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

Keb Wealth Advisors

Independent wealth managerSpringfield, IllinoisCRD 117935SEC 801-62965websiteIAPD
Legal name Keb Asset Management, LLC
Latest filing Jan 29, 2026
First filing on the tape Mar 5, 2012 · 33 filings
SEC status approved since Apr 7, 2004
RAUM
$1.3B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
98%
$1.2B individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$91.0M
derived; firm RAUM over IAPD count
Employees
17
13 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$1.3B as of Jan 29, 2026
Mar 5, 2012$213M then
HNW client RAUM$1.2B as of Jan 29, 2026
Mar 16, 2018$403M then
State-registered IARs (5.B.3)13 as of Jan 29, 2026
Mar 5, 20120 then
Employees (5.A)17 as of Jan 29, 2026
Mar 8, 20138 then
Private funds: no history
RAUM +20% over the last fiscal year+17% a year over threeIARs 13 to 13
Practice profile
derived from the filing of Jan 29, 2026; every figure names its basis
RAUM per advisor
$91.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
47derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.3MderivedHNW RAUM over HNW clients
Average account
$535,275derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
7.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.2%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Custody
$275M, 235 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$1.2B90%
  • Individuals$93.3M7.3%
  • Corporations and businesses$23.2M1.8%
  • Pension and profit-sharing plans$7.1M0.6%
  • Charitable organizations$772,9590.1%
Individual clients
318reported
HNW clients
344reported
Pension plan clients
21reported
Charitable clients
2reported
Accounts
2,381reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$275M for 235 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
14 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Jonathan Marc CarterPersonal Financial SpecialistSpringfield, IlJul 12, 199943 y0
Susan Lynn ShackelfordSpringfield, Il Jan 19, 201144 y3
Steven Matthew DumstorffPersonal Financial SpecialistSt. Louis, Mo Feb 19, 201326 y1
Gina Maria ReevesPersonal Financial SpecialistSt. Louis, Mo Feb 19, 201323 y1
Justin Paul MasonCertified Financial PlannerSpringfield, IlMar 18, 201314 y1
Nathan Robert TownsendSpringfield, IlFeb 14, 201710 y0
Robert Shawn BarraleCertified Financial PlannerSt. Louis, MoSep 29, 201732 y0
Ross Alan HagerCertified Financial PlannerSpringfield, IlMay 8, 201914 y1
Caden Wayne HeyenSpringfield, IlNov 10, 202212 y0
Brook Alexandra SoebbingSpringfield, IlDec 6, 202310 y0
Jared Michael Van SlykeSpringfield, IlJun 20, 202414 y1
Christopher Joseph BraunerSpringfield, IlAug 23, 202417 y3
Riley Christopher BealSpringfield, IlOct 6, 202510 y0
Sean Benjamin McnuttFenton, Mo Aug 24, 202610 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Marc Jonathan Carter · Membercontrol
    since 01/1999 · owns 5% to 10%
  • Matthew Steven Dumstorff · Membercontrol
    since 01/2013 · owns 5% to 10%
  • Paul Justin Mason · Managing Member / Chief Compliance Officercontrol
    since 05/2021 · owns 5% to 10%
Related persons
Schedule D 7.A
  • Kerber, Eck & Braeckel Llp
    insurancey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Springfield, Il · principal1320
St Louis, Mo400
Offices
Schedule D 1.F, the 25 largest
  • St. Louis, MO4 employees
What changed
consecutive filings, newest first
  • Accounts · 2,168 to 2,381
    Sep 17, 2025 to Jan 29, 2026
  • Corporate clients · 9 to 11
    Sep 17, 2025 to Jan 29, 2026
  • HNW clients · 288 to 344
    Sep 17, 2025 to Jan 29, 2026
  • Pension plan clients · 24 to 21
    Sep 17, 2025 to Jan 29, 2026
  • Assets in custody · $248M to $275M
    Sep 17, 2025 to Jan 29, 2026
  • Discretionary RAUM · $992M to $1.2B
    Sep 17, 2025 to Jan 29, 2026
  • HNW RAUM · $905M to $1.2B
    Sep 17, 2025 to Jan 29, 2026
  • Individual RAUM · $121M to $93.3M
    Sep 17, 2025 to Jan 29, 2026
  • Non-discretionary RAUM · $66.4M to $74.6M
    Sep 17, 2025 to Jan 29, 2026
  • Pension RAUM · $12.2M to $7.1M
    Sep 17, 2025 to Jan 29, 2026
  • RAUM · $1.1B to $1.3B
    Sep 17, 2025 to Jan 29, 2026
  • Accounts · 1,967 to 2,168
    Mar 1, 2024 to Jan 30, 2025
  • Advisory employees · 11 to 13
    Mar 1, 2024 to Jan 30, 2025
  • Charity clients · 1 to 2
    Mar 1, 2024 to Jan 30, 2025
  • Corporate clients · 7 to 9
    Mar 1, 2024 to Jan 30, 2025
  • HNW clients · 274 to 288
    Mar 1, 2024 to Jan 30, 2025
  • Individual clients · 290 to 318
    Mar 1, 2024 to Jan 30, 2025
  • Pension plan clients · 27 to 24
    Mar 1, 2024 to Jan 30, 2025
  • Assets in custody · $95.2M to $248M
    Mar 1, 2024 to Jan 30, 2025
  • Employees · 15 to 17
    Mar 1, 2024 to Jan 30, 2025
  • Financial planning clients · 0 to 1-10
    Mar 1, 2024 to Jan 30, 2025
  • State-registered IARs · 11 to 13
    Mar 1, 2024 to Jan 30, 2025
  • Discretionary RAUM · $866M to $992M
    Mar 1, 2024 to Jan 30, 2025
  • HNW RAUM · $818M to $905M
    Mar 1, 2024 to Jan 30, 2025
  • Individual RAUM · $88.7M to $121M
    Mar 1, 2024 to Jan 30, 2025
  • Non-discretionary RAUM · $67.9M to $66.4M
    Mar 1, 2024 to Jan 30, 2025
  • Pension RAUM · $9.9M to $12.2M
    Mar 1, 2024 to Jan 30, 2025
  • RAUM · $933M to $1.1B
    Mar 1, 2024 to Jan 30, 2025
  • Accounts · 1,786 to 1,967
    Aug 23, 2023 to Mar 1, 2024
  • Corporate clients · 5 to 7
    Aug 23, 2023 to Mar 1, 2024
  • HNW clients · 263 to 274
    Aug 23, 2023 to Mar 1, 2024
  • Individual clients · 260 to 290
    Aug 23, 2023 to Mar 1, 2024
  • Pension plan clients · 33 to 27
    Aug 23, 2023 to Mar 1, 2024
  • Assets in custody · $237M to $95.2M
    Aug 23, 2023 to Mar 1, 2024
  • Employees · 16 to 15
    Aug 23, 2023 to Mar 1, 2024
  • Discretionary RAUM · $734M to $866M
    Aug 23, 2023 to Mar 1, 2024
  • HNW RAUM · $697M to $818M
    Aug 23, 2023 to Mar 1, 2024
  • Individual RAUM · $73.6M to $88.7M
    Aug 23, 2023 to Mar 1, 2024
  • Non-discretionary RAUM · $65.0M to $67.9M
    Aug 23, 2023 to Mar 1, 2024
  • Pension RAUM · $14.2M to $9.9M
    Aug 23, 2023 to Mar 1, 2024
Signals
2 dated events
  • Kevin James Hagerman (Member) no longer on Schedule A of Keb Wealth Advisors (listed 2019-03-22, absent 2020-03-05)
    Mar 5, 2020 · Control person left · inference
  • Paul Justin Mason (Chief Compliance Officer) appeared on Schedule A of Keb Wealth Advisors
    Mar 22, 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 email
kristik@kebcpa.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
dawnh@kebcpa.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
grantb@kebcpa.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
darinj@kebcpa.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
217-324-6611reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
217-789-0960reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
314-231-6232reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/keb-asset-management-llcreportedpublic record, Form ADV, Sep 17, 2026
Website
kebcpa.com/services/wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(217) 789-0960reportedpublic record, Form ADV, Jan 29, 2026
Team page
kebcpa.com/peoplereportedpublished 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
$91.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026