Kerux provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, and tax planning.
Kerux reports 541 clients. They include 389 individual clients, 136 high-net-worth individuals, and 12 pension and profit-sharing plans. Of its assets, 89.0% ($381M across 1,195 accounts) are managed with discretion; $47M across 368 accounts are not. A wrap fee program the firm both sponsors and manages holds $915M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 29% |
| High-net-worth individuals | 25% | 68% |
| Pension and profit-sharing plans | 2% | 2% |
| Charitable organizations | <1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 389 | $123M | 28.7% | $316K |
| High-net-worth individuals | 136 | $291M | 68.0% | $2.14M |
| Pension and profit-sharing plans | 12 | $9.5M | 2.2% | $792K |
| Charitable organizations | Fewer than 5 | $4.5M | 1.1% | $1.13M |
| Total | 541 | $428M | 100% | — |
- Clients
- 389
- Regulatory AUM
- $123M
- AUM share
- 28.7%
- Avg. per client
- $316K
- Clients
- 136
- Regulatory AUM
- $291M
- AUM share
- 68.0%
- Avg. per client
- $2.14M
- Clients
- 12
- Regulatory AUM
- $9.5M
- AUM share
- 2.2%
- Avg. per client
- $792K
- Clients
- Fewer than 5
- Regulatory AUM
- $4.5M
- AUM share
- 1.1%
- Avg. per client
- $1.13M
Total
- Clients
- 541
- Regulatory AUM
- $428M
- 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
- 0
Kerux charges up to 2.05% a year for its Investment management and financial planning. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Consulting services
- Consulting services are negotiated on a flat fee set by the client type, services requested, complexity and account composition.
David Laut owns 75% or more of Kerux. The leadership team of Kerux includes Chief Compliance Officer David Laut. It has 2 employees.
Leadership
- David LautChief Compliance Officer
- David LautManaging Member
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 broker-dealer reps
- 2 insurance agents
- 1 soliciting firm
- Owns 75% or more of Kerux, LLC
David Laut
Control person · since June 2016
Kerux’s regulatory assets grew from $352M (February 2024) to $428M (July 2026); clients fell from 880 to 541 and employees from 6 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $428M | 541 | 2 | 2 |
| April 2025 | $436M | 875 | 2 | 2 |
| February 2024 | $352M | 880 | 6 | 2 |
Besides its headquarters, Kerux has 1 office, with 2 listed addresses in California.
California · 2 listed addresses
- 4180 Douglas BLVD, Suite 200, Granite BayHQ
- 2111 Forest Avenue, Chico
Other business names
Kerux has reported 3 other business names to the SEC.
- Abound Financial
- Kerux
- Kerux Financial
Contact and registration details
- Legal name
- Kerux, LLC
- Headquarters
- 4180 Douglas BLVD, Suite 200, Granite Bay, CA 95746
- Website
- kerux.com
- Phone
- 916-846-7780
- @keruxhq
- SEC file
- 801-128697
- Founded
- 2016
- Structure
- California LLC
- Fiscal year end
- December
Kerux uses LPL Financial ($419M) as custodian for its separately managed accounts. Kerux has custody of $20M in client assets for 20 clients.
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $419M100%
At year end, Kerux’s separately managed accounts were mostly in stocks (63%) and funds (34%). Its reported 13F holdings for the quarter ended 30 June 2026 total $251M across 297 positions; the largest are State Street (10.9%), Oakmark U S (10.4%) and State Street (10.3%).
What the accounts hold
- Stocks63%
- Exchange-traded equities62%
- Non-exchange-traded equities1%
- Funds34%
- Cash1%
- Other2%
- Annuities2%
Reported 13F holdings
- $251M
- Reported 13F value
- 297
- Positions
- 72.9%
- In the 10 largest
- +9.6%
- Value vs. prior quarter
- State Street · MF Closed And MF Open10.9%
- Oakmark U S · MF Closed And MF Open10.4%
- State Street · MF Closed And MF Open10.3%
- State Street · MF Closed And MF Open9.8%
- State Street · MF Closed And MF Open9.7%
- State Street · MF Closed And MF Open6.6%
- State Street · MF Closed And MF Open6.0%
- State Street · MF Closed And MF Open3.1%
- Vanguard Ultra · MF Closed And MF Open3.1%
- State Street · MF Closed And MF Open3.0%
Together, the ten largest are 72.9% of reported value.
How many clients does Kerux have?
Kerux has 541 clients and manages $428 million for them, as of July 2026. They include 389 individual clients, 136 high-net-worth individuals, and 12 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 July 2026
What services does Kerux offer?
Kerux provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Kerux charge?
Kerux charges up to 2.05% a year for its Investment management and financial planning. The fee is billed in advance and is negotiable.
Which custodians does Kerux use?
Kerux’s separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $419M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 July 2026
How many financial advisors does Kerux have?
Kerux has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 2 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 Kerux invest in?
At the end of its last fiscal year, Kerux’s separately managed accounts held 62% exchange-traded equities, 34% registered funds (mutual funds, ETFs, BDCs), 2% other, 1% non-exchange-traded equities and 1% cash and equivalents. The 2% 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
Who owns Kerux?
Kerux’s direct owner is David Laut (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 July 2026
How does Kerux get paid?
Kerux 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
Is Kerux registered with the SEC?
Yes, Kerux has been registered with the SEC as an investment adviser since 6 September 2023. Its CRD number is 327724 and its SEC file number is 801-128697.
Source: Form ADV Part 1A, Item 1, filed 14 July 2026; IAPD firm record
How do I contact Kerux?
Kerux’s main office is at 4180 Douglas BLVD, Suite 200, Granite Bay, CA 95746. Its phone number is 916-846-7780. Its website is kerux.com.