# Kendall Capital Management

> 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.

- CRD: 134740
- Filed as: KENDALL CAPITAL MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rockville, MD
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/134740
- AdvisorCensus page: https://advisorcensus.com/firm/kendall-capital-management-rockville-md-134740

## Quick answers

**How is Kendall Capital Management compensated?**
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).

**How much does Kendall Capital Management charge?**
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.

**Where is Kendall Capital Management located?**
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).

**Is Kendall Capital Management registered with the SEC or a state?**
Kendall Capital Management is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 134740.

**How much does Kendall Capital Management manage?**
Kendall Capital Management reports $743,866,798 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Kendall Capital Management's assets and staff changed since 2021?**
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.

**What types of clients does Kendall Capital Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (226); individuals (other than high net worth individuals) (126).

**Which custodians does Kendall Capital Management use?**
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.

**Does Kendall Capital Management 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/134740

**What changed in Kendall Capital Management's recent Form ADV filings?**
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%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- 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

> 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%

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., 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: $743,866,798
- Discretionary: $743,866,798
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 126 | $62,829,255 |
| High net worth individuals | 226 | $676,423,338 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $896,814 |
| Charitable organizations | Fewer than 5 | $3,717,391 |

### 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
- Pension consulting services

### Firm details
- Registered since: 2013 (12 years)
- Employees: 12 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, DC, DE, FL, MD, NC, NH, NJ, SC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Greenville, SC

### Websites listed on Form ADV (Item 1.I)
- kendallcapital.com
- Facebook @KENDALLCAPITAL
- LinkedIn @1251377
- X @KENDALLCAPITAL
- YouTube @UCTZUzNiAZaxSUIxBVBVM45Q

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $357,865,904 | 8 | June 4, 2021 |
| October 2022 | $479,545,821 | 8 | July 25, 2022 |
| October 2023 | $419,058,076 | 8 | March 23, 2023 |
| October 2024 | $519,787,468 | 9 | March 28, 2024 |
| October 2025 | $604,143,819 | 10 | March 18, 2025 |
| October 2026 | $743,866,798 | 12 | March 25, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 7.
- Regulatory assets under management went from $604,143,819 to $743,866,798 (+23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Kendall Capital Management (CRD 134740): Form ADV filing data as of October 2026.