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

L•••••• C•••••• M••••••••• I••

Independent wealth managerBirmingham, MichiganCRD 106063SEC 801-42852websiteIAPD
Latest filing Feb 10, 2026
First filing on the tape Apr 11, 2012 · 28 filings
SEC status approved since Dec 8, 1992
RAUM
$849M
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
92%
$781M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$212M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$849M as of Feb 10, 2026
Apr 11, 2012$159M then
HNW client RAUM$763M as of Feb 10, 2026
Feb 27, 2018$232M then
State-registered IARs (5.B.3)3 as of Feb 10, 2026
Jan 31, 20132 then
Employees (5.A)4 as of Feb 10, 2026
Jan 31, 20134 then
Private funds: no history
RAUM +13% over the last fiscal year+22% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Feb 10, 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
RAUM per advisor
$212MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
40derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.1MderivedHNW RAUM over HNW clients
Average account
$2.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
90%derivedof RAUM
Institutional
1.5%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
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+13%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, otherreportedItem 5.G
Custody
$268M, 59 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$763M90%
  • Corporations and businesses$32.3M3.8%
  • Individuals$18.4M2.2%
  • Banks and thrifts$13.4M1.6%
  • Charitable organizations$13.1M1.5%
  • Other investment advisers$9.6M1.1%
Individual clients
34reported
HNW clients
126reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
430reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$268M for 59 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.92 fund_share=0.01 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
K•••••• J••• C•••••••Birmingham, MiJan 25, 201612 y0
C•••••• L••••••• D•••••••Birmingham, MiJan 28, 201632 y1
S•••••• A••••••••Birmingham, MiApr 20, 201631 y1
J•••• V• H•••Certified Financial PlannerBirmingham, MiMay 31, 202310 y2
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
  • C•••••••• K••••••• J••• · Ceo/Ccocontrol
    since 01/2017 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Birmingham, Mi · principal400
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • compensation changedChange between filings · filing Feb 10, 2026
    hourly charges (Item 5.E.2): no on the filing of 2025-03-02, yes on the filing of 2026-02-10
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 382 to 430
    Mar 2, 2025 to Feb 10, 2026
  • Advisory activities · 2 to 3
    Mar 2, 2025 to Feb 10, 2026
  • HNW clients · 110 to 126
    Mar 2, 2025 to Feb 10, 2026
  • Individual clients · 32 to 34
    Mar 2, 2025 to Feb 10, 2026
  • Assets in custody · $235M to $268M
    Mar 2, 2025 to Feb 10, 2026
  • Discretionary RAUM · $677M to $766M
    Mar 2, 2025 to Feb 10, 2026
  • HNW RAUM · $653M to $763M
    Mar 2, 2025 to Feb 10, 2026
  • Individual RAUM · $13.4M to $18.4M
    Mar 2, 2025 to Feb 10, 2026
  • Non-discretionary RAUM · $75.5M to $83.5M
    Mar 2, 2025 to Feb 10, 2026
  • RAUM · $752M to $849M
    Mar 2, 2025 to Feb 10, 2026
  • Accounts · 375 to 382
    Feb 6, 2024 to Mar 2, 2025
  • Advisory employees · 2 to 3
    Feb 6, 2024 to Mar 2, 2025
  • HNW clients · 108 to 110
    Feb 6, 2024 to Mar 2, 2025
  • Individual clients · 31 to 32
    Feb 6, 2024 to Mar 2, 2025
  • Assets in custody · $195M to $235M
    Feb 6, 2024 to Mar 2, 2025
  • Financial planning clients · 0 to 0
    Feb 6, 2024 to Mar 2, 2025
  • State-registered IARs · 2 to 3
    Feb 6, 2024 to Mar 2, 2025
  • Discretionary RAUM · $534M to $677M
    Feb 6, 2024 to Mar 2, 2025
  • HNW RAUM · $511M to $653M
    Feb 6, 2024 to Mar 2, 2025
  • Individual RAUM · $12.4M to $13.4M
    Feb 6, 2024 to Mar 2, 2025
  • Non-discretionary RAUM · $71.6M to $75.5M
    Feb 6, 2024 to Mar 2, 2025
  • RAUM · $605M to $752M
    Feb 6, 2024 to Mar 2, 2025
  • Accounts · 320 to 375
    Aug 28, 2023 to Feb 6, 2024
  • HNW clients · 82 to 108
    Aug 28, 2023 to Feb 6, 2024
  • Individual clients · 36 to 31
    Aug 28, 2023 to Feb 6, 2024
  • Assets in custody · $114M to $195M
    Aug 28, 2023 to Feb 6, 2024
  • Employees · 3 to 4
    Aug 28, 2023 to Feb 6, 2024
  • Discretionary RAUM · $416M to $534M
    Aug 28, 2023 to Feb 6, 2024
  • HNW RAUM · $379M to $511M
    Aug 28, 2023 to Feb 6, 2024
  • Individual RAUM · $14.7M to $12.4M
    Aug 28, 2023 to Feb 6, 2024
  • Non-discretionary RAUM · $51.6M to $71.6M
    Aug 28, 2023 to Feb 6, 2024
  • Pension RAUM · 325928.0 to unset
    Aug 28, 2023 to Feb 6, 2024
  • RAUM · $467M to $605M
    Aug 28, 2023 to Feb 6, 2024
  • Accounts · 321 to 320
    Feb 25, 2022 to Mar 13, 2023
  • HNW clients · 80 to 82
    Feb 25, 2022 to Mar 13, 2023
  • Individual clients · 39 to 36
    Feb 25, 2022 to Mar 13, 2023
  • Assets in custody · $119M to $114M
    Feb 25, 2022 to Mar 13, 2023
  • Discretionary RAUM · $477M to $416M
    Feb 25, 2022 to Mar 13, 2023
  • HNW RAUM · $429M to $379M
    Feb 25, 2022 to Mar 13, 2023
  • Individual RAUM · $16.1M to $14.7M
    Feb 25, 2022 to Mar 13, 2023
Signals
2 dated events
  • L•••••• C•••••• M••••••••• I•• reported RAUM $605.4M, up 30% from $467.1M (2023-08-28 to 2024-02-06)
    Feb 6, 2024 · RAUM change · derived
  • David Robert Foster (Chairman, Evp) no longer on Schedule A of L•••••• C•••••• M••••••••• I•• (listed 2019-07-11, absent 2020-03-21)
    Mar 21, 2020 · Control person left · inference
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 email
i•••@l•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
248-258-9290reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
248-258-9292reportedpublished by the firm, firm site, Sep 15, 2026
Website
L••••••CAPITALMI.COMreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
248 258-9290reportedpublic record, Form ADV, Feb 10, 2026
Team page
l•••••••••.comreportedpublished 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
$212Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026