{
  "crd_number": 113989,
  "slug": "kohlhepp-investment-advisors-ltd-doylestown-pa-113989",
  "primary_business_name": "KOHLHEPP INVESTMENT ADVISORS, LTD.",
  "legal_name": "KOHLHEPP INVESTMENT ADVISORS, LTD.",
  "dbas": [],
  "city": "Doylestown",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2001-09-24",
  "years_registered": 25,
  "period": "2026-10-01",
  "filing_date": "2026-03-24",
  "carried_forward": false,
  "raum_total": 204634160.0,
  "raum_discretionary": 204598780.0,
  "raum_non_discretionary": 35380.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 76151413.0,
      "count": 170
    },
    "pension_profit_sharing": {
      "raum": 1736679.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 126746068.0,
      "count": 31
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "LA",
    "NJ",
    "PA",
    "TX",
    "VA"
  ],
  "websites": [
    "https://kohlheppadvisors.com",
    "https://linkedin.com/company/kohlhepp-investment-advisors-ltd./about",
    "https://linkedin.com/in/edkohlheppjr",
    "https://linkedin.com/in/todd-purring-a4256322"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/113989",
  "city_as_filed": "DOYLESTOWN",
  "url": "https://advisorcensus.com/firm/kohlhepp-investment-advisors-ltd-doylestown-pa-113989",
  "display_name": "Kohlhepp Investment Advisors, Ltd.",
  "summary": "Kohlhepp Investment Advisors, Ltd. is an SEC-registered investment advisory firm in Doylestown, PA, registered since 2001, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.",
  "citation": "AdvisorCensus. Kohlhepp Investment Advisors, Ltd. (CRD 113989): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Kohlhepp Investment Advisors, Ltd. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Kohlhepp Investment Advisors, Ltd. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Kohlhepp Investment Advisors, Ltd. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 23, 2026 states: Hourly rate: $450 an hour (Financial Analysis). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Kohlhepp Investment Advisors, Ltd. located?",
      "a": "Kohlhepp Investment Advisors, Ltd.'s principal office is in Doylestown, PA, according to its Form ADV."
    },
    {
      "q": "Is Kohlhepp Investment Advisors, Ltd. registered with the SEC or a state?",
      "a": "Kohlhepp Investment Advisors, Ltd. is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 113989."
    },
    {
      "q": "How much does Kohlhepp Investment Advisors, Ltd. manage?",
      "a": "Kohlhepp Investment Advisors, Ltd. reports $204,634,160 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Kohlhepp Investment Advisors, Ltd.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Kohlhepp Investment Advisors, Ltd.: Regulatory assets under management: $163,157,153 in the October 2021 data and $204,634,160 in the October 2026 data, up 25%. Total employees: 6 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Kohlhepp Investment Advisors, Ltd. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (170); high net worth individuals (31)."
    },
    {
      "q": "Which custodians does Kohlhepp Investment Advisors, Ltd. use?",
      "a": "Kohlhepp Investment Advisors, Ltd.'s 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."
    },
    {
      "q": "Does Kohlhepp Investment Advisors, Ltd. report any disciplinary disclosures?",
      "a": "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/113989"
    },
    {
      "q": "Does Kohlhepp Investment Advisors, Ltd. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 23, 2026 says: \"The minimum investment for accounts is $25,000. However, clients may be permitted to invest less than $25,000 based on information provided by the client to Kohlhepp Investment Advisors, Ltd. that investing a lower amount is appropriate for the client, or the client has established additional managed accounts with the firm.\""
    },
    {
      "q": "What changed in Kohlhepp Investment Advisors, Ltd.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 4 to 3. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 163157153.0,
      "total_employees": 6,
      "filing_date": "2021-03-10"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 190424358.0,
      "total_employees": 6,
      "filing_date": "2022-03-17"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 155995374.0,
      "total_employees": 6,
      "filing_date": "2023-04-11"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 173210706.0,
      "total_employees": 6,
      "filing_date": "2024-02-17"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 191033315.0,
      "total_employees": 6,
      "filing_date": "2025-03-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 204634160.0,
      "total_employees": 6,
      "filing_date": "2026-03-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 3.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in DE, MA, MD, NC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 23, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$25,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $450 an hour (Financial Analysis)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $25,000"
        ],
        "quotes": [
          "The minimum investment for accounts is $25,000. However, clients may be permitted to invest less than $25,000 based on information provided by the client to Kohlhepp Investment Advisors, Ltd. that investing a lower amount is appropriate for the client, or the client has established additional managed accounts with the firm."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $450 an hour (Financial Analysis)"
        ],
        "quotes": [
          "Financial Analysis: The fee is negotiable and varies from client to client but does not exceed $450 per hour."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 25000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 450.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Financial Analysis"
        }
      ]
    },
    "quotes": [
      "The minimum investment for accounts is $25,000. However, clients may be permitted to invest less than $25,000 based on information provided by the client to Kohlhepp Investment Advisors, Ltd. that investing a lower amount is appropriate for the client, or the client has established additional managed accounts with the firm.",
      "Financial Analysis: The fee is negotiable and varies from client to client but does not exceed $450 per hour."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/kohlhepp-investment-advisors-ltd-doylestown-pa-113989.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 170,
      "fewer_than_5": false,
      "raum": 76151413.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 31,
      "fewer_than_5": false,
      "raum": 126746068.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 1736679.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/113989",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}