What KSP Financial Consultants does

KSP Financial Consultants is an independent Registered Investment Adviser (RIA) founded in 1993 and headquartered in Newton, Massachusetts. The firm provides fee-based financial advisory services to high-net-worth individuals and families with more than $1.5 million in investable assets, including executives, professionals, pre-retirees, retirees, entrepreneurs, and company directors. Its service suite spans six core areas: Retirement Planning, Investment Management, Estate Planning, Risk Management, Tax Planning, and Interim Life Objectives, delivered through a fiduciary, relationship-based model by a small team led by Founder/CIO Matthew J. Sliwa III, CFP®, CFA® and Partner Andrew Karelis, AIF®.

The firm's technology stack is entirely provided through its affiliated broker/dealer, Commonwealth Financial Network, rather than built in-house. KSP leverages Commonwealth's integrated web-based systems including Investor360 for client account access, eMoney and MoneyGuidePro for financial planning, RightCapital, and WealthScape, alongside equity research feeds from MStar, FactSet, and Value Line. This platform approach allows a 5-person practice to deliver institutional-grade portfolio construction, asset allocation research, and consolidated reporting without internal technology investment, while NFS (a Fidelity subsidiary) provides clearing and custody with SIPC and excess coverage.

KSP generates revenue through recurring fee-based advisory arrangements on client assets under management, operating on a fiduciary standard. The firm markets and acquires clients primarily through referrals and professional networking, supplemented by ongoing financial education content (articles, market commentary, calculators) published through its website. Growth has historically been organic, with leadership continuity maintained through the 2020 transition of Founder Jeffrey Karelis to Partner Emeritus and the 2024 return of Andrew Karelis as Partner. KSP has not pursued external funding, acquisitions, or new geographies, and operates principally within Massachusetts with state-by-state advisor registration as required.

Name

KSP Financial Consultants

Legal name

KSP Financial

Website

https://kspfinancial.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

KSP Financial Consultants is an independent Registered Investment Adviser in Newton, Massachusetts that provides fee-based financial planning, investment management, retirement, estate, and tax advisory services to high-net-worth individuals, executives, and families with more than $1.5 million in investable assets.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Comprehensive Financial Planning (FSAEAAAA)

akta.pro secondary industries

Financial Planning–Led RIAs (FSAAACAB), Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE), Fee-Based Advisory (FSAEAAAM)

Keywords

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

Headquarters

HQ city

Waltham

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Financial Advisory and Planning Fees: Fee-based advisory services for comprehensive financial planning, investment management, and related services. The firm operates on a fiduciary standard, providing objective financial advice in clients' best interest.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

KSP Financial Consultants is an independent Registered Investment Adviser providing comprehensive financial advisory and wealth management services. The firm delivers personalized, fee-based fiduciary planning across retirement, investment management, estate, risk, tax, and life-event planning for high-net-worth individuals and families, typically those with more than $1.5 million in investable assets. Advisory operations are supported by Commonwealth Financial Network's technology, research, and compliance infrastructure.

Product overview

KSP Financial Consultants offers a comprehensive suite of financial advisory services centered around a holistic financial planning approach. The core offering includes six integrated service areas: Retirement Planning, Investment Management, Estate Planning, Risk Management, Tax Planning, and Interim Life Objectives. Services are delivered through a fiduciary model with CFP and CFA certified advisors who provide personalized, customized financial plans. The firm also provides client account access through multiple online portals and offers supplementary financial calculators and educational resources to support client decision-making.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Planning Comprehensive retirement planning services including solutions for personal savings, IRAs, and employer-sponsored retirement plans to help clients achieve their ideal retirement lifestyle.
• Investment Management Asset allocation and alternative investment management services tailored to client risk/return profiles, including assistance with strategic investment decisions and portfolio construction.
• Estate Planning Legacy planning services to help clients preserve and transfer wealth to loved ones according to their wishes.
• Risk Management Identification and mitigation of personal and professional financial risks to protect client assets and savings against market volatility.
• Interim Life Objectives Financial planning for life transitions and opportunities such as major purchases, education funding, and other enriching experiences.
• Tax Planning Tax-efficient financial planning integrated with CFP® and CFA® certified advisor expertise to help clients save on taxes through strategic planning.
• Client Account Access Portal Online client portal providing access to detailed account information and monthly consolidated statements through multiple platform options including Investor360, eMoney, MoneyGuide, RightCapital, and WealthScape.

Quantifiable outcome

• Team has over 50 years of combined financial services experience
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Commonwealth Financial NetworkcoreTechnology or IntegrationCommonwealth Financial Network is a Registered Investment Adviser-broker/dealer that provides the infrastructure, technology platform, research resources, compliance supervision, and support services that enable KSP Financial to serve clients. Commonwealth oversees total account assets of $344 billion (as of December 31, 2024) and provides access to independent market research, financial planning expertise, and a wide universe of investment options.
• National Financial Services LLC (NFS)coreTechnology or IntegrationNFS, a subsidiary of Fidelity Investments, provides clearing, custody, and other brokerage services to Commonwealth Financial Network. NFS is an industry leader providing services including trade execution, statement generation, and comprehensive tax reporting. NFS provides SIPC protection and additional excess of SIPC coverage.
• Keith PhillipsminorOthersFounder of KSP Financial (UK-based, acquired by Suttons Independent Financial Advisors in March 2026). Following the acquisition, Keith Phillips transitioned to a consultancy role to ensure continuity for clients during the transition.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Edelman Financial Engines: Large independent RIA serving HNW and mass-affluent clients with comprehensive financial planning, investment management, and retirement income solutions — directly overlapping service suite and fiduciary model with KSP, with national scale.
• Commonwealth Financial Network: KSP's own RIA-broker/dealer partner and an independent IBD/RIA platform supporting thousands of advisors. As the affiliation platform, Commonwealth provides a directly comparable go-to-market model (independent advisor, fee-based, HNW-targeted) but operates as an infrastructure provider rather than a consumer-facing advisory firm.
• Creative Planning: Large, independent fee-only RIA serving HNW clients with comprehensive financial planning, investment management, and tax services — same fiduciary model and holistic-service orientation as KSP, but at vastly greater scale and a national footprint.
• Schwab Private Client: Charles Schwab's dedicated advisory service for HNW households offering personalized financial planning, investment management, and concierge service — competes directly for the same $1M+ HNW clients KSP targets, but at significantly lower fee points backed by Schwab's scale and custody platform.
• Fisher Investments: Large independent investment management firm serving HNW individuals and institutions with discretionary portfolio management and personalized advice — comparable HNW orientation and fee-based model, though more asset-allocation/product-led than planning-led.
• Mariner Wealth Advisors: National independent RIA offering comprehensive financial planning, investment management, and family-office services to HNW individuals — directly comparable service mix to KSP with the same fiduciary positioning, but multi-billion-dollar AUM scale.
• Carson Group: Independent wealth management firm and RIA rollup offering holistic financial planning, investment, tax, and coaching services to HNW households and the advisors who serve them — directly comparable holistic-service model and fiduciary positioning to KSP.
• Northwestern Mutual Wealth Management: Comprehensive financial planning and wealth management services for HNW individuals, including retirement, investment, estate, and insurance planning — overlaps broadly with KSP's six service pillars, though embedded within a much larger insurance-led enterprise.

Direct peers

• Bessemer Trust: Private wealth and investment management firm exclusively serving HNW families and foundations with comprehensive planning, investment management, and estate services — a closest-match peer in terms of HNW client focus, fiduciary model, and holistic-service suite, though at substantially higher AUM thresholds.

Emerging players

• True Wealth Design: Smaller independent RIA providing fee-based comprehensive financial planning and investment management to HNW individuals — comparable service model, fiduciary standard, and target client, but typically serving clients below KSP's $1.5M threshold.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about KSP Financial Consultants