# Klingenstein Fields Advisors

> Klingenstein Fields Advisors is an SEC-registered investment advisory firm in New York, NY, registered since 1988, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 28, 2026.

- CRD: 105907
- Filed as: KLINGENSTEIN FIELDS ADVISORS
- Legal name: Klingenstein, Fields & Co., L.P.
- Also doing business as: KLINGENSTEIN FIELDS ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: July 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105907
- AdvisorCensus page: https://advisorcensus.com/firm/klingenstein-fields-advisors-new-york-ny-105907

## Quick answers

**How is Klingenstein Fields Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Klingenstein Fields Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**How much does Klingenstein Fields Advisors charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: up to 1% 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 Klingenstein Fields Advisors located?**
Klingenstein Fields Advisors' principal office is in New York, NY, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Klingenstein Fields Advisors registered with the SEC or a state?**
Klingenstein Fields Advisors is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 105907.

**How much does Klingenstein Fields Advisors manage?**
Klingenstein Fields Advisors reports $4,698,833,301 in regulatory assets under management in its Form ADV filing dated July 28, 2026 (84% discretionary).

**How have Klingenstein Fields Advisors' assets and staff changed since 2021?**
In the Form ADV data for Klingenstein Fields Advisors: Regulatory assets under management: $4,521,836,611 in the October 2021 data and $4,698,833,301 in the October 2026 data, up 4%. Total employees: 43 in October 2021 and 39 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Klingenstein Fields Advisors serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (977); individuals (other than high net worth individuals) (260); charitable organizations (41).

**Which custodians does Klingenstein Fields Advisors use?**
Klingenstein Fields Advisors' 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 Klingenstein Fields Advisors 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/105907

**What changed in Klingenstein Fields Advisors' recent Form ADV filings?**
In the February 2026 filing data: Registered or notice-filed in NE.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: up to 1% of assets a year (the maximum the brochure states)

> As compensation for standard investment advisory services provided to clients, KF Advisors charges an investment advisory fee based upon the total market value of all managed assets in a client's account at an annual rate that ranges up to 1.00% percent annually

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: $4,698,833,301
- Discretionary: $3,967,042,588
- Non-discretionary: $731,790,713

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 260 | $66,843,735 |
| High net worth individuals | 977 | $3,903,189,260 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $171,519,914 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $2,041,648 |
| Charitable organizations | 41 | $445,464,402 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 17 | $109,774,342 |

### 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)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1988 (37 years)
- Employees: 39 total, 18 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CT, DE, FL, IL, MA, MD, NC, NE, NH, NJ, NY, OH, PA, RI, TX, VA, VI, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- klingenstein.com
- Instagram @klingensteinfieldsadvisors
- LinkedIn @KLINGENSTEIN-FIELDS
- YouTube @UCn5QmtZImDHOpi_8ok1kupA
- X @KFADVISORS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,521,836,611 | 43 | July 29, 2021 |
| October 2022 | $5,227,439,916 | 39 | August 11, 2022 |
| October 2023 | $4,314,283,487 | 40 | July 28, 2023 |
| October 2024 | $4,590,005,998 | 40 | July 30, 2024 |
| October 2025 | $4,737,298,353 | 40 | July 31, 2025 |
| October 2026 | $4,698,833,301 | 39 | July 28, 2026 |

Regulatory assets under management: $4,521,836,611 in the October 2021 data and $4,698,833,301 in the October 2026 data, up 4%.
Total employees: 43 in October 2021 and 39 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Registered or notice-filed in NE.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Klingenstein Fields Advisors (CRD 105907): Form ADV filing data as of October 2026.