{"url":"https://nivawealth.com/firms/lawrence-w-kelly-and-associates-106635","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/106635","regulatoryAum":540075064,"crd":"106635","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4413814","suffix":null,"lastName":"STEWART","firstName":"MICHAEL","middleName":"CLAY"},{"crd":"2289695","suffix":null,"lastName":"WELSH","firstName":"NICHOLAS","middleName":"J"}],"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":"2021-03-31","regulatoryAum":508546721,"clients":81,"employees":6,"offices":1},{"filedOn":"2022-03-31","regulatoryAum":609764183,"clients":84,"employees":6,"offices":1},{"filedOn":"2023-03-29","regulatoryAum":440559669,"clients":90,"employees":5,"offices":1},{"filedOn":"2024-03-29","regulatoryAum":509640686,"clients":88,"employees":5,"offices":1},{"filedOn":"2025-03-26","regulatoryAum":530295307,"clients":86,"employees":5,"offices":1},{"filedOn":"2026-03-26","regulatoryAum":540075064,"clients":83,"employees":5,"offices":1}],"secFileNumber":"801-24322","legalName":"Lawrence W. Kelly & Associates, Inc.","displayName":"Lawrence W. Kelly & Associates","slug":"lawrence-w-kelly-and-associates-106635","website":"https://lkainvestments.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"199 South Los Robles Avenue, Suite 850","city":"Pasadena","state":"CA","stateName":"California","country":"United States","postalCode":"91101-2461"},"tradeNames":[],"registration":{"secApproved":"16 August 1985","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":6863255.012820513,"staff":{"employees":5,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":540075064,"discretionary":540075064,"discretionaryAccounts":83,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":17,"regulatoryAum":9750070},{"label":"High-net-worth individuals","clients":61,"regulatoryAum":525583821},{"label":"Charitable organizations","clients":5,"regulatoryAum":4741173}],"feePrograms":[{"role":"main","program":"Account Management","feeBasis":"marginal","fee_tiers":[{"to":10000000,"pct":1,"from":0},{"to":20000000,"pct":0.75,"from":10000000},{"to":null,"pct":0.65,"from":20000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027010","versionId":1027010,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-26","documentName":"FORM ADV PART 2A","fee_rate_low":0.65,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:56:40.687103+00:00","documents":[{"name":"FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027010","versionId":1027010,"submittedOn":"2026-03-26"}]},"custodians":[{"name":"US Bank, NA","shortName":"US Bank, NA","location":"Cincinnati, OH","smaAssets":186547003},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":89907675},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":182635876}],"custodyNote":"Lawrence W. Kelly & Associates does not have custody of client assets.","leadership":[{"name":"Nicholas Welsh","title":"Chief Executive Officer, Director and Shareholder","crd":"2289695"},{"name":"Michael Stewart","title":"Chief Compliance Officer","crd":"4413814"}],"ownership":[{"label":"Nicholas Welsh","detail":"Chief executive officer, director and shareholder in the 75% or more ownership band and a control person, since October 2004."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"199 South Los Robles Avenue, Suite 850","city":"Pasadena","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"626-449-9500","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":76},{"label":"U.S. government/agency bonds","percent":12},{"label":"U.S. state and local bonds","percent":7},{"label":"Investment grade corporate bonds","percent":1},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"26 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/106635/PDF/106635.pdf","brochureDate":"26 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027010","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 Lawrence W. Kelly & Associates have?","answer":"Lawrence W. Kelly & Associates has 83 clients and manages $540 million for them, as of March 2026. They include 61 high-net-worth individuals, 17 individual clients and 5 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lawrence W. Kelly & Associates offer?","answer":"Lawrence W. Kelly & Associates provides 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 Lawrence W. Kelly & Associates charge?","answer":"Lawrence W. Kelly & Associates charges 0.65%–1.00% a year for its Account Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.","source":"FORM ADV PART 2A, filed 26 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Lawrence W. Kelly & Associates use?","answer":"Lawrence W. Kelly & Associates’ separately managed account assets are held at US Bank, NA (Cincinnati, OH), with $187M, Charles Schwab & Co., Inc. (San Francisco, CA), with $183M and Fidelity Brokerage Services LLC (Smithfield, RI), with $89.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Lawrence W. Kelly & Associates have?","answer":"Lawrence W. Kelly & Associates has 2 investment adviser representatives registered with state securities authorities, out of 5 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 Lawrence W. Kelly & Associates invest in?","answer":"At the end of its last fiscal year, Lawrence W. Kelly & Associates’ separately managed accounts held 76% exchange-traded equities, 12% U.S. government and agency bonds, 7% state and local bonds, 4% cash and equivalents and 1% investment grade corporate 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":"Who owns Lawrence W. Kelly & Associates?","answer":"Lawrence W. Kelly & Associates’ direct owner is Nicholas Welsh (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lawrence W. Kelly & Associates get paid?","answer":"Lawrence W. Kelly & Associates 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":"Is Lawrence W. Kelly & Associates registered with the SEC?","answer":"Yes, Lawrence W. Kelly & Associates has been registered with the SEC as an investment adviser since 16 August 1985. Its CRD number is 106635 and its SEC file number is 801-24322.","source":"Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Lawrence W. Kelly & Associates?","answer":"Lawrence W. Kelly & Associates’ main office is at 199 South Los Robles Avenue, Suite 850, Pasadena, CA 91101-2461. Its phone number is 626-449-9500. Its website is lkainvestments.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 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."}