AdvisorCensus / Financial advisors / Tennessee / Nashville / Key Capital Management, Inc.
Key Capital Management, Inc. is an SEC-registered investment advisory firm in Hendersonville, TN, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 8, 2026.
Quick answers
From the filingHow is Key Capital Management, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Key Capital Management, Inc. reports these compensation arrangements: a percentage of assets under its management.
What does Key Capital Management, Inc.'s brochure say about its fees?
Its Form ADV Part 2A brochure dated February 9, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Key Capital Management, Inc. located?
Key Capital Management, Inc.'s principal office is in Hendersonville, TN, according to its Form ADV; the May 2026 filing also lists 4 other offices (Schedule D, Section 1.F).
Is Key Capital Management, Inc. registered with the SEC or a state?
Key Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 173773.
How much does Key Capital Management, Inc. manage?
Key Capital Management, Inc. reports $392,952,016 in regulatory assets under management in its Form ADV filing dated April 8, 2026 (97% discretionary).
How have Key Capital Management, Inc.'s assets and staff changed since 2022?
In the Form ADV data for Key Capital Management, Inc.: Regulatory assets under management: $104,922,302 in the October 2022 data and $392,952,016 in the October 2026 data, up 275%. Total employees: 4 in October 2022 and 35 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Key Capital Management, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,937); high net worth individuals (69); pension and profit sharing plans (but not the plan participants or government pension plans) (12).
Which custodians does Key Capital Management, Inc. use?
Key Capital Management, Inc.'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 Key Capital Management, Inc. report any disciplinary disclosures?
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation), 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction), 11.G (pending regulatory proceeding), and 11.H(1)(c) (regulator's civil action dismissed under a settlement). 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/173773
Does Key Capital Management, Inc. state an account minimum?
Its Form ADV Part 2A brochure dated February 9, 2026 says: "In general, there is a minimum dollar amount of $50,000 to open and maintain an advisory account; however, we have the right to waive the account minimum based on the client and the complexity of the situation."
What changed in Key Capital Management, Inc.'s recent Form ADV filings?
In the May 2026 filing data: Registered or notice-filed in CO, IN, MI.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 2% of assets a year (the maximum the brochure states)
The brochure's wording
Portfolio management fees are individually negotiated with each client and are generally up to 2% of the market value of assets in the account calculated annually.
Account minimum: $50,000 (the brochure says it may be waived or negotiated)
The brochure's wording
In general, there is a minimum dollar amount of $50,000 to open and maintain an advisory account; however, we have the right to waive the account minimum based on the client and the complexity of the situation.
As stated in the firm's Form ADV Part 2A brochure dated February 9, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$392,952,016 as of October 2026, filing dated April 8, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2022 (4 years)
- Employees
- Total: 35. Performing investment advisory functions: 9.
- Wrap fee program participation
- Yes.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
4 other offices, as of the May 2026 filing
- States registered or notice-filed
-
14 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 114 Reports 4 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 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(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?
- 11.G Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?
Civil court matters Item 11.H
- 11.H(1)(c) Has a domestic or foreign court ever dismissed, under a settlement agreement, an investment-related civil action brought against the firm or an advisory affiliate by a state or foreign financial regulator?
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. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $392,952,016 | 35 | April 8, 2026 |
| October 2025 | $292,985,635 | 30 | January 23, 2025 |
| October 2024 | $205,757,846 | 22 | April 30, 2024 |
| October 2023 | $127,521,882 | 5 | September 7, 2023 |
| October 2022 | $104,922,302 | 4 | June 23, 2022 |
Regulatory assets under management: $104,922,302 in the October 2022 data and $392,952,016 in the October 2026 data, up 275%.
Total employees: 4 in October 2022 and 35 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- May 2026
- Registered or notice-filed in CO, IN, MI.
- March 2026
- Employees performing advisory functions went from 7 to 9.
- Regulatory assets under management went from $292,985,635 to $392,952,016 (+34%).
- Registered or notice-filed in CA.
- December 2025
- Registered or notice-filed in MS.
- November 2025
- Added an office in Bowling Green, KY.
- Added an office in Murfreesboro, TN.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Key Capital Management, Inc. (CRD 173773): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/key-capital-management-inc-hendersonville-tn-173773