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Kenneth Donnelly

Lexaurum Advisors
34 Years of Experience
Lee'S Summit, MO
View SEC Summary
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Kenneth Donnelly is a registered investment advisor at Lexaurum Advisors, based in Lee'S Summit, MO, with 34 years of industry experience. Kenneth operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 2 more. Their firm serves 2,230 clients with $1.3B in assets under management.

Lexaurum Advisors
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
35 advisors
Number of Clients
2,230 clients
Average Client Portfolio
$568K average
Assets Under Management
$1.3B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $2.0M2.00%
$2.0M - $5.0M1.75%
$5M+1.50%

Fees are negotiable on a case-by-case basis. For accounts managed using Pontera, fees will not be below 0.25%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Lee'S Summit, MO

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Kenneth owns The Donnelly Company, LLC, providing tax preparation and accounting services, taking about half of his time. He also owns Best Tax Resolution and collects book royalties as an author.

Employment History
Current Registrations
Lexaurum Advisors
September 2019 - Present · 7 yrs 1 mo
Previous Registrations
Avantax Advisory Services
July 2009 - October 2019 · 10 yrs 3 mos
Avantax Investment Services, INC.Broker
July 2009 - October 2019 · 10 yrs 3 mos
Waddell & Reed, INC.
August 2006 - January 2009 · 2 yrs 5 mos
Waddell & Reed, INC.Broker
April 2006 - January 2009 · 2 yrs 9 mos
Waddell & Reed, INC.Broker
October 2004 - April 2006 · 1 yr 6 mos
Ing Financial Partners, INC.Broker
January 2004 - November 2004 · 10 mos
Locust Street Securities, INC.Broker
August 2003 - January 2004 · 5 mos
H.D. Vest Investment Securities, INC.Broker
August 1991 - December 1999 · 8 yrs 4 mos
Prime Investors, INC.Broker
August 1989 - July 1990 · 11 mos
Hanover Investment Securities, INC.Broker
June 1987 - August 1989 · 2 yrs 2 mos
First American National Securities, INC.Broker
February 1987 - June 1987 · 4 mos
State Registrations1 state
MO
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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