Applied Capital provides portfolio management for individuals and small businesses.
Applied Capital reports 265 clients. They include 188 individual clients, 76 high-net-worth individuals and 1 corporate or other business client. Of its assets, 100.0% ($157M across 421 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 71% | 27% |
| High-net-worth individuals | 29% | 73% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 188 | $42.5M | 27.0% | $226K |
| High-net-worth individuals | 76 | $115M | 72.9% | $1.51M |
| Corporations and other businesses | Fewer than 5 | $205K | 0.1% | $205K |
| Total | 265 | $157M | 100% | — |
- Clients
- 188
- Regulatory AUM
- $42.5M
- AUM share
- 27.0%
- Avg. per client
- $226K
- Clients
- 76
- Regulatory AUM
- $115M
- AUM share
- 72.9%
- Avg. per client
- $1.51M
- Clients
- Fewer than 5
- Regulatory AUM
- $205K
- AUM share
- 0.1%
- Avg. per client
- $205K
Total
- Clients
- 265
- Regulatory AUM
- $157M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Applied Capital charges up to 1.80% a year for its Portfolio Management Fee. The fee is billed in arrears, is negotiable and requires an account of at least $100,000.
Fee details and sources
Lenny Kisin owns 75% or more of Applied Capital. The leadership team of Applied Capital includes President Lenny Kisin. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Applied Capital LLC
Lenny Kisin
Control person · since October 2003
Applied Capital’s regulatory assets grew from $113M (January 2022) to $157M (September 2026); clients were 265 in both filings and employees rose from 1 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $157M | 265 | 2 | 1 |
| Mar 2025March 2025 | $133M | 252 | 1 | 1 |
| Jan 2024January 2024 | $111M | 253 | 1 | 1 |
| Jan 2023January 2023 | $102M | 187 | 1 | 1 |
| Jan 2022January 2022 | $113M | 262 | 1 | 1 |
Besides its headquarters, Applied Capital has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Applied Capital LLC
- Headquarters
- Not reported
- Website
- appliedcapitalllc.com
- Phone
- 561-690-9955
- SEC file
- 801-122829
- Structure
- Florida LLC
- Fiscal year end
- December
Applied Capital’s named custodian for separately managed accounts is Charles Schwab ($101M). Applied Capital does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $101M100%
At year end, Applied Capital’s separately managed accounts were mostly in stocks (98%). Its reported 13F holdings for the quarter ended 30 June 2026 total $246M across 93 positions; the largest are State Str SPDR S&P 500 ETF T (call option) (39.2%), Alphabet Inc. (3.6%) and Microsoft Corp. (2.1%).
What the accounts hold
- Stocks98%
- Other2%
- Derivatives2%
How many clients does Applied Capital have?
Applied Capital has 265 clients and manages $157 million for them, as of September 2026. They include 188 individual clients, 76 high-net-worth individuals and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 September 2026
What services does Applied Capital offer?
Applied Capital provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Applied Capital charge?
Applied Capital charges up to 1.80% a year for its Portfolio Management Fee. The fee is billed in arrears, is negotiable and requires an account of at least $100,000.
Which custodians does Applied Capital use?
Applied Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $101M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 September 2026
How many financial advisors does Applied Capital have?
Applied Capital has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Applied Capital invest in?
At the end of its last fiscal year, Applied Capital’s separately managed accounts held 98% exchange-traded equities and 2% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Applied Capital have a minimum investment?
Yes, Applied Capital’s minimum account size for its Portfolio Management Fee is $100K.
Who owns Applied Capital?
Applied Capital’s direct owner is Lenny Kisin (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 11 September 2026
How does Applied Capital get paid?
Applied Capital is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Applied Capital?
Its phone number is 561-690-9955. Its website is appliedcapitalllc.com.