# Kilner Capital Advisors, LLC > Kilner Capital Advisors, LLC is an SEC-registered investment advisory firm in Gaithersburg, MD, registered since 2008, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 12, 2026. - CRD: 139521 - Filed as: KILNER CAPITAL ADVISORS, LLC - Registration: SEC-registered investment adviser (status as filed: Approved) - Location: Gaithersburg, MD - Filing period: October 2026 - Form ADV filing dated: March 12, 2026 - SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/139521 - AdvisorCensus page: https://advisorcensus.com/firm/kilner-capital-advisors-llc-gaithersburg-md-139521 ## Quick answers **How is Kilner Capital Advisors, LLC compensated?** On its Form ADV (Item 5.E, October 2026), Kilner Capital Advisors, LLC reports these compensation arrangements: a percentage of assets under its management. **Where is Kilner Capital Advisors, LLC located?** Kilner Capital Advisors, LLC's principal office is in Gaithersburg, MD, according to its Form ADV. **Is Kilner Capital Advisors, LLC registered with the SEC or a state?** Kilner Capital Advisors, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 139521. **How much does Kilner Capital Advisors, LLC manage?** Kilner Capital Advisors, LLC reports $336,667,723 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary). **How have Kilner Capital Advisors, LLC's assets and staff changed since 2021?** In the Form ADV data for Kilner Capital Advisors, LLC: Regulatory assets under management: $234,494,407 in the October 2021 data and $336,667,723 in the October 2026 data, up 44%. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going. **What types of clients does Kilner Capital Advisors, LLC serve?** By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (146); high net worth individuals (84). **Which custodians does Kilner Capital Advisors, LLC use?** Kilner Capital Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab as a custodian holding 10% or more of its separately managed account assets. **Does Kilner Capital Advisors, 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/139521 **Does Kilner Capital Advisors, LLC state an account minimum?** Its Form ADV Part 2A brochure dated March 12, 2026 says: "A minimum of $1,000,000 of assets under management is generally required for investment management services. Minimum account sizes may be negotiable under certain circumstances." **What changed in Kilner Capital Advisors, LLC's recent Form ADV filings?** In the April 2026 filing data: Regulatory assets under management went from $295,715,661 to $336,667,723 (+14%). Registered or notice-filed in PA. ## 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 12, 2026) - Account minimum: $1,000,000 (the brochure says it may be waived or negotiated) > A minimum of $1,000,000 of assets under management is generally required for investment management services. Minimum account sizes may be negotiable under certain circumstances. 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 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: $336,667,723 - Discretionary: $336,667,723 - Non-discretionary: $0 ### Clients (Item 5.D) | Client type | Clients | Assets | | --- | --- | --- | | Individuals (other than high net worth individuals) | 146 | $57,608,844 | | High net worth individuals | 84 | $252,167,366 | | Banking or thrift institutions | Not reported | $0 | | Investment companies | Not reported | $0 | | Business development companies | Not reported | $0 | | Pooled investment vehicles (other than investment companies and business development companies) | Not reported | $0 | | Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $2,524,615 | | Charitable organizations | Fewer than 5 | $24,366,898 | | State or municipal government entities (including government pension plans) | Not reported | $0 | | Other investment advisers | Not reported | $0 | | Insurance companies | Not reported | $0 | | Sovereign wealth funds and foreign official institutions | Not reported | $0 | | Corporations or other businesses not listed above | Not reported | $0 | | Other | Not reported | $0 | ### Advisory services (Item 5.G) - Portfolio management for individuals and/or small businesses - Portfolio management for businesses (other than small businesses) or institutional clients - Pension consulting services - Other ### Firm details - Registered since: 2008 (18 years) - Employees: 3 total, 2 performing advisory functions - Wrap fee program participation: No - States registered or notice-filed: DC, FL, LA, MD, NC, PA, VA - Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11. ### Websites listed on Form ADV (Item 1.I) - kilnercapital.com ## Assets and staff over time | Data period | Regulatory assets under management | Employees | Filing dated | | --- | --- | --- | --- | | October 2021 | $234,494,407 | 4 | February 24, 2021 | | October 2022 | $269,882,663 | 3 | May 9, 2022 | | October 2023 | $251,130,325 | 3 | September 8, 2023 | | October 2024 | $283,066,409 | 3 | March 12, 2024 | | October 2025 | $295,715,661 | 3 | February 19, 2025 | | October 2026 | $336,667,723 | 3 | March 12, 2026 | Regulatory assets under management: $234,494,407 in the October 2021 data and $336,667,723 in the October 2026 data, up 44%. Total employees: 4 in October 2021 and 3 in October 2026. ## Changes in the filing (last 12 months) ### April 2026 - Regulatory assets under management went from $295,715,661 to $336,667,723 (+14%). - Registered or notice-filed in PA. ## Source Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Kilner Capital Advisors, LLC (CRD 139521): Form ADV filing data as of October 2026.