# Kaufman Hall Investment Management

> Kaufman Hall Investment Management is an SEC-registered investment advisory firm in Brentwood, TN, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.

- CRD: 328876
- Filed as: KAUFMAN HALL INVESTMENT MANAGEMENT
- Legal name: Kaufman Hall Investment Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Brentwood, TN
- Filing period: October 2026
- Form ADV filing dated: July 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/328876
- AdvisorCensus page: https://advisorcensus.com/firm/kaufman-hall-investment-management-brentwood-tn-328876

## Quick answers

**How is Kaufman Hall Investment Management compensated?**
On its Form ADV (Item 5.E, October 2026), Kaufman Hall Investment Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Kaufman Hall Investment Management located?**
Kaufman Hall Investment Management's principal office is in Brentwood, TN, according to its Form ADV; the August 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Kaufman Hall Investment Management registered with the SEC or a state?**
Kaufman Hall Investment Management is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 328876.

**How much does Kaufman Hall Investment Management manage?**
Kaufman Hall Investment Management reports $2,818,196,485 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary).

**How have Kaufman Hall Investment Management's assets and staff changed since 2024?**
In the Form ADV data for Kaufman Hall Investment Management: Regulatory assets under management: $1,264,051,185 in the October 2024 data and $2,818,196,485 in the October 2026 data, up 123%. Total employees: 6 in October 2024 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Kaufman Hall Investment Management serve?**
By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (28).

**Which custodians does Kaufman Hall Investment Management use?**
Kaufman Hall Investment Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon Securities Corporation, Computershare Corporate Trust and U.S. Bancorp Investments, Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Kaufman Hall Investment Management report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/328876

**What changed in Kaufman Hall Investment Management's recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in DE.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- BNY Mellon Securities Corporation
- Computershare Corporate Trust
- U.S. Bancorp Investments, Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $2,818,196,485
- Discretionary: $2,818,196,485
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Corporations or other businesses not listed above | 28 | $2,818,196,485 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2023 (2 years)
- Employees: 9 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, IL, TN, TX
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/328876

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Chicago, IL
- Crete, IL
- Dallas, TX

### Websites listed on Form ADV (Item 1.I)
- khim.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $1,264,051,185 | 6 | August 30, 2024 |
| October 2025 | $2,309,298,471 | 9 | March 21, 2025 |
| October 2026 | $2,818,196,485 | 9 | July 30, 2026 |

Regulatory assets under management: $1,264,051,185 in the October 2024 data and $2,818,196,485 in the October 2026 data, up 123%.
Total employees: 6 in October 2024 and 9 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in DE.

### April 2026
- Regulatory assets under management went from $2,309,298,471 to $2,818,196,485 (+22%).
- Changed its office addresses in Crete, IL.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Kaufman Hall Investment Management (CRD 328876): Form ADV filing data as of October 2026.