SourcingSourcing

SHEPHERD KAPLAN KROCHUK, LLC

C25
CRD 127304·SEC 801-62286·BOSTON, MA
AUM
$10.88B
$1B+
Est. Revenue
$108.8M
@ 1% on AUM
Est. EBITDA
$32.7M
@ 30% margin
Est. Deal Value
$261.2M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
SHEPHERD KAPLAN KROCHUK, LLC
CRD
127304
SEC file #
801-62286
EIN
—
DBA names
—

Economics

AUM
$10.88B
AUM band
$1B+
AUM trajectory
'20'26
$6.08B → $10.88B▲ +79%
Client mix
Individuals High Net Worth83
Corporations68
Charitable Organizations22
Pension Profit Sharing Plans18
Pooled Investment Vehicles16

Operations

Employees (total)
34
Advisory staff (per ADV)
15
Advisory staff (5-yr trend)
'20'26
14 advisors → 15 advisors▲ +7%
Primary office
BOSTON MA
Branches
—

Custodian & Brokerage

Primary custodian
E*Tradelow confidence
Services offered
Financial planningPortfolio mgmt — individualsPortfolio mgmt — pooled vehiclesPortfolio mgmt — businesses
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
03/31/2026
ADV-W filed at
—
Website
linkedin.com/company/shepherd-kaplan-llc(social)

Compliance

Disclosures (firm)
1
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
FROG HOLDINGS, INC.
Top Owner Pct
37.5
Top Owner Entity Kind
DE
Owner Count
12
Control Persons
FROG HOLDINGS, INC.
SHEPHERD, DAVID, MORRIS
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
social_url_excluded:linkedin.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No
Form 5500 Plan Count
2
Form 5500 Total Compensation
276,632
Form 5500 Compensation Trajectory 3y
2025276,632
Form 5500 Plan Count Trajectory 3y
20252
Schedule C Total Compensation
276,632
Schedule C Service Provider Rows
2

SEC EDGAR

Edgar Cik
0001830926
Edgar Registered
Yes
Edgar Filing Count
82
Edgar First Filing Date
2020-12-30
Edgar Last Filing Date
2026-05-01
Edgar Form D Count
5
Edgar Form D Offerings
2025-04-172025-04-17 · 0000926877-25-000004
2024-04-182024-04-18 · 0001830926-24-000003
Edgar Former Names
SKK Access Income Fund
SKK Access Income Fund LP

Compliance & brand

Firm Registration Status
active

All other collected signals (12)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
2
Bc Firm IAR Count
2
Custodian Candidates
Full
E*trade4
Northern Trust2
State Street1
Edgar Addresses
Mailing
53 STATE STREET23RD FLOORBOSTON, MA 02109
Business
53 STATE STREET23RD FLOORBOSTON, MA 02109
Edgar EIN
921556891
Edgar Recent Filings
SC TO-I2026-05-01 · 0001398344-26-008073
40-17G2026-03-20 · 0001398344-26-005511
Fee Schedule
Bracket Ix68
Bracket X11
Bracket I9
Bracket Xi6
Bracket Ii3
Firm Has Custody
Yes
Mailing Office Differs
No
Trust Company Affiliate
No

People (7)

7
SHEPHERD, DAVID, MORRIS
IAR · Direct Owner · 37.5%
2284051
KAPLAN, DAVID, CHARLES
IAR · Direct Owner · 17.5%
2307318
BRACKETT, STEPHEN, MICHAEL
Direct Owner · 17.5%
1547014
KROCHUK, TIMOTHY, ADAM
Direct Owner · 17.5%
4687553
LOCKHART, BRIAN, DAVID
Direct Owner · 17.5%
2508255
DILORENZO, PETER, JOHN
Executive Officer · 2.5%
6842439
DODGE, BAYARD, NMN
Executive Officer · 2.5%
6067641