Kanen Wealth Management Llc
- Regulatory AUM
- $405M
- Discretionary
- $401M
- Clients
- 255
- Avg AUM / client
- $1.6M
- Accounts
- 455
- Employees
- 5
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of May 22, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 137 | $11.0M | 2.73% |
| High net worth individuals | 110 | $71.7M | 17.7% |
| Investment companies | 1 | $122M | 30.2% |
| Pooled investment vehicles (non-investment companies) | 3 | $197M | 48.8% |
| Charitable organizations | 4 | $2.4M | 0.6% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $110M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Philotimo Fund, Lp master | Hedge Fund | Delaware | $110M | 2 |
People (2)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| David Lawrence Kanen | Member/Chief Compliance Officer | Feb 2016 (11y) | 75% or more | |
| Janice Chiarenza | Registered representative | Feb 2025 (1y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $110M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Philotimo Fund, Lp | Hedge Fund | $110M | $250K | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/22/2026 | 1.57 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $85.2M (21% of AUM) May 2026
- Pershing $63.3M (33% of AUM) Aug 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 22, 2026.
View current Form ADV (SEC/IAPD) ↗