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

L• K• B••••• • C••••••• P•••

Independent wealth managerTimonium, MarylandCRD 107908SEC 801-48099websiteIAPD
Latest filing Jul 30, 2026
First filing on the tape Mar 27, 2012 · 25 filings
SEC status approved since Dec 23, 1994
RAUM
$446M
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
100%
$446M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$223M
derived; firm RAUM over IAPD count
Employees
9
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$446M as of Jul 30, 2026
Mar 27, 2012$174M then
HNW client RAUM$430M as of Jul 30, 2026
Mar 27, 2018$264M then
State-registered IARs (5.B.3)2 as of Jul 30, 2026
Mar 27, 20120 then
Employees (5.A)9 as of Jul 30, 2026
Mar 22, 20134 then
Private funds: no history
RAUM +21% over the last fiscal year+20% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Jul 30, 2026; every figure names its basis
RAUM per advisor
$223MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
52derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.7MderivedHNW RAUM over HNW clients
Average account
$955,529derivedRAUM over accounts (5.F.2.f)
Discretionary
90%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.5derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$19.8M, 14 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$430M96%
  • Individuals$15.9M3.6%
Individual clients
28reported
HNW clients
75reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
467reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$19.8M for 14 clientsreported
Compensation
fixed, hourlyreported
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
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L••• K•••• B•••••Certified Financial Planner, Personal Financial SpecialistTimonium, MdJan 14, 201331 y0
C••••••••• D•••• B•••••Personal Financial SpecialistTimonium, Md Jun 18, 201317 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
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•••••• C••••••••• D•••• · Principal And Chief Compliance Officercontrol
        since 12/2019 · owns 10% to 25%
      • B•••••• L•••• K•••• · Presidentcontrol
        since 11/1994 · owns 75% or more
      Related persons
      Schedule D 7.A
      • C••••••••• D• B•••••
        insurancen
      • L••• K• B•••••• J••
        insurancey
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Timonium, Md · principal200
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 428 to 467
        Aug 15, 2025 to Mar 19, 2026
      • HNW clients · 67 to 75
        Aug 15, 2025 to Mar 19, 2026
      • Individual clients · 26 to 28
        Aug 15, 2025 to Mar 19, 2026
      • Assets in custody · $17.7M to $19.8M
        Aug 15, 2025 to Mar 19, 2026
      • Discretionary RAUM · $322M to $400M
        Aug 15, 2025 to Mar 19, 2026
      • HNW RAUM · $355M to $430M
        Aug 15, 2025 to Mar 19, 2026
      • Individual RAUM · $14.3M to $15.9M
        Aug 15, 2025 to Mar 19, 2026
      • Non-discretionary RAUM · $47.0M to $46.0M
        Aug 15, 2025 to Mar 19, 2026
      • RAUM · $369M to $446M
        Aug 15, 2025 to Mar 19, 2026
      • HQ city · TOWSON to TIMONIUM
        Mar 21, 2025 to Aug 15, 2025
      • Accounts · 88 to 428
        Mar 14, 2024 to Mar 21, 2025
      • HNW clients · 62 to 67
        Mar 14, 2024 to Mar 21, 2025
      • Assets in custody · $14.3M to $17.7M
        Mar 14, 2024 to Mar 21, 2025
      • Financial planning clients · 26-50 to 26-50
        Mar 14, 2024 to Mar 21, 2025
      • Discretionary RAUM · $243M to $322M
        Mar 14, 2024 to Mar 21, 2025
      • HNW RAUM · $265M to $355M
        Mar 14, 2024 to Mar 21, 2025
      • Individual RAUM · $12.5M to $14.3M
        Mar 14, 2024 to Mar 21, 2025
      • Non-discretionary RAUM · $33.7M to $47.0M
        Mar 14, 2024 to Mar 21, 2025
      • RAUM · $277M to $369M
        Mar 14, 2024 to Mar 21, 2025
      • Accounts · 84 to 88
        Sep 28, 2023 to Mar 14, 2024
      • HNW clients · 57 to 62
        Sep 28, 2023 to Mar 14, 2024
      • Individual clients · 27 to 26
        Sep 28, 2023 to Mar 14, 2024
      • Assets in custody · $10.7M to $14.3M
        Sep 28, 2023 to Mar 14, 2024
      • Discretionary RAUM · $229M to $243M
        Sep 28, 2023 to Mar 14, 2024
      • HNW RAUM · $244M to $265M
        Sep 28, 2023 to Mar 14, 2024
      • Individual RAUM · $13.8M to $12.5M
        Sep 28, 2023 to Mar 14, 2024
      • Non-discretionary RAUM · $29.3M to $33.7M
        Sep 28, 2023 to Mar 14, 2024
      • RAUM · $258M to $277M
        Sep 28, 2023 to Mar 14, 2024
      • Other offices · 0 to 1
        Mar 29, 2023 to Sep 28, 2023
      • Accounts · 81 to 84
        Mar 28, 2022 to Mar 28, 2023
      • HNW clients · 54 to 57
        Mar 28, 2022 to Mar 28, 2023
      • Assets in custody · $6.1M to $10.7M
        Mar 28, 2022 to Mar 28, 2023
      • Discretionary RAUM · $231M to $229M
        Mar 28, 2022 to Mar 28, 2023
      • HNW RAUM · $225M to $244M
        Mar 28, 2022 to Mar 28, 2023
      • Individual RAUM · $11.4M to $13.8M
        Mar 28, 2022 to Mar 28, 2023
      • Non-discretionary RAUM · $6.0M to $29.3M
        Mar 28, 2022 to Mar 28, 2023
      • RAUM · $237M to $258M
        Mar 28, 2022 to Mar 28, 2023
      • Accounts · 80 to 81
        Mar 30, 2021 to Mar 28, 2022
      • Business name · B••••• L• K• • C• P• C• to L• K• B••••• • C••••••• P•••
        Mar 30, 2021 to Mar 28, 2022
      • HNW clients · 56 to 54
        Mar 30, 2021 to Mar 28, 2022
      Signals
      2 dated events
      • L• K• B••••• • C••••••• P••• reported RAUM $164.4M, down 49% from $320.5M (2019-07-11 to 2020-03-29)
        Mar 29, 2020 · RAUM change · derived
      • David Christopher Benson (Principal And Shareholder) appeared on Schedule A of L• K• B••••• • C••••••• P•••
        Mar 29, 2019 · Control person joined · 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 phone
      410-494-6680reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      l•••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      (410) 494-6680reportedpublic record, Form ADV, Jul 30, 2026
      Contact form
      l•••••••.comreportedpublished by the firm, firm site, Sep 16, 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
      $223Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026