KP
KP

Kurt Propst

22 Years of Experience
Jefferson City, MO
Sells Insurance

Kurt Propst is a registered investment advisor at Arax Advisory Partners, based in Jefferson City, MO, with 22 years of industry experience. Kurt operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 7,305 clients with $11B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
94 advisors
Number of Clients
7,305 clients
Average Client Portfolio
$1.5M average
Assets Under Management
$11.3B

Fee Structure

Minimum Investment:$1M
Planning is included in investment management (also available separately)

Arax Advisory Partners provides investment management services for an annual fee based on the value of your portfolio. The fee varies depending on the size and complexity of your account and generally ranges from 0.50% to 2% per year. The fee is billed quarterly, either in advance or arrears. Clients may also incur additional fees charged by third parties, such as broker-dealers and custodians.

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Location

2413 Hyde Park Road, Jefferson City, MO, 63017

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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 ActivitiesSells Insurance

Kurt is a board member for Big Brothers Big Sisters and Concord Christian School, dedicating minimal time to each. He is also an insurance agent for Ash Brokerage, selling life insurance and spending about 10-20% of his time on this activity.

Employment History
Current Registrations
Arax Advisory Partners
August 2025 - Present · 9 mos
Previous Registrations
Summit Wealth Strategies
February 2016 - December 2025 · 9 yrs 10 mos
AXA Advisors, LLC
May 2003 - February 2016 · 12 yrs 9 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.
Kurt Propst - Financial Advisor | TrueAdvisor