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SEC-registered adviser

P••••••• F•••••••• S••••••• L••

Independent wealth managerDenver, ColoradoCRD 106127SEC 801-123636websiteIAPD
Latest filing Feb 6, 2026
First filing on the tape Feb 9, 2012 · 11 filings
SEC status approved since Apr 7, 2022
RAUM
$124M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$119M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$124M
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$124M as of Feb 6, 2026
Feb 9, 2012$40.1M then
HNW client RAUM$82.7M as of Feb 6, 2026
Feb 22, 2023$50.1M then
State-registered IARs (5.B.3)1 as of Feb 6, 2026
Feb 9, 20120 then
Employees (5.A)2 as of Feb 6, 2026
Feb 22, 20232 then
Private funds: no history
RAUM +10% over the last fiscal year+11% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Feb 6, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$124MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
157derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$765,663derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+10%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.6%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, publicationsreportedItem 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
  • is an insurance broker or agent (6.A.6)
  • 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
  • High-net-worth individuals$82.7M67%
  • Individuals$36.5M29%
  • Pension and profit-sharing plans$4.9M4.0%
  • Charitable organizations$10.0%
Individual clients
131reported
HNW clients
26reported
Pension plan clients
4reported
Charitable clients
1reported
Accounts
162reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K••• R••••• P•••••••Denver, CoFeb 22, 199940 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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • P•••••••• K•••• R••••• · Cco, Managing Member, Ownercontrol
        since 06/1994 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 165 to 162
        Feb 5, 2025 to Feb 6, 2026
      • Individual clients · 132 to 131
        Feb 5, 2025 to Feb 6, 2026
      • Pension plan clients · 6 to 4
        Feb 5, 2025 to Feb 6, 2026
      • Financial planning clients · 0 to 1-10
        Feb 5, 2025 to Feb 6, 2026
      • Discretionary RAUM · $112M to $124M
        Feb 5, 2025 to Feb 6, 2026
      • HNW RAUM · $72.4M to $82.7M
        Feb 5, 2025 to Feb 6, 2026
      • Individual RAUM · $34.6M to $36.5M
        Feb 5, 2025 to Feb 6, 2026
      • Non-discretionary RAUM · $453,961 to $215,242
        Feb 5, 2025 to Feb 6, 2026
      • Pension RAUM · $5.1M to $4.9M
        Feb 5, 2025 to Feb 6, 2026
      • RAUM · $112M to $124M
        Feb 5, 2025 to Feb 6, 2026
      • Accounts · 166 to 165
        Feb 5, 2024 to Feb 5, 2025
      • HNW clients · 27 to 26
        Feb 5, 2024 to Feb 5, 2025
      • Individual clients · 125 to 132
        Feb 5, 2024 to Feb 5, 2025
      • Financial planning clients · 1-10 to 0
        Feb 5, 2024 to Feb 5, 2025
      • Discretionary RAUM · $105M to $112M
        Feb 5, 2024 to Feb 5, 2025
      • HNW RAUM · $68.4M to $72.4M
        Feb 5, 2024 to Feb 5, 2025
      • Individual RAUM · $31.4M to $34.6M
        Feb 5, 2024 to Feb 5, 2025
      • Non-discretionary RAUM · $485,015 to $453,961
        Feb 5, 2024 to Feb 5, 2025
      • Pension RAUM · $4.7M to $5.1M
        Feb 5, 2024 to Feb 5, 2025
      • RAUM · $106M to $112M
        Feb 5, 2024 to Feb 5, 2025
      • Accounts · 158 to 166
        Feb 22, 2023 to Feb 5, 2024
      • Individual clients · 123 to 125
        Feb 22, 2023 to Feb 5, 2024
      • Pension plan clients · 7 to 6
        Feb 22, 2023 to Feb 5, 2024
      • Discretionary RAUM · $91.3M to $105M
        Feb 22, 2023 to Feb 5, 2024
      • HNW RAUM · $50.1M to $68.4M
        Feb 22, 2023 to Feb 5, 2024
      • Individual RAUM · $36.9M to $31.4M
        Feb 22, 2023 to Feb 5, 2024
      • Non-discretionary RAUM · $185,994 to $485,015
        Feb 22, 2023 to Feb 5, 2024
      • Pension RAUM · $4.1M to $4.7M
        Feb 22, 2023 to Feb 5, 2024
      • RAUM · $91.5M to $106M
        Feb 22, 2023 to Feb 5, 2024
      • Accounts · 159 to 158
        Mar 15, 2022 to Feb 22, 2023
      • HNW clients · 35 to 27
        Mar 15, 2022 to Feb 22, 2023
      • Individual clients · 116 to 123
        Mar 15, 2022 to Feb 22, 2023
      • Discretionary RAUM · $132M to $91.3M
        Mar 15, 2022 to Feb 22, 2023
      • HNW RAUM · $93.9M to $50.1M
        Mar 15, 2022 to Feb 22, 2023
      • Individual RAUM · $32.1M to $36.9M
        Mar 15, 2022 to Feb 22, 2023
      • Non-discretionary RAUM · $359,704 to $185,994
        Mar 15, 2022 to Feb 22, 2023
      • Pension RAUM · $5.8M to $4.1M
        Mar 15, 2022 to Feb 22, 2023
      • RAUM · $132M to $91.5M
        Mar 15, 2022 to Feb 22, 2023
      • Accounts · 160 to 159
        May 5, 2021 to Mar 7, 2022
      • Charity clients · 2 to 1
        May 5, 2021 to Mar 7, 2022
      Signals
      1 dated events
      • P••••••• F•••••••• S••••••• L•• filed its initial SEC registration (Form ADV)
        Apr 26, 2021 · 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
      Business phone
      303-831-4800reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      P•••••••FS.COMreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      303-831-4800reportedpublic record, Form ADV, Feb 6, 2026
      Contact form
      p•••••••••.comreportedpublished by the firm, firm site, Sep 16, 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
      $124Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026