Kingdom Financial Group Account Type

Kingdom Financial Group LLC offers a variety of account types tailored to meet the diverse needs of its clients. The firm primarily serves individuals and small businesses, focusing on financial planning and portfolio management. The accounts are generally categorized into discretionary accounts, where the firm makes investment decisions on behalf of the client, and non-discretionary accounts, where clients retain control over their investment decisions. The firm manages approximately $107.07 million in assets across 751 client accounts, with an average account size of $142,570. The minimum investment required to open an account is typically $25,000, although exceptions may be made based on individual client circumstances.

Kingdom Financial Group Broker Account Opening Process

Opening an account with Kingdom Financial Group involves a straightforward process:

• Select Account Type: Choose between discretionary and non-discretionary accounts based on your investment preferences and needs.

• Provide Personal Information: Complete the application form by providing essential personal information, including your name, address, social security number, and financial background.

• Verification Process: Submit proof of identity and residence, such as a government-issued ID and a recent utility bill, to verify your identity as required by law.

• Initial Deposit: Fund your account with a minimum deposit of $25,000, which can typically be done through electronic transfer from your bank.

• Account Setup: Once your application is approved and your initial deposit is processed, you will gain access to your account and can start trading.

This process ensures that clients are well-informed and supported as they begin their investment journey with Kingdom Financial Group.