# Kenora Financial, LLC

> Kenora Financial, LLC is an SEC-registered investment advisory firm in Des Plaines, IL, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 29, 2026.

- CRD: 123524
- Filed as: KENORA FINANCIAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Des Plaines, IL
- Filing period: October 2026
- Form ADV filing dated: July 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/123524
- AdvisorCensus page: https://advisorcensus.com/firm/kenora-financial-llc-des-plaines-il-123524

## Quick answers

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

**Where is Kenora Financial, LLC located?**
Kenora Financial, LLC's principal office is in Des Plaines, IL, according to its Form ADV.

**Is Kenora Financial, LLC registered with the SEC or a state?**
Kenora Financial, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 123524.

**How much does Kenora Financial, LLC manage?**
Kenora Financial, LLC reports $315,800,000 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (100% discretionary).

**How have Kenora Financial, LLC's assets and staff changed since 2021?**
In the Form ADV data for Kenora Financial, LLC: Regulatory assets under management: $177,806,293 in the October 2021 data and $315,800,000 in the October 2026 data, up 78%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Kenora Financial, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (120); high net worth individuals (70); pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Kenora Financial, LLC use?**
Kenora Financial, LLC'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 Kenora Financial, LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation), 11.D(3) (another regulator's finding of causing a business's authorization to be denied, suspended, revoked, or restricted), and 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/123524

**Does Kenora Financial, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated July 29, 2026 says: "The minimum initial investment is $150,000 for management of accounts."

**What changed in Kenora Financial, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $269,662,450 to $315,800,000 (+17%).

## 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 July 29, 2026)

- Account minimum: $150,000

> The minimum initial investment is $150,000 for management of accounts.

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: $315,800,000
- Discretionary: $315,800,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 120 | $58,600,000 |
| High net worth individuals | 70 | $169,900,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $82,400,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $2,300,000 |
| Corporations or other businesses not listed above | Fewer than 5 | $2,600,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 2018 (8 years)
- Employees: 7 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, IL, NE, TX, WI
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(3): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?
- 11.D(5): Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/123524

### Websites listed on Form ADV (Item 1.I)
- kenorafinancial.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $177,806,293 | 5 | June 23, 2021 |
| October 2022 | $237,256,669 | 5 | June 21, 2022 |
| October 2023 | $201,833,883 | 4 | September 25, 2023 |
| October 2024 | $232,708,111 | 11 | March 12, 2024 |
| October 2025 | $269,662,450 | 7 | March 14, 2025 |
| October 2026 | $315,800,000 | 7 | July 29, 2026 |

Regulatory assets under management: $177,806,293 in the October 2021 data and $315,800,000 in the October 2026 data, up 78%.
Total employees: 5 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $269,662,450 to $315,800,000 (+17%).

### February 2026
- Changed its legal name from Invesco, LLC to Kenora Financial, LLC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Kenora Financial, LLC (CRD 123524): Form ADV filing data as of October 2026.