Shepherd Kaplan Krochuk

What Shepherd Kaplan Krochuk does

Shepherd Kaplan Krochuk (SKK) is a privately-held, SEC Registered Investment Advisory firm headquartered in Boston, Massachusetts, operating two divisions: Wealth Management and Asset Management. The Wealth Management division serves high-net-worth families, family offices, foundations, endowments, and institutional clients (including ERISA plans) with fiduciary investment management, customized portfolio design, investment research, ongoing monitoring, tax and cost management, intergenerational wealth transfer planning, and consolidated reporting. The Asset Management division extends SKK into differentiated alternative strategies via the SKK Real Estate (direct real estate projects, including opportunity zone vehicles) and SKK Ventures (venture capital and opportunistic private equity in healthcare and technology) sub-brands, with Peak Capital Management's dynamic-allocation ETF strategies integrated following a 2020 acquisition.

The firm has built a proprietary technology and reporting platform over more than 20 years, supporting consolidated fiduciary reporting, multi-aspect performance analysis, and integration with internal investment research workflows, overseen by an in-house technology team. Across both divisions, SKK manages more than $10.8 billion in assets under management, with $10.1 billion attributable to the Wealth Management division.

SKK generates revenue through recurring AUM-based management and advisory fees on managed portfolios, plus performance-based fees on alternative investment vehicles. The go-to-market is relationship-driven, delivered through direct advisory engagements by senior investment professionals and supported by a multi-channel digital presence (LinkedIn, blog, podcast, video, client portal). Ownership is concentrated among the founders and senior partners, with no external private equity or venture capital backing identified.

Name

Shepherd Kaplan Krochuk

Legal name

Shepherd Kaplan Krochuk LLC

Website

https://skk-llc.com/

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Shepherd Kaplan Krochuk is a Boston-based, independently-owned SEC Registered Investment Advisory firm managing over $10.8 billion in assets for high-net-worth families, family offices, foundations, endowments, and institutional clients through Wealth Management and alternative investment strategies.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Financial Investment Activities (523999)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Family Office Advisory (Single/Multi-Family) (FSAEAAAI)

akta.pro secondary industries

Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments) (FSAAABAH), Family Business & Succession Advisory (FSAAADAL), Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

Keywords

• Investment advisory services
• Wealth management
• Asset management
• Family office services
• Alternative investments

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Assets Under Management (AUM) Fees: SKK generates revenue through management fees based on assets under management. The firm oversees more than $10.8 billion of assets under management across its wealth management and asset management divisions.
2. Investment Advisory and Consulting Fees: Wealth management division provides investment management advice and solutions, generating fees for fiduciary responsibilities oversight, portfolio design, investment research, monitoring, tax management, cost controls, and customized reporting.
3. Alternative Investment Management: Asset management division provides access to differentiated strategies in direct real estate projects, venture capital, and opportunistic private equity, generating management and performance-based fees.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels10 records

Core offering

Shepherd Kaplan Krochuk (SKK) is an SEC Registered Investment Advisory firm that provides fiduciary investment management and advisory services to high net worth families, family offices, foundations, endowments, and institutions. The firm operates two divisions—Wealth Management and Asset Management—offering customized portfolio design, investment research, tax management, intergenerational wealth transfer, direct real estate projects, venture capital, and opportunistic private equity strategies, supported by a proprietary technology and reporting platform.

Product overview

Shepherd Kaplan Krochuk is an SEC Registered Investment Advisory firm operating two main divisions—Wealth Management and Asset Management. The Wealth Management division (with $10.1 billion AUM) provides investment management for high net worth clients through customized portfolio design and comprehensive financial planning services. The Asset Management division offers three distinct investment strategies: SKK Real Estate (direct real estate with individual project vehicles), SKK Ventures (venture capital in healthcare/technology and opportunistic private equity), and supplementary Family Office Services and Reporting modules. The firm combines institutional capabilities with boutique-quality client service delivered through a proprietary technology platform.

Differentiator

Problem solved

Functional benefit

Brands

• SKK Real Estate: Real estate investment strategy focused on generating attractive risk-adjusted returns through individually identified projects with dedicated vehicles.
• SKK Ventures

Products and services

• Wealth Management Investment management advice and solutions for high net worth families, family offices, foundations, endowments, and institutions with more than $10.1 billion in assets under management. Services include portfolio design, investment research, ongoing investment monitoring, tax management, cost controls, intergenerational wealth transfer, and customized consolidated reporting.
• Asset Management Provides investors with access to differentiated strategies in direct real estate projects, venture capital, and opportunistic private equity through an innovative approach that enhances transparency and flexibility.
• SKK Real Estate Real estate investment strategy focused on generating attractive risk-adjusted returns through individually identified projects made available via separate, dedicated vehicles. Includes opportunity zone investments with a single-asset approach for increased transparency.
• SKK Ventures Venture capital and opportunistic private equity strategy identifying platform technology projects with defensible intellectual property in healthcare and technology sectors, combined with strategic acquisitions of private companies.
• Family Office Services Comprehensive family office structure enabling wealth protection, growth, and allocation consistent with family values, including investment strategy, cash management, risk management, estate/tax planning, and family governance consulting. Provided as a cost-effective alternative to a dedicated family office and as consulting for families with existing family offices.
• Reporting Proprietary reporting infrastructure providing fiduciary-level account reporting, multi-aspect performance analysis, supplementary reports for CPAs and attorneys, and customized reporting solutions built over 20 years.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

15 partnerships are on record, tiered minor.

• Etiometry Inc.minorOthersDavid Shepherd serves on the boards of Etiometry Inc. Timothy Krochuk also serves in an advisory capacity to Etiometry Inc.
• Trellis Software, Inc.minorOthersTimothy Krochuk serves as CEO and director of Trellis Software, Inc., which develops software systems for financial service firms and investors. Stephen Brackett is also a director of Trellis Software, Inc.
• NanoDx, Inc.minorOthersStephen Brackett serves as director of NanoDx, Inc. Brian Lockhart also serves on the board of NanoDx, Inc.
• Cristcot LLCminorOthersDavid Shepherd serves on the board of Cristcot LLC.
• Windgap Medical Inc.minorOthersTimothy Krochuk serves on the board of, or in an advisory capacity to, Windgap Medical Inc.
• Altaeros, Inc.minorOthersStephen Brackett serves as director of Altaeros, Inc.
• Trilio Data Inc.minorOthersStephen Brackett serves as director of Trilio Data Inc.
• Global Partners Property FundminorOthersStephen Brackett serves as director of Global Partners Property Fund.
• EnviroKure, Inc.minorOthersStephen Brackett serves as director of EnviroKure, Inc.
• Provident Healthcare Partners, LLCminorOthersStephen Brackett serves as director or equivalent of Provident Healthcare Partners, LLC.
• Royal Wessanen NVminorOthersRudolph Kluiber is a member of the Supervisory Board of Royal Wessanen NV.
• NewdeaminorOthersBrian Lockhart serves on the board of Newdea.
• ING BankminorStrategic or Co-development PartnerStephen Brackett helped launch and develop divisions of private equity, venture and hedge fund platforms in partnership with global financial institutions including ING Bank prior to joining SKK.
• Manulife Financial CorporationminorStrategic or Co-development PartnerStephen Brackett helped launch and develop divisions of private equity, venture and hedge fund platforms in partnership with Manulife Financial Corporation prior to joining SKK.
• Bank of Tokyo-Mitsubishi Capital Corporation (BTMCC)minorStrategic or Co-development PartnerStephen Brackett ran the Investment Banking and Corporate Advisory Practice for Bank of Tokyo-Mitsubishi Capital Corporation prior to joining SKK.

Scale indicators4 records

Expansion highlights5 records

Direct peers

• Glenmede: Glenmede is an independent, employee-owned wealth manager and investment advisor serving HNW families, foundations, and endowments — directly comparable in client mix, fiduciary mandate, and AUM scale to SKK.
• Rockefeller Capital Management: Rockefeller provides private wealth management, asset management, and family office services to UHNW individuals and institutions — directly overlapping with SKK's HNW focus and alternative investment offerings.
• Bessemer Trust: Bessemer Trust is a multi-family office serving HNW and UHNW families with investment management, wealth planning, and family office services — directly comparable to SKK's Wealth Management division in client base, fiduciary model, and service scope.
• Pitcairn: Pitcairn is a multi-family office serving HNW families with investment management, trust services, and family office capabilities — comparable to SKK's multi-family office service model and HNW client profile.
• Mariner Wealth Advisors: Mariner is a national RIA serving HNW families with comprehensive wealth management, estate planning, and family office services — directly comparable client segments and a similar boutique/institutional hybrid positioning.
• Cerity Partners: Cerity Partners is a large independent wealth management and multi-family office firm serving HNW individuals, families, and institutions — directly comparable to SKK in client segments, fee-based advisory model, and recent M&A-driven growth strategy.

Broad incumbents

• Northern Trust Wealth Management: Northern Trust serves UHNW individuals, families, and foundations with investment management, trust, and family office services — a much larger incumbent with overlapping HNW/foundation client segments and global capabilities.
• Brown Brothers Harriman (Wealth Management): BBH's Wealth Management division serves HNW families, foundations, and endowments with private banking, investment management, and trust services — a broader incumbent with overlapping fiduciary advisory capabilities.

Emerging players

• Creative Planning: Creative Planning is a fast-growing national RIA offering wealth management, tax, and estate planning to HNW clients — comparable client segment with an aggressive M&A-driven scale strategy that contrasts with SKK's organic boutique approach.
• Cambridge Associates: Cambridge Associates provides investment consulting and OCIO services to HNW families, foundations, and endowments — comparable client base and alternative-investment orientation, though positioned more as advisor-research than discretionary manager.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/shepherd-kaplan-krochuk

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shepherd Kaplan Krochuk