# Leo Kraunelis

> Leo Kraunelis is a fee-only financial advisor at Aspen Grove Capital in Avon, Colorado, who holds the CFA credential. Leo focuses on family wealth transfer. Aspen Grove Capital reports charging a percentage of assets and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/leo-kraunelis/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Aspen Grove Capital
- **Based in:** Avon, Colorado
- **Fee model (firm's Form ADV):** Percentage of assets; Fixed fees
- **Assets under management (firm):** $6.67B across 3,287 accounts
- **Credentials:** CFA
- **Specialties:** Family wealth transfer
- **Works with:** Multi-generational families
- **CRD:** 6978233 (https://adviserinfo.sec.gov/individual/summary/6978233)
- **SEC registration:** Investment adviser representative in CO
- **Exams passed:** Series 65 (2018)
- **Firm size:** 22 employees
- **Disclosures:** None reported
- **Website:** https://www.aspengrovellc.com/

## Frequently asked questions

### Is Leo Kraunelis a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Leo holds no broker registration, and Aspen Grove Capital reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Leo charge for financial advice?

Leo's firm, Aspen Grove Capital, reports charging a percentage of assets and fixed fees on its SEC Form ADV.

### Where is Leo Kraunelis based?

Leo Kraunelis is based in Avon, Colorado.

### What does Leo specialize in?

Leo's specialties include family wealth transfer. Leo works with multi-generational families.

### What credentials does Leo Kraunelis hold?

Leo Kraunelis holds the CFA credential.

### Is Leo Kraunelis registered with the SEC?

Yes. Leo Kraunelis is registered as an investment adviser representative in CO (CRD 6978233), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Aspen Grove Capital manage?

Aspen Grove Capital reports $6.67B across 3,287 accounts in assets under management.

### How do I contact Leo Kraunelis?

Through Leo's website, www.aspengrovellc.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/6978233): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://www.aspengrovellc.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.