First Kentucky Securities Corp

First Kentucky Securities Corp (FKSC) is an SEC-registered investment adviser established in 2007, managing over $535 million in client assets as of September 30, 2023. The firm offers various investment advisory programs, including transaction-based brokerage accounts and fee-based advisory accounts. Clients can choose between these options based on their need for ongoing investment advice and trading frequency. FKSC sponsors the FKSC Wrap Fee Program, a customizable investment program offering advisory and brokerage services for an inclusive fee. Clients in this program have the option to grant discretionary authority to their portfolio advisor for managing their accounts. The annual fee for the program ranges from 0.60% to 2.00% based on assets under management and is billed quarterly in advance. FKSC may negotiate fees on a client-by-client basis. The program fees cover advisory services, administrative expenses, custody charges, and brokerage services. Clients may also incur additional charges for services not directly related to transactions. FKSC acts as a fiduciary for ERISA accounts, subject to specific duties and obligations. The firm follows a Code of Ethics, ensuring high ethical standards and compliance with federal securities laws. FKSC does not engage in solicitation or accept compensation for client referrals. Clients receive regular account reviews and reports summarizing performance, balances, and holdings. FKSC does not vote proxies on behalf of clients and provides consulting assistance for proxy issues upon client request. The firm's investment strategies include long-term purchases, short-term purchases, margin transactions, option writing, and asset allocation, among others. FKSC uses various methods of analysis, such as charting, fundamental analysis, technical analysis, quantitative analysis, and qualitative analysis, to formulate investment advice. The firm's portfolio managers are responsible for managing client assets and are evaluated based on their qualifications and experience. FKSC does not charge performance-based fees and discloses all material conflicts of interest to clients.