Kastel Capital Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 11–25 clients last fiscal year.
Kastel Capital Advisors reports 67 clients. They include 54 high-net-worth individuals and 13 individual clients. Of its assets, 77.7% ($150M across 237 accounts) are managed with discretion; $43.1M across 28 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 19% | 5% |
| High-net-worth individuals | 81% | 72% |
| Pension and profit-sharing plans | Fewer than 5 | 2% |
| Charitable organizations | Fewer than 5 | 22% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 13 | $8.79M | 4.5% | $676K |
| High-net-worth individuals | 54 | $138M | 71.7% | $2.56M |
| Pension and profit-sharing plans | Fewer than 5 | $3.05M | 1.6% | — |
| Charitable organizations | Fewer than 5 | $42.9M | 22.2% | — |
| Total | 67 | $193M | 100% | — |
- Clients
- 13
- Regulatory AUM
- $8.79M
- AUM share
- 4.5%
- Avg. per client
- $676K
- Clients
- 54
- Regulatory AUM
- $138M
- AUM share
- 71.7%
- Avg. per client
- $2.56M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.05M
- AUM share
- 1.6%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $42.9M
- AUM share
- 22.2%
- Avg. per client
- —
Total
- Clients
- 67
- Regulatory AUM
- $193M
- 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
- 11–25
Kastel Capital Advisors charges 0.60%–1.00% a year for its Asset-Based Fees for Wealth Management Services. The fee is billed in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Estate Planning Services
- Estate planning services offered through Wealth.com are a one-time fixed fee of up to $2,000.
- One-Time Project Fees
- Portfolio assessments, financial plans and other one-time projects are billed at $325 an hour.
- Tax Planning Services
- Tax planning is a separate service billed on a fixed fee set by the scope of work.
Drasko Kovrlija owns 75% or more of Kastel Capital Advisors. The leadership team of Kastel Capital Advisors includes President Drasko Kovrlija. It has 3 employees.
Leadership
- Drasko KovrlijaPresident & Chief Compliance Officer
- Matthew PierceShareholder
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Kastel Capital Advisors, LLC
Drasko Kovrlija
Control person · since April 2015
- Owns 10% to 25% of Kastel Capital Advisors, LLC
Matthew Pierce
since April 2022
Kastel Capital Advisors’ regulatory assets grew 1.8× from $106M (March 2021) to $193M (June 2026); clients rose from 55 to 67 and employees fell from 4 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $193M | 67 | 3 | 1 |
| May 2025 | $165M | 70 | 3 | 1 |
| April 2024 | $138M | 66 | 3 | 1 |
| March 2023 | $114M | 59 | 3 | 1 |
| April 2022 | $118M | 54 | 3 | 1 |
| March 2021 | $106M | 55 | 4 | 1 |
Besides its headquarters, Kastel Capital Advisors has 0 offices, with 1 listed address in Massachusetts.
Massachusetts · 1 listed address
- 40 Grove Street, Suite 190, WellesleyHQ
Contact and registration details
- Legal name
- Kastel Capital Advisors, LLC
- Headquarters
- 40 Grove Street, Suite 190, Wellesley, MA 02482
- Website
- kastelcapital.com
- Phone
- 888-622-2285
- SEC file
- 801-117355
- Structure
- Massachusetts LLC
- Fiscal year end
- December
Kastel Capital Advisors uses Fidelity ($137M, 72%) and Charles Schwab ($54.3M, 28%) as custodians for its separately managed accounts. Kastel Capital Advisors does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $137M72%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $54.3M28%
At year end, Kastel Capital Advisors’ separately managed accounts were mostly in stocks (92%). Its reported 13F holdings for the quarter ended 30 June 2026 total $158M across 57 positions; the largest are iShares TR (14.6%), Fidelity Merrimack Str TR (14.0%) and iShares TR (10.1%).
What the accounts hold
- Stocks92%
- Exchange-traded equities90%
- Non-exchange-traded equities2%
- Funds5%
- Cash3%
Reported 13F holdings
- $158M
- Reported 13F value
- 57
- Positions
- 64.6%
- In the 10 largest
- −2.9%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF14.6%
- Fidelity Merrimack Str TR · Total BD ETF14.0%
- iShares TR · Core MSCI Total10.1%
- Vanguard Admiral Fds Inc. · Midcp 400 Idx6.1%
- Schwab Strategic TR · US Tips ETF4.9%
- Vanguard Specialized Funds · Div App ETF3.8%
- iShares TR · 0-3 Mth Treasury3.2%
- Vanguard Index Fds · S&P 500 ETF Shs3.1%
- iShares TR · National Mun ETF2.6%
- Vanguard Whitehall Fds · Intl High ETF2.5%
Together, the ten largest are 64.6% of reported value.
How many clients does Kastel Capital Advisors have?
Kastel Capital Advisors has 67 clients and manages $193 million for them, as of June 2026. They include 54 high-net-worth individuals and 13 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 June 2026
What services does Kastel Capital Advisors offer?
Kastel Capital Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Kastel Capital Advisors charge?
Kastel Capital Advisors charges 0.60%–1.00% a year for its Asset-Based Fees for Wealth Management Services. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A-KASTEL CAPITAL ADVISORS, LLC, filed 25 February 2026
Which custodians does Kastel Capital Advisors use?
Kastel Capital Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $137M and Charles Schwab & Co., Inc. (San Francisco, CA), with $54.3M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 June 2026
How many financial advisors does Kastel Capital Advisors have?
Kastel Capital Advisors has 3 investment adviser representatives registered with state securities authorities, out of 3 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
What does Kastel Capital Advisors invest in?
At the end of its last fiscal year, Kastel Capital Advisors’ separately managed accounts held 90% exchange-traded equities, 5% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents and 2% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Kastel Capital Advisors?
Kastel Capital Advisors’ direct owners are Drasko Kovrlija (75% or more) and Matthew Pierce (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 1 June 2026
How does Kastel Capital Advisors get paid?
Kastel Capital Advisors is paid through a percentage of assets under management, hourly charges 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 Kastel Capital Advisors?
Kastel Capital Advisors’ main office is at 40 Grove Street, Suite 190, Wellesley, MA 02482. Its phone number is 888-622-2285. Its website is kastelcapital.com.