Kava Financial LLC provides ongoing portfolio management and financial planning services to individuals and high-net-worth clients. Founded in 2025 and based in Northville, Michigan, the firm builds customized investment portfolios using mutual funds, exchange-traded funds, fixed income securities, and equities based on each client's unique goals, risk tolerance, and time horizon. Kava Financial creates tailored Investment Policy Statements and operates with the authority to make trades on behalf of clients without prior consultation. In addition to investment management, the firm offers comprehensive financial planning covering areas such as retirement, taxes, life insurance, college savings, and debt management. Kava Financial requires a minimum account size of $25,000 to open an account, though this minimum may be waived at the firm's discretion.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Fees are generally negotiable. Minimum account size is $25,000, which may be waived at the firm's discretion.