{ "crd_number": 105834, "slug": "kennedy-capital-management-st-louis-mo-105834", "primary_business_name": "KENNEDY CAPITAL MANAGEMENT", "legal_name": "KENNEDY CAPITAL MANAGEMENT LLC", "dbas": [ "KENNEDY CAPITAL", "KENNEDY CAPITAL MANAGEMENT" ], "city": "St Louis", "state": "MO", "country": "United States", "cbsa_code": "41180", "metro": { "cbsa_code": "41180", "common_name": "St. Louis", "msa_name": "St. Louis, MO-IL", "path": "/advisors/mo/st-louis" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1980-07-17", "years_registered": 46, "period": "2026-10-01", "filing_date": "2026-05-21", "carried_forward": false, "raum_total": 5019213881.0, "raum_discretionary": 4883189310.0, "raum_non_discretionary": 136024571.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 43, "advisory_employees": 20, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 7655125.0, "count": 16, "description": "KNOWLEDGEABLE EMPLOYEES" }, "charitable": { "raum": 472576472.0, "count": 18 }, "individuals": { "raum": 2705503.0, "count": 4, "fewer_than_5": true }, "banking_thrift": { "raum": 0.0, "count": 0, "fewer_than_5": true }, "state_municipal": { "raum": 1571371787.0, "count": 23 }, "insurance_companies": { "raum": 0.0, "count": 0, "fewer_than_5": true }, "investment_companies": { "raum": 269448808.0, "count": 7 }, "pension_profit_sharing": { "raum": 279957221.0, "count": 9 }, "other_investment_advisers": { "raum": 299445005.0, "count": 7 }, "high_net_worth_individuals": { "raum": 120060058.0, "count": 92 }, "pooled_investment_vehicles": { "raum": 1619525903.0, "count": 11 }, "corporations_other_businesses": { "raum": 376467999.0, "count": 26 }, "business_development_companies": { "raum": 0.0, "count": 0 }, "sovereign_wealth_foreign_official": { "raum": 0.0, "count": 0, "fewer_than_5": true } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "DE", "FL", "GA", "HI", "IA", "ID", "IL", "IN", "KS", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "MT", "NC", "ND", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OK", "OR", "PA", "PR", "RI", "SC", "SD", "TN", "TX", "UT", "VA", "VI", "VT", "WA", "WI", "WV", "WY" ], "websites": [ "https://kennedycapital.com", "https://kennedycapital.com/ESG-MUTUAL-FUND", "https://kennedycapital.com/KGROX-MUTUAL-FUND", "https://kennedycapital.com/KVALX-MUTUAL-FUND", "https://linkedin.com/COMPANY/KENNEDY-CAPITAL-MANAGEMENT" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105834", "city_as_filed": "ST LOUIS", "url": "https://advisorcensus.com/firm/kennedy-capital-management-st-louis-mo-105834", "display_name": "Kennedy Capital Management", "summary": "Kennedy Capital Management is an SEC-registered investment advisory firm in St Louis, MO, registered since 1980, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.", "citation": "AdvisorCensus. Kennedy Capital Management (CRD 105834): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Kennedy Capital Management compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Kennedy Capital Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Kennedy Capital Management located?", "a": "Kennedy Capital Management's principal office is in St Louis, MO, according to its Form ADV." }, { "q": "Is Kennedy Capital Management registered with the SEC or a state?", "a": "Kennedy Capital Management is an SEC-registered investment advisory firm, registered since 1980. Status as filed: Approved. CRD 105834." }, { "q": "How much does Kennedy Capital Management manage?", "a": "Kennedy Capital Management reports $5,019,213,881 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (97% discretionary)." }, { "q": "How have Kennedy Capital Management's assets and staff changed since 2021?", "a": "In the Form ADV data for Kennedy Capital Management: Regulatory assets under management: $4,568,329,807 in the October 2021 data and $5,019,213,881 in the October 2026 data, up 10%. Total employees: 52 in October 2021 and 43 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Kennedy Capital Management serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (92); corporations or other businesses not listed above (26); state or municipal government entities (including government pension plans) (23)." }, { "q": "Which custodians does Kennedy Capital Management use?", "a": "Kennedy Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon, Northern Trust and State Street Bank as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Kennedy 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/105834" }, { "q": "What changed in Kennedy Capital Management's recent Form ADV filings?", "a": "In the June 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 4568329807.0, "total_employees": 52, "filing_date": "2021-08-27" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4924492902.0, "total_employees": 47, "filing_date": "2022-07-18" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3721608110.0, "total_employees": 43, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4769808892.0, "total_employees": 47, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4885270151.0, "total_employees": 46, "filing_date": "2025-05-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 5019213881.0, "total_employees": 43, "filing_date": "2026-05-21" } ], "recent_changes": [ { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 23 to 20.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "BNY Mellon", "name_as_filed": "BNY MELLON", "affiliated": false }, { "name": "Northern Trust", "name_as_filed": "NORTHERN TRUST", "affiliated": false }, { "name": "State Street Bank", "name_as_filed": "STATE STREET BANK", "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/kennedy-capital-management-st-louis-mo-105834.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 4, "fewer_than_5": true, "raum": 2705503.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 92, "fewer_than_5": false, "raum": 120060058.0 }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 0, "fewer_than_5": true, "raum": 0.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 7, "fewer_than_5": false, "raum": 269448808.0 }, { "type": "business_development_companies", "label": "Business development companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 11, "fewer_than_5": false, "raum": 1619525903.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 9, "fewer_than_5": false, "raum": 279957221.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 18, "fewer_than_5": false, "raum": 472576472.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 23, "fewer_than_5": false, "raum": 1571371787.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 7, "fewer_than_5": false, "raum": 299445005.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 0, "fewer_than_5": true, "raum": 0.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 0, "fewer_than_5": true, "raum": 0.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 26, "fewer_than_5": false, "raum": 376467999.0 }, { "type": "other", "label": "Other", "count": 16, "fewer_than_5": false, "raum": 7655125.0 } ], "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/105834", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }