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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

THUN FINANCIAL ADVISORS

THUN FINANCIAL ADVISORS, LLC, CRD 146914

MADISON, WI

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:c7f975f3-b2c0-e198-b2a1-33be02ba5f79

Data as of Jun 26, 2020 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:47 AM UTC and rebuilt at most every 15 minutes.

Relationships: 16
Dated events: 3
On other graphs: 0
Observed: Mar 9, 2015 to Jun 26, 2020
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: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $638MItem 5.F on the latest filing (2020-06-26); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $1.0M
Private client RAUM: $633MderivedItem 5.D individuals plus high net worth individuals
Private client share: 99%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 13
Advisory employees: 9
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 506
Individual clients: 228
High net worth clients: 276
Custody, client assets: $34.6M
SEC number: 801-81139
CRD: 146914
Filings on the tape: 12
First filed: Mar 9, 2015
Latest filed: Jun 26, 2020
Organised: Limited Liability Company, Wisconsin

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
KUENZI, DAVID, ALLAN	Member	E	yes	01/2008	Mar 9, 2015	Jun 26, 2020
FARMER, RICHARD, STANTON	CHIEF COMPLIANCE OFFICER	Na	no	10/2014	Mar 9, 2015	Jun 26, 2020

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	Offices	Private funds	Fund GAV
2019	Mar 10, 2020	$574M	$2.0M	13	9	0	n/a	n/a
2018	Mar 11, 2019	$434M	$0	13	7	0	n/a	n/a
2017	Mar 12, 2018	$373M	$0	11	7	0	n/a	n/a
2016	Mar 14, 2017	$251M	$0	8	6	n/a	n/a	n/a
2015	Feb 16, 2016	$144M	$0	6	4	n/a	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
2019	$638M	$434M	47.0%	$251M	36.5%	13	13	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
WALKNER CONDON FINANCIAL ADVISORS LLC	2	Sep 30, 2020	Sep 4, 2020	MADISON, WI	Team lift out	RIA to RIA	20.0%
CREATIVE PLANNING	7	Sep 30, 2020	Aug 29, 2023	MADISON, WI	Firm absorbed	RIA to RIA	70.0%

Relationships

Controls (1)

← KUENZI, DAVID, ALLANOwnerMEMBER, ownership code E, individual
Mar 9, 2015 to presentfactForm ADV

Owns (1)

← FARMER, RICHARD, STANTONOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 9, 2015 to presentfactForm ADV

Moved with (2)

→ CREATIVE PLANNINGRegistered adviser7 advisors, firm absorbed, same day
Sep 30, 2020 to Aug 29, 2023factForm ADV
→ WALKNER CONDON FINANCIAL ADVISORS LLCRegistered adviser2 advisors, team lift out, same day
Sep 30, 2020 to Sep 4, 2020factForm ADV

Registered with (12)

← DAVID ALLAN KUENZIAdvisorregistration: previous registration
May 5, 2008 to Dec 7, 2020factForm ADV
← NANCY JEAN MetzgerAdvisorregistration: previous registration
Aug 1, 2018 to Sep 30, 2020factForm ADV
← RICHARD STANTON FARMERAdvisorregistration: previous registration
Nov 3, 2014 to Sep 30, 2020factForm ADV
← GRACE TREWARTHAAdvisorregistration: previous registration
Mar 10, 2020 to Sep 30, 2020factForm ADV
← PETER SARGENT SENGELMANNAdvisorregistration: previous registration
Jan 28, 2017 to Sep 30, 2020factForm ADV
← Sylvain Ernest MichelinAdvisorregistration: previous registration
Feb 22, 2018 to Sep 30, 2020factForm ADV
← KATHY MARIE KAFFERAdvisorregistration: previous registration
Nov 20, 2019 to Sep 30, 2020factForm ADV
← Francisco Xavier Aguilar PuyolAdvisorregistration: previous registration
Feb 28, 2017 to Sep 30, 2020factForm ADV
← Dustin J MonglerAdvisorregistration: previous registration
Jun 25, 2019 to Sep 30, 2020factForm ADV
← Jack William ThomasAdvisorregistration: previous registration
Jul 28, 2020 to Sep 30, 2020factForm ADV
← KEITH Alan PONIEWAZAdvisorregistration: previous registration
Mar 1, 2016 to Jan 15, 2019factForm ADV
← FREDERIC A BEHRENSAdvisorregistration: previous registration
Aug 26, 2014 to Apr 18, 2018factForm ADV

Dated events

Occurred
Mar 10, 2020
Regulatory AUM changed
Thun Financial Advisors reported RAUM $573.9M, up 32% from $434.2M (2019-07-26 to 2020-03-10)
Form ADVobserved 6 days ago
$140M
Occurred
Mar 12, 2018
Regulatory AUM changed
Thun Financial Advisors reported RAUM $373.1M, up 49% from $251.1M (2017-03-14 to 2018-03-12)
Form ADVobserved 6 days ago
$122M
Occurred
Mar 9, 2015
First Form ADV filing
Thun Financial Advisors filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:c7f975f3-b2c0-e198-b2a1-33be02ba5f79
First observed: Mar 9, 2015
Last observed: Jun 26, 2020 75 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.

THUN FINANCIAL ADVISORS

THUN FINANCIAL ADVISORS, LLC, CRD 146914

MADISON, WI

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:c7f975f3-b2c0-e198-b2a1-33be02ba5f79

Data as of Jun 26, 2020 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:47 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

KUENZI, DAVID, ALLAN

Member

yes

01/2008

Mar 9, 2015

Jun 26, 2020

FARMER, RICHARD, STANTON

CHIEF COMPLIANCE OFFICER

10/2014

Mar 9, 2015

Jun 26, 2020

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2019

Mar 10, 2020

$574M

$2.0M

n/a

2018

Mar 11, 2019

$434M

n/a

2017

Mar 12, 2018

$373M

n/a

2016

Mar 14, 2017

$251M

n/a

2015

Feb 16, 2016

$144M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2019

$638M

$434M

47.0%

$251M

36.5%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

WALKNER CONDON FINANCIAL ADVISORS LLC

Sep 30, 2020

Sep 4, 2020

MADISON, WI

Team lift out

RIA to RIA

20.0%

CREATIVE PLANNING

Sep 30, 2020

Aug 29, 2023

MADISON, WI

Firm absorbed

RIA to RIA

70.0%