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

Klcm Advisors, Inc.

Independent wealth managerMilwaukee, WisconsinCRD 107847SEC 801-43503websiteIAPD
Latest filing Mar 10, 2026
First filing on the tape Mar 26, 2012 · 30 filings
SEC status approved since Mar 11, 1993
RAUM
$1.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$1.8B individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$375M
derived; firm RAUM over IAPD count
Employees
11
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$1.9B as of Mar 10, 2026
Mar 26, 2012$429M then
HNW client RAUM$1.7B as of Mar 10, 2026
Mar 13, 2018$319M then
State-registered IARs (5.B.3)2 as of Mar 10, 2026
Mar 25, 20132 then
Employees (5.A)11 as of Mar 10, 2026
Mar 25, 20136 then
Private funds: no history
RAUM +28% over the last fiscal year+24% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 10, 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
$375MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
125derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.2MderivedHNW RAUM over HNW clients
Average account
$2.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.2derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.2%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.7B89%
  • Individuals$121M6.5%
  • Corporations and businesses$74.3M4.0%
  • Pension and profit-sharing plans$2.6M0.1%
  • Charitable organizations$938,3420.1%
Individual clients
228reported
HNW clients
397reported
Pension plan clients
2reported
Charitable clients
1reported
Accounts
637reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.95 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
James Brian KitzingerMilwaukee, WiMar 22, 199336 y0
Carl Joseph FudaMilwaukee, WiApr 21, 199928 y0
Neal Patrick ColemanMilwaukee, WiMar 9, 202213 y0
Katherine Rose Licau GiffordChartered Financial AnalystMilwaukee, WiSep 12, 202322 y0
Mark Anthony SailerChartered Financial AnalystMilwaukee, WiNov 17, 202324 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
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Joseph Carl Fuda · Vice Presidentcontrol
      since 08/2016 · owns 5% to 10%
    • James Jack Kitzinger · Partnercontrol
      since 01/2025 · owns 25% to 50%
    • Brian James Kitzinger · Presidentcontrol
      since 04/1993 · owns 25% to 50%
    • Rose Katherine Licau Gifford · Partnercontrol
      since 07/2014 · owns 10% to 25%
    • Anthony Mark Sailer · Chief Compliance Officercontrol
      since 03/2018 · owns 10% to 25%
    • Patrick Neal Coleman · Partner
      since 01/2025 · 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
    Milwaukee, Wi · principal500
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Mar 10, 2026
      KITZINGER, JACK, JAMES (PARTNER) appeared on Schedule A between the filings of 2022-03-16 and 2026-03-10
      peers: independent wealth managers, $1B to $5B (1,360)
    What changed
    consecutive filings, newest first
    • Accounts · 623 to 637
      Mar 13, 2025 to Mar 10, 2026
    • Advisory employees · 6 to 5
      Mar 13, 2025 to Mar 10, 2026
    • Charity clients · 16 to 1
      Mar 13, 2025 to Mar 10, 2026
    • Corporate clients · 5 to 7
      Mar 13, 2025 to Mar 10, 2026
    • HNW clients · 346 to 397
      Mar 13, 2025 to Mar 10, 2026
    • Individual clients · 254 to 228
      Mar 13, 2025 to Mar 10, 2026
    • Employees · 12 to 11
      Mar 13, 2025 to Mar 10, 2026
    • Discretionary RAUM · $1.5B to $1.9B
      Mar 13, 2025 to Mar 10, 2026
    • HNW RAUM · $1.3B to $1.7B
      Mar 13, 2025 to Mar 10, 2026
    • Individual RAUM · $136M to $121M
      Mar 13, 2025 to Mar 10, 2026
    • Pension RAUM · $3.2M to $2.6M
      Mar 13, 2025 to Mar 10, 2026
    • RAUM · $1.5B to $1.9B
      Mar 13, 2025 to Mar 10, 2026
    • Accounts · 605 to 623
      Mar 15, 2024 to Mar 13, 2025
    • Advisory employees · 5 to 6
      Mar 15, 2024 to Mar 13, 2025
    • Advisory activities · 3 to 2
      Mar 15, 2024 to Mar 13, 2025
    • Charity clients · 13 to 16
      Mar 15, 2024 to Mar 13, 2025
    • HNW clients · 321 to 346
      Mar 15, 2024 to Mar 13, 2025
    • Individual clients · 264 to 254
      Mar 15, 2024 to Mar 13, 2025
    • Pension plan clients · 1 to 2
      Mar 15, 2024 to Mar 13, 2025
    • Employees · 11 to 12
      Mar 15, 2024 to Mar 13, 2025
    • Financial planning clients · 1-10 to 0
      Mar 15, 2024 to Mar 13, 2025
    • Discretionary RAUM · $1.2B to $1.5B
      Mar 15, 2024 to Mar 13, 2025
    • HNW RAUM · $1.1B to $1.3B
      Mar 15, 2024 to Mar 13, 2025
    • Individual RAUM · $138M to $136M
      Mar 15, 2024 to Mar 13, 2025
    • Pension RAUM · $241,485 to $3.2M
      Mar 15, 2024 to Mar 13, 2025
    • Pooled vehicle RAUM · unset to 0.0
      Mar 15, 2024 to Mar 13, 2025
    • RAUM · $1.2B to $1.5B
      Mar 15, 2024 to Mar 13, 2025
    • Accounts · 534 to 605
      Mar 23, 2023 to Mar 15, 2024
    • Charity clients · 12 to 13
      Mar 23, 2023 to Mar 15, 2024
    • Corporate clients · 4 to 5
      Mar 23, 2023 to Mar 15, 2024
    • HNW clients · 322 to 321
      Mar 23, 2023 to Mar 15, 2024
    • Individual clients · 192 to 264
      Mar 23, 2023 to Mar 15, 2024
    • Discretionary RAUM · $974M to $1.2B
      Mar 23, 2023 to Mar 15, 2024
    • HNW RAUM · $864M to $1.1B
      Mar 23, 2023 to Mar 15, 2024
    • Individual RAUM · $76.5M to $138M
      Mar 23, 2023 to Mar 15, 2024
    • Pension RAUM · $1.6M to $241,485
      Mar 23, 2023 to Mar 15, 2024
    • RAUM · $974M to $1.2B
      Mar 23, 2023 to Mar 15, 2024
    • Accounts · 459 to 534
      Apr 4, 2022 to Mar 23, 2023
    • Advisory employees · 4 to 5
      Apr 4, 2022 to Mar 23, 2023
    • Charity clients · 9 to 12
      Apr 4, 2022 to Mar 23, 2023
    Signals
    2 dated events
    • Klcm Advisors, Inc. reported RAUM $1.9B, up 28% from $1.5B (2025-03-13 to 2026-03-10)
      Mar 10, 2026 · RAUM change · derived
    • Klcm Advisors, Inc. reported RAUM $1.2B, up 28% from $974.0M (2023-03-23 to 2024-03-15)
      Mar 15, 2024 · RAUM change · derived
    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
    tcamp@klcminc.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    414-765-1234reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/klcm-advisors-increportedpublic record, Form ADV, Sep 17, 2026
    Website
    KLCMINC.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    414-765-1234reportedpublic record, Form ADV, Mar 10, 2026
    Contact form
    KLCMINC.COM/contact-usreportedpublished 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
    $375Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026