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

K••••• F•••••••• A•••••••• L••

Independent wealth managerCRD 115418SEC 801-123750websiteIAPD
Latest filing Mar 6, 2026
First filing on the tape Mar 26, 2012 · 15 filings
SEC status approved since Apr 19, 2022
RAUM
$128M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$118M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$128M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$128M as of Mar 6, 2026
Mar 26, 2012$57.7M then
HNW client RAUM$117M as of Mar 6, 2026
Mar 25, 2022$99.6M then
State-registered IARs (5.B.3)1 as of Mar 6, 2026
Mar 25, 20221 then
Employees (5.A)1 as of Mar 6, 2026
Mar 25, 20221 then
Private funds: no history
RAUM +5.0% over the last fiscal year+8.8% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 6, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$128MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.3MderivedHNW RAUM over HNW clients
Average account
$4.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
8.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+5.0%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisersreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$117M91%
  • Charitable organizations$10.7M8.3%
  • Individuals$958,3140.7%
Individual clients
n/areported
HNW clients
22reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
27reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K•••• K••••• S••••••Dallas, TxMar 26, 201832 y1
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
      • S••••••• K••••• K••••• · Managing Member, Chief Compliance Officercontrol
        since 12/2005 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 24 to 27
        Mar 20, 2025 to Mar 6, 2026
      • HNW clients · 21 to 22
        Mar 20, 2025 to Mar 6, 2026
      • Discretionary RAUM · $122M to $128M
        Mar 20, 2025 to Mar 6, 2026
      • HNW RAUM · $112M to $117M
        Mar 20, 2025 to Mar 6, 2026
      • Individual RAUM · $85,428 to $958,314
        Mar 20, 2025 to Mar 6, 2026
      • RAUM · $122M to $128M
        Mar 20, 2025 to Mar 6, 2026
      • Charity clients · 1.0 to unset
        Mar 13, 2024 to Mar 20, 2025
      • Individual clients · 2.0 to unset
        Mar 13, 2024 to Mar 20, 2025
      • Financial planning clients · 0 to 0
        Mar 13, 2024 to Mar 20, 2025
      • HQ city · unset to
        Mar 13, 2024 to Mar 20, 2025
      • HQ state · unset to
        Mar 13, 2024 to Mar 20, 2025
      • Discretionary RAUM · $110M to $122M
        Mar 13, 2024 to Mar 20, 2025
      • HNW RAUM · $98.8M to $112M
        Mar 13, 2024 to Mar 20, 2025
      • Individual RAUM · $686,137 to $85,428
        Mar 13, 2024 to Mar 20, 2025
      • RAUM · $110M to $122M
        Mar 13, 2024 to Mar 20, 2025
      • Accounts · 22 to 24
        Mar 28, 2023 to Mar 13, 2024
      • HNW clients · 15 to 21
        Mar 28, 2023 to Mar 13, 2024
      • Discretionary RAUM · $99.7M to $110M
        Mar 28, 2023 to Mar 13, 2024
      • HNW RAUM · $89.7M to $98.8M
        Mar 28, 2023 to Mar 13, 2024
      • Individual RAUM · $323,400 to $686,137
        Mar 28, 2023 to Mar 13, 2024
      • RAUM · $99.7M to $110M
        Mar 28, 2023 to Mar 13, 2024
      • Accounts · 26 to 22
        Mar 25, 2022 to Mar 28, 2023
      • HNW clients · 22 to 15
        Mar 25, 2022 to Mar 28, 2023
      • Individual clients · 3 to 2
        Mar 25, 2022 to Mar 28, 2023
      • Discretionary RAUM · $111M to $99.7M
        Mar 25, 2022 to Mar 28, 2023
      • HNW RAUM · $99.6M to $89.7M
        Mar 25, 2022 to Mar 28, 2023
      • Individual RAUM · $373,404 to $323,400
        Mar 25, 2022 to Mar 28, 2023
      • RAUM · $111M to $99.7M
        Mar 25, 2022 to Mar 28, 2023
      • Related adviser · true to false
        Mar 25, 2022 to Mar 28, 2023
      • Advisory activities · 3 to 2
        Mar 18, 2022 to Mar 25, 2022
      • Accounts · 62 to 26
        Oct 12, 2012 to Mar 18, 2022
      • Advisory employees · unset to 1.0
        Oct 12, 2012 to Mar 18, 2022
      • Charity clients · unset to 1.0
        Oct 12, 2012 to Mar 18, 2022
      • HNW clients · unset to 22.0
        Oct 12, 2012 to Mar 18, 2022
      • Individual clients · unset to 3.0
        Oct 12, 2012 to Mar 18, 2022
      • Employees · unset to 1.0
        Oct 12, 2012 to Mar 18, 2022
      • State-registered IARs · unset to 1.0
        Oct 12, 2012 to Mar 18, 2022
      • Other offices · unset to 0.0
        Oct 12, 2012 to Mar 18, 2022
      • Discretionary RAUM · $58.6M to $111M
        Oct 12, 2012 to Mar 18, 2022
      • HNW RAUM · unset to 99553590.0
        Oct 12, 2012 to Mar 18, 2022
      Signals
      1 dated events
      • K••••• F•••••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
        Mar 18, 2022 · First SEC registration · 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
      Website
      K•••••FINANCIAL.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      214-891-0399reportedpublic record, Form ADV, Mar 6, 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
      $128Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026