BKD Relationships Result In Organic Growth

BKD Wealth Advisors, LLC (BKDWA), founded in 1998, is an independent wealth management firm for affluent families and institutions and currently manages more than $2.5 billion in assets. BKD prides themselves on building strong client relationships by providing comprehensive, professional, and trustworthy financial expertise.

Steven Toomey, a principal at BKD, leads the Benefit Plan Consulting division for the firm. Prior to joining BKDWA in 2002, Toomey served as an equity analyst for a multibillion-dollar mutual fund and as a senior institutional equity analyst for a regional investment brokerage firm where he recommended investment strategies to both domestic and international clients. Toomey currently provides investment services to affluent families, qualified retirement plans, corporations, governmental entities, foundations, and endowments.

BKDWA is a subsidiary the accounting firm BKD and was established on the foundation of creating a practice to address client’s wealth management questions. Toomey explains that currently, clients are most concerned about the future of the markets as a result of the 2016 presidential election. BKDWA is a fee-only wealth management firm specializing in legacy planning, estate planning, financial planning and investment management.

This year, BKDWA ranked 57th on RIA Channel’s annual ranking of the Top 100 RIA firms with more than $1.4 billion in asset growth over the last 10 years. Other than one acquisition, all of BKDWA’s growth has been organic since it was founded in 1998.