Klingenstein, Fields & Co

What Klingenstein, Fields & Co does

Klingenstein Fields Advisors (KF Advisors) is an independently owned SEC-registered investment adviser founded in 1989, operating through two affiliated legal entities — Klingenstein, Fields & Co., L.P.® and KF Group, LP. The firm provides customized wealth planning and investment management to high-net-worth and ultra-high-net-worth individuals, families, foundations, and nonprofit organizations. It is headquartered at 125 Park Avenue in New York City with a secondary office in West Palm Beach, FL, serving clients primarily across the Northeast and Southeast US.

The firm's service platform integrates three pillars: Wealth Planning, a Customized Portfolio (research-based investment management spanning traditional and alternative investments), and Investment Management with oversight from senior partners. Each client is served by a dedicated advisory team, with full access to senior executives including Co-CEOs Kenneth D. Pollinger and James W. Fields. Revenue is generated primarily through AUM-based advisory fees, with additional planning and advisory fees for estate, charitable, business-transition, and multi-generational wealth strategies. The firm operates on a fiduciary basis under the Investment Advisers Act of 1940 and has received sustained third-party recognition — FA Magazine Top RIA in the $1B+ cohort (2024 and 2026), Barron's Top 100 RIA Firms (2024), and the Financial Times FT 300 (2018). No proprietary technology or AI/ML capability is disclosed; the firm's competitive position rests on relationship quality, multi-generational client retention, and senior-led portfolio construction.

Name

Klingenstein, Fields & Co

Legal name

Klingenstein, Fields & Co., L.P.®

Website

https://klingenstein.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Klingenstein Fields Advisors (KF Advisors) is an independently owned SEC-registered investment adviser founded in 1989 that provides customized wealth planning and investment management to high-net-worth and ultra-high-net-worth individuals, families, foundations, and nonprofit organizations in the Northeast and Southeast US.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSAAACAA

Comprehensive/Full-Service RIAs & Independent Wealth Managers

Financial & Insurance/Asset & Wealth Management/Registered Investment Advisors (RIAs) & Independent Wealth Managers

SECONDARYFSAAACAB

Financial Planning–Led RIAs

Financial & Insurance/Asset & Wealth Management/Registered Investment Advisors (RIAs) & Independent Wealth Managers

SECONDARYFSAEAKAC

Estate Planning & Trust Structuring Advisory

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Fiduciary, Trust & Estate Advisory

Keywords

• Wealth management services
• Investment advisory
• Estate planning
• Portfolio management
• Financial planning

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Advisory and Wealth Planning Services: KF Advisors generates revenue through investment advisory fees, typically assessed as a percentage of assets under management (AUM). The firm also earns fees for comprehensive wealth planning services including estate planning, charitable giving strategies, and multi-generational wealth transfer planning. As an SEC-registered investment adviser operating since 1989, the firm serves high-net-worth and ultra-high-net-worth clients with customized portfolios spanning traditional and alternative investments.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Klingenstein, Fields & Co (operating as Klingenstein Fields Advisors) is an independently owned, SEC-registered investment adviser that delivers customized wealth planning and investment management services to high-net-worth and ultra-high-net-worth individuals, families, foundations, and nonprofit organizations. The firm offers three integrated core services: Wealth Planning, Customized Portfolio construction, and Investment Management, built around fiduciary, research-based advice using traditional and alternative investments.

Product overview

Klingenstein Fields Advisors (KF Advisors) is an independently owned SEC-registered investment adviser offering a unified wealth management platform comprising three core service areas: Wealth Planning, Customized Portfolio/Investment Management, and Investment Management. The firm provides customized wealth planning and investment management designed around unique client goals, serving high-net-worth and ultra-high-net-worth individuals, families, foundations, and nonprofit organizations. The services work together as an integrated advisory approach where wealth planning informs the customized portfolio strategy, and senior professionals oversee both to ensure disciplined stewardship aligned with each client's evolving needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Planning Comprehensive wealth planning service that addresses short- and long-term cash management, asset preservation, and growth requirements, including estate and trust planning, charitable giving strategies, multi-generational wealth transfer, and business transition planning. Designed for high-net-worth and ultra-high-net-worth individuals, families, foundations, and nonprofit organizations.
• Customized Portfolio Collaborative, research-based portfolio construction tailored to each client's unique goals using a full range of traditional and non-traditional (alternative) investments. Incorporates the thinking of KF Advisors' most senior investment and planning professionals to deliver disciplined, consistent investment management.
• Investment Management Disciplined and consistent investment management service overseeing client portfolios with senior professional oversight, designed to preserve and grow client assets across market cycles. Used by high-net-worth and ultra-high-net-worth individuals, families, foundations, and nonprofit organizations.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Glenmede: Independently owned investment and wealth management firm with deep multi-generational family-office capabilities. Directly comparable as a private, fiduciary-focused RIA serving HNW/UHNW clients and foundations with integrated planning and discretionary investment management.
• Bessemer Trust: Privately held, multi-generational wealth and investment management firm serving HNW and UHNW families. Highly comparable in business model (integrated wealth planning + investment management, fee-based, family-office style services) and target client segment.
• HighTower Advisors: Privately held RIA platform serving HNW clients through partner-led advisory teams. Comparable client segment and advisor-led model, though structured as a multi-partner platform rather than a single integrated firm.
• Rockefeller Capital Management: Privately held wealth and investment management firm serving UHNW and HNW families with integrated planning, family office services, and discretionary portfolio management. Comparable client segment and service mix.
• Pathstone: Independent, privately held RIA serving ultra-affluent families, foundations, and endowments with integrated family office services. Comparable target client base and integrated advisory model.
• GenSpring Family Offices: Multi-family office serving HNW/UHNW families with integrated wealth planning, investment management, and family governance services. Comparable in client segment and integrated wealth planning approach.
• Crestwood Advisors: Independently owned, fee-only RIA serving HNW individuals, families, and institutions with integrated wealth planning and investment management. Directly comparable in fiduciary, fee-only structure and client segment.
• Brown Brothers Harriman (BBH Wealth Management): Long-standing private partnership offering wealth management to HNW individuals, families, and institutions. Directly comparable in fiduciary private-partnership structure, integrated planning, and multi-generational focus.

Broad incumbents

• Northern Trust Wealth Management: Large, publicly traded custodian-bank wealth manager offering investment management, trust, and family office services to HNW/UHNW clients. Overlaps in client segment but operates at much greater scale and with banking and custody services KF Advisors does not offer.
• CIBC Private Wealth: Wealth management arm of CIBC providing integrated advisory, investment management, and planning to UHNW families in the U.S. Overlaps in target segment but is part of a larger financial institution rather than an independent RIA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/klingenstein-fields
• Instagraminstagram.com/klingensteinfieldsadvisors
• Xx.com/kfwa1

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments10 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Klingenstein, Fields & Co