# Kohlhepp Investment Advisors, Ltd.

> 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.

- CRD: 113989
- Filed as: KOHLHEPP INVESTMENT ADVISORS, LTD.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Doylestown, PA
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/113989
- AdvisorCensus page: https://advisorcensus.com/firm/kohlhepp-investment-advisors-ltd-doylestown-pa-113989

## Quick answers

**How is Kohlhepp Investment Advisors, Ltd. compensated?**
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).

**Where is Kohlhepp Investment Advisors, Ltd. located?**
Kohlhepp Investment Advisors, Ltd.'s principal office is in Doylestown, PA, according to its Form ADV.

**Is Kohlhepp Investment Advisors, Ltd. registered with the SEC or a state?**
Kohlhepp Investment Advisors, Ltd. is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 113989.

**How much does Kohlhepp Investment Advisors, Ltd. manage?**
Kohlhepp Investment Advisors, Ltd. reports $204,634,160 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).

**How have Kohlhepp Investment Advisors, Ltd.'s assets and staff changed since 2021?**
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.

**What types of clients does Kohlhepp Investment Advisors, Ltd. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (170); high net worth individuals (31).

**Which custodians does Kohlhepp Investment Advisors, Ltd. use?**
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.

**Does Kohlhepp Investment Advisors, Ltd. 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/113989

**Does Kohlhepp Investment Advisors, Ltd. state an account minimum?**
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."

**What changed in Kohlhepp Investment Advisors, Ltd.'s recent Form ADV filings?**
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).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Account minimum: $25,000

> 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.

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: $204,634,160
- Discretionary: $204,598,780
- Non-discretionary: $35,380

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 170 | $76,151,413 |
| High net worth individuals | 31 | $126,746,068 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $1,736,679 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2001 (25 years)
- Employees: 6 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, LA, NJ, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- kohlheppadvisors.com
- LinkedIn @kohlhepp-investment-advisors-ltd.
- LinkedIn @edkohlheppjr
- LinkedIn @todd-purring-a4256322

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $163,157,153 | 6 | March 10, 2021 |
| October 2022 | $190,424,358 | 6 | March 17, 2022 |
| October 2023 | $155,995,374 | 6 | April 11, 2023 |
| October 2024 | $173,210,706 | 6 | February 17, 2024 |
| October 2025 | $191,033,315 | 6 | March 17, 2025 |
| October 2026 | $204,634,160 | 6 | March 24, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 3.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in DE, MA, MD, NC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Kohlhepp Investment Advisors, Ltd. (CRD 113989): Form ADV filing data as of October 2026.