Kaufman Franz Wealth Management has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 81345790696
Addresses: Nihonbashi Talk Building 3 Nihonbashi Hongokucho Chuo Tokyo Japan; 111 Nassau Street New York NY 10038 USA; US Saturn Tower Leonard Bernstein Strasse Vienna 1220 Austria This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.kaufmanfranz.com.
My withdrawal from Kaufman Franz Wealth Management was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over three years of being strung along.
Pros: Portfolio tracking tools|Transparent fees|Smooth onboarding|Good analytical tools
Cons: No integrated tax optimization|Desktop app not available on Linux
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Kaufman Franz Wealth Management said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Risk management tools|Easy to use platform|Market news feed|Detailed reporting
Cons: Wish they had more educational resources|Alert system is basic
Kaufman Franz Wealth Management seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Competitive fees|Full transparency|Clear documentation
Cons: Would like more payment methods
The platform itself is okay, but the customer service at Kaufman Franz Wealth Management is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Dedicated account manager|Reliable uptime|Educational resources|Clear documentation
Cons: Account statements could be more detailed|No live chat on mobile