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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Former SEC-registered adviser

B••••• • A••••••••• I••

Former SEC-registered adviserPhiladelphia, PennsylvaniaCRD 105257SEC 801-454websiteIAPD
Latest filing May 13, 2025
First filing on the tape Aug 17, 2012 · 15 filings
SEC status approved since Mar 1, 1950
RAUM
$106M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
42%
$44.3M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$53.1M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$106M as of May 13, 2025
Aug 17, 2012$91.0M then
HNW client RAUM$19.8M as of May 13, 2025
Apr 4, 2018$17.4M then
State-registered IARs (5.B.3)2 as of May 13, 2025
Apr 3, 20130 then
Employees (5.A)3 as of May 13, 2025
Apr 3, 20134 then
Private funds1 as of Mar 29, 2020
Jun 30, 20191 then
RAUM -3.4% over the last fiscal year+3.0% a year over threeIARs 2 to 2
Practice profile
derived from the filing of May 13, 2025; every figure names its basis
RAUM per advisor
$53.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
21derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$1.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
8.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-5.8%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+17%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$53.1M50%
  • Individuals$24.6M23%
  • High-net-worth individuals$19.8M19%
  • Charitable organizations$7.5M7.1%
  • Pension and profit-sharing plans$1.1M1.1%
Individual clients
35reported
HNW clients
7reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
62reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
H•••• M• K•••••••••Philadelphia, PaAug 25, 202626 y4
G••• A••••• V••••Philadelphia, PaAug 25, 202624 y3
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
1 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
  • K••••••••• H••••• M• · President And Chief Compliance Officercontrol
    since 06/2007 · owns 25% to 50%
  • K••••••••• H••••• R•••••• · Retiredcontrol
    since 12/2019 · owns 50% to 75%
Related persons
Schedule D 7.A
  • B••••• C•••••• A••••••• L••
    bankn
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Philadelphia, Pa · principal220
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 57 to 62
    Apr 1, 2024 to May 13, 2025
  • Advisory activities · 3 to 4
    Apr 1, 2024 to May 13, 2025
  • Assets in custody · 450000.0 to unset
    Apr 1, 2024 to May 13, 2025
  • Custody of client assets · true to false
    Apr 1, 2024 to May 13, 2025
  • Financial planning clients · unset to 1-10
    Apr 1, 2024 to May 13, 2025
  • Discretionary RAUM · $101M to $104M
    Apr 1, 2024 to May 13, 2025
  • HNW RAUM · $21.1M to $19.8M
    Apr 1, 2024 to May 13, 2025
  • Individual RAUM · $18.6M to $24.6M
    Apr 1, 2024 to May 13, 2025
  • Non-discretionary RAUM · $2.2M to $2.3M
    Apr 1, 2024 to May 13, 2025
  • Pension RAUM · $5.4M to $1.1M
    Apr 1, 2024 to May 13, 2025
  • RAUM · $104M to $106M
    Apr 1, 2024 to May 13, 2025
  • Accounts · 63 to 57
    Mar 31, 2023 to Apr 1, 2024
  • HNW clients · 5 to 7
    Mar 31, 2023 to Apr 1, 2024
  • Individual clients · 31 to 35
    Mar 31, 2023 to Apr 1, 2024
  • Assets in custody · $702,066 to $450,000
    Mar 31, 2023 to Apr 1, 2024
  • Discretionary RAUM · $108M to $101M
    Mar 31, 2023 to Apr 1, 2024
  • HNW RAUM · $19.6M to $21.1M
    Mar 31, 2023 to Apr 1, 2024
  • Individual RAUM · $27.0M to $18.6M
    Mar 31, 2023 to Apr 1, 2024
  • Non-discretionary RAUM · $2.1M to $2.2M
    Mar 31, 2023 to Apr 1, 2024
  • Pension RAUM · $2.6M to $5.4M
    Mar 31, 2023 to Apr 1, 2024
  • RAUM · $110M to $104M
    Mar 31, 2023 to Apr 1, 2024
  • Accounts · 68 to 63
    Mar 31, 2022 to Mar 31, 2023
  • HNW clients · unset to 5.0
    Mar 31, 2022 to Mar 31, 2023
  • Individual clients · 36 to 31
    Mar 31, 2022 to Mar 31, 2023
  • Assets in custody · $1.6M to $702,066
    Mar 31, 2022 to Mar 31, 2023
  • Discretionary RAUM · $104M to $108M
    Mar 31, 2022 to Mar 31, 2023
  • HNW RAUM · $14.7M to $19.6M
    Mar 31, 2022 to Mar 31, 2023
  • Individual RAUM · $26.1M to $27.0M
    Mar 31, 2022 to Mar 31, 2023
  • Non-discretionary RAUM · $2.4M to $2.1M
    Mar 31, 2022 to Mar 31, 2023
  • Pension RAUM · $6.0M to $2.6M
    Mar 31, 2022 to Mar 31, 2023
  • RAUM · $106M to $110M
    Mar 31, 2022 to Mar 31, 2023
  • Accounts · 67 to 68
    Mar 31, 2021 to Mar 31, 2022
  • Corporate clients · 3.0 to unset
    Mar 31, 2021 to Mar 31, 2022
  • HNW clients · 3.0 to unset
    Mar 31, 2021 to Mar 31, 2022
  • Individual clients · 35 to 36
    Mar 31, 2021 to Mar 31, 2022
  • Assets in custody · $1.6M to $1.6M
    Mar 31, 2021 to Mar 31, 2022
  • Employees · 4 to 3
    Mar 31, 2021 to Mar 31, 2022
  • Discretionary RAUM · $95.0M to $104M
    Mar 31, 2021 to Mar 31, 2022
  • HNW RAUM · $11.6M to $14.7M
    Mar 31, 2021 to Mar 31, 2022
  • Individual RAUM · $23.2M to $26.1M
    Mar 31, 2021 to Mar 31, 2022
Signals
2 dated events
  • Bishop & Associates Inc no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $106.1M)
    Apr 1, 2026 · Left the SEC roster · derived
  • Raymond Henry Kwiecinski (Retired) appeared on Schedule A of Bishop & Associates Inc
    Mar 31, 2022 · Control person joined · 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
Firm profile
linkedin.com/company/bishop-&-associatesreportedpublic record, Form ADV, Sep 18, 2026
Website
BISHOP-ASSOCIATES.COMreportedpublic record, Form ADV, Sep 18, 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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$53.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026