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SEC-registered adviser

B•••• • K••• A••••••••• I••

Independent wealth managerNewtown, PennsylvaniaCRD 107771SEC 801-55370websiteIAPD
Latest filing Apr 6, 2026
First filing on the tape Jan 25, 2012 · 25 filings
SEC status approved since Apr 14, 1998
RAUM
$492M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$492M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$98.3M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$492M as of Apr 6, 2026
Jan 25, 2012$147M then
HNW client RAUM$386M as of Apr 6, 2026
Mar 27, 2018$171M then
State-registered IARs (5.B.3)3 as of Apr 6, 2026
Jan 25, 20120 then
Employees (5.A)6 as of Apr 6, 2026
Jan 30, 20137 then
Private funds: no history
RAUM n/a over the last fiscal year+12% a year over three
Practice profile
derived from the filing of Apr 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
  • 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
$98.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
85derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
5.0derived1 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
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$386M79%
  • Individuals$106M21%
Individual clients
113reported
HNW clients
314reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
427reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 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
E•••• W••••• B••••Newtown, PaJan 19, 199545 y0
B•••• D•••• B••••Newtown, PaFeb 20, 199732 y0
A••••• W•••••• B••••Certified Financial PlannerNewtown, PaJan 6, 200030 y0
J•••• D••••• L•••••Certified Financial Planner, Chartered Financial ConsultantNewtown, PaJan 22, 200228 y0
I•• A•••••••• B••••Newtown, PaOct 5, 202313 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••• A•••••• W•••••• · Presidentcontrol
    since 12/2014 · owns less than 5%
  • B••••• B••••• D•••• · Executive Vice Presidentcontrol
    since 12/2014 · owns less than 5%
  • B••••• E••••• W••••• · Chairmancontrol
    since 10/1987 · owns 75% or more
  • L•••••• J••••• D••••• · Senior Vice President - Chief Compliance Officer
    since 06/2020 · 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
Newtown, Pa · principal500
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 331 to 427
    May 1, 2025 to Apr 6, 2026
  • HNW clients · 267 to 314
    May 1, 2025 to Apr 6, 2026
  • Individual clients · 64 to 113
    May 1, 2025 to Apr 6, 2026
  • Financial planning clients · 51-100 to 251-500
    May 1, 2025 to Apr 6, 2026
  • Discretionary RAUM · $425M to $492M
    May 1, 2025 to Apr 6, 2026
  • HNW RAUM · $332M to $386M
    May 1, 2025 to Apr 6, 2026
  • Individual RAUM · $93.5M to $106M
    May 1, 2025 to Apr 6, 2026
  • RAUM · $425M to $492M
    May 1, 2025 to Apr 6, 2026
  • Accounts · 342 to 331
    Apr 3, 2024 to May 1, 2025
  • HNW clients · 257 to 267
    Apr 3, 2024 to May 1, 2025
  • Individual clients · 83 to 64
    Apr 3, 2024 to May 1, 2025
  • Financial planning clients · 51-100 to 51-100
    Apr 3, 2024 to May 1, 2025
  • Discretionary RAUM · $398M to $425M
    Apr 3, 2024 to May 1, 2025
  • HNW RAUM · $343M to $332M
    Apr 3, 2024 to May 1, 2025
  • Individual RAUM · $55.2M to $93.5M
    Apr 3, 2024 to May 1, 2025
  • RAUM · $398M to $425M
    Apr 3, 2024 to May 1, 2025
  • Accounts · 392 to 342
    Apr 10, 2023 to Apr 3, 2024
  • Advisory activities · 3 to 2
    Apr 10, 2023 to Apr 3, 2024
  • BD registered reps · 3 to 0
    Apr 10, 2023 to Apr 3, 2024
  • HNW clients · 238 to 257
    Apr 10, 2023 to Apr 3, 2024
  • Individual clients · 55 to 83
    Apr 10, 2023 to Apr 3, 2024
  • Discretionary RAUM · $347M to $398M
    Apr 10, 2023 to Apr 3, 2024
  • HNW RAUM · $308M to $343M
    Apr 10, 2023 to Apr 3, 2024
  • Individual RAUM · $38.9M to $55.2M
    Apr 10, 2023 to Apr 3, 2024
  • Pension RAUM · 0.0 to unset
    Apr 10, 2023 to Apr 3, 2024
  • RAUM · $347M to $398M
    Apr 10, 2023 to Apr 3, 2024
  • Accounts · 424 to 392
    Apr 13, 2022 to Apr 10, 2023
  • Advisory employees · 4 to 3
    Apr 13, 2022 to Apr 10, 2023
  • BD registered reps · 5 to 3
    Apr 13, 2022 to Apr 10, 2023
  • HNW clients · 225 to 238
    Apr 13, 2022 to Apr 10, 2023
  • Individual clients · 62 to 55
    Apr 13, 2022 to Apr 10, 2023
  • Employees · 7 to 6
    Apr 13, 2022 to Apr 10, 2023
  • State-registered IARs · 5 to 3
    Apr 13, 2022 to Apr 10, 2023
  • Discretionary RAUM · $377M to $347M
    Apr 13, 2022 to Apr 10, 2023
  • HNW RAUM · $301M to $308M
    Apr 13, 2022 to Apr 10, 2023
  • Individual RAUM · $74.8M to $38.9M
    Apr 13, 2022 to Apr 10, 2023
  • RAUM · $377M to $347M
    Apr 13, 2022 to Apr 10, 2023
  • Accounts · 387 to 424
    Jul 16, 2021 to Apr 13, 2022
  • BD registered reps · 4 to 5
    Jul 16, 2021 to Apr 13, 2022
  • Individual clients · 162 to 62
    Jul 16, 2021 to Apr 13, 2022
Signals
1 dated events
  • Hearne Jerome Walther (Senior Vice President - Chief Compliance Officer 09/2017) no longer on Schedule A of B•••• • K••• A••••••••• I•• (listed 2019-08-21, absent 2020-07-06)
    Jul 6, 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 phone
215-493-8787reportedpublished by the firm, firm site, Sep 15, 2026
Website
B••••-K•••.COMreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
215-493-8787reportedpublic record, Form ADV, Apr 6, 2026
Team page
b•••••••••.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
$98.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026