence | $1.6B | 3,646 |
| Opus Capital ManagementCincinnati | $1.5B | 415 |
| Horan Wealth, LLCCincinnati | $1.5B | 1,408 |
Background
Questions
How much does KMG Fiduciary Partners, LLC manage?
KMG Fiduciary Partners, LLC reports $1.7B in regulatory assets under management across 3,934 accounts, 100% of it on a discretionary basis, on its Form ADV filed May 12, 2026.
How many clients does KMG Fiduciary Partners, LLC have?
It reports 1,301 individual clients: 403 high-net-worth individuals and 898 other individuals. Individuals account for about 99% of its regulatory assets.
Where is KMG Fiduciary Partners, LLC headquartered?
Its main office is in Toledo, Ohio. It reports 6 offices in total and 16 employees, 10 of whom perform investment advisory functions.
How does KMG Fiduciary Partners, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does KMG Fiduciary Partners, LLC use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed May 12, 2026, it reports these amounts held: Fidelity ($1.6B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is KMG Fiduciary Partners, LLC a hybrid RIA with a broker-dealer?
KMG Fiduciary Partners, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is KMG Fiduciary Partners, LLC a fiduciary?
As an SEC-registered investment adviser, KMG Fiduciary Partners, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is KMG Fiduciary Partners, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-05-12), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →