M. Kraus & Company provides portfolio management for individuals and small businesses and financial planning.
M. Kraus & Company reports 228 clients. They include 131 high-net-worth individuals, 88 individual clients and 5 charitable organizations. Of its assets, 92.6% ($518M across 471 accounts) are managed with discretion; $41.4M across 12 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 39% | 4% |
| High-net-worth individuals | 57% | 93% |
| Charitable organizations | 2% | 3% |
| Corporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 88 | $24.1M | 4.3% | $274K |
| High-net-worth individuals | 131 | $518M | 92.7% | $3.96M |
| Charitable organizations | 5 | $16.6M | 3.0% | $3.32M |
| Corporations and other businesses | Fewer than 5 | $203K | 0.0% | $50.8K |
| Total | 228 | $559M | 100% | — |
- Clients
- 88
- Regulatory AUM
- $24.1M
- AUM share
- 4.3%
- Avg. per client
- $274K
- Clients
- 131
- Regulatory AUM
- $518M
- AUM share
- 92.7%
- Avg. per client
- $3.96M
- Clients
- 5
- Regulatory AUM
- $16.6M
- AUM share
- 3.0%
- Avg. per client
- $3.32M
- Clients
- Fewer than 5
- Regulatory AUM
- $203K
- AUM share
- 0.0%
- Avg. per client
- $50.8K
Total
- Clients
- 228
- Regulatory AUM
- $559M
- 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
M. Kraus & Company charges 0.50%–1.00% a year for its Investment Advisory Services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $500,000. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.75% |
| $2M and above | 0.50% |
Fee details and sources
Other fees
- Account administration services
- Account administration fees are a percentage of assets under administration, ranging from 0.05% to 0.50% by level of services, billed quarterly in advance.
- Trustee services
- Trustee services are charged at $275 per hour when the firm is co-trustee or sole trustee and receives no investment management fee.
Aileen Kraus owns 75% or more of M. Kraus & Company. The leadership team of M. Kraus & Company includes President Christopher Capano and Chief Compliance Officer Denise Dalton. It has 5 employees.
Leadership
- Christopher CapanoExecutive Vice President
- Denise DaltonSenior Vice President / Chief Compliance Officer
- Aileen KrausPresident
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Christopher Michael Capano
- Denise Marie Dalton
- Aileen Jane Kraus
- Katherine Helene Still
- Travis Benjamin Unger
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- Owns 75% or more of M. Kraus & Company
Aileen Kraus
Control person · since May 1996
M. Kraus & Company’s regulatory assets grew from $399M (March 2021) to $559M (August 2026); clients rose from 190 to 228 and employees from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $559M | 228 | 5 | 1 |
| April 2025 | $524M | 226 | 5 | 1 |
| February 2024 | $494M | 221 | 5 | 1 |
| February 2023 | $448M | 211 | 5 | 1 |
| March 2022 | $493M | 210 | 4 | 1 |
| March 2021 | $399M | 190 | 4 | 1 |
Besides its headquarters, M. Kraus & Company has 0 offices, with 1 listed address in Vermont.
Vermont · 1 listed address
- 4076 Shelburne Road, Building A, Suite 7-C, ShelburneHQ
Contact and registration details
- Legal name
- M. Kraus & Company
- Headquarters
- 4076 Shelburne Road, Building A, Suite 7-C, Shelburne, VT 05482
- Website
- mkrausco.com
- Phone
- 802-985-2620
- SEC file
- 801-52060
- Founded
- 1996
- Structure
- Vermont corporation
- Fiscal year end
- December
M. Kraus & Company uses Charles Schwab ($559M) as custodian for its separately managed accounts. M. Kraus & Company has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $559M100%
At year end, M. Kraus & Company’s separately managed accounts were mostly in stocks (72%) and bonds (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $377M across 86 positions; the largest are Alphabet Inc.. Class C (9.3%), Microsoft Corp.. (7.4%) and Berkshire Hathaway - B (5.6%).
What the accounts hold
- Stocks72%
- Funds4%
- Bonds15%
- U.S. government and agency bonds7%
- Investment grade corporate bonds7%
- State and local bonds1%
- Cash9%
Reported 13F holdings
- $377M
- Reported 13F value
- 86
- Positions
- 49.3%
- In the 10 largest
- +9.9%
- Value vs. prior quarter
- Alphabet Inc.. Class C9.3%
- Microsoft Corp..7.4%
- Berkshire Hathaway - B5.6%
- Cisco Systems Inc..4.8%
- Rockwell Automation4.1%
- Thermo Fisher Scientific3.9%
- Rtx Corporation3.8%
- L3 Harris Technologies3.6%
- Norfolk Southern3.5%
- Johnson & Johnson3.3%
Together, the ten largest are 49.3% of reported value.
How many clients does M. Kraus & Company have?
M. Kraus & Company has 228 clients and manages $559 million for them, as of August 2026. They include 131 high-net-worth individuals, 88 individual clients and 5 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 August 2026
What services does M. Kraus & Company offer?
M. Kraus & Company provides portfolio management for individuals and small businesses and financial 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 M. Kraus & Company charge?
M. Kraus & Company charges 0.50%–1.00% a year for its Investment Advisory Services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $500,000.
Which custodians does M. Kraus & Company use?
M. Kraus & Company’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $559M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 August 2026
How many financial advisors does M. Kraus & Company have?
M. Kraus & Company has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 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 M. Kraus & Company invest in?
At the end of its last fiscal year, M. Kraus & Company’s separately managed accounts held 72% exchange-traded equities, 9% cash and equivalents, 7% U.S. government and agency bonds, 7% investment grade corporate bonds, 4% registered funds (mutual funds, ETFs, BDCs) 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
Does M. Kraus & Company have a minimum investment?
Yes, M. Kraus & Company’s minimum account size for its Investment Advisory Services is $500K.
Who owns M. Kraus & Company?
M. Kraus & Company’s direct owner is Aileen Kraus (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 August 2026
How does M. Kraus & Company get paid?
M. Kraus & Company 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 M. Kraus & Company?
M. Kraus & Company’s main office is at 4076 Shelburne Road, Building A, Suite 7-C, Shelburne, VT 05482. Its phone number is 802-985-2620. Its website is mkrausco.com.