# EDGAR Filing Document

**Accession Number:** 0001623387
**File Stem:** 0001623387-23-000006
**Filing Date:** 2023-3
**Character Count:** 15010
**Document Hash:** 3ce73a0740de53697b9336f0f4f42970
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001623387-23-000006.hdr.sgml**: 20230323

**ACCESSION NUMBER**: 0001623387-23-000006

**CONFORMED SUBMISSION TYPE**: MA-A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230316

**DATE AS OF CHANGE**: 20230323

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kaufman, Hall & Associates, LLC
- **CENTRAL INDEX KEY:** 0001623387
- **IRS NUMBER:** 472564584
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** MA-A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 867-01238
- **FILM NUMBER:** 23754934

**BUSINESS ADDRESS:**
- **STREET 1:** 10 SOUTH WACKER DRIVE
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 847-441-8780

**MAIL ADDRESS:**
- **STREET 1:** 10 SOUTH WACKER DRIVE
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Kaufman, Hall & Associates, Inc.
- **DATE OF NAME CHANGE:** 20141024

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM MA: UNIFORM APPLICATION FOR MUNICIPAL ADVISOR REGISTRATION

### Filer and Contact Information

**Filer CIK:** 0001623387

**Filer CCC:** XXXXXXXX

**Contact Name:** Kenneth McManus

**Contact Phone:** 973-618-9508

**Contact Email:** kenmcmanus@alternativereg.com

**Notification Emails:** kenmcmanus@alternativereg.com, RTurner@kaufmanhall.com

### Type of Filing

**Selected Filing Type:** Annual Update

### Item 1: Identifying Information

**A. Full Legal Name of the Firm:** Kaufman, Hall & Associates, LLC

**&nbsp;&nbsp;&nbsp;Is applicant a Sole Proprietor?:** No

**&nbsp;&nbsp;&nbsp;Has the municipal legal name changed since the last filing?:** No

**&nbsp;&nbsp;&nbsp;Has the applicant had any previous DBA names?:** No

**&nbsp;&nbsp;&nbsp;Does the applicant have any additional DBA names?:** No

**C. IRS Employer Identification Number:** 47-2564584

**D. Registrations:**

- **Municipal Advisor (Temporary):** SEC File No: 866-00222-00

- **Municipal Advisor:** SEC File No: 867-01238

**E. Principal Office and Place of Business:** 10 SOUTH WACKER DRIVE, Suite 3375, CHICAGO, IL, 60606

**Telephone Number:** 847-441-8780

**Additional Offices of Employment:**

- **Office #1 (Add):** 2101 Rosencrans Avenue, Suite 6200, El Segundo, CA, 90245 | Phone: 310-227-8988

- **Office #2 (Add):** 5202 OLD ORCHARD ROAD, Suite 3375, SKOKIE, IL, 60077 | Phone: 847-441-8780

- **Office #3 (Add):**  | Phone: 224-724-3474

- **Office #4 (Amend):**  | Phone: 224-724-3348

- **Office #5 (Add):**  | Phone: 847-441-8780

**Mailing Address is Different from Principal Office:** No

**F. Website:** www.kaufmanhall.com

**G. Chief Compliance Officer (CCO):**

**Name:** Laura NMN Muma

**Address:** 10 SOUTH WACKER DRIVE, Suite 3375, CHICAGO, IL, 60606

**Phone Number:** 847-441-8780

**Email:** lmuma@kaufmanhall.com

**I. Location of Books and Records:** No

### Item 2: Form of Organization

**A. Applicant's form of organization:** Limited Liability Company (LLC)

**B. Month of Applicant's Annual Fiscal Year End:** December

**C. State, Other U.S. Jurisdiction, or Foreign Jurisdiction Under Which Applicant is Organized:** IL

**D. Date of Organization:** 02-24-1985

**E. Is the applicant a public reporting company?:** No

### Item 3: Successions

**Is the applicant succeeding to the business of a registered municipal advisor?** No

### Item 4: Information About Applicant's Business

**A. Number of Employees:** 460

**B. Municipal Advisory Activities - Employees:** 25

**C. Registered Representatives - MAA Employees also registered reps of a broker-dealer:** 0

**&nbsp;&nbsp;&nbsp;MAA Employees also associated with an investment adviser:** 0

**D. Public Relations Company?:** No

**E. Soliciting on Behalf of an Affiliate - Number of firms:** 0

**F. Types of Clients - Number of clients served as municipal advisor:** 95

**&nbsp;&nbsp;&nbsp;Types of Clients:** Municipal Entities, Non-profit organizations, Corporations or other businesses

**G. Solicitation of Municipal Entities and Obligated Persons - Municipal Entities:** 0

**&nbsp;&nbsp;&nbsp;Obligated Persons:** 0

**&nbsp;&nbsp;&nbsp;Total Solicited:** 0

**H. Types of Persons Solicited:** 
Not Applicable
, Not Applicable

**I. Compensation Arrangements (Municipal Advisory):** 
Fixed Fees
Contingent Fees
, Fixed Fees, Contingent Fees

**J. Compensation Arrangements (Solicitation):** 
Not Applicable
, Not Applicable

**K. Does the applicant receive compensation in the context of its municipal advisory business from other than its municipal entity or obligated person clients?:** No

**L. Applicant Business Relating to Municipal Securities:** Advice Insurance Of MS, Advice Use Of MD, Advice On Selection

### Item 5: Other Business Activities

**Is applicant engaged in any other non-municipal advisor business?** Yes

### Item 6: Financial Industry and Other Activities of Associated Persons

**Types of associated persons:** 

**Total Associated Persons:** 0

### Item 7: Participation or Interest in Client Transactions

- **Buy or sell municipal securities from or to municipal advisory clients for the firm's own account?:** No

- **Buy or sell municipal securities from or to third-parties on behalf of clients?:** No

- **Enter into derivatives transactions with clients for the firm's own account?:** No

- **Recommend to clients to buy/sell securities in which the firm has a financial interest?:** No

- **Recommend to clients products/services of an affiliated person?:** No

- **Recommend to clients securities of an issuer with which the firm has other relationships?:** No

- **Have discretionary authority to buy/sell municipal securities for clients?:** No

- **Have discretionary authority to buy/sell any other securities or investments for clients?:** No

- **Have discretionary authority to determine the broker-dealer to be used for client transactions?:** No

- **Have discretionary authority to determine the commission paid to a broker-dealer?:** No

- **Recommend broker-dealers to clients?:** Yes

- **&nbsp;&nbsp;&nbsp;If yes, are any of these broker-dealers an associated person of the applicant?:** No

- **Compensate any person for client referrals?:** No

- **Receive compensation from any person for client referrals?:** No

### Item 8: Owners, Officers, and Other Control Persons

**A. (2) Does any person not named in Item 1-A or Schedules A, B, or C, directly or indirectly, control the applicant's management or policies?** No

**B. (1) Is any person in Schedule A, B, or C, or in Section 8-A of Schedule D a public reporting company?** No

### Item 9: Disclosure Information

**Criminal Disclosure:**

- **Applicant/Advisory Affiliate Convicted/Pled Guilty to Felony?:** No

- **Applicant/Advisory Affiliate Charged with Felony?:** No

- **Organization Convicted/Pled Guilty to Felony?:** No

- **Organization Charged with Felony?:** No

**Regulatory Disclosure:**

- **SEC/CFTC Found False Statement?:** No

- **SEC/CFTC Found Violation?:** No

- **SEC/CFTC Found Cause of Denial/Suspension?:** No

- **SEC/CFTC Entered Order?:** No

- **SEC/CFTC Imposed Civil Penalty?:** No

- **SRO Found Unethical Conduct?:** No

- **SRO Found Violation?:** No

- **SRO Found Cause of Denial/Suspension?:** No

- **SRO Barred/Suspended/Fined > $2,500?:** No

- **SRO Denied/Suspended/Revoked Registration?:** No

- **Foreign Authority Found False Statement?:** No

- **Foreign Authority Found Violation?:** No

- **Foreign Authority Found Cause of Suspension?:** No

- **Foreign Authority Disciplined?:** No

- **Authorization to Act as Attorney/Accountant Revoked?:** No

- **Subject of a Regulatory Complaint?:** No

**Civil Disclosure:**

- **Enjoined in Connection with Municipal Advisory Activity?:** No

- **Found to Have Violated Regulations?:** No

- **Civil Proceeding Dismissed Pursuant to Settlement?:** Yes

- **Named in Civil Proceeding Alleging Violation?:** No

### Item 10: Small Businesses

**Does the applicant have annual receipts of less than $7,000,000?** No

**Is the applicant affiliated with a person that has annual receipts of more than $7,000,000?** No

### Schedule A: Direct Owners and Executive Officers

| Name                          | Title/Status                           | Date Acquired   | Ownership Code           | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|
| KH Intermediate Holdings, LLC | OWNER                                  | 06-23-2020      | E - 75% or more          | No                |  |  |
| Kenneth Victor Kaufman        | Chairman of the Board and President    | 12-31-2014      | A - 5% but less than 10% | Yes               |  | 000000000    |
| Timothy Patrick Sullivan      | Board Member                           | 12-31-2014      | NA - less than 5%        | Yes               |  | 6028194      |
| Timothy Jason Shideler        | Board Member                           | 12-31-2014      | NA - less than 5%        | Yes               |  | 7091022      |
| Laura NMN Muma                | General Counsel                        | 12-31-2014      | NA - less than 5%        | Yes               |  | 000000000    |
| Robert Timothy Drozd          | Chief Financial Officer                | 02-01-2017      | NA - less than 5%        | Yes               |  | 000000000    |
| Laura NMN Muma                | Secretary and Chief Compliance Officer | 11-30-2016      | NA - less than 5%        | Yes               |  | 000000000    |
| Robert Wes Champion           | Chief Executive Officer                | 04-02-2018      | NA - less than 5%        | Yes               |  | 000000000    |
| Daniel NMN Rappaport          | Board Member                           | 08-19-2020      | NA - less than 5%        | Yes               |  | 000000000    |
| Kevin Shawn Costello          | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
| William Edgar Ritchie         | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
| Byron Sterling Jobe           | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
| David Farr Ertel              | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
| Bharat NMN Sundaram           | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
| Catherine Celeste Guelich     | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |

### Schedule B: Indirect Owners

| Owning Entity                | Name              | Title/Status   | Date Acquired   | Ownership Code   | Control Person?   | IRS Number   |
|:---|:---|:---|:---|:---|:---|:---|
| KH INTERMEDIATE HOLDINGS LLC | KH AQUISITION LLC | MEMBER         | 12-14-2021      | E - 75% or more  | Yes               |  |
| KH AQUISITION LLC            | KH TopCo LLC      | MEMBER         | 12-14-2021      | E - 75% or more  | Yes               |  |

### Schedule C: Amendments to Schedules A and B

| Type   | Ownership   | Owning Entity                | Name                          | Title/Status                           | Date Acquired   | Ownership Code           | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Direct      |  | KH Intermediate Holdings, LLC | OWNER                                  | 06-23-2020      | E - 75% or more          | No                |  |  |
|  | Indirect    | KH INTERMEDIATE HOLDINGS LLC | KH AQUISITION LLC             | MEMBER                                 | 12-14-2021      | E - 75% or more          | Yes               |  |  |
|  | Indirect    | KH AQUISITION LLC            | KH TopCo LLC                  | MEMBER                                 | 12-14-2021      | E - 75% or more          | Yes               |  |  |
|  | Direct      |  | Kenneth Victor Kaufman        | Chairman of the Board and President    | 12-31-2014      | A - 5% but less than 10% | Yes               |  | 000000000    |
|  | Direct      |  | Timothy Patrick Sullivan      | Board Member                           | 12-31-2014      | NA - less than 5%        | Yes               |  | 6028194      |
|  | Direct      |  | Timothy Jason Shideler        | Board Member                           | 12-31-2014      | NA - less than 5%        | Yes               |  | 7091022      |
|  | Direct      |  | Laura NMN Muma                | General Counsel                        | 12-31-2014      | NA - less than 5%        | Yes               |  | 000000000    |
|  | Direct      |  | Robert Timothy Drozd          | Chief Financial Officer                | 02-01-2017      | NA - less than 5%        | Yes               |  | 000000000    |
|  | Direct      |  | Laura NMN Muma                | Secretary and Chief Compliance Officer | 11-30-2016      | NA - less than 5%        | Yes               |  | 000000000    |
|  | Direct      |  | Robert Wes Champion           | Chief Executive Officer                | 04-02-2018      | NA - less than 5%        | Yes               |  | 000000000    |
| Delete | Direct      |  | Daniel NMN Rappaport          | Board Member                           | 08-19-2020      | NA - less than 5%        | Yes               |  | 000000000    |
|  | Direct      |  | Kevin Shawn Costello          | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
|  | Direct      |  | William Edgar Ritchie         | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
|  | Direct      |  | Byron Sterling Jobe           | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
|  | Direct      |  | David Farr Ertel              | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
|  | Direct      |  | Bharat NMN Sundaram           | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
|  | Direct      |  | Catherine Celeste Guelich     | Board Member                           | 12-14-2021      | NA - less than 5%        | Yes               |  | 000000000    |
| NewAdd | Direct      |  | Venanzio NMN Pasquale         | Board Member                           | 10-17-2022      | NA - less than 5%        | Yes               |  | 000000000    |

### Disclosure Reporting Pages (DRPs)

### Execution Page

**Signature:** Robert Turner

**Signer Name:** Robert Turner

**Title:** Managing Director

**Date:** 03-16-2023