AdvisorCensus / Financial advisors / Virginia / Richmond / Kanawha Capital Management, LLC
Kanawha Capital Management, LLC is an SEC-registered investment advisory firm in Richmond, VA, registered since 2001, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 4, 2026.
Quick answers
From the filingHow is Kanawha Capital Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Kanawha Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
What does Kanawha Capital Management, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated April 13, 2026 states: Up to $1,000,000: 1% a year; $1,000,000 to $5,000,000: 0.75% a year; Above $5,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Kanawha Capital Management, LLC located?
Kanawha Capital Management, LLC's principal office is in Richmond, VA, according to its Form ADV.
Is Kanawha Capital Management, LLC registered with the SEC or a state?
Kanawha Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 118458.
How much does Kanawha Capital Management, LLC manage?
Kanawha Capital Management, LLC reports $1,839,620,293 in regulatory assets under management in its Form ADV filing dated September 4, 2026 (98% discretionary).
How have Kanawha Capital Management, LLC's assets and staff changed since 2021?
In the Form ADV data for Kanawha Capital Management, LLC: Regulatory assets under management: $1,225,096,466 in the October 2021 data and $1,839,620,293 in the October 2026 data, up 50%. Total employees: 10 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Kanawha Capital Management, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (407); individuals (other than high net worth individuals) (153); charitable organizations (10).
Which custodians does Kanawha Capital Management, LLC use?
Kanawha Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Kanawha Capital Management, LLC report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/118458
Does Kanawha Capital Management, LLC state an account minimum?
Its Form ADV Part 2A brochure dated April 13, 2026 says: "Generally, our minimum account size is $1,000,000; although, this may be waived based on considerations such as the account’s relationship to established clients or other factors."
What changed in Kanawha Capital Management, LLC's recent Form ADV filings?
In the October 2026 filing data: Registered or notice-filed in CO.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $1,000,000 | 1% |
| $1,000,000 to $5,000,000 | 0.75% |
| Above $5,000,000 | 0.5% |
The brochure's wording
Our standard fee schedule is outlined below: First $1,000,000 of assets 1% per annum Next $4,000,000 of assets .75% per annum Assets above $5,000,000 .50% per annum
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Generally, our minimum account size is $1,000,000; although, this may be waived based on considerations such as the account’s relationship to established clients or other factors.
As stated in the firm's Form ADV Part 2A brochure dated April 13, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,839,620,293 as of October 2026, filing dated September 4, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2001 (24 years)
- Employees
- Total: 11. Performing investment advisory functions: 4.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
18 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,839,620,293 | 11 | September 4, 2026 |
| October 2025 | $1,641,779,758 | 10 | July 16, 2025 |
| October 2024 | $1,555,472,350 | 10 | April 26, 2024 |
| October 2023 | $1,284,232,846 | 11 | May 15, 2023 |
| October 2022 | $1,418,887,949 | 10 | March 23, 2022 |
| October 2021 | $1,225,096,466 | 10 | April 26, 2021 |
Regulatory assets under management: $1,225,096,466 in the October 2021 data and $1,839,620,293 in the October 2026 data, up 50%.
Total employees: 10 in October 2021 and 11 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- Registered or notice-filed in CO.
- September 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Regulatory assets under management went from $1,641,779,758 to $1,839,620,293 (+12%).
- December 2025
- Registered or notice-filed in MA, TN.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Kanawha Capital Management, LLC (CRD 118458): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/kanawha-capital-management-llc-richmond-va-118458