Keating Investment Counselors provides portfolio management for individuals and small businesses and portfolio management for investment companies.
Keating Investment Counselors reports 157 clients. They include 85 high-net-worth individuals, 65 individual clients and 3 charitable organizations. Of its assets, 98.7% ($378M across 364 accounts) are managed with discretion; $5.01M across 2 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 41% | 3% |
| High-net-worth individuals | 54% | 64% |
| Investment companies | <1% | 25% |
| Pension and profit-sharing plans | 1% | 5% |
| Charitable organizations | 2% | 2% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 65 | $12.2M | 3.2% | $187K |
| High-net-worth individuals | 85 | $246M | 64.3% | $2.9M |
| Investment companies | 1 | $96.9M | 25.3% | $96.9M |
| Pension and profit-sharing plans | Fewer than 5 | $19.2M | 5.0% | $9.61M |
| Charitable organizations | Fewer than 5 | $8.39M | 2.2% | $2.8M |
| Corporations and other businesses | Fewer than 5 | $114K | 0.0% | $114K |
| Total | 157 | $383M | 100% | — |
- Clients
- 65
- Regulatory AUM
- $12.2M
- AUM share
- 3.2%
- Avg. per client
- $187K
- Clients
- 85
- Regulatory AUM
- $246M
- AUM share
- 64.3%
- Avg. per client
- $2.9M
- Clients
- 1
- Regulatory AUM
- $96.9M
- AUM share
- 25.3%
- Avg. per client
- $96.9M
- Clients
- Fewer than 5
- Regulatory AUM
- $19.2M
- AUM share
- 5.0%
- Avg. per client
- $9.61M
- Clients
- Fewer than 5
- Regulatory AUM
- $8.39M
- AUM share
- 2.2%
- Avg. per client
- $2.8M
- Clients
- Fewer than 5
- Regulatory AUM
- $114K
- AUM share
- 0.0%
- Avg. per client
- $114K
Total
- Clients
- 157
- Regulatory AUM
- $383M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Keating Investment Counselors charges 0.60%–1.25% a year for its Investment Supervisory Services. The fee is billed in arrears, is negotiable, has a $2,000 annual minimum and requires an account of at least $1,000,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- General consulting
- Short-term general consulting on a single area of concern is billed hourly, typically $350 per hour, upon completion of the consultation.
Richard Keating owns 75% or more of Keating Investment Counselors. The leadership team of Keating Investment Counselors includes President Richard Keating. It has 3 employees, 2 of them in advisory roles.
Leadership
- Richard KeatingChief Compliance Officer/President/Portfolio Manager/Investment Analyst
- Ana KeatingSecretary/Treasurer/Office Manager
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Pablo Cavanagh
- Richard Travis Keating
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Keating Investment Counselors Inc
Richard Keating
Control person · since December 2018
Keating Investment Counselors’ regulatory assets grew from $269M (April 2021) to $383M (April 2026); clients rose from 122 to 157 and employees fell from 4 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $383M | 157 | 3 | 2 |
| Mar 2025March 2025 | $343M | 154 | 4 | 1 |
| Mar 2024March 2024 | $357M | 153 | 4 | 1 |
| Mar 2023March 2023 | $322M | 141 | 3 | 1 |
| Mar 2022March 2022 | $292M | 124 | 4 | 1 |
| Apr 2021April 2021 | $269M | 122 | 4 | 1 |
Besides its headquarters, Keating Investment Counselors has 1 office, with 2 listed addresses across 2 states.
Colorado · 1 listed address
- 465 Anglers DR., Suite 2-G, Steamboat Springs
Florida · 1 listed address
- 101 Se 6th Ave, Suite G, Delray BeachHQ
Contact and registration details
- Legal name
- Keating Investment Counselors Inc
- Headquarters
- 101 Se 6th Ave, Suite G, Delray Beach, FL 33483
- Website
- keatinginvestment.com
- Phone
- 561-278-7862
- SEC file
- 801-19820
- Structure
- Florida corporation
- Fiscal year end
- December
Keating Investment Counselors’ named custodians for separately managed accounts are Charles Schwab ($0) and Morgan Stanley ($0). Keating Investment Counselors has custody of $214M for 12 clients.
The filed values do not form a complete breakdown. Values are shown as filed.
- Charles Schwab · Charles Schwab & Co., Inc. · Orlando, FL · $0
- 0%
- Morgan Stanley · Morgan Stanley Smith Barney LLC · New York, NY · $0
- 0%
At year end, Keating Investment Counselors’ separately managed accounts were mostly in stocks (51%) and funds (26%). Its reported 13F holdings for the quarter ended 30 June 2026 total $364M across 59 positions; the largest are Keating Active ETF (27.8%), iShares 0-5 Year Tips Bond ETF (17.5%) and SPDR Bloomberg 1-3 Month T-bil (5.8%).
What the accounts hold
- Stocks51%
- Funds26%
- Bonds22%
- Cash1%
Reported 13F holdings
- $364M
- Reported 13F value
- 59
- Positions
- 72.4%
- In the 10 largest
- −9.8%
- Value vs. prior quarter
- Keating Active ETFETF27.8%
- iShares 0-5 Year Tips Bond ETFETF17.5%
- SPDR Bloomberg 1-3 Month T-bilETF5.8%
- Barrick Mining Corporation4.4%
- Agnico Eagle Mines Limited3.8%
- Oceaneering International Inc.3.7%
- Vodafone Group PLC New-sp ADR2.5%
- Gsk PLC2.4%
- Carrefour SA2.3%
- Suncor Energy Inc.2.3%
Together, the ten largest are 72.4% of reported value.
How many clients does Keating Investment Counselors have?
Keating Investment Counselors has 157 clients and manages $383 million for them, as of April 2026. They include 85 high-net-worth individuals, 65 individual clients and 3 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 April 2026
What services does Keating Investment Counselors offer?
Keating Investment Counselors provides portfolio management for individuals and small businesses and portfolio management for investment companies.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Keating Investment Counselors charge?
Keating Investment Counselors charges 0.60%–1.25% a year for its Investment Supervisory Services. The fee is billed in arrears, is negotiable, has a $2,000 annual minimum and requires an account of at least $1,000,000.
Source: ADV PART 2, filed 7 April 2026
Which custodians does Keating Investment Counselors use?
The filing also lists Charles Schwab & Co., Inc. and Morgan Stanley Smith Barney LLC with no separately managed account assets.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 April 2026
How many financial advisors does Keating Investment Counselors have?
Keating Investment Counselors has 2 investment adviser representatives registered with state securities authorities, out of 3 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 Keating Investment Counselors invest in?
At the end of its last fiscal year, Keating Investment Counselors’ separately managed accounts held 51% exchange-traded equities, 26% registered funds (mutual funds, ETFs, BDCs), 22% U.S. government and agency bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Keating Investment Counselors have a minimum investment?
Yes, Keating Investment Counselors’ minimum account size for its Investment Supervisory Services is $1M. It charges a $2K annual minimum fee.
Source: ADV PART 2, filed 7 April 2026
Who owns Keating Investment Counselors?
Keating Investment Counselors’ direct owner is Richard Keating (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 7 April 2026
How does Keating Investment Counselors get paid?
Keating Investment Counselors is paid through a percentage of assets under management and hourly charges. 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 Keating Investment Counselors?
Keating Investment Counselors’ main office is at 101 Se 6th Ave, Suite G, Delray Beach, FL 33483. Its phone number is 561-278-7862. Its website is keatinginvestment.com.