CKW Financial Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 11–25 clients last fiscal year.
CKW Financial Group reports 651 clients. They include 295 high-net-worth individuals, 249 individual clients, and 53 corporations and other businesses. Of its assets, 52.3% ($1.32B across 1,555 accounts) are managed with discretion; $1.21B across 45 accounts are not. A wrap fee program the firm both sponsors and manages holds $2.53B.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 38% | 3% |
| High-net-worth individuals | 45% | 29% |
| Pension and profit-sharing plans | 4% | 55% |
| Charitable organizations | 4% | 3% |
| Corporations and other businesses | 8% | 11% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 249 | $64.8M | 2.6% | $260K |
| High-net-worth individuals | 295 | $726M | 28.7% | $2.46M |
| Pension and profit-sharing plans | 28 | $1.38B | 54.6% | $49.3M |
| Charitable organizations | 26 | $85.5M | 3.4% | $3.29M |
| Corporations and other businesses | 53 | $270M | 10.7% | $5.1M |
| Total | 651 | $2.53B | 100% | $3.88M |
- Clients
- 249
- Regulatory AUM
- $64.8M
- AUM share
- 2.6%
- Avg. per client
- $260K
- Clients
- 295
- Regulatory AUM
- $726M
- AUM share
- 28.7%
- Avg. per client
- $2.46M
- Clients
- 28
- Regulatory AUM
- $1.38B
- AUM share
- 54.6%
- Avg. per client
- $49.3M
- Clients
- 26
- Regulatory AUM
- $85.5M
- AUM share
- 3.4%
- Avg. per client
- $3.29M
- Clients
- 53
- Regulatory AUM
- $270M
- AUM share
- 10.7%
- Avg. per client
- $5.1M
Total
- Clients
- 651
- Regulatory AUM
- $2.53B
- AUM share
- 100%
- Avg. per client
- $3.88M
- 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
- 11–25
CKW Financial Group is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Carl Choy owns 50% to 75% of CKW Financial Group. It has 7 employees, 2 of them in advisory roles.
Staff
- 7 employees
- 2 in advisory functions
- 3 state-registered reps
- 2 insurance agents
- Owns 50% to 75% of CKW Financial Group, LLC
Carl Choy
Control person · since October 2009
- Owns 25% to 50% of CKW Financial Group, LLC
Lynne Kinney
Control person · since October 2009
CKW Financial Group’s regulatory assets grew 1.6× from $1.54B (March 2021) to $2.53B (March 2026); clients rose from 526 to 651 and employees fell from 8 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $2.53B | 651 | 7 | 2 |
| Mar 2025March 2025 | $2.21B | 624 | 7 | 2 |
| Mar 2024March 2024 | $1.97B | 614 | 7 | 1 |
| Mar 2023March 2023 | $1.66B | 620 | 9 | 1 |
| Mar 2022March 2022 | $1.96B | 601 | 8 | 1 |
| Mar 2021March 2021 | $1.54B | 526 | 8 | 1 |
Besides its headquarters, CKW Financial Group has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Hawaii · 1 listed address
- 1003 Bishop Street, Suite 1950, HonoluluHQ
Contact and registration details
- Legal name
- CKW Financial Group, LLC
- Headquarters
- 1003 Bishop Street, Suite 1950, Honolulu, HI 96813
- Website
- ckwhawaii.com
- Phone
- 808-629-7600
- SEC file
- 801-70788
- Structure
- Hawaii LLC
- Fiscal year end
- December
CKW Financial Group’s named custodians for separately managed accounts are First Hawaiian Bank ($1.16B, 53%) and Fidelity ($1.03B, 47%). CKW Financial Group has custody of $256M for 170 clients.
- FidelityNational Financial Services LLC · Boston, MA · $1.03B47%
- First Hawaiian BankFirst Hawaiian Bank · Honolulu, HI · $1.16B53%
At year end, CKW Financial Group’s separately managed accounts were mostly in stocks (74%) and funds (21%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.02M across 317 positions; the largest are iShares Core S&P 500 ETF (46.4%), iShares Trust Core MSCI Eafe ETF (20.7%) and iShares Core MSCI Emerging Markets ETF (9.7%).
What the accounts hold
- Stocks74%
- Funds21%
- Bonds2%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- Cash2%
- Other1%
- Real estate, annuities, donor advised funds, life insurance policies1%
How many clients does CKW Financial Group have?
CKW Financial Group has 651 clients and manages $2.53 billion for them, as of March 2026. They include 295 high-net-worth individuals, 249 individual clients, and 53 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does CKW Financial Group offer?
CKW Financial Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does CKW Financial Group use?
CKW Financial Group’s separately managed account assets are held at First Hawaiian Bank (Honolulu, HI), with $1.16B and National Financial Services LLC (Boston, MA), with $1.03B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does CKW Financial Group have?
CKW Financial Group has 3 investment adviser representatives registered with state securities authorities, out of 7 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are 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 CKW Financial Group invest in?
At the end of its last fiscal year, CKW Financial Group’s separately managed accounts held 74% exchange-traded equities, 21% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents, 1% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% other. The 1% other category is described as: Real Estate, Annuities, Donor Advised Funds, Life Insurance Policies.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns CKW Financial Group?
CKW Financial Group’s direct owners are Lynne Kinney (25% to 50%) and Carl Choy (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does CKW Financial Group get paid?
CKW Financial Group is paid through a percentage of assets under management and fixed fees. 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 CKW Financial Group?
CKW Financial Group’s main office is at 1003 Bishop Street, Suite 1950, Honolulu, HI 96813. Its phone number is 808-629-7600. Its website is ckwhawaii.com.