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

K••••••• • A••••••••• L•• I•

Independent wealth managerBarrington, IllinoisCRD 106701SEC 801-135791websiteIAPD
Latest filing Apr 10, 2026
First filing on the tape Jan 24, 2012 · 4 filings
SEC status approved since Apr 8, 2026
RAUM
$118M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
94%
$110M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$58.8M
derived; firm RAUM over IAPD count
Employees
7
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$118M as of Apr 10, 2026
Jan 24, 2012$44.4M then
HNW client RAUM: $25.4M
State-registered IARs (5.B.3)2 as of Apr 10, 2026
Jan 24, 20120 then
Employees (5.A): 7
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Apr 10, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$58.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
59derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.1MderivedHNW RAUM over HNW clients
Average account
$296,874derivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
5.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, pension consultingreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$84.9M72%
  • High-net-worth individuals$25.4M22%
  • Pension and profit-sharing plans$6.8M5.8%
  • Corporations and businesses$462,6060.4%
Individual clients
113reported
HNW clients
5reported
Pension plan clients
8reported
Charitable clients
0reported
Accounts
396reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
fixed, hourly, commissionsreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B••• S•••• K•••••••Barrington, IlDec 17, 199732 y0
K••• K•••••••Barrington, IlJun 28, 201911 y1
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
  • K•••••••• B•••• S•••• · President & Chief Compliance Officercontrol
    since 11/2007 · owns 75% or more
  • K•••••••• L••••• P••• · Secretarycontrol
    since 04/1991 · 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
Barrington, Il · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • low discretionary shareStatic outlier · filing Apr 10, 2026
    discretionary share of RAUM of 0% against a peer median of 100% (5678 comparable advisers, 0.0th percentile, 33.7 robust deviations)
    peers: independent wealth managers, $100M to $500M (5,678) · 0.0% percentile
  • compensation changedChange between filings · filing Apr 10, 2026
    commissions (Item 5.E.5): no on the filing of 2012-02-08, yes on the filing of 2026-04-10
    peers: independent wealth managers, $100M to $500M (5,678)
  • business activity changedChange between filings · filing Apr 10, 2026
    portfolio management for pooled vehicles (Item 5.G.4): no on the filing of 2012-02-08, yes on the filing of 2026-04-10
    peers: independent wealth managers, $100M to $500M (5,678)
What changed
consecutive filings, newest first
  • Accounts · 277 to 396
    Feb 8, 2012 to Apr 10, 2026
  • Advisory employees · unset to 2.0
    Feb 8, 2012 to Apr 10, 2026
  • Advisory activities · 3 to 4
    Feb 8, 2012 to Apr 10, 2026
  • BD registered reps · unset to 2.0
    Feb 8, 2012 to Apr 10, 2026
  • Charity clients · unset to 0.0
    Feb 8, 2012 to Apr 10, 2026
  • Corporate clients · unset to 5.0
    Feb 8, 2012 to Apr 10, 2026
  • HNW clients · unset to 5.0
    Feb 8, 2012 to Apr 10, 2026
  • Individual clients · unset to 113.0
    Feb 8, 2012 to Apr 10, 2026
  • Pension plan clients · unset to 8.0
    Feb 8, 2012 to Apr 10, 2026
  • Pooled vehicle clients · unset to 0.0
    Feb 8, 2012 to Apr 10, 2026
  • Commission compensation · false to true
    Feb 8, 2012 to Apr 10, 2026
  • Employees · unset to 7.0
    Feb 8, 2012 to Apr 10, 2026
  • Financial planning clients · 101-250 to 101-250
    Feb 8, 2012 to Apr 10, 2026
  • State-registered IARs · 0 to 2
    Feb 8, 2012 to Apr 10, 2026
  • Other offices · unset to 0.0
    Feb 8, 2012 to Apr 10, 2026
  • HNW RAUM · unset to 25384098.0
    Feb 8, 2012 to Apr 10, 2026
  • Individual RAUM · unset to 84876887.0
    Feb 8, 2012 to Apr 10, 2026
  • Non-discretionary RAUM · $44.4M to $118M
    Feb 8, 2012 to Apr 10, 2026
  • Pension RAUM · unset to 6838589.0
    Feb 8, 2012 to Apr 10, 2026
  • RAUM · $44.4M to $118M
    Feb 8, 2012 to Apr 10, 2026
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.
How to reach
public business contact points only, each with its source
Business phone
847-381-1053reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
847-381-1491reportedpublished by the firm, firm site, Sep 16, 2026
Website
K•••••••INVEST.COMreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
847-381-1053reportedpublic record, Form ADV, Apr 10, 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
$58.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026