# Luther King Capital Management Corporation

> Luther King Capital Management Corporation is an SEC-registered investment advisory firm in Fort Worth, TX, registered since 1979, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 24, 2026.

- CRD: 110093
- Filed as: LUTHER KING CAPITAL MANAGEMENT CORPORATION
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Fort Worth, TX
- Filing period: October 2026
- Form ADV filing dated: June 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110093
- AdvisorCensus page: https://advisorcensus.com/firm/luther-king-capital-management-corporation-fort-worth-tx-110093

## Quick answers

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

**Where is Luther King Capital Management Corporation located?**
Luther King Capital Management Corporation's principal office is in Fort Worth, TX, according to its Form ADV; the July 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Luther King Capital Management Corporation registered with the SEC or a state?**
Luther King Capital Management Corporation is an SEC-registered investment advisory firm, registered since 1979. Status as filed: Approved. CRD 110093.

**How much does Luther King Capital Management Corporation manage?**
Luther King Capital Management Corporation reports $31,502,889,370 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (99% discretionary).

**How have Luther King Capital Management Corporation's assets and staff changed since 2021?**
In the Form ADV data for Luther King Capital Management Corporation: Regulatory assets under management: $24,677,907,093 in the October 2021 data and $31,502,889,370 in the October 2026 data, up 28%. Total employees: 85 in October 2021 and 110 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Luther King Capital Management Corporation serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (2,304); other investment advisers (486); charitable organizations (232).

**Which custodians does Luther King Capital Management Corporation use?**
Luther King Capital Management Corporation's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Frost Bank as custodians holding 10% or more of its separately managed account assets.

**Does Luther King Capital Management Corporation 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/110093

**What changed in Luther King Capital Management Corporation's recent Form ADV filings?**
In the July 2026 filing data: Employees performing advisory functions went from 72 to 73.

## 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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Frost Bank

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: $31,502,889,370
- Discretionary: $31,269,330,887
- Non-discretionary: $233,558,483

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 216 | $36,632,503 |
| High net worth individuals | 2,304 | $11,259,321,244 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 7 | $1,376,045,728 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 18 | $6,019,559,844 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 38 | $657,880,240 |
| Charitable organizations | 232 | $4,891,131,068 |
| State or municipal government entities (including government pension plans) | 5 | $322,030,091 |
| Other investment advisers | 486 | $2,651,837,033 |
| Insurance companies | 1 | $41,043,051 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 219 | $4,247,408,568 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 1979 (47 years)
- Employees: 110 total, 73 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AR, AZ, CA, CO, CT, DC, DE, FL, GA, ID, IL, LA, MA, MN, MO, MT, NC, NE, NM, NV, NY, OK, OR, SC, SD, TN, TX, VA, WA, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Austin, TX
- Dallas, TX
- San Antonio, TX

### Websites listed on Form ADV (Item 1.I)
- lkcm.com
- lkcmfunds.com
- lkcmheadwater.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $24,677,907,093 | 85 | June 29, 2021 |
| October 2022 | $27,691,006,880 | 96 | June 28, 2022 |
| October 2023 | $26,634,916,956 | 97 | June 28, 2023 |
| October 2024 | $30,485,271,519 | 101 | June 28, 2024 |
| October 2025 | $30,147,517,560 | 105 | June 27, 2025 |
| October 2026 | $31,502,889,370 | 110 | June 24, 2026 |

Regulatory assets under management: $24,677,907,093 in the October 2021 data and $31,502,889,370 in the October 2026 data, up 28%.
Total employees: 85 in October 2021 and 110 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Employees performing advisory functions went from 72 to 73.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Luther King Capital Management Corporation (CRD 110093): Form ADV filing data as of October 2026.