For the sixth time in firm history, Krilogy® has earned a spot on the St. Louis Business Journal’s annual list of the region’s fastest growing privately held companies. Krilogy® is ranked at #49 on the 2021 list, with a three-year growth rate of 41%.
The firm was recognized multiple times in 2021 for its growth, including its eighth appearance on the Inc. 5000 list of the nation’s fastest growing companies. Krilogy® is also listed among the largest Registered Investment Advisory Firms by the Financial Times and Financial Advisor Magazine, and among the largest asset managers in St. Louis by the St. Louis Business Journal.
“Krilogy’s growth has been very deliberate, always focused on delivering the most value to clients while continuing to foster our values-based culture,” said Kent Skornia, President and CEO. “Today, we provide the most comprehensive offering of wealth management services, from asset allocation and portfolio management to in-house tax and estate planning services. No other firm in the region has the resources and level of teamwork we do to get things done for clients.”
Krilogy® Tax was established in 2017 to create a value-added service to the firm’s clients. The tax team works closely with Krilogy® wealth managers to develop tax efficient wealth strategies for clients. Clients may also choose for Krilogy® Tax CPAs to prepare annual tax returns and other filings. Krilogy® Law launched in 2020 as the final pillar of wealth management – estate planning and wealth transfer – as advisors recognized that this critical piece was likely to be overlooked, or left unmanaged in traditional financial planning scenarios. The addition of both services, tax and estate, filled two much needed gaps and created and enhanced level of client service.
“Clients have expressed a great deal of appreciation for the proactive, full-scale approach that we’re taking to managing and protecting their assets,” said Skornia. “This gives them peace of mind and confidence for the future because we’ve helped them tie up the loose ends that perhaps they’ve been putting off, or hadn’t paid close attention to. That’s our job. It creates loyalty, builds deeper relationships and, ultimately, leads to purpose-driven growth.”
In addition to receiving recognition for the firm’s growth, Krilogy® has also been honored for its commitment to culture and a values-based environment. In 2021, Krilogy® was named one of the Best Places to Work for Advisors by Investment News Magazine, a Best Place to Work by Inc. Magazine and the St. Louis Business Journal, and a Top Workplace by the St. Louis Post-Dispatch.
Krilogy® manages $2 billion in assets for individuals, families and company-sponsored retirement plans. The firm currently has three offices in the St. Louis region, and serves clients across the United States.