# Kleinfelder Capital, Inc.

> Kleinfelder Capital, Inc. is an SEC-registered investment advisory firm in Cincinnati, OH, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 3, 2026.

- CRD: 289345
- Filed as: KLEINFELDER CAPITAL, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Cincinnati, OH
- Filing period: October 2026
- Form ADV filing dated: September 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/289345
- AdvisorCensus page: https://advisorcensus.com/firm/kleinfelder-capital-inc-cincinnati-oh-289345

## Quick answers

**How is Kleinfelder Capital, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Kleinfelder Capital, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Kleinfelder Capital, Inc. located?**
Kleinfelder Capital, Inc.'s principal office is in Cincinnati, OH, according to its Form ADV.

**Is Kleinfelder Capital, Inc. registered with the SEC or a state?**
Kleinfelder Capital, Inc. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289345.

**How much does Kleinfelder Capital, Inc. manage?**
Kleinfelder Capital, Inc. reports $376,572,585 in regulatory assets under management in its Form ADV filing dated September 3, 2026 (100% discretionary).

**How have Kleinfelder Capital, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Kleinfelder Capital, Inc.: Regulatory assets under management: $195,049,737 in the October 2021 data and $376,572,585 in the October 2026 data, up 93%. Total employees: 3 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Kleinfelder Capital, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (269); high net worth individuals (212); pension and profit sharing plans (but not the plan participants or government pension plans) (17).

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

**Does Kleinfelder Capital, Inc. 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/289345

**What changed in Kleinfelder Capital, Inc.'s recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $306,833,604 to $376,572,585 (+23%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage 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: $376,572,585
- Discretionary: $375,848,420
- Non-discretionary: $724,165

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 269 | $62,248,738 |
| High net worth individuals | 212 | $309,980,419 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 17 | $4,065,563 |
| Corporations or other businesses not listed above | Fewer than 5 | $277,865 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, FL, IN, KY, LA, MI, NH, OH, PA, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- kleinfeldercapital.com
- LinkedIn @kleinfelder-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $195,049,737 | 3 | March 3, 2021 |
| October 2022 | $222,506,989 | 3 | January 27, 2022 |
| October 2023 | $208,598,235 | 5 | July 6, 2023 |
| October 2024 | $244,752,581 | 4 | March 14, 2024 |
| October 2025 | $306,833,604 | 4 | February 24, 2025 |
| October 2026 | $376,572,585 | 5 | September 3, 2026 |

Regulatory assets under management: $195,049,737 in the October 2021 data and $376,572,585 in the October 2026 data, up 93%.
Total employees: 3 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $306,833,604 to $376,572,585 (+23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Kleinfelder Capital, Inc. (CRD 289345): Form ADV filing data as of October 2026.