Kane Investment Management, Inc. is owned by D. Michael Kane and has been providing
advisory services since December 1982. The company president and principal, D. Michael
Kane, is an Investment Adviser Representative. Kane Investment Management, Inc.
provides a full range of investment services, including investment account management, for
individuals, families, corporate pension, and profit-sharing plans.
Types of investments managed include equity securities (exchange-listed and over-the-
counter securities), investment company securities (variable annuities, mutual fund
shares) and U.S. Government securities.
Client advisory services are based upon, and tailored to the needs and objectives of, each
individual or organization. (Clients may impose restrictions on investing in certain
securities or types of securities). Kane Investment Management, Inc. uses charting,
fundamental and technical security analysis to determine its investment choices for
account management. This information is derived from a combination of corporate rating
services; inspections of corporate activities; third-party research; annual reports, filings
and prospectuses with the SEC; and corporate press releases, financial newspapers and
magazines. Upon request, Kane Investment Management, Inc. will provide financial plans
for no additional charge. These services are inclusive of the fees paid as described herein.
Investment strategies used to implement investment advice include long-term purchases
(securities held at least a year), short-term
purchases (securities held less than a year),
trading (securities sold within 30 days) and margin transactions.
Held Away Assets
Kane Investment Management, Inc. utilizes Pontera, a third-party platform, to facilitate
management of held away assets such as defined contribution plan participant accounts,
with discretion. The platform allows Kane Investment Management, Inc. to avoid being
considered to have custody of client funds since the Firm does not have direct access to
client log-in credentials to affect trades. Kane Investment Management, Inc. is not affiliated
with the Pontera platform in any way and receives no compensation from them for using
their platform. In order for Kane Investment Management, Inc. to manage held away
assets (assets not held at TD Ameritrade) a link will be provided to the client allowing them
to connect an account(s) to the platform. Once a client account is connected to the platform,
Kane Investment Management, Inc. will review the current account allocations. When
deemed necessary, Kane Investment Management, Inc. will rebalance the account
considering client investment goals and risk tolerance, and any change in allocations will
consider current economic and market trends. The goal is to improve account performance
over time, minimize loss during difficult markets, and manage internal fees that harm
account performance.
As of December 31, 2023, Kane Investment Management, Inc. had $129,790,022
discretionary assets under management (AUM) and $0 non-discretionary AUM.