{"url":"https://nivawealth.com/firms/keen-capital-283597","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/283597","regulatoryAum":149746412,"crd":"283597","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2800974","suffix":null,"lastName":"JENNINGS","firstName":"THOMAS","middleName":"JOSEPH"},{"crd":"2326191","suffix":null,"lastName":"MCDONNELL","firstName":"JERRY","middleName":"JOHN"}],"total":2,"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":"2023-05-09","regulatoryAum":111361010,"clients":32,"employees":2,"offices":1},{"filedOn":"2024-03-20","regulatoryAum":130001830,"clients":39,"employees":2,"offices":1},{"filedOn":"2025-03-13","regulatoryAum":142785201,"clients":42,"employees":2,"offices":1},{"filedOn":"2026-03-27","regulatoryAum":149746412,"clients":62,"employees":2,"offices":1}],"secFileNumber":"801-128059","legalName":"Keen Capital, LLC","displayName":"Keen Capital","slug":"keen-capital-283597","website":"https://keencapital.net/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/keen-capital-llc/","founded":null,"organization":"Colorado limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"26 May 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2415264.709677419,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":149746412,"discretionary":149746412,"discretionaryAccounts":295,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":29,"regulatoryAum":15174535},{"label":"High-net-worth individuals","clients":33,"regulatoryAum":134571877}],"feePrograms":[{"role":"main","program":"Investment Management","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028370","versionId":1028370,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-27","documentName":"KEEN CAPITAL FORM ADV, PART 2A","fee_rate_low":null,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":500000,"feeMinimumPeriod":"annual","fee_minimum_annual":10000}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:25:49.796961+00:00","documents":[{"name":"KEEN CAPITAL FORM ADV, PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028370","versionId":1028370,"submittedOn":"2026-03-27"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028369","versionId":1028369,"submittedOn":null},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028368","versionId":1028368,"submittedOn":null},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028367","versionId":1028367,"submittedOn":null}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":62364868}],"custodyNote":"Keen Capital does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jerry McDonnell","title":"Managing Partner; Chief Compliance Officer","crd":"2326191"},{"name":"Thomas Jennings","title":"Managing Partner","crd":"2800974"}],"ownership":[{"label":"Jerry McDonnell","detail":"Managing partner; chief compliance officer in the 25% to 50% ownership band and a control person, since April 2016."},{"label":"Thomas Jennings","detail":"Managing partner in the 50% to 75% ownership band and a control person, since September 2017."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"303-898-6584","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"U.S. government/agency bonds","percent":3},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":52},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":28},{"label":"Cash and cash equivalents","percent":10}],"privateFunds":0},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/283597/PDF/283597.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028370","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Keen Capital have?","answer":"Keen Capital has 62 clients and manages $150 million for them, as of March 2026. They include 33 high-net-worth individuals and 29 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Keen Capital offer?","answer":"Keen Capital 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 Keen Capital charge?","answer":"Keen Capital charges up to 1.25% a year for its Investment Management. The fee is billed in arrears, is negotiable, has a $10,000 annual minimum and requires an account of at least $500,000.","source":"KEEN CAPITAL FORM ADV, PART 2A, filed 27 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Keen Capital use?","answer":"Keen Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $62.4M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Keen Capital have?","answer":"Keen 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Keen Capital invest in?","answer":"At the end of its last fiscal year, Keen Capital’s separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 28% pooled vehicles (private funds and similar), 10% cash and equivalents, 6% exchange-traded equities, 3% U.S. government and agency bonds and 1% state and local bonds.","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":"Does Keen Capital have a minimum investment?","answer":"Yes, Keen Capital’s minimum account size for its Investment Management is $500K. It charges a $10K annual minimum fee.","source":"KEEN CAPITAL FORM ADV, PART 2A, filed 27 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Keen Capital?","answer":"Keen Capital’s direct owners are Jerry McDonnell (25% to 50%) and Thomas Jennings (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Keen Capital get paid?","answer":"Keen Capital 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Keen Capital?","answer":"Its phone number is 303-898-6584. Its website is keencapital.net.","source":"Form ADV Part 1A, Item 1.F, filed 27 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."}