{ "crd_number": 136300, "slug": "key-investment-services-llc-brooklyn-oh-136300", "primary_business_name": "KEY INVESTMENT SERVICES LLC", "legal_name": "KEY INVESTMENT SERVICES LLC", "dbas": [ "KEY DOCTOR BANKING AND ADVISORY GROUP", "KEY PRIVATE CLIENT", "KEY WEALTH" ], "city": "Brooklyn", "state": "OH", "country": "United States", "cbsa_code": "17410", "metro": { "cbsa_code": "17410", "common_name": "Cleveland", "msa_name": "Cleveland, OH", "path": "/advisors/oh/cleveland" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2006-01-03", "years_registered": 20, "period": "2026-10-01", "filing_date": "2026-06-30", "carried_forward": false, "raum_total": 8876856848.0, "raum_discretionary": 0.0, "raum_non_discretionary": 8876856848.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 1325, "advisory_employees": 360, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 32779226.0, "count": 100 }, "individuals": { "raum": 7001993062.0, "count": 33369 }, "pension_profit_sharing": { "raum": 14308571.0, "count": 175 }, "high_net_worth_individuals": { "raum": 1772495323.0, "count": 1140 }, "corporations_other_businesses": { "raum": 55280666.0, "count": 136 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": true, "disclosure_yes_count": 7, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DE", "FL", "GA", "HI", "ID", "IL", "IN", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MT", "NC", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OR", "PA", "RI", "SC", "TN", "TX", "UT", "VA", "VT", "WA", "WI", "WV", "WY" ], "websites": [ "https://key.com/kpb/our-approach/kis.html" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/136300", "disclosure_items": [ { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" }, { "item": "11.D(2)", "question": "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?" }, { "item": "11.D(4)", "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.E(2)", "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?" }, { "item": "11.G", "question": "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?" } ], "city_as_filed": "BROOKLYN", "url": "https://advisorcensus.com/firm/key-investment-services-llc-brooklyn-oh-136300", "display_name": "Key Investment Services LLC", "summary": "Key Investment Services LLC is an SEC-registered investment advisory firm in Brooklyn, OH, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.", "citation": "AdvisorCensus. Key Investment Services LLC (CRD 136300): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Key Investment Services LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Key Investment Services LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Key Investment Services LLC located?", "a": "Key Investment Services LLC's principal office is in Brooklyn, OH, according to its Form ADV; the July 2026 filing also lists 25 other offices (Schedule D, Section 1.F)." }, { "q": "Is Key Investment Services LLC registered with the SEC or a state?", "a": "Key Investment Services LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 136300." }, { "q": "How much does Key Investment Services LLC manage?", "a": "Key Investment Services LLC reports $8,876,856,848 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (0% discretionary)." }, { "q": "How have Key Investment Services LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Key Investment Services LLC: Regulatory assets under management: $3,448,581,641 in the October 2021 data and $8,876,856,848 in the October 2026 data, up 157%. Total employees: 1,062 in October 2021 and 1,325 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Key Investment Services LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (33,369); high net worth individuals (1,140); pension and profit sharing plans (but not the plan participants or government pension plans) (175)." }, { "q": "Which custodians does Key Investment Services LLC use?", "a": "Key Investment Services LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Key Investment Services LLC report any disciplinary disclosures?", "a": "Reports 7 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.E(2), 11.G). 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/136300" }, { "q": "What changed in Key Investment Services LLC's recent Form ADV filings?", "a": "In the July 2026 filing data: Item 11 disclosure answers changed: 7 yes answers, previously 4 (now yes: 11.D(2), 11.D(4), 11.G)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 3448581641.0, "total_employees": 1062, "filing_date": "2021-09-15" }, { "period": "2022-10-01", "regulatory_assets_under_management": 3648710453.0, "total_employees": 932, "filing_date": "2022-09-02" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3216898961.0, "total_employees": 1062, "filing_date": "2023-09-25" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4187935886.0, "total_employees": 1098, "filing_date": "2024-06-24" }, { "period": "2025-10-01", "regulatory_assets_under_management": 6107213206.0, "total_employees": 1131, "filing_date": "2025-04-21" }, { "period": "2026-10-01", "regulatory_assets_under_management": 8876856848.0, "total_employees": 1325, "filing_date": "2026-06-30" } ], "recent_changes": [ { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Item 11 disclosure answers changed: 7 yes answers, previously 4 (now yes: 11.D(2), 11.D(4), 11.G)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Added the business name Key Doctor Banking and Advisory Group.", "Added the business name Key Private Client.", "Added the business name Key Wealth.", "Employees performing advisory functions went from 359 to 360.", "Regulatory assets under management went from $6,107,213,206 to $8,876,856,848 (+45%).", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Pershing LLC", "name_as_filed": "PERSHING LLC", "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/key-investment-services-llc-brooklyn-oh-136300.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 33369, "fewer_than_5": false, "raum": 7001993062.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 1140, "fewer_than_5": false, "raum": 1772495323.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 175, "fewer_than_5": false, "raum": 14308571.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 100, "fewer_than_5": false, "raum": 32779226.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 136, "fewer_than_5": false, "raum": 55280666.0 } ], "disclosure_line": "Reports 7 disclosure items on Form ADV Item 11.", "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/136300", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }