Payden/kravitz Investment Advisers LLC

Payden/Kravitz Investment Advisers LLC is an SEC-registered investment adviser specializing in fixed income and equity investment counsel. Founded in 2008, the firm is owned by Payden & Rygel and kPlans Investment Service, Inc. Payden/Kravitz manages a strategy tailored for cash balance pension plans, with $117 million in client assets managed on a discretionary basis as of December 31, 2021. The firm charges fees based on assets under management, with a minimum account size of $50 million for the Cash Balance Fee with Individual Securities. Payden/Kravitz does not charge performance-based fees and primarily serves institutional clients, including pension and profit-sharing plans. The firm exercises investment discretion over client accounts, tailoring services to individual needs within agreed-upon guidelines. Clients receive monthly and quarterly reports detailing asset holdings, transactions, and performance. Payden/Kravitz does not have custody of client funds or securities and has a Proxy Voting Policy to vote client securities in their best interests. The firm's Code of Ethics emphasizes fiduciary duty, and employees are monitored to ensure compliance with trading policies. Payden/Kravitz has no disciplinary history or financial impairments that could affect client commitments.