Kennicott Capital Management LLC

Kennicott Capital Management primarily serves individual and high‑net‑worth clients by providing discretionary portfolio management and a holistic financial planning process that can include retirement rollover recommendations and access to alternative investments such as private real estate funds. The firm generally expects clients to maintain $5 million under management but may waive that minimum and does not manage wrap fee program accounts.

The firm’s investment approach centers on customized asset allocation as the primary determinant of returns, with portfolios constructed from exchange‑traded equities, ETFs, mutual funds, fixed income, and, when appropriate, private fund investments to emphasize capital preservation and long‑term growth while seeking to limit volatility. Kennicott manages accounts on a discretionary basis, conducts regular (typically quarterly) performance reviews and reporting, and recommends a qualified custodian relationship to execute trades and hold client assets.

What is distinctive about Kennicott is its scale relative to staffing: the firm manages roughly $324 million in discretionary assets under a single lead portfolio manager, an uncommon level of AUM per advisor among similarly supported firms. The firm’s lead manager brings a background in fixed‑income sales and trading at a large investment bank, and the brochure discloses potential conflicts (for example, economic incentives tied to IRA rollovers) along with factors the firm considers to mitigate those conflicts.