Al Devji
Al Devji is a registered investment advisor at Kruse Asset Management, LLC, based in Chicago, IL, with 32 years of industry experience. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 186 clients with $140M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.75% |
| $100K - $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5M+ | 0.80% |
Schedule is for predominately (>70%) equity accounts. For predominately (>70%) fixed income accounts: < $100,000: 1.50%; $100,000 - 500,000: 1.25%; $500,000 - $1,000,000: 1.00%; $1,000,000 - $5,000,000: 0.75%; >$5,000,000: 0.50%. Fees may be negotiated but will be limited on the low side by the fixed income schedule and on the high side by the equity schedule. This pricing schedule does not generally apply to Kruse Asset Management’s proprietary quantitative strategies.
Fee Estimator
Location
216 S Jefferson Street, Suite 302, Chicago, IL, 60661-5743
Get directionsHistory
Regulatory History (2)
Customer Dispute
August 2010Judgment / Lien
May 1995Other Business ActivitiesSells Insurance
Al owns Devji Wealth Management, where he sells and services health, property, and casualty insurance, dedicating about a quarter of his time. He is also an Investment Advisor Representative with Kestra Advisory Services, LLC, providing investment advisory services.
Employment History
Current Registrations
Kruse Asset Management, LLC
Previous Registrations
Kestra Advisory Services, LLC
Kestra Investment Services, LLCBroker
NFP Advisor Services, LLC
MML Investors Services, LLC
MML Investors Services, LLCBroker
Metlife Securities INC.
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.