M.z. Kark & Associates, Inc

M.Z. Kark and Associates is a Registered Investment Advisor established in 1980, specializing in family-owned wealth management services. The firm offers asset management services, primarily advising on mutual funds, exchange-traded funds, and separately managed accounts. Clients' assets are allocated among various investment categories based on risk tolerance, with the option to impose investment restrictions. The firm may recommend third-party money managers to actively manage client portfolios. M.Z. Kark and Associates custody clients' assets at Morgan Stanley and TD Ameritrade, with clients engaging in a wrap fee arrangement directly with Morgan Stanley. The firm's fees for asset management services are generally based on total assets under management and are paid quarterly. Clients may also pay consulting fees based on their needs. The firm does not accept performance-based fees and serves individuals, business owners, and trusts without hard minimum requirements. Investment strategies include traditional asset allocation models with a focus on various asset classes. The firm emphasizes transparency, fiduciary responsibility, and client interests in its business practices. Clients receive regular portfolio reviews and statements for transparency and accountability. M.Z. Kark and Associates does not receive compensation for client referrals and maintains strict ethical standards outlined in its Code of Ethics. The firm does not have exclusive brokerage relationships and does not engage in soft dollar arrangements. Clients' privacy and data security are prioritized, with policies in place to safeguard personal information. In the event of trade errors, the firm aims to rectify the situation to ensure clients' accounts are restored. Additionally, the firm may assist clients in locating information related to class action settlements but does not initiate or participate in litigation on clients' behalf.