{
  "crd_number": 109522,
  "slug": "keeler-thomas-management-llc-orem-ut-109522",
  "primary_business_name": "KEELER THOMAS MANAGEMENT LLC",
  "legal_name": "KEELER THOMAS MANAGEMENT LLC",
  "dbas": [],
  "city": "Orem",
  "state": "UT",
  "country": "United States",
  "cbsa_code": "39340",
  "metro": {
    "cbsa_code": "39340",
    "common_name": "Provo",
    "msa_name": "Provo-Orem-Lehi, UT",
    "path": "/advisors/ut/provo"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2015-06-15",
  "years_registered": 11,
  "period": "2026-10-01",
  "filing_date": "2026-03-20",
  "carried_forward": false,
  "raum_total": 305501290.0,
  "raum_discretionary": 304645800.0,
  "raum_non_discretionary": 855490.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 12,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1131936.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 49831505.0,
      "count": 76
    },
    "high_net_worth_individuals": {
      "raum": 252965772.0,
      "count": 56
    },
    "corporations_other_businesses": {
      "raum": 1572077.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "TX",
    "UT"
  ],
  "websites": [
    "https://facebook.com/keelerthomas",
    "https://instagram.com/keelerthomasmanagement",
    "https://keelerthomas.com",
    "https://linkedin.com/company/keeler-thomas-management?viewAsMember=true",
    "https://open.spotify.com/collection/your-episodes",
    "https://x.com/_KeelerThomas",
    "https://youtube.com/channel/UCmn2WhD0ce0UZZdjaX9wxyw"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109522",
  "city_as_filed": "OREM",
  "url": "https://advisorcensus.com/firm/keeler-thomas-management-llc-orem-ut-109522",
  "display_name": "Keeler Thomas Management LLC",
  "summary": "Keeler Thomas Management LLC is an SEC-registered investment advisory firm in Orem, UT, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 20, 2026.",
  "citation": "AdvisorCensus. Keeler Thomas Management LLC (CRD 109522): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Keeler Thomas Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Keeler Thomas Management LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Keeler Thomas Management LLC located?",
      "a": "Keeler Thomas Management LLC's principal office is in Orem, UT, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Keeler Thomas Management LLC registered with the SEC or a state?",
      "a": "Keeler Thomas Management LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 109522."
    },
    {
      "q": "How much does Keeler Thomas Management LLC manage?",
      "a": "Keeler Thomas Management LLC reports $305,501,290 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary)."
    },
    {
      "q": "How have Keeler Thomas Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Keeler Thomas Management LLC: Regulatory assets under management: $259,421,123 in the October 2021 data and $305,501,290 in the October 2026 data, up 18%. Total employees: 15 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Keeler Thomas Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (76); high net worth individuals (56)."
    },
    {
      "q": "Which custodians does Keeler Thomas Management LLC use?",
      "a": "Keeler Thomas Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Distributors Company LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Keeler Thomas Management LLC report any disciplinary disclosures?",
      "a": "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/109522"
    },
    {
      "q": "What changed in Keeler Thomas Management LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $379,274,089 to $305,501,290 (-19%). Employees performing advisory functions went from 9 to 7. Added an office in Vernal, UT. Registered or notice-filed in TX."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 259421123.0,
      "total_employees": 15,
      "filing_date": "2021-09-14"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 299294201.0,
      "total_employees": 14,
      "filing_date": "2022-02-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 277364837.0,
      "total_employees": 15,
      "filing_date": "2023-09-06"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 338369118.0,
      "total_employees": 13,
      "filing_date": "2024-03-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 379274089.0,
      "total_employees": 13,
      "filing_date": "2025-05-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 305501290.0,
      "total_employees": 12,
      "filing_date": "2026-03-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $379,274,089 to $305,501,290 (-19%).",
        "Employees performing advisory functions went from 9 to 7.",
        "Added an office in Vernal, UT.",
        "Registered or notice-filed in TX."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Distributors Company LLC",
      "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/keeler-thomas-management-llc-orem-ut-109522.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 76,
      "fewer_than_5": false,
      "raum": 49831505.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 56,
      "fewer_than_5": false,
      "raum": 252965772.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 1131936.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 1572077.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109522",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}