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B•••• H••• C•••••• P•••••••• L••

Independent wealth managerSEC-registered· San Francisco, Californiawebsite

Independent wealth manager, based in San Francisco, California, reporting $67.7M of regulatory assets across 1 registered advisors.

Composed from this adviser's Form ADV classification, location and filed figures.

Regulatory AUM
$67.7M
Form ADV
Advisors
1
IAPD
Net advisor flow, 12 months
0 (0 in, 0 out)
IAPD registration history
RAUM change, last fiscal year
+31%
Form ADV, consecutive annual filings
Private clients
51% of RAUM, $34.3M
Form ADV
As of · the latest Form ADV filing; advisor counts and movement are read from IAPD daily
Every filed figure, and the identifiersCRD 118291 · SEC 801-118997 · 10 filingsShow
CRD 118291SEC 801-118997First filing on the tape Jun 1, 2020, latest Mar 27, 2026SEC status approved since Jul 1, 2020IAPD
RAUM
$67.7M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
51%
$34.3M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$67.7M
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
10 filings and snapshots on the tape
RAUM$67.7M as of Mar 27, 2026
Mar 11, 2021$64.1M then
HNW client RAUM$34.3M as of Mar 27, 2026
Mar 11, 2021$38.8M then
State-registered IARs (5.B.3)1 as of Mar 27, 2026
Mar 11, 20211 then
Employees (5.A)1 as of Mar 27, 2026
Mar 11, 20211 then
Private funds: no history
RAUM +31% over the last fiscal year+22% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$67.7MderivedRAUM 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
$33.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%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
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+31%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, portfolio management for investment companiesreportedItem 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)
  • compensates persons for client referrals (8.G.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$34.3M51%
  • Investment companies$33.4M49%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.51 fund_share=0.49 institutional_share=0.0 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
S•••••• •••• K••San Francisco, CaDec 6, 199934 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
      • K••• S••••••• •••• · Managing Membercontrol
        since 03/2013 · owns 75% or more
      • C••••• A•••••• P••• · Chief Compliance Officer
        since 04/2022 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Advisers that list B•••• H••• C•••••• P•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      3 against comparable advisers; where to look, not conclusions
      • client mix shiftChange between filings · filing Mar 27, 2026
        private-client share of RAUM moved from 34.0% to 51.0% between the annual amendments of 2025-03-28 and 2026-03-27
        peers: independent wealth managers, under $100M (708)
      • HNW share shiftChange between filings · filing Mar 27, 2026
        HNW share of RAUM moved from 34.0% to 51.0% between the annual amendments of 2025-03-28 and 2026-03-27
        peers: independent wealth managers, under $100M (708)
      • RAUM up 25 %Change between filings · filing Mar 27, 2026
        RAUM (Item 5.F) moved from $51,774,761 to $67,670,878 (+31.0%) between the annual amendments of 2025-03-28 and 2026-03-27; the peer median change was +8.0% (219 comparable advisers, 93.0th percentile of changes)
        peers: independent wealth managers, under $100M (219) · 93% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 3 to 2
        Mar 28, 2025 to Mar 27, 2026
      • Discretionary RAUM · $51.8M to $67.7M
        Mar 28, 2025 to Mar 27, 2026
      • HNW RAUM · $17.8M to $34.3M
        Mar 28, 2025 to Mar 27, 2026
      • RAUM · $51.8M to $67.7M
        Mar 28, 2025 to Mar 27, 2026
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 28, 2025
      • Discretionary RAUM · $67.9M to $51.8M
        Mar 27, 2024 to Mar 28, 2025
      • HNW RAUM · $28.9M to $17.8M
        Mar 27, 2024 to Mar 28, 2025
      • RAUM · $67.9M to $51.8M
        Mar 27, 2024 to Mar 28, 2025
      • Accounts · 7 to 3
        Mar 31, 2023 to Mar 27, 2024
      • Discretionary RAUM · $37.3M to $67.9M
        Mar 31, 2023 to Mar 27, 2024
      • HNW RAUM · $23.0M to $28.9M
        Mar 31, 2023 to Mar 27, 2024
      • RAUM · $37.3M to $67.9M
        Mar 31, 2023 to Mar 27, 2024
      • Discretionary RAUM · $73.7M to $37.3M
        Mar 10, 2022 to Mar 31, 2023
      • HNW RAUM · $45.2M to $23.0M
        Mar 10, 2022 to Mar 31, 2023
      • RAUM · $73.7M to $37.3M
        Mar 10, 2022 to Mar 31, 2023
      • Accounts · 5 to 7
        Mar 11, 2021 to Mar 10, 2022
      • HQ city · unset to SAN FRANCISCO
        Mar 11, 2021 to Mar 10, 2022
      • HQ state · unset to CA
        Mar 11, 2021 to Mar 10, 2022
      • Other offices · 1 to 0
        Mar 11, 2021 to Mar 10, 2022
      • Discretionary RAUM · $64.1M to $73.7M
        Mar 11, 2021 to Mar 10, 2022
      • HNW RAUM · $38.8M to $45.2M
        Mar 11, 2021 to Mar 10, 2022
      • RAUM · $64.1M to $73.7M
        Mar 11, 2021 to Mar 10, 2022
      • Accounts · 3 to 5
        Jul 7, 2020 to Mar 11, 2021
      • Discretionary RAUM · $27.1M to $64.1M
        Jul 7, 2020 to Mar 11, 2021
      • HNW RAUM · $21.9M to $38.8M
        Jul 7, 2020 to Mar 11, 2021
      • RAUM · $27.1M to $64.1M
        Jul 7, 2020 to Mar 11, 2021
      Signals
      1 dated events
      • ••• Locked
        Jun 1, 2020 · 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
      Business email
      ••• Lockedreportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      ••• Lockedreportedpublished by the firm, firm site, Sep 16, 2026
      Website
      ••• Lockedreportedpublic record, Form ADV, Mar 27, 2026
      Principal office phone
      ••• Lockedreportedpublic record, Form ADV, Mar 27, 2026
      Contact form
      ••• Lockedreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      ••• Lockedreportedpublished 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
      $67.7Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026