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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM under $100M

KARNER BLUE CAPITAL, LLC

CRD 290714

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:61cc8e4e-01be-5684-b035-9c3e60c7cfbc

Data as of Mar 30, 2024 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 5:41 AM UTC and rebuilt at most every 15 minutes.

Relationships: 10
Dated events: 6
On other graphs: 0
Observed: Jul 23, 2019 to Mar 30, 2024
16 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $72,791Item 5.F on the latest filing (2024-03-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $72,791
Private client RAUM: $24,398derivedItem 5.D individuals plus high net worth individuals
Private client share: 34%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 2
Advisory employees: 2
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 3
Individual clients: 0
High net worth clients: 0
SEC number: 801-117224
CRD: 290714
Filings on the tape: 16
First filed: Jul 23, 2019
Latest filed: Mar 30, 2024
Organised: Limited Liability Company, Maryland

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
AKN KBC LLC	Member	C	yes	08/2020	Aug 18, 2020	Mar 30, 2024
BENJAMIN, VICKI, LYNN	SOLE MEMBER	E	yes	08/2020	Jul 23, 2019	Mar 30, 2024
BENJAMIN, VICKI, LYNN	PRESIDENT, TREASURER & MANAGER	Na	yes	12/2017	Jul 23, 2019	Mar 30, 2024
NIEBLER, ANDREW, KURT	SOLE MEMBER	E	yes	07/2020	Jul 23, 2019	Mar 30, 2024
NIEBLER, ANDREW, KURT	EXECUTIVE VP, GENERAL COUNSEL, CHIEF COMPLIANCE OFFICER & MANAGER	Na	yes	12/2017	Jul 23, 2019	Mar 30, 2024
VLB KBC LLC	Member	D	yes	08/2020	Aug 18, 2020	Mar 30, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2023	Mar 29, 2024	$72,791	$72,791	2	2	n/a	n/a
2022	Mar 14, 2023	$9.0M	$9.0M	7	7	n/a	n/a
2021	Mar 16, 2022	$10.7M	$10.7M	9	7	n/a	n/a
2020	Mar 16, 2021	$8.3M	$8.3M	17	3	n/a	n/a
2019	Mar 20, 2020	$5.4M	$5.4M	15	3	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2023	$72,791	$9.0M	-99.2%	$8.3M	-79.4%	2	7	0	0

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
STANCE CAPITAL LLC	2	Jun 28, 2024	Jun 22, 2026	BETHESDA, MD	Team lift out	Other	100.0%

Relationships

Controls (4)

← BENJAMIN, VICKI, LYNNOwnerSOLE MEMBER, ownership code E, individual
Jul 23, 2019 to presentfactForm ADV
← NIEBLER, ANDREW, KURTOwnerSOLE MEMBER, ownership code E, individual
Jul 23, 2019 to presentfactForm ADV
← AKN KBC LLCOwnerMEMBER, ownership code C, domestic entity
Aug 18, 2020 to presentfactForm ADV
← VLB KBC LLCOwnerMEMBER, ownership code D, domestic entity
Aug 18, 2020 to presentfactForm ADV

Moved with (1)

→ STANCE CAPITAL LLCRegistered adviser2 advisors, team lift out, same day
Jun 28, 2024 to Jun 22, 2026factForm ADV

Registered with (3)

← VICKI LYNN BENJAMINAdvisorregistration: previous registration
Feb 9, 2018 to Jun 28, 2024factForm ADV
← ANDREW KURT NIEBLERAdvisorregistration: previous registration
Jan 29, 2018 to Jun 28, 2024factForm ADV
← WILSON COLLETT KISTLERAdvisorregistration: previous registration
Aug 15, 2019 to May 28, 2020factForm ADV

Dated events

Occurred
Jun 28, 2024
Team lift-out
2 advisors left Karner Blue Capital, LLC (Bethesda, MD) for Stance Capital LLC on the same day
Form ADVobserved 4 days ago
2 advisors
Occurred
Jun 28, 2024
Advisor changed firm
Vicki Lynn Benjamin left Karner Blue Capital, Llc for Stance Capital Llc (registered 2026-06-22)
Form ADVobserved 5 days ago
Occurred
Jun 28, 2024
Advisor changed firm
Andrew Kurt Niebler left Karner Blue Capital, Llc for Stance Capital Llc (registered 2026-05-29)
Form ADVobserved 5 days ago
Occurred
Aug 18, 2020
Control person left
Peter Wayne Pacelle (Managing Member) no longer on Schedule A of Karner Blue Capital, Llc (listed 2020-05-27, absent 2020-08-18)
Form ADVobserved 5 days ago
Occurred
Aug 18, 2020
Control person left
D Fredrick Schaufeld (Sole Member) no longer on Schedule A of Karner Blue Capital, Llc (listed 2020-05-27, absent 2020-08-18)
Form ADVobserved 5 days ago
Occurred
Jul 23, 2019
First Form ADV filing
Karner Blue Capital, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:61cc8e4e-01be-5684-b035-9c3e60c7cfbc
First observed: Jul 23, 2019
Last observed: Mar 30, 2024 30 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

KARNER BLUE CAPITAL, LLC

CRD 290714

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:61cc8e4e-01be-5684-b035-9c3e60c7cfbc

Data as of Mar 30, 2024 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 5:41 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

AKN KBC LLC

Member

yes

08/2020

Aug 18, 2020

Mar 30, 2024

BENJAMIN, VICKI, LYNN

SOLE MEMBER

yes

08/2020

Jul 23, 2019

Mar 30, 2024

BENJAMIN, VICKI, LYNN

PRESIDENT, TREASURER & MANAGER

yes

12/2017

Jul 23, 2019

Mar 30, 2024

NIEBLER, ANDREW, KURT

SOLE MEMBER

yes

07/2020

Jul 23, 2019

Mar 30, 2024

NIEBLER, ANDREW, KURT

EXECUTIVE VP, GENERAL COUNSEL, CHIEF COMPLIANCE OFFICER & MANAGER

yes

12/2017

Jul 23, 2019

Mar 30, 2024

VLB KBC LLC

Member

yes

08/2020

Aug 18, 2020

Mar 30, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2023

Mar 29, 2024

$72,791

n/a

2022

Mar 14, 2023

$9.0M

n/a

2021

Mar 16, 2022

$10.7M

n/a

2020

Mar 16, 2021

$8.3M

n/a

2019

Mar 20, 2020

$5.4M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2023

$72,791

$9.0M

-99.2%

$8.3M

-79.4%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

STANCE CAPITAL LLC

Jun 28, 2024

Jun 22, 2026

BETHESDA, MD

Team lift out

Other

100.0%