# Klingman and Associates, LLC

> Klingman and Associates, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2007, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 1, 2026.

- CRD: 125618
- Filed as: KLINGMAN AND ASSOCIATES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/125618
- AdvisorCensus page: https://advisorcensus.com/firm/klingman-and-associates-llc-new-york-ny-125618

## Quick answers

**How is Klingman and Associates, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Klingman and Associates, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Klingman and Associates, LLC charge?**
Its Form ADV Part 2A brochure dated March 19, 2026 states: Flat fee: $5,000 to $300,000 (retainer services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Klingman and Associates, LLC located?**
Klingman and Associates, LLC's principal office is in New York, NY, according to its Form ADV.

**Is Klingman and Associates, LLC registered with the SEC or a state?**
Klingman and Associates, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 125618.

**How much does Klingman and Associates, LLC manage?**
Klingman and Associates, LLC reports $5,664,692,453 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (73% discretionary).

**How have Klingman and Associates, LLC's assets and staff changed since 2021?**
In the Form ADV data for Klingman and Associates, LLC: Regulatory assets under management: $2,700,574,582 in the October 2021 data and $5,664,692,453 in the October 2026 data, up 110%. Total employees: 18 in October 2021 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Klingman and Associates, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (456); individuals (other than high net worth individuals) (248); pension and profit sharing plans (but not the plan participants or government pension plans) (3).

**Which custodians does Klingman and Associates, LLC use?**
Klingman and Associates, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Principal Securities, Inc. and Raymond James & Associates, Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Klingman and Associates, 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/125618

**Does Klingman and Associates, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 19, 2026 says: "In general, we require a minimum of $2,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."

**What changed in Klingman and Associates, LLC's recent Form ADV filings?**
In the June 2026 filing data: Registered or notice-filed in OH.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 19, 2026)

- Account minimum: $2,000,000 (the brochure says it may be waived or negotiated)

> In general, we require a minimum of $2,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.

- Flat fee: $5,000 to $300,000 (retainer services)

> K&A charges a fixed fee for retainer services typically ranging from $5,000 to $300,000, as agreed upon in your client agreement,

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Principal Securities, Inc.
- Raymond James & Associates, 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: $5,664,692,453
- Discretionary: $4,136,393,850
- Non-discretionary: $1,528,298,603

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 248 | $98,948,678 |
| High net worth individuals | 456 | $4,334,460,026 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $1,205,316,096 |
| Charitable organizations | 2 | $25,967,653 |

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

### Firm details
- Registered since: 2007 (19 years)
- Employees: 25 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, DC, FL, IL, LA, MA, MD, NC, NE, NH, NJ, NY, OH, PA, SC, TX, VA, VT, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- klingmanria.com
- Facebook @KLINGMANANDASSOCIATES
- LinkedIn @972321
- YouTube @UCFqVlEaE97jugGqELAJ6mUg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,700,574,582 | 18 | April 13, 2021 |
| October 2022 | $3,120,211,209 | 19 | July 26, 2022 |
| October 2023 | $2,777,261,597 | 22 | March 8, 2023 |
| October 2024 | $3,276,784,099 | 22 | March 14, 2024 |
| October 2025 | $4,836,523,207 | 25 | March 20, 2025 |
| October 2026 | $5,664,692,453 | 25 | May 1, 2026 |

Regulatory assets under management: $2,700,574,582 in the October 2021 data and $5,664,692,453 in the October 2026 data, up 110%.
Total employees: 18 in October 2021 and 25 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Registered or notice-filed in OH.

### April 2026
- Regulatory assets under management went from $4,836,523,207 to $5,664,692,453 (+17%).
- Registered or notice-filed in IL, VT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Klingman and Associates, LLC (CRD 125618): Form ADV filing data as of October 2026.