The Kieckhefer Group provides portfolio management for individuals and small businesses.
The Kieckhefer Group reports 61 clients. They include 32 individual clients and 29 high-net-worth individuals. Of its assets, 100.0% ($241M across 148 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 52% | 5% |
| High-net-worth individuals | 48% | 95% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 32 | $11.4M | 4.7% | $356K |
| High-net-worth individuals | 29 | $229M | 95.3% | $7.91M |
| Total | 61 | $241M | 100% | $3.95M |
- Clients
- 32
- Regulatory AUM
- $11.4M
- AUM share
- 4.7%
- Avg. per client
- $356K
- Clients
- 29
- Regulatory AUM
- $229M
- AUM share
- 95.3%
- Avg. per client
- $7.91M
Total
- Clients
- 61
- Regulatory AUM
- $241M
- AUM share
- 100%
- Avg. per client
- $3.95M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
The Kieckhefer Group charges 1.00%–1.50% a year for its Individually Managed Accounts. The fee is billed in advance, is negotiable and requires an account of at least $50,000.
Fee details and sources
Robert Kieckhefer owns 50% to 75% of The Kieckhefer Group. The leadership team of The Kieckhefer Group includes Chief Compliance Officer David Reichert. It has 3 employees, 2 of them in advisory roles.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 50% to 75% of The Kieckhefer Group LLC
Robert Kieckhefer
Control person · since July 2013
- Owns 50% to 75% of The Kieckhefer Group LLC
Evan Salmela
since July 2021
The Kieckhefer Group’s regulatory assets grew Infinity× from $0 (May 2024) to $241M (January 2026); employees rose from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jan 2026January 2026 | $241M | 61 | 3 | 1 |
| Mar 2025March 2025 | $185M | 56 | 2 | 1 |
| May 2024May 2024 | $0 | 0 | 2 | 1 |
Besides its headquarters, The Kieckhefer Group has 0 offices, with 1 listed address in 1 state.
Wisconsin · 1 listed address
- 1323 W. Towne Square Road, MequonHQ
Contact and registration details
- Legal name
- The Kieckhefer Group LLC
- Headquarters
- 1323 W. Towne Square Road, Mequon, WI 53092-5047
- Website
- kieckhefergroup.com
- Phone
- 414-704-3826
- SEC file
- 801-130293
- Founded
- 2013
- Structure
- Wisconsin LLC
- Fiscal year end
- December
The Kieckhefer Group’s named custodian for separately managed accounts is Charles Schwab ($241M). The Kieckhefer Group does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $241M100%
At year end, The Kieckhefer Group’s separately managed accounts were mostly in stocks (78%) and funds (19%). Its reported 13F holdings for the quarter ended 30 June 2026 total $246M across 65 positions; the largest are Nvidia Corporation (39.2%), Palantir Technologies Inc. (7.1%) and Dell Technologies Inc. (5.6%).
What the accounts hold
- Stocks78%
- Funds19%
- Bonds2%
- Cash1%
How many clients does The Kieckhefer Group have?
The Kieckhefer Group has 61 clients and manages $241 million for them, as of January 2026. They include 32 individual clients and 29 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 January 2026
What services does The Kieckhefer Group offer?
The Kieckhefer Group 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
How much does The Kieckhefer Group charge?
The Kieckhefer Group charges 1.00%–1.50% a year for its Individually Managed Accounts. The fee is billed in advance, is negotiable and requires an account of at least $50,000.
Source: THE KIECKHEFER GROUP ADV PART 2A, filed 27 January 2026
Which custodians does The Kieckhefer Group use?
The Kieckhefer Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $241M. 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 January 2026
How many financial advisors does The Kieckhefer Group have?
The Kieckhefer Group 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 The Kieckhefer Group invest in?
At the end of its last fiscal year, The Kieckhefer Group’s separately managed accounts held 78% exchange-traded equities, 19% registered funds (mutual funds, ETFs, BDCs), 2% 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 The Kieckhefer Group have a minimum investment?
Yes, The Kieckhefer Group’s minimum account size for its Individually Managed Accounts is $50K.
Source: THE KIECKHEFER GROUP ADV PART 2A, filed 27 January 2026
Who owns The Kieckhefer Group?
The Kieckhefer Group’s direct owners are Robert Kieckhefer (50% to 75%) and Evan Salmela (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 January 2026
How does The Kieckhefer Group get paid?
The Kieckhefer Group is paid through a percentage of assets under management. 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 The Kieckhefer Group?
The Kieckhefer Group’s main office is at 1323 W. Towne Square Road, Mequon, WI 53092-5047. Its phone number is 414-704-3826. Its website is kieckhefergroup.com.