# Kennicott Capital Management LLC

> Kennicott Capital Management LLC is an SEC-registered investment advisory firm, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 17, 2026.

- CRD: 128947
- Filed as: KENNICOTT CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: July 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/128947
- AdvisorCensus page: https://advisorcensus.com/firm/kennicott-capital-management-llc-128947

## Quick answers

**How is Kennicott Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Kennicott Capital Management LLC reports these compensation arrangements: a percentage of assets under its management.

**Is Kennicott Capital Management LLC registered with the SEC or a state?**
Kennicott Capital Management LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 128947.

**How much does Kennicott Capital Management LLC manage?**
Kennicott Capital Management LLC reports $323,918,154 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (100% discretionary).

**How have Kennicott Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Kennicott Capital Management LLC: Regulatory assets under management: $146,893,095 in the October 2021 data and $323,918,154 in the October 2026 data, up 121%. Total employees: 1 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 Kennicott Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (43); individuals (other than high net worth individuals) (11); charitable organizations (1).

**Which custodians does Kennicott Capital Management LLC use?**
Kennicott Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Kennicott Capital Management 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/128947

**Does Kennicott Capital Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 27, 2026 says: "Generally, we require that clients maintain $5,000,000 under management with us. However, we may waive that minimum at our sole discretion."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> Generally, we require that clients maintain $5,000,000 under management with us. However, we may waive that minimum at our sole discretion.

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

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: $323,918,154
- Discretionary: $323,918,154
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 11 | $5,316,564 |
| High net worth individuals | 43 | $315,123,695 |
| Charitable organizations | 1 | $3,477,895 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2021 (5 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 | $146,893,095 | 1 | March 30, 2021 |
| October 2022 | $328,530,362 | 2 | March 31, 2022 |
| October 2023 | $315,046,942 | 2 | March 24, 2023 |
| October 2024 | $378,720,323 | 2 | March 14, 2024 |
| October 2025 | $323,682,253 | 2 | April 24, 2025 |
| October 2026 | $323,918,154 | 2 | July 17, 2026 |

Regulatory assets under management: $146,893,095 in the October 2021 data and $323,918,154 in the October 2026 data, up 121%.
Total employees: 1 in October 2021 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Kennicott Capital Management LLC (CRD 128947): Form ADV filing data as of October 2026.