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.

Former SEC-registered adviser

Ark Financial Services, LLC

Former SEC-registered adviserBethesda, MarylandCRD 118257SEC 801-66994IAPD
Latest filing Mar 1, 2017
First filing on the tape Mar 19, 2012 · 9 filings
RAUM
$134M
reported, Item 5.F
Discretionary
81%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$134M as of Mar 1, 2017
Mar 19, 2012$90.9M then
HNW client RAUM: no history
State-registered IARs (5.B.3)2 as of Mar 1, 2017
Mar 19, 20120 then
Employees (5.A)2 as of Mar 1, 2017
Mar 18, 20132 then
Private funds: no history
RAUM +4.4% over the last fiscal year+3.1% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 1, 2017; every figure names its basis
RAUM per advisor
$67.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$914,682derivedRAUM over accounts (5.F.2.f)
Discretionary
81%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+4.4%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 assets, fixed feesreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
147reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
Joined, latest
none on the tape
    Every departureEvery arrival
    Teams: two or more advisors moving together within fourteen days, from one state
      Teams outTeams in
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Robert Andrew Kline · Managing Member & Chief Compliance Officercontrol
        since 10/2001 · 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 · 137 to 147
        Nov 29, 2016 to Mar 1, 2017
      • Assets in custody · 179026.0 to unset
        Nov 29, 2016 to Mar 1, 2017
      • Custody of client assets · true to false
        Nov 29, 2016 to Mar 1, 2017
      • Discretionary RAUM · $102M to $109M
        Nov 29, 2016 to Mar 1, 2017
      • Non-discretionary RAUM · $26.8M to $25.0M
        Nov 29, 2016 to Mar 1, 2017
      • RAUM · $129M to $134M
        Nov 29, 2016 to Mar 1, 2017
      • Accounts · 132 to 137
        Mar 12, 2015 to Feb 29, 2016
      • Assets in custody · $15.1M to $179,026
        Mar 12, 2015 to Feb 29, 2016
      • Discretionary RAUM · $104M to $102M
        Mar 12, 2015 to Feb 29, 2016
      • Non-discretionary RAUM · $25.9M to $26.8M
        Mar 12, 2015 to Feb 29, 2016
      • RAUM · $130M to $129M
        Mar 12, 2015 to Feb 29, 2016
      • Accounts · 168 to 132
        Feb 19, 2014 to Mar 12, 2015
      • Assets in custody · $4.3M to $15.1M
        Feb 19, 2014 to Mar 12, 2015
      • Discretionary RAUM · $94.9M to $104M
        Feb 19, 2014 to Mar 12, 2015
      • Non-discretionary RAUM · $27.7M to $25.9M
        Feb 19, 2014 to Mar 12, 2015
      • RAUM · $123M to $130M
        Feb 19, 2014 to Mar 12, 2015
      • Accounts · 132 to 168
        Dec 16, 2013 to Feb 19, 2014
      • Advisory employees · 1 to 2
        Dec 16, 2013 to Feb 19, 2014
      • State-registered IARs · 1 to 2
        Dec 16, 2013 to Feb 19, 2014
      • Discretionary RAUM · $76.3M to $94.9M
        Dec 16, 2013 to Feb 19, 2014
      • Non-discretionary RAUM · $21.8M to $27.7M
        Dec 16, 2013 to Feb 19, 2014
      • RAUM · $98.0M to $123M
        Dec 16, 2013 to Feb 19, 2014
      • Assets in custody · unset to 4291552.0
        Mar 18, 2013 to Dec 16, 2013
      • Custody of client assets · false to true
        Mar 18, 2013 to Dec 16, 2013
      • Accounts · 128 to 132
        Aug 28, 2012 to Mar 18, 2013
      • Advisory employees · unset to 1.0
        Aug 28, 2012 to Mar 18, 2013
      • Employees · unset to 2.0
        Aug 28, 2012 to Mar 18, 2013
      • State-registered IARs · 0 to 1
        Aug 28, 2012 to Mar 18, 2013
      • Discretionary RAUM · $78.1M to $76.3M
        Aug 28, 2012 to Mar 18, 2013
      • Non-discretionary RAUM · $12.7M to $21.8M
        Aug 28, 2012 to Mar 18, 2013
      • RAUM · $90.9M to $98.0M
        Aug 28, 2012 to Mar 18, 2013
      Signals
      No event on the tape.
      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