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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Former SEC-registered adviser

K••• F•••••••• M••••••••• L••

Former SEC-registered adviserFullerton, CaliforniaCRD 112127SEC 801-66565IAPD
Latest filing Mar 27, 2024
First filing on the tape Mar 30, 2012 · 24 filings
RAUM
$230M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
94%
$217M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$230M as of Feb 27, 2024
Mar 30, 2012$95.0M then
HNW client RAUM$164M as of Feb 27, 2024
Mar 29, 2018$101M then
State-registered IARs (5.B.3)3 as of Feb 27, 2024
Mar 30, 20120 then
Employees (5.A)3 as of Feb 27, 2024
Mar 28, 20131 then
Private funds: no history
RAUM +14% over the last fiscal year+8.9% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 27, 2024; every figure names its basis
RAUM per advisor
$76.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
92derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$426,652derivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
5.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.4%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$38.7M, 61 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$164M71%
  • Individuals$53.5M23%
  • Pension and profit-sharing plans$11.1M4.8%
  • Charitable organizations$1.4M0.6%
  • Corporations and businesses$251,8530.1%
Individual clients
156reported
HNW clients
120reported
Pension plan clients
7reported
Charitable clients
5reported
Accounts
539reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$38.7M for 61 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • K•••• D••••• C• · Membercontrol
    since 04/2001 · owns 50% to 75%
  • K•••• R•••••• J•••• · Member, President, Chief Compliance Officercontrol
    since 04/2001 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Fullerton, Ca · principal000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 509 to 539
    Feb 15, 2024 to Feb 27, 2024
  • Corporate clients · unset to 1.0
    Feb 15, 2024 to Feb 27, 2024
  • HNW clients · 122 to 120
    Feb 15, 2024 to Feb 27, 2024
  • Individual clients · 145 to 156
    Feb 15, 2024 to Feb 27, 2024
  • Assets in custody · $40.4M to $38.7M
    Feb 15, 2024 to Feb 27, 2024
  • Financial planning clients · unset to 0
    Feb 15, 2024 to Feb 27, 2024
  • HNW RAUM · $152M to $164M
    Feb 15, 2024 to Feb 27, 2024
  • Individual RAUM · $40.5M to $53.5M
    Feb 15, 2024 to Feb 27, 2024
  • Non-discretionary RAUM · $202M to $230M
    Feb 15, 2024 to Feb 27, 2024
  • Pension RAUM · $8.9M to $11.1M
    Feb 15, 2024 to Feb 27, 2024
  • RAUM · $202M to $230M
    Feb 15, 2024 to Feb 27, 2024
  • Accounts · 470 to 509
    Mar 30, 2022 to Mar 28, 2023
  • HNW clients · 113 to 122
    Mar 30, 2022 to Mar 28, 2023
  • Individual clients · 131 to 145
    Mar 30, 2022 to Mar 28, 2023
  • Pension plan clients · 5 to 7
    Mar 30, 2022 to Mar 28, 2023
  • Assets in custody · $42.3M to $40.4M
    Mar 30, 2022 to Mar 28, 2023
  • HNW RAUM · $170M to $152M
    Mar 30, 2022 to Mar 28, 2023
  • Individual RAUM · $42.1M to $40.5M
    Mar 30, 2022 to Mar 28, 2023
  • Non-discretionary RAUM · $222M to $202M
    Mar 30, 2022 to Mar 28, 2023
  • Pension RAUM · $8.4M to $8.9M
    Mar 30, 2022 to Mar 28, 2023
  • RAUM · $222M to $202M
    Mar 30, 2022 to Mar 28, 2023
  • Accounts · 432 to 470
    Mar 31, 2021 to Mar 30, 2022
  • Advisory employees · 4 to 3
    Mar 31, 2021 to Mar 30, 2022
  • Charity clients · 2 to 5
    Mar 31, 2021 to Mar 30, 2022
  • HNW clients · 91 to 113
    Mar 31, 2021 to Mar 30, 2022
  • Individual clients · 153 to 131
    Mar 31, 2021 to Mar 30, 2022
  • Pension plan clients · 4 to 5
    Mar 31, 2021 to Mar 30, 2022
  • Assets in custody · $42.0M to $42.3M
    Mar 31, 2021 to Mar 30, 2022
  • Employees · 4 to 3
    Mar 31, 2021 to Mar 30, 2022
  • State-registered IARs · 4 to 3
    Mar 31, 2021 to Mar 30, 2022
  • HNW RAUM · $125M to $170M
    Mar 31, 2021 to Mar 30, 2022
  • Individual RAUM · $46.3M to $42.1M
    Mar 31, 2021 to Mar 30, 2022
  • Non-discretionary RAUM · $178M to $222M
    Mar 31, 2021 to Mar 30, 2022
  • Pension RAUM · $6.5M to $8.4M
    Mar 31, 2021 to Mar 30, 2022
  • RAUM · $178M to $222M
    Mar 31, 2021 to Mar 30, 2022
  • Accounts · 421 to 432
    Jun 5, 2020 to Mar 31, 2021
  • HNW clients · 94 to 91
    Jun 5, 2020 to Mar 31, 2021
  • Individual clients · 127 to 153
    Jun 5, 2020 to Mar 31, 2021
  • Assets in custody · $39.3M to $42.0M
    Jun 5, 2020 to Mar 31, 2021
  • HNW RAUM · $117M to $125M
    Jun 5, 2020 to Mar 31, 2021
Signals
6 dated events
  • W•••• A•••••••• K••••••••• left K••• F•••••••• M••••••••• L•• for S••••• W••••• M••••••••• (registered 2024-10-01)
    Oct 4, 2024 · Advisor changed firm · fact
  • R••••• J•••• K••• left K••• F•••••••• M••••••••• L•• for S••••• S••••••••• C••••••••• (registered 1998-11-30)
    Oct 4, 2024 · Advisor changed firm · fact
  • M•••••• L••• C••••• left K••• F•••••••• M••••••••• L•• for S••••• W••••• M••••••••• (registered 2024-10-01)
    Oct 4, 2024 · Advisor changed firm · fact
  • L••••• L•••• Z••••• left K••• F•••••••• M••••••••• L•• for S••••• W••••• M••••••••• (registered 2024-10-02)
    Oct 4, 2024 · Advisor changed firm · fact
  • K••• F•••••••• M••••••••• L••'s advisors moved to S••••• W••••• M••••••••• (Fullerton, CA): 3 of 4 registered, on the same day
    Oct 4, 2024 · Firm absorbed (people side) · derived
  • C D•••• K••• (Member) appeared on Schedule A of K••• F•••••••• M••••••••• L••
    May 28, 2020 · 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.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026