M. Kraus & Company

M. Kraus & Company, established in 1996, is a registered investment adviser offering discretionary and non-discretionary investment management services to individuals, trusts, retirement plans, charitable institutions, and corporations. The firm creates customized portfolios primarily consisting of individual equities, preferred stocks, fixed income securities, and cash equivalents, with occasional use of mutual funds. Clients can choose from three client objectives: Capital Appreciation, Balanced Growth, or Current Income, which guide the asset allocation strategy. The firm provides limited financial planning services at no additional cost. M. Kraus & Company operates on a fee-only basis, with fees based on a percentage of assets under management. The fee schedule is tiered, with discounts available for non-profit organizations. The firm does not sell commissioned products, act as a custodian, or accept commissions or finder's fees. Clients have full ownership and control of their assets held by an independent custodian. The firm's investment philosophy is long-term, diversified, and value-oriented, primarily utilizing fundamental analysis. M. Kraus & Company does not engage in performance-based fees, and clients must have a minimum account size of $500,000, which may be negotiable. The firm emphasizes transparency, ethical conduct, and client-focused services.