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

K••••••• A•••• M••••••••• L••

Former SEC-registered adviserNew York, New YorkCRD 106204SEC 801-52581IAPD
Latest filing Mar 29, 2019
First filing on the tape Mar 30, 2012 · 18 filings
RAUM
$1.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
4.7%
$68.6M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
83
18 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
1
$14.7M gross assets
History
18 filings and snapshots on the tape
RAUM$1.5B as of Mar 29, 2019
Mar 30, 2012$2.6B then
HNW client RAUM$68.6M as of Mar 29, 2019
Mar 29, 2018$56.0M then
State-registered IARs (5.B.3)0 as of Mar 29, 2019
Mar 28, 20130 then
Employees (5.A)83 as of Mar 29, 2019
Mar 28, 201381 then
Private funds1 as of Mar 29, 2019
Mar 30, 20121 then
RAUM -13% over the last fiscal year-16% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 29, 2019; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$454,464derivedHNW RAUM over HNW clients
Average account
$8.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
10%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
-13%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$14.7M, 1 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)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.1B79%
  • Charitable organizations$148M10%
  • High-net-worth individuals$68.6M4.7%
  • Corporations and businesses$57.3M3.9%
  • Pooled investment vehicles$40.2M2.7%
  • Pension and profit-sharing plans$580,7070.0%
Individual clients
0reported
HNW clients
151reported
Pension plan clients
2reported
Charitable clients
1reported
Accounts
174reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $56.8M managedreported
Custody of client assets
$14.7M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
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
      • B••••••• S••••• · President And Elected Managercontrol
        since 04/2011 · owns less than 5%
      • D••••• L•••••••• P•••••• · Elected Managercontrol
        since 02/2000 · owns less than 5%
      • D••••• P••••• B•••••• · Managing Director And Elected Managercontrol
        since 04/1998 · owns less than 5%
      • E••••• T•••••• C••••••• · Elected Managercontrol
        since 04/2011 · owns less than 5%
      • G•••••••• R••••••• W•••• · Chief Compliance Officer, Senior Vice President And Associate General Counselcontrol
        since 01/2017 · owns less than 5%
      • K••••••• J••• H••••• · General Counsel, Managing Director, Elected Manager And Assistant Secretarycontrol
        since 08/2006 · owns less than 5%
      • P•••••••• L••••• · Chief Financial Officer And Elected Managercontrol
        since 04/1998 · owns less than 5%
      • R•••• H•••• M•••••• · Chief Operating Officer, Managing Director, Elected Manager And Secretarycontrol
        since 04/2011 · owns less than 5%
      • S••••• M••••• · Chairman, Chief Executive Officer, And Chief Investment Officercontrol
        since 04/2011 · owns less than 5%
      • B••••••• S••••• · Elected Managercontrol
        since 04/2011 · owns F of H•••••• K••••••• L••
      • D••••• L•••••••• P•••••• · Elected Managercontrol
        since 04/2011 · owns F of H•••••• K••••••• L••
      • D••••• P••••• B•••••• · Elected Managercontrol
        since 04/2011 · owns F of H•••••• K••••••• L••
      • E••••• T•••••• C••••••• · Elected Managercontrol
        since 04/2011 · owns F of H•••••• K••••••• L••
      • K••••••• J••• H••••• · Elected Managercontrol
        since 04/2011 · owns F of H•••••• K••••••• L••
      • P•••••••• L••••• · Elected Managercontrol
        since 04/2011 · owns F of H•••••• K••••••• L••
      • R•••• H•••• M•••••• · Elected Managercontrol
        since 04/2011 · owns F of H•••••• K••••••• L••
      • S••••• M••••• · Chairman Of The Board Of Managers And Elected Managercontrol
        since 04/2011 · owns F of H•••••• K••••••• L••
      Entity owners
      • H•••••• K••••••• L•• · Owner
        direct · owns 75% or more
      • H•••••• C••••• I•• · Owner
        indirect · owns 25% to 50% of H•••••• K••••••• L••
      • K••••••• C••••• I•• · Owner
        indirect · owns 25% to 50% of H•••••• K••••••• L••
      Related persons
      Schedule D 7.A
      Advisers that list K••••••• A•••• M••••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Charlotte, NC2 employees
      • Summit, NJ1 employees
      • White Plains, NY1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 124 to 174
        Mar 29, 2018 to Mar 29, 2019
      • BD registered reps · 24 to 25
        Mar 29, 2018 to Mar 29, 2019
      • Charity clients · unset to 1.0
        Mar 29, 2018 to Mar 29, 2019
      • Corporate clients · 10 to 9
        Mar 29, 2018 to Mar 29, 2019
      • HNW clients · 103 to 151
        Mar 29, 2018 to Mar 29, 2019
      • Individual clients · unset to 0.0
        Mar 29, 2018 to Mar 29, 2019
      • Pension plan clients · unset to 2.0
        Mar 29, 2018 to Mar 29, 2019
      • Assets in custody · $16.1M to $14.7M
        Mar 29, 2018 to Mar 29, 2019
      • Employees · 79 to 83
        Mar 29, 2018 to Mar 29, 2019
      • Discretionary RAUM · $1.7B to $1.5B
        Mar 29, 2018 to Mar 29, 2019
      • HNW RAUM · $56.0M to $68.6M
        Mar 29, 2018 to Mar 29, 2019
      • Individual RAUM · unset to 0.0
        Mar 29, 2018 to Mar 29, 2019
      • Pension RAUM · unset to 580707.0
        Mar 29, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $72.0M to $40.2M
        Mar 29, 2018 to Mar 29, 2019
      • RAUM · $1.7B to $1.5B
        Mar 29, 2018 to Mar 29, 2019
      • Wrap assets (manager) · $50.8M to $56.8M
        Mar 29, 2018 to Mar 29, 2019
      • Accounts · 96 to 124
        Mar 29, 2017 to Mar 29, 2018
      • BD registered reps · 25 to 24
        Mar 29, 2017 to Mar 29, 2018
      • Corporate clients · unset to 10.0
        Mar 29, 2017 to Mar 29, 2018
      • HNW clients · unset to 103.0
        Mar 29, 2017 to Mar 29, 2018
      • Pooled vehicle clients · unset to 2.0
        Mar 29, 2017 to Mar 29, 2018
      • Assets in custody · $12.4M to $16.1M
        Mar 29, 2017 to Mar 29, 2018
      • Employees · 80 to 79
        Mar 29, 2017 to Mar 29, 2018
      • Other offices · unset to 3.0
        Mar 29, 2017 to Mar 29, 2018
      • Discretionary RAUM · $1.8B to $1.7B
        Mar 29, 2017 to Mar 29, 2018
      • HNW RAUM · unset to 56006347.0
        Mar 29, 2017 to Mar 29, 2018
      • Pooled vehicle RAUM · unset to 72026747.0
        Mar 29, 2017 to Mar 29, 2018
      • RAUM · $1.8B to $1.7B
        Mar 29, 2017 to Mar 29, 2018
      • Wrap assets (manager) · unset to 50828837.0
        Mar 29, 2017 to Mar 29, 2018
      • Wrap assets (sponsor) · unset to 0.0
        Mar 29, 2017 to Mar 29, 2018
      • Accounts · 109 to 96
        Jan 25, 2017 to Mar 29, 2017
      • BD registered reps · 23 to 25
        Jan 25, 2017 to Mar 29, 2017
      • Assets in custody · $11.3M to $12.4M
        Jan 25, 2017 to Mar 29, 2017
      • Employees · 82 to 80
        Jan 25, 2017 to Mar 29, 2017
      • Discretionary RAUM · $2.4B to $1.8B
        Jan 25, 2017 to Mar 29, 2017
      • RAUM · $2.4B to $1.8B
        Jan 25, 2017 to Mar 29, 2017
      • Assets in custody · unset to 11317724.0
        Mar 30, 2016 to Oct 19, 2016
      • Custody of client assets · false to true
        Mar 30, 2016 to Oct 19, 2016
      • Accounts · 126 to 109
        Nov 4, 2015 to Mar 30, 2016
      • Advisory employees · 21 to 18
        Nov 4, 2015 to Mar 30, 2016
      Signals
      No event on the tape.
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026