DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

J•••• K•••• • A••••••••• I•••

Independent wealth managerBlaine, MinnesotaCRD 104976SEC 801-112613IAPD
Latest filing Mar 4, 2026
First filing on the tape Jan 9, 2012 · 22 filings
SEC status approved since Mar 19, 2018
RAUM
$239M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$234M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$59.8M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$239M as of Mar 4, 2026
Jan 9, 2012$73.2M then
HNW client RAUM$227M as of Mar 4, 2026
Feb 24, 2022$183M then
State-registered IARs (5.B.3)4 as of Mar 4, 2026
Jan 9, 20120 then
Employees (5.A)4 as of Mar 4, 2026
Mar 8, 20194 then
Private funds: no history
RAUM +16% over the last fiscal year+16% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 4, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$59.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
11derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.5MderivedHNW RAUM over HNW clients
Average account
$5.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-6.4%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Wrap fee program
$239MreportedItem 5.I
Custody
$48.3M, 30 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$227M95%
  • Individuals$6.2M2.6%
  • Pension and profit-sharing plans$5.1M2.1%
  • Corporations and businesses$424,8320.2%
Individual clients
9reported
HNW clients
35reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
46reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$48.3M for 30 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••••••• F••••••• J••••Minneapolis, MnOct 24, 199440 y0
L•••• S•• W••••Blaine, MnMar 25, 201632 y0
M•••••• G•••••• M•••••Blaine, MnApr 21, 202133 y2
B•••• H••••• K••••Blaine, MnMay 10, 202132 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • K••••• B••••• H••••• · Chief Executive Officer/President/Chief Compliance Officercontrol
    since 01/2014 · owns 50% to 75%
  • W••••• L••••• S•• · Chief Financial Officer/Treasurercontrol
    since 01/2014 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Blaine, Mn · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 47 to 46
    Feb 19, 2025 to Mar 4, 2026
  • HNW clients · 38 to 35
    Feb 19, 2025 to Mar 4, 2026
  • Assets in custody · $206M to $48.3M
    Feb 19, 2025 to Mar 4, 2026
  • Discretionary RAUM · $206M to $239M
    Feb 19, 2025 to Mar 4, 2026
  • HNW RAUM · $197M to $227M
    Feb 19, 2025 to Mar 4, 2026
  • Individual RAUM · $4.1M to $6.2M
    Feb 19, 2025 to Mar 4, 2026
  • Pension RAUM · $4.4M to $5.1M
    Feb 19, 2025 to Mar 4, 2026
  • RAUM · $206M to $239M
    Feb 19, 2025 to Mar 4, 2026
  • Wrap assets (manager) · $206M to $0
    Feb 19, 2025 to Mar 4, 2026
  • Accounts · 45 to 47
    Feb 23, 2024 to Feb 19, 2025
  • HNW clients · 33 to 38
    Feb 23, 2024 to Feb 19, 2025
  • Individual clients · 12 to 9
    Feb 23, 2024 to Feb 19, 2025
  • Assets in custody · $181M to $206M
    Feb 23, 2024 to Feb 19, 2025
  • Financial planning clients · unset to
    Feb 23, 2024 to Feb 19, 2025
  • Discretionary RAUM · $181M to $206M
    Feb 23, 2024 to Feb 19, 2025
  • HNW RAUM · $171M to $197M
    Feb 23, 2024 to Feb 19, 2025
  • Individual RAUM · $6.4M to $4.1M
    Feb 23, 2024 to Feb 19, 2025
  • Pension RAUM · $4.2M to $4.4M
    Feb 23, 2024 to Feb 19, 2025
  • RAUM · $181M to $206M
    Feb 23, 2024 to Feb 19, 2025
  • Wrap assets (manager) · $181M to $206M
    Feb 23, 2024 to Feb 19, 2025
  • Accounts · 46 to 45
    May 15, 2023 to Feb 23, 2024
  • HNW clients · 34 to 33
    May 15, 2023 to Feb 23, 2024
  • Assets in custody · $154M to $181M
    May 15, 2023 to Feb 23, 2024
  • Discretionary RAUM · $154M to $181M
    May 15, 2023 to Feb 23, 2024
  • HNW RAUM · $145M to $171M
    May 15, 2023 to Feb 23, 2024
  • Individual RAUM · $5.5M to $6.4M
    May 15, 2023 to Feb 23, 2024
  • Pension RAUM · $3.5M to $4.2M
    May 15, 2023 to Feb 23, 2024
  • RAUM · $154M to $181M
    May 15, 2023 to Feb 23, 2024
  • Wrap assets (manager) · $154M to $181M
    May 15, 2023 to Feb 23, 2024
  • Business name · W••• to J•••• K•••• • A••••••••• I•••
    May 11, 2023 to May 15, 2023
  • Legal name · WCM, INC. to J•••• K•••• • A••••••••• I•••
    May 11, 2023 to May 15, 2023
  • HQ city · MINNEAPOLIS to BLAINE
    Feb 21, 2023 to May 11, 2023
  • HNW clients · 35 to 34
    Feb 24, 2022 to Feb 21, 2023
  • Individual clients · 11 to 12
    Feb 24, 2022 to Feb 21, 2023
  • Assets in custody · $193M to $154M
    Feb 24, 2022 to Feb 21, 2023
  • Discretionary RAUM · $193M to $154M
    Feb 24, 2022 to Feb 21, 2023
  • HNW RAUM · $183M to $145M
    Feb 24, 2022 to Feb 21, 2023
  • Individual RAUM · $5.7M to $5.5M
    Feb 24, 2022 to Feb 21, 2023
  • Pension RAUM · $4.8M to $3.5M
    Feb 24, 2022 to Feb 21, 2023
  • RAUM · $193M to $154M
    Feb 24, 2022 to Feb 21, 2023
Signals
2 dated events
  • Marie Rose Hanson (Chief Compliance Officer) no longer on Schedule A of J•••• K•••• • A••••••••• I••• (listed 2020-10-23, absent 2021-03-09)
    Mar 9, 2021 · Control person left · inference
  • Wcmi filed its initial SEC registration (Form ADV)
    Feb 12, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Principal office phone
612-341-2218reportedpublic record, Form ADV, Mar 4, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$59.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026