{"url":"https://nivawealth.com/firms/callahan-capital-management-110568","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110568","regulatoryAum":217474510,"crd":"110568","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4581669","suffix":null,"lastName":"JOHNSON","firstName":"PETER","middleName":"CHARLES"},{"crd":"4566673","suffix":null,"lastName":"KIRSCHNER","firstName":"HAROLD","middleName":"WALTER"},{"crd":"6782261","suffix":null,"lastName":"McCollum","firstName":"John","middleName":"D"},{"crd":"5030899","suffix":null,"lastName":"SHEPARD","firstName":"DAVID","middleName":"BRUCE"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-11","regulatoryAum":154042905,"clients":326,"employees":3,"offices":2},{"filedOn":"2022-03-21","regulatoryAum":172450071,"clients":338,"employees":3,"offices":2},{"filedOn":"2023-04-28","regulatoryAum":146185415,"clients":398,"employees":4,"offices":2},{"filedOn":"2024-03-29","regulatoryAum":179572366,"clients":398,"employees":4,"offices":2},{"filedOn":"2025-07-28","regulatoryAum":193891599,"clients":419,"employees":5,"offices":2},{"filedOn":"2026-03-31","regulatoryAum":217474510,"clients":389,"employees":5,"offices":2}],"secFileNumber":"801-110441","legalName":"Callahan 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BROCHURE","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:07:29.911735+00:00","documents":[{"name":"2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035062","versionId":1035062,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":208354428}],"custodyNote":"Callahan Capital Management has custody of $58.1M for 185 clients.","otherCustodians":[],"leadership":[{"name":"David Shepard","title":"President / CCO","crd":"5030899"}],"ownership":[{"label":"David Shepard","detail":"President / cco in the 75% or more ownership band and a control person, since December 2012."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Colorado","offices":2,"addresses":[{"street":"1169 Hilltop Pkwy, 106a","city":"Steamboat Springs","headquarters":true},{"street":"9110 East Nichols Avenue, #122","city":"Centennial"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"970-870-8750","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":17},{"label":"Sovereign bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Cash and cash 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They include 327 individual clients and 62 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Callahan Capital Management offer?","answer":"Callahan Capital Management provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Callahan Capital Management charge?","answer":"Callahan Capital Management charges up to 1.00% a year for its Investment Management Fee. The fee is billed in advance and is negotiable.","source":"2A BROCHURE, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Callahan Capital Management use?","answer":"Callahan Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $208M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Callahan Capital Management have?","answer":"Callahan Capital Management has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Callahan Capital Management invest in?","answer":"At the end of its last fiscal year, Callahan Capital Management’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 17% exchange-traded equities, 5% cash and equivalents, 2% sovereign bonds and 1% other. The 1% other category is described as: Annuities.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Callahan Capital Management?","answer":"Callahan Capital Management’s direct owner is David Shepard (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Callahan Capital Management get paid?","answer":"Callahan Capital Management 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Callahan Capital Management?","answer":"Callahan Capital Management’s main office is at 1169 Hilltop Pkwy, 106a, Steamboat Springs, CO 80487-2523. Its phone number is 970-870-8750. Its website is callahancapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}