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

B•••• F•••••••• C••••••••• I••

Independent wealth managerIndianapolis, IndianaCRD 105653SEC 801-34764websiteIAPD
Latest filing Aug 5, 2026
First filing on the tape Mar 29, 2012 · 61 filings
SEC status approved since Jul 6, 1989
RAUM
$2.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$2.9B individuals and HNW
Advisors
19
registered through the firm on IAPD
RAUM per advisor
$154M
derived; firm RAUM over IAPD count
Employees
28
19 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
61 filings and snapshots on the tape
RAUM$2.9B as of Aug 5, 2026
Mar 29, 2012$593M then
HNW client RAUM$2.7B as of Aug 5, 2026
Mar 18, 2018$1.0B then
State-registered IARs (5.B.3)19 as of Aug 5, 2026
Mar 29, 20120 then
Employees (5.A)28 as of Aug 5, 2026
Mar 20, 201314 then
Private funds: no history
RAUM +18% over the last fiscal year+17% a year over threeIARs 14 to 19
Practice profile
derived from the filing of Aug 5, 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
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$154MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
61derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.7MderivedHNW RAUM over HNW clients
Average account
$537,220derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
19.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+36%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.5%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
Custody
$1.5B, 788 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.7B93%
  • Individuals$133M4.6%
  • Corporations and businesses$51.9M1.8%
  • Charitable organizations$5.6M0.2%
Individual clients
421reported
HNW clients
741reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
5,435reported
Financial planning clients
1,000reported
Wrap fee programs
noreported
Custody of client assets
$1.5B for 788 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
19 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
W•••••• J• W•••••••Chartered Financial AnalystIndianapolis, InSep 1, 200030 y0
E••••• E•••• K•••••••••Certified Financial PlannerIndianapolis, InDec 5, 200037 y0
K•••••• J••• H••••Certified Financial PlannerIndianapolis, InMar 29, 200522 y1
M••••••• L••••••• C••••••Certified Financial PlannerIndianapolis, InJul 22, 200819 y0
R••• A•••• C••••••Indianapolis, InNov 13, 200926 y0
E••• D••••• B••••Certified Financial PlannerIndianapolis, InMar 23, 201017 y0
D•••• N••• C•••••••Chartered Financial AnalystIndianapolis, InJul 18, 201234 y1
A•••••• S•••••• H•••••••Indianapolis, InJan 1, 201512 y0
A••••••• M••• P••••••Certified Financial PlannerIndianapolis, InMar 7, 201712 y0
S•••• E•••••••• M••••••Certified Financial PlannerIndianapolis, InMar 7, 201718 y1
A••••• B••••••• S••••••Indianapolis, InNov 14, 201711 y0
M••••• J••••• R•••Certified Financial PlannerIndianapolis, InFeb 23, 201813 y1
J••••••• M•••••• K•••Chartered Financial AnalystIndianapolis, InDec 12, 201813 y1
C•••••••• R••• S•••••••Certified Financial PlannerIndianapolis, InFeb 15, 201910 y0
O••••• S•••• M•••••Certified Financial PlannerHanover, Md May 26, 202211 y1
N••••••• J•••• R•••••••••Certified Financial PlannerIndianapolis, InMay 1, 202410 y0
C••••• K•••••Indianapolis, InDec 20, 202412 y0
N••••••• K••••Indianapolis, InJun 3, 202512 y5
C••• L••••••••• B•••••••Certified Financial PlannerIndianapolis, InDec 5, 202512 y2
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • K••••••••• E•••••• E•••• · Ceocontrol
    since 07/1993 · owns 75% or more
  • B••••• E•••• D••••• · President
    since 09/2022 · owns 25% to 50%
  • C••••••• R•••• A•••• · Vice President
    since 09/2022 · owns less than 5%
  • E••••••••• L••••• S•••• · Chief Compliance Officer
    since 06/2023 · owns less than 5%
  • V••••••••• C••••• M••••••• · Chief Operating Officer
    since 09/2022 · owns less than 5%
  • W•••••••• W••••••• J• · Chief Investment Officer
    since 01/2010 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Indianapolis, In · principal1910
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Advisory employees · 15 to 19
    Jan 30, 2026 to Feb 19, 2026
  • Accounts · 5,083 to 5,435
    Jan 30, 2026 to Feb 19, 2026
  • HNW clients · 715 to 741
    Jan 30, 2026 to Feb 19, 2026
  • Individual clients · 386 to 421
    Jan 30, 2026 to Feb 19, 2026
  • Assets in custody · $1.3B to $1.5B
    Jan 30, 2026 to Feb 19, 2026
  • Employees · 26 to 28
    Jan 30, 2026 to Feb 19, 2026
  • State-registered IARs · 14 to 19
    Jan 30, 2026 to Feb 19, 2026
  • Discretionary RAUM · $2.5B to $2.9B
    Jan 30, 2026 to Feb 19, 2026
  • HNW RAUM · $2.3B to $2.7B
    Jan 30, 2026 to Feb 19, 2026
  • Individual RAUM · $101M to $133M
    Jan 30, 2026 to Feb 19, 2026
  • Non-discretionary RAUM · $1.1M to $1.6M
    Jan 30, 2026 to Feb 19, 2026
  • RAUM · $2.5B to $2.9B
    Jan 30, 2026 to Feb 19, 2026
  • Financial planning clients · More than 500 to More than 500
    Apr 17, 2025 to Jun 5, 2025
  • Accounts · 4,806 to 5,083
    Mar 22, 2024 to Apr 17, 2025
  • Advisory employees · 14 to 15
    Mar 22, 2024 to Apr 17, 2025
  • Charity clients · 3.0 to unset
    Mar 22, 2024 to Apr 17, 2025
  • Corporate clients · 3.0 to unset
    Mar 22, 2024 to Apr 17, 2025
  • HNW clients · 577 to 715
    Mar 22, 2024 to Apr 17, 2025
  • Individual clients · 503 to 386
    Mar 22, 2024 to Apr 17, 2025
  • Assets in custody · $983M to $1.3B
    Mar 22, 2024 to Apr 17, 2025
  • Employees · 25 to 26
    Mar 22, 2024 to Apr 17, 2025
  • Discretionary RAUM · $2.1B to $2.5B
    Mar 22, 2024 to Apr 17, 2025
  • HNW RAUM · $1.9B to $2.3B
    Mar 22, 2024 to Apr 17, 2025
  • Individual RAUM · $192M to $101M
    Mar 22, 2024 to Apr 17, 2025
  • Non-discretionary RAUM · $1.2M to $1.1M
    Mar 22, 2024 to Apr 17, 2025
  • RAUM · $2.1B to $2.5B
    Mar 22, 2024 to Apr 17, 2025
  • Accounts · 4,585 to 4,806
    Mar 1, 2024 to Mar 22, 2024
  • Advisory employees · 13 to 14
    Mar 1, 2024 to Mar 22, 2024
  • HNW clients · 575 to 577
    Mar 1, 2024 to Mar 22, 2024
  • Individual clients · 471 to 503
    Mar 1, 2024 to Mar 22, 2024
  • Assets in custody · $651M to $983M
    Mar 1, 2024 to Mar 22, 2024
  • Employees · 14 to 25
    Mar 1, 2024 to Mar 22, 2024
  • State-registered IARs · 13 to 14
    Mar 1, 2024 to Mar 22, 2024
  • Discretionary RAUM · $1.8B to $2.1B
    Mar 1, 2024 to Mar 22, 2024
  • HNW RAUM · $1.6B to $1.9B
    Mar 1, 2024 to Mar 22, 2024
  • Individual RAUM · $137M to $192M
    Mar 1, 2024 to Mar 22, 2024
  • Non-discretionary RAUM · $1.1M to $1.2M
    Mar 1, 2024 to Mar 22, 2024
  • RAUM · $1.8B to $2.1B
    Mar 1, 2024 to Mar 22, 2024
  • Accounts · 4,299 to 4,585
    Jan 13, 2023 to Mar 31, 2023
  • Charity clients · unset to 3.0
    Jan 13, 2023 to Mar 31, 2023
Signals
3 dated events
  • Richard Bradley Stark (Chief Compliance Officer) no longer on Schedule A of B•••• F•••••••• C••••••••• I•• (listed 2022-11-23, absent 2023-01-13)
    Jan 13, 2023 · Control person left · inference
  • C•••• V••••••••• (Chief Compliance Officer) no longer on Schedule A of B•••• F•••••••• C••••••••• I•• (listed 2019-11-11, absent 2020-03-26)
    Mar 26, 2020 · Control person left · inference
  • Richard Bradley Stark (Chief Compliance Officer) appeared on Schedule A of B•••• F•••••••• C••••••••• I••
    Mar 26, 2020 · 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
Business phone
317-574-5999reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
317-843-1358reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
888-843-1358reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/bedel-financial-consulting-inc/?viewAsMreportedpublic record, Form ADV, Sep 19, 2026
Website
B••••FINANCIAL.COMreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
317-843-1358reportedpublic record, Form ADV, Aug 5, 2026
Contact form
bedelfinancial.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
bedelfinancial.com/teamreportedpublished by the firm, firm site, Sep 15, 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
$154Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026