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.

SEC-registered adviser

M. Kraus & Company

Independent wealth managerShelburne, VermontCRD 106749SEC 801-52060websiteIAPD
Latest filing Aug 3, 2026
First filing on the tape Mar 16, 2012 · 34 filings
SEC status approved since May 29, 1996
RAUM
$559M
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
97%
$542M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$112M
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$559M as of Aug 3, 2026
Mar 16, 2012$162M then
HNW client RAUM$518M as of Aug 3, 2026
Mar 5, 2018$259M then
State-registered IARs (5.B.3)5 as of Aug 3, 2026
Mar 16, 20120 then
Employees (5.A)5 as of Aug 3, 2026
Mar 13, 20134 then
Private funds: no history
RAUM +6.8% over the last fiscal year+7.7% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Aug 3, 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
$112MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
44derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.0MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
3.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+6.8%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$518M93%
  • Individuals$24.1M4.3%
  • Charitable organizations$16.6M3.0%
  • Corporations and businesses$203,1690.0%
Individual clients
88reported
HNW clients
131reported
Pension plan clients
n/areported
Charitable clients
5reported
Accounts
483reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Aileen Jane KrausChartered Financial AnalystShelburne, VtJun 18, 199642 y0
Denise Marie DaltonShelburne, VtMar 27, 200130 y0
Christopher Michael CapanoShelburne, VtApr 26, 200522 y0
Travis Benjamin UngerShelburne, VtJul 19, 201914 y0
Katherine Helene StillShelburne, VtAug 29, 202511 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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Michael Christopher Capano · Executive Vice Presidentcontrol
    since 11/2014 · owns less than 5%
  • Marie Denise Dalton · Senior Vice President / Chief Compliance Officercontrol
    since 01/2018 · owns less than 5%
  • Jane Aileen Kraus · Presidentcontrol
    since 05/1996 · 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
Shelburne, Vt · principal500
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 486 to 483
    Apr 24, 2025 to Mar 3, 2026
  • Advisory employees · 4 to 5
    Apr 24, 2025 to Mar 3, 2026
  • HNW clients · 125 to 131
    Apr 24, 2025 to Mar 3, 2026
  • Individual clients · 92 to 88
    Apr 24, 2025 to Mar 3, 2026
  • State-registered IARs · 4 to 5
    Apr 24, 2025 to Mar 3, 2026
  • Discretionary RAUM · $483M to $518M
    Apr 24, 2025 to Mar 3, 2026
  • HNW RAUM · $474M to $518M
    Apr 24, 2025 to Mar 3, 2026
  • Individual RAUM · $33.7M to $24.1M
    Apr 24, 2025 to Mar 3, 2026
  • Non-discretionary RAUM · $40.8M to $41.4M
    Apr 24, 2025 to Mar 3, 2026
  • RAUM · $524M to $559M
    Apr 24, 2025 to Mar 3, 2026
  • Financial planning clients · unset to
    Feb 21, 2025 to Apr 24, 2025
  • Accounts · 468 to 486
    Jan 3, 2025 to Feb 21, 2025
  • Charity clients · 6 to 5
    Jan 3, 2025 to Feb 21, 2025
  • HNW clients · 123 to 125
    Jan 3, 2025 to Feb 21, 2025
  • Individual clients · 87 to 92
    Jan 3, 2025 to Feb 21, 2025
  • Pension plan clients · 1.0 to unset
    Jan 3, 2025 to Feb 21, 2025
  • Discretionary RAUM · $459M to $483M
    Jan 3, 2025 to Feb 21, 2025
  • HNW RAUM · $444M to $474M
    Jan 3, 2025 to Feb 21, 2025
  • Individual RAUM · $30.9M to $33.7M
    Jan 3, 2025 to Feb 21, 2025
  • Non-discretionary RAUM · $34.7M to $40.8M
    Jan 3, 2025 to Feb 21, 2025
  • Pension RAUM · 4487351.0 to unset
    Jan 3, 2025 to Feb 21, 2025
  • RAUM · $494M to $524M
    Jan 3, 2025 to Feb 21, 2025
  • Accounts · 440 to 468
    Feb 2, 2023 to Jan 31, 2024
  • Charity clients · 5 to 6
    Feb 2, 2023 to Jan 31, 2024
  • Corporate clients · 2 to 4
    Feb 2, 2023 to Jan 31, 2024
  • HNW clients · 119 to 123
    Feb 2, 2023 to Jan 31, 2024
  • Individual clients · 84 to 87
    Feb 2, 2023 to Jan 31, 2024
  • Financial planning clients · 0 to unset
    Feb 2, 2023 to Jan 31, 2024
  • Discretionary RAUM · $413M to $459M
    Feb 2, 2023 to Jan 31, 2024
  • HNW RAUM · $403M to $444M
    Feb 2, 2023 to Jan 31, 2024
  • Individual RAUM · $27.3M to $30.9M
    Feb 2, 2023 to Jan 31, 2024
  • Non-discretionary RAUM · $35.3M to $34.7M
    Feb 2, 2023 to Jan 31, 2024
  • Pension RAUM · $4.2M to $4.5M
    Feb 2, 2023 to Jan 31, 2024
  • RAUM · $448M to $494M
    Feb 2, 2023 to Jan 31, 2024
  • Accounts · 426 to 440
    Oct 25, 2022 to Feb 2, 2023
  • HNW clients · 116 to 119
    Oct 25, 2022 to Feb 2, 2023
  • Individual clients · 86 to 84
    Oct 25, 2022 to Feb 2, 2023
  • Employees · 4 to 5
    Oct 25, 2022 to Feb 2, 2023
  • Discretionary RAUM · $449M to $413M
    Oct 25, 2022 to Feb 2, 2023
  • HNW RAUM · $442M to $403M
    Oct 25, 2022 to Feb 2, 2023
Signals
1 dated events
  • Rebecca White Fetterman left M. Kraus & Company for Berger Financial Group (registered 2022-02-11)
    Jan 21, 2022 · Advisor changed firm · 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 email
info@mkrausco.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
802-985-2620reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
802-985-8252reportedpublished by the firm, firm site, Sep 16, 2026
Website
MKRAUSCO.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
802-985-2620reportedpublic record, Form ADV, Aug 3, 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
$112Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026