# Kearns and Associates, LLC

> Kearns and Associates, LLC is an SEC-registered investment advisory firm in Rolling Hills Estates, CA, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 10, 2026.

- CRD: 157449
- Filed as: KEARNS AND ASSOCIATES, LLC
- Legal name: Kearns & Associates LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rolling Hills Estates, CA
- Filing period: October 2026
- Form ADV filing dated: March 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157449
- AdvisorCensus page: https://advisorcensus.com/firm/kearns-and-associates-llc-rolling-hills-estates-ca-157449

## Quick answers

**How is Kearns and Associates, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Kearns and Associates, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Kearns and Associates, LLC located?**
Kearns and Associates, LLC's principal office is in Rolling Hills Estates, CA, according to its Form ADV.

**Is Kearns and Associates, LLC registered with the SEC or a state?**
Kearns and Associates, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157449.

**How much does Kearns and Associates, LLC manage?**
Kearns and Associates, LLC reports $1,175,703,135 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (53% discretionary).

**How have Kearns and Associates, LLC's assets and staff changed since 2021?**
In the Form ADV data for Kearns and Associates, LLC: Regulatory assets under management: $611,359,537 in the October 2021 data and $1,175,703,135 in the October 2026 data, up 92%. Total employees: 3 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Kearns and Associates, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (46).

**Which custodians does Kearns and Associates, LLC use?**
Kearns and Associates, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Northern Trust as custodians holding 10% or more of its separately managed account assets.

**Does Kearns and Associates, 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/157449

## 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))
- Charles Schwab & Co., Inc.
- Northern Trust

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: $1,175,703,135
- Discretionary: $621,332,638
- Non-discretionary: $554,370,497

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 46 | $785,669,707 |
| Charitable organizations | Fewer than 5 | $390,033,428 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $611,359,537 | 3 | March 26, 2021 |
| October 2022 | $720,696,780 | 3 | March 30, 2022 |
| October 2023 | $601,779,445 | 3 | March 30, 2023 |
| October 2024 | $1,074,156,028 | 2 | March 28, 2024 |
| October 2025 | $1,133,773,257 | 2 | March 12, 2025 |
| October 2026 | $1,175,703,135 | 2 | March 10, 2026 |

Regulatory assets under management: $611,359,537 in the October 2021 data and $1,175,703,135 in the October 2026 data, up 92%.
Total employees: 3 in October 2021 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Kearns and Associates, LLC (CRD 157449): Form ADV filing data as of October 2026.