Asset manager · New York, NY
Horizon Kinetics Asset Management LLC
SEC-registered investment adviser · CRD 106096 · SEC 801-47515
At a glance
Horizon Kinetics Asset Management LLC is an SEC-registered investment adviser based in New York, New York, with $9.6 billion in regulatory assets under management as of its Form ADV filed September 24, 2026. Its largest client group by assets is investment companies, and it reports 1,994 individual clients. By Form ADV it is a asset manager, ranked 530th of 3,218 asset managers and 1,409th of 17,210 SEC-registered advisers by assets.
Main office 646-291-2300horizonkinetics.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $9.6B
- Rank among asset managers
- #530 of 3,218
- Rank among all SEC RIAs
- #1,409 of 17,210
- Rank in New York
- #366 of 2,591
- Individual clients
- 1,994
- High-net-worth clients
- 1,994
- Accounts
- 2,223
- Discretionary
- 98% of AUM
- Employees
- 80
- Advisory staff
- 20
- Offices
- 4
Owners and executives on its Form ADV
- Steven BregmanCo-Chief Executive Officer
- Peter B. DoyleCo-Chief Executive Officer
- Jay H. KesslenGeneral Counsel, Managing Director, Elected Manager and Secretary
- Russell W. GrimaldiChief Compliance Officer, Senior Vice President and Deputy General Counsel
- Alun L WilliamsChief Operating Officer, Managing Director, Elected Manager and Assistant Secretary
- Mark A. HerndonChief Financial Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Horizon Kinetics Asset Management LLC is a hybrid RIA: 23 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: KBD Securities, LLC and Kinetics Funds Distributor LLC.
- KBD Securities, LLC ↗CRD 104110
- Kinetics Funds Distributor LLC ↗CRD 780
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 15 | $3.8B | 39% |
| High-net-worth individuals | 1,994 | $2.6B | 27% |
| Pooled investment vehicles | 33 | $2.0B | 21% |
| Corporations or other businesses | 150 | $1.1B | 12% |
| Pension and profit sharing plans | 12 | $112M | 1% |
| Charitable organizations | 19 | $27M | <1% |
Private funds
Horizon Kinetics Asset Management LLC reports 22 private funds with $2.0B in gross assets: hedge funds, private equity funds (Form ADV Item 7.B).
Disciplinary disclosures
Horizon Kinetics Asset Management LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Periodicals or newsletters
How it’s paid
- A percentage of assets under management
- Subscription fees
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗horizonkinetics.com ↗
AtlasMembers
The full record on Horizon Kinetics Asset Management LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 546 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Horizon Kinetics Asset Management LLC manage?
Horizon Kinetics Asset Management LLC reports $9.6 billion in regulatory assets under management across 2,223 accounts, 98% of it on a discretionary basis, on its Form ADV filed September 24, 2026.
What kind of firm is Horizon Kinetics Asset Management LLC?
Horizon Kinetics Asset Management LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. A public reporting company controls it.
Who are Horizon Kinetics Asset Management LLC’s clients?
By assets, its largest client types are investment companies ($3.8 billion, 15 clients); high-net-worth individuals ($2.6 billion, 1,994 clients); pooled investment vehicles ($2.0 billion, 33 clients).
Does Horizon Kinetics Asset Management LLC manage private funds?
Yes. It reports 22 private funds with $2.0 billion in gross assets, including hedge funds, private equity funds.
Does Horizon Kinetics Asset Management LLC have any disciplinary history?
Horizon Kinetics Asset Management LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Horizon Kinetics Asset Management LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →