# PYA Waltman Capital

PYA Waltman Capital is a RIA based in Knoxville, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** Knoxville, United States
- **Region:** North America
- **Address:** Knoxville, TN, United States
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** pyawaltman.com
- **LinkedIn:** https://www.linkedin.com/company/pya-waltman-capital-llc

## Regulatory record

- **CRD number:** 137283
- **SEC file number:** 801-64909
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-02T06:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/137283

## About

PYA Waltman Capital opened in 2005 in Knoxville, Tennessee, inside the orbit of PYA, the regional accounting and healthcare-consulting firm. Bob Kesling leads the practice as President. The firm positions itself as a personal CFO for individuals, businesses, and institutional clients who already trust the PYA umbrella, making the wealth-management arm a natural extension of existing advisory relationships rather than a standalone brand-building exercise. The firm organizes around four service lines — financial planning, investment management, institutional services, and retirement-plan consulting. For individual clients, the process is explicitly values-based: advisors map assets to personal priorities before constructing portfolios. The firm does not publish an AUM figure, a fund lineup, or a client count, operating instead as a quiet, compliance-first RIA that leans heavily on its parent firm's regional brand equity. A Director of Institutional Services, a Director of Financial Planning Services, a Chief Compliance Officer, and a small research and portfolio-management group support the President. The firm lists a Research Analyst & Portfolio Manager role, signaling in-house manager selection and possibly model-portfolio construction. No satellite offices appear on the website; all listed personnel and the single Knoxville address point to one location serving Tennessee-based and possibly Southeastern clients. The structural differentiator is the embedded relationship with a multidisciplinary professional-services firm. Most RIAs build a brand and then try to attach accounting or legal capabilities later.

## People

- Bob Kesling — President

## Questions

### How is PYA Waltman Capital related to the accounting firm PYA?

PYA Waltman Capital operates as the wealth-management and registered-investment-advisory arm within the broader PYA professional-services network. It was established in 2005 to provide financial planning, investment management, and retirement-plan consulting to individuals and institutions already connected to PYA's tax, audit, and healthcare-consulting practices. The shared name and Knoxville headquarters reflect a close operational affiliation.

### What is the investment philosophy at PYA Waltman Capital?

The firm publicly frames its philosophy as values-based: advisors map a client's financial resources to personal priorities before building a strategy. Investment management is positioned as one component of a broader planning engagement rather than a standalone product, and the website emphasizes long-term alignment, transparency, and an objective, advice-driven posture over an aggressive return-seeking mandate.

## Related profiles

- [PX3 Partners](https://altss.com/profile/px3-partners)
- [Pycap Venture Partners](https://altss.com/profile/pycap-venture-partners)

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Last updated: 2026-08-11T02:43:31.692Z

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