{
  "crd_number": 134740,
  "slug": "kendall-capital-management-rockville-md-134740",
  "primary_business_name": "KENDALL CAPITAL MANAGEMENT",
  "legal_name": "KENDALL CAPITAL MANAGEMENT",
  "dbas": [],
  "city": "Rockville",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-10-04",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": 743866798.0,
  "raum_discretionary": 743866798.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 12,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 3717391.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 62829255.0,
      "count": 126
    },
    "pension_profit_sharing": {
      "raum": 896814.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 676423338.0,
      "count": 226
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "DC",
    "DE",
    "FL",
    "MD",
    "NC",
    "NH",
    "NJ",
    "SC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/KENDALLCAPITAL",
    "https://kendallcapital.com",
    "https://linkedin.com/COMPANY/1251377",
    "https://x.com/KENDALLCAPITAL",
    "https://youtube.com/channel/UCTZUzNiAZaxSUIxBVBVM45Q"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/134740",
  "city_as_filed": "ROCKVILLE",
  "url": "https://advisorcensus.com/firm/kendall-capital-management-rockville-md-134740",
  "display_name": "Kendall Capital Management",
  "summary": "Kendall Capital Management is an SEC-registered investment advisory firm in Rockville, MD, registered since 2013, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.",
  "citation": "AdvisorCensus. Kendall Capital Management (CRD 134740): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Kendall Capital Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Kendall Capital Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Kendall Capital Management charge?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 states: Up to $2,000,000: 1% a year; $2,000,000 to $5,000,000: 0.8% a year; $5,000,000 to $10,000,000: 0.65% a year; Above $10,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Kendall Capital Management located?",
      "a": "Kendall Capital Management's principal office is in Rockville, MD, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Kendall Capital Management registered with the SEC or a state?",
      "a": "Kendall Capital Management is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 134740."
    },
    {
      "q": "How much does Kendall Capital Management manage?",
      "a": "Kendall Capital Management reports $743,866,798 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have Kendall Capital Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Kendall Capital Management: Regulatory assets under management: $357,865,904 in the October 2021 data and $743,866,798 in the October 2026 data, up 108%. Total employees: 8 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 Kendall Capital Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (226); individuals (other than high net worth individuals) (126)."
    },
    {
      "q": "Which custodians does Kendall Capital Management use?",
      "a": "Kendall Capital Management'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."
    },
    {
      "q": "Does Kendall Capital Management 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/134740"
    },
    {
      "q": "What changed in Kendall Capital Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 6 to 7. Regulatory assets under management went from $604,143,819 to $743,866,798 (+23%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 357865904.0,
      "total_employees": 8,
      "filing_date": "2021-06-04"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 479545821.0,
      "total_employees": 8,
      "filing_date": "2022-07-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 419058076.0,
      "total_employees": 8,
      "filing_date": "2023-03-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 519787468.0,
      "total_employees": 9,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 604143819.0,
      "total_employees": 10,
      "filing_date": "2025-03-18"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 743866798.0,
      "total_employees": 12,
      "filing_date": "2026-03-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 7.",
        "Regulatory assets under management went from $604,143,819 to $743,866,798 (+23%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 25, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $2,000,000",
        "rate": "1%"
      },
      {
        "band": "$2,000,000 to $5,000,000",
        "rate": "0.8%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "0.65%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $2,000,000: 1% a year",
          "$2,000,000 to $5,000,000: 0.8% a year",
          "$5,000,000 to $10,000,000: 0.65% a year",
          "Above $10,000,000: 0.5% a year"
        ],
        "quotes": [
          "The annualized fee for Investment Supervisory Services is charged as a percentage of assets under management and is a blended rate according to the following schedule: Market Value Of Assets Under Supervision Annual Rate First $2,000,000 1.00% Next $3,000,000 0.80% Next $5,000,000 0.65% Balance over $10,000,000 0.50%"
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 2000000.0,
          "rate_pct": 1.0
        },
        {
          "min": 2000000.0,
          "max": 5000000.0,
          "rate_pct": 0.8
        },
        {
          "min": 5000000.0,
          "max": 10000000.0,
          "rate_pct": 0.65
        },
        {
          "min": 10000000.0,
          "max": null,
          "rate_pct": 0.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The annualized fee for Investment Supervisory Services is charged as a percentage of assets under management and is a blended rate according to the following schedule: Market Value Of Assets Under Supervision Annual Rate First $2,000,000 1.00% Next $3,000,000 0.80% Next $5,000,000 0.65% Balance over $10,000,000 0.50%"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/kendall-capital-management-rockville-md-134740.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 126,
      "fewer_than_5": false,
      "raum": 62829255.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 226,
      "fewer_than_5": false,
      "raum": 676423338.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 896814.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 3717391.0
    }
  ],
  "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/134740",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}