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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

ROYAL PALMS CAPITAL, LLC

CRD 135304

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:d38a55ad-e6f7-43d4-4c86-da9d5754747a

Data as of Jun 29, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 9:21 AM UTC and rebuilt at most every 15 minutes.

Relationships: 4
Dated events: 1
On other graphs: 0
Observed: Jan 31, 2012 to Jun 29, 2026
12 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: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $124MItem 5.F on the latest filing (2026-06-29); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $124M
Private client RAUM: $124MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 1
RAUM per advisor: $124Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 1
Advisory employees: 1
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 249
Individual clients: 54
High net worth clients: 33
SEC number: 801-132117
CIK: 2107886
CRD: 135304
Filings on the tape: 12
First filed: Jan 31, 2012
Latest filed: Jun 29, 2026
Organised: Limited Liability Company, MT
Website: royalpalmscapital.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
KRISTIN HETZER	Certified Financial Planner	WHITEFISH, MT	1	43	2	no

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
HETZER, KRISTIN	CHIEF EXECUTIVE OFFICER	E	yes	01/2004	Jan 31, 2012	Apr 30, 2012
PENNY, CHARLES, NUZUM	Owner	Na	no	04/2005	Jan 31, 2012	Apr 30, 2012

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; showing 3 of 4

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 27, 2026	$124M	$124M	1	1	1	n/a	n/a
2024	Mar 20, 2025	$101M	$101M	1	1	0	n/a	n/a
2011	Mar 28, 2012	$58.2M	$57.6M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

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
2025	$124M	$101M	22.8%	n/a	n/a	1	1	1	0

Relationships

Registered with (1)

← KRISTIN HETZERAdvisorregistration: previous registration
May 17, 2005 to May 20, 2005factForm ADV

Controls (1)

← HETZER, KRISTINOwnerCHIEF EXECUTIVE OFFICER, ownership code E, individual
Jan 31, 2012 to Apr 30, 2012factForm ADV

Owns (1)

← PENNY, CHARLES, NUZUMOwnerOWNER, ownership code NA, individual
Jan 31, 2012 to Apr 30, 2012factForm ADV

Dated events

Occurred
Jan 28, 2026
Succession filed (Item 4)
Royal Palms Capital, Llc reported succeeding to the business of Royal Palms Capital, Llc (Form ADV Item 4)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:d38a55ad-e6f7-43d4-4c86-da9d5754747a
First observed: Jan 31, 2012
Last observed: Jun 29, 2026 2 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.

ROYAL PALMS CAPITAL, LLC

CRD 135304

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:d38a55ad-e6f7-43d4-4c86-da9d5754747a

Data as of Jun 29, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 9:21 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

KRISTIN HETZER

Certified Financial Planner

WHITEFISH, MT

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

HETZER, KRISTIN

CHIEF EXECUTIVE OFFICER

yes

01/2004

Jan 31, 2012

Apr 30, 2012

PENNY, CHARLES, NUZUM

Owner

04/2005

Jan 31, 2012

Apr 30, 2012

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 27, 2026

$124M

n/a

2024

Mar 20, 2025

$101M

n/a

2011

Mar 28, 2012

$58.2M

$57.6M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$124M

$101M

22.8%

n/a