KM Financial

What KM Financial does

KM Financial Company LLC is an independent, privately-held financial advisory firm founded in the early 1990s by Harriett MacDonald, a former schoolteacher who transitioned into financial advising. The firm is headquartered at 20789 Harper Avenue in Harper Woods, Michigan, and serves clients across Macomb and Oakland Counties in Southeast Michigan. Today it is led by third-generation owner Lillian Kozak, who holds FINRA Series 7, 63, and 65 licenses and the Accredited Investment Fiduciary (AIF) designation.

The firm's core offering is personalized financial planning for individuals and families, covering budgeting, insurance, college savings, charitable giving, estate planning, retirement planning, and investment strategies. Securities are offered through an affiliation with Sigma Financial Corporation (Member FINRA/SIPC) and advisory services through Sigma Planning Corporation, a registered investment advisor — KM Financial is independent of both entities. The firm has no proprietary technology platform, no app, and no API; supporting client engagement is a web-based Learning Center of financial calculators, research articles, and monthly newsletters, plus direct client meetings and ongoing annual reviews.

KM Financial operates as a sales-led, direct advisory practice on a fee-based recurring revenue model. It does not publicly disclose pricing, revenue, or headcount, and the source material describes it as a small boutique firm. The go-to-market is relationship-driven and local, supplemented by organic content marketing on LinkedIn, Facebook, and email, plus community events such as pickleball tournaments. There is no venture, private equity, or institutional investment ownership identified.

Name

KM Financial

Legal name

KM Financial Company LLC

Website

https://kmfinancialonline.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Short description

KM Financial is an independent, privately-held boutique financial advisory firm based in Harper Woods, Michigan, offering personalized financial planning to individuals, families, and small businesses in Southeast Michigan through Sigma Financial Corporation and Sigma Planning Corporation affiliations.

Ownership category

akta.pro rank

Product category

Financial Advisory Services

NAICS

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

SIC

Investment Advice (6282)

akta.pro primary industry

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)

Keywords

• Financial advisory services
• Retirement planning
• Estate planning
• Investment management
• Insurance products

Headquarters

HQ city

Harper Woods

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Financial Advisory Services: Fee-based financial planning and advisory services offered to individuals and families. Securities products are offered through Sigma Financial Corporation (Member FINRA/SIPC) and advisory services through Sigma Planning Corporation, a registered investment advisor.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

KM Financial is a boutique financial advisory firm that provides personalized financial planning, retirement planning, estate planning, investment advisory, college savings, charitable planning, and insurance placement services to individuals, families, and small businesses. Securities are offered through Sigma Financial Corporation (FINRA/SIPC member) and investment advisory services through Sigma Planning Corporation (SEC Registered Investment Adviser).

Product overview

KM Financial is a financial advisory firm offering a comprehensive suite of financial planning services. The core offering consists of personalized financial planning advisory services including insurance (life, health, home, car), college savings plans, custom budgeting, charitable planning, estate planning, retirement planning, investment strategies, and document management. Supporting these core services are educational tools including financial calculators (covering home affordability, retirement, taxes, college funding, and more), research articles covering estates & trusts, retirement, tax planning, investing, cash management, and risk management topics, and monthly newsletters on current financial topics. The firm operates through Sigma Financial Corporation for securities products and Sigma Planning Corporation for advisory services.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Planning Services Comprehensive personalized financial planning service for individuals, families, and small businesses covering goal-setting, budgeting, and coordinated planning across life stages.
• Insurance Services Placement of insurance products (life, disability, and other personal insurance) for individuals and families, offered through the firm's brokerage and advisory channels.
• Retirement Planning Retirement income, accumulation, and distribution planning for individuals and families approaching or in retirement.
• Estate Planning Estate planning guidance for individuals and families, including wealth transfer and legacy planning, coordinated with the firm's investment and insurance offerings.
• Investment Strategies Investment advisory services, including securities offered through Sigma Financial Corporation (FINRA/SIPC member) and advisory services through Sigma Planning Corporation (SEC Registered Investment Adviser).
• College Savings Plans Education funding planning, including 529 college savings plan selection and contribution strategies for families.
• Custom Budgeting Personalized budgeting and cash-flow planning for individuals and families as part of the firm's broader financial planning service.
• Charitable Planning Charitable giving strategies for individuals and families, including donor-advised funds and gifting strategies coordinated with estate and tax planning.
• Document Management Client document management support as part of the firm's ongoing advisory service to individuals and families.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Sigma Financial CorporationcoreChannel Partner/ Reseller/ DistributorSecurities products offered through Sigma Financial Corporation, Member FINRA/SIPC. KM Financial operates as an independent firm affiliated with but not owned by Sigma Financial Corporation.
• Sigma Planning CorporationcoreChannel Partner/ Reseller/ DistributorAdvisory services offered through Sigma Planning Corporation, a registered investment advisor. KM Financial provides planning services under this affiliation.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• LPL Financial: Largest independent broker-dealer in the U.S., supporting thousands of independent advisors who provide comprehensive financial planning. Direct functional analog to KM Financial's broker-dealer/RIA affiliation model.
• Ameriprise Financial: Diversified financial services firm with a large franchise of independent advisors providing holistic planning, investment, and insurance solutions to households — overlapping materially with KM Financial's service suite.
• Cetera Financial Group: Independent broker-dealer and registered investment advisor supporting independent financial professionals serving individuals and small businesses with planning, investment, and insurance products.
• Northwestern Mutual: Combines life insurance with financial advisory and planning services delivered through a network of financial representatives. Comparable to KM Financial in combining insurance and holistic planning for individuals and families.
• Raymond James Financial Services: Independent broker-dealer supporting a network of financial advisors offering investment, retirement, and financial planning services to individuals — closely aligned business model to KM Financial's Sigma-affiliated practice.

Emerging players

• Facet Wealth: Digital-first financial planning firm delivering flat-fee advice to individuals and families nationwide. Represents the digitally-enabled, scaled advisory model that competes for KM Financial's mass-affluent client base.
• Carson Group: Independent advisor support platform providing coaching, technology, and back-office services to financial advisors serving individuals and families. Comparable in serving the same client type with a partnership model.
• Hightower Advisors: Fast-growing independent RIA that acquires and partners with advisor teams to deliver wealth management and financial planning services to high-net-worth individuals and families — a strategic roll-up model targeting the same boutique segment KM Financial occupies.

Direct peers

• Edward Jones: Large network of independent financial advisors serving individuals and families with comprehensive financial planning. Closely comparable in advisor-led, relationship-driven service model even though Edward Jones operates at far greater scale.

Others

• Sigma Financial Corporation: Independent broker-dealer through which KM Financial offers securities; Sigma's network includes many other affiliated independent advisors of similar size and client mix, making it the most structurally comparable peer set even though KM Financial is an affiliate rather than a competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php?id=61554983541466
• LinkedInlinkedin.com/company/km-financial

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 KM Financial