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

Private Client Services, LLC

Broker-dealer affiliated wealth managerLouisville, KentuckyCRD 120222SEC 801-71475websiteIAPD
Latest filing Mar 14, 2026
First filing on the tape Dec 6, 2011 · 50 filings
SEC status approved since May 25, 2010
RAUM
$1.4B
reported, Item 5.F
Discretionary
41%
of RAUM
Private clients
99%
$1.4B individuals and HNW
Advisors
64
registered through the firm on IAPD
RAUM per advisor
$21.6M
derived; firm RAUM over IAPD count
Employees
60
50 advisory (5.B.1)
Offices
23
beyond the principal office
Private funds
0
reported on Schedule D
History
50 filings and snapshots on the tape
RAUM$1.4B as of Mar 14, 2026
Feb 16, 2012$56.9M then
HNW client RAUM$365M as of Mar 14, 2026
Mar 31, 2022$148M then
State-registered IARs (5.B.3)50 as of Mar 14, 2026
Apr 1, 201352 then
Employees (5.A)60 as of Mar 14, 2026
Apr 1, 201352 then
Private funds: no history
RAUM +32% over the last fiscal year+28% a year over threeIARs 50 to 50offices 20 to 23
Practice profile
derived from the filing of Mar 14, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$21.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
136derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$157,798derivedRAUM over accounts (5.F.2.f)
Discretionary
41%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
2.7derived24 offices incl. principal (1.F.5)
RAUM growth, one year
+32%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+171%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
$1.4BreportedItem 5.I
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
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • 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
  • Individuals$1.0B73%
  • High-net-worth individuals$365M26%
  • Corporations and businesses$7.2M0.5%
  • Pension and profit-sharing plans$750,8410.1%
Individual clients
8,529reported
HNW clients
194reported
Pension plan clients
35reported
Charitable clients
n/areported
Accounts
8,765reported
Financial planning clients
11-25reported
Wrap fee programs
$1.4B sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=60.0derived
Advisors registered through the firm
57 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ernest Aubrey SampsonChartered Financial ConsultantLouisville, Ky Nov 6, 200136 y1
Eric David BunnellCertified Financial PlannerLouisville, KyDec 20, 200133 y1
James Patrick DollLouisville, Ky Jun 3, 200232 y0
Sammy Joseph KudmaniLouisville, Ky Sep 9, 200329 y1
Jason Garrick LangleyLouisville, KyMar 24, 200525 y2
Alex P LindleLouisville, Ky Mar 28, 200826 y1
Richard Joseph RobinsonLouisville, KyNov 19, 200840 y3
Thomas Andrew BryantLouisville, Ky Mar 20, 200928 y3
Charles Frederick NealJeffersonville, In Jan 4, 201024 y2
Brittany Spiller AmmermanLouisville, KyApr 12, 201016 y0
Gretchen Kay MahaffeyCertified Financial PlannerLouisville, Ky May 3, 201024 y1
Michael Robert DuganRaritan, NjMay 3, 201019 y2
Michael George DuganCertified Financial Planner, Chartered Financial ConsultantLouisville, Ky May 3, 201038 y2
Cindy Elizabeth LindleLouisville, Ky May 3, 201026 y2
Ronald Frank VanhornRaritan, Nj May 12, 201030 y2
Robert Scott SutherlandOakbrook Terrace, IlJul 16, 201021 y2
Mitchell DespinichOakbrook Terrace, IlJul 16, 201025 y2
Thomas C DavyCertified Financial PlannerLouisville, Ky Jul 20, 201035 y2
Sabine Kudmani StovallStovall, Nc Aug 10, 201120 y0
Mark Patrick WenzlLouisville, Ky Nov 27, 201344 y0
Jane M Vande VoortKaukauna, Wi Mar 26, 201822 y5
Shana Lynn KeilAppleton, Wi Aug 22, 201826 y2
Marguerita Maria ChengCertified Financial PlannerGaithersburg, Md Nov 11, 201927 y2
Todd A OberhausenLouisville, KyNov 14, 201922 y2
Jillian FohrLouisville, KyJan 3, 202010 y0
Jeffrey D SmithChartered Financial ConsultantAppleton, Wi Jul 15, 202023 y4
Sharon IfrachAppleton, Wi Jul 23, 202019 y3
Howard FriedmanChartered Financial ConsultantRockville, Md Jul 23, 202023 y8
Leanne Ozaine SmithSpokane, Wa Aug 23, 202023 y4
Michael Vincent FriedaChartered Financial ConsultantBoynton Beach, Fl Feb 1, 202139 y0
Peter ToppingCertified Financial Planner, Chartered Financial ConsultantNew York, NyFeb 1, 202124 y1
Timothy Daley GrahamCharlotte, Nc Jun 2, 202123 y2
Peter Joseph MclaughlinLouisville, KyJul 27, 202111 y2
Adam Boyd MorganRichmond, Va Dec 8, 202113 y2
Steven Richard MillsLouisville, Ky Jan 28, 202227 y3
Edward Mitchell MarionAppleton, Wi Jan 28, 202217 y1
Patrick Charles HomanLouisville, Ky Jan 31, 202233 y10
Cassondra Jo DunningLouisville, Ky Apr 26, 202228 y0
Beth Ann MengertMarion, Wi Jul 11, 202234 y3
Gabriel Ethan LevyChartered Financial AnalystFort Lauderdale, Fl Dec 16, 202226 y2
All 57 advisors at Private Client Services, LLC
Advisor movement
3 left, 3 joined in 12 months
net 0 in 12 months2 left in 90 days0 joined in 90 daysdeparture rate 4.7% of current headcount9 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Timothy David Gacsy · Chief Financial Officercontrol
    since 08/2023 · owns less than 5%
  • Timothy Daley Graham · Presidentcontrol
    since 05/2021 · owns less than 5%
  • Steven Richard Mills · Chief Operations Officercontrol
    since 08/2023 · owns less than 5%
  • Ernest Aubrey Sampson · Managing Member, Esop Trusteecontrol
    since 04/2007 · owns less than 5%
  • John Philip Taylor-Jones · Chief Compliance Officercontrol
    since 08/2013 · owns less than 5%
  • Mary Elizabeth Wescott · Chief Administration Officercontrol
    since 09/2018 · owns less than 5%
  • Ernest Aubrey Sampson · Shareholdercontrol
    since 02/2001 · owns 75% or more of Kfg Enterprises, Inc.
  • Julia Meyer Ironside · Finop
    since 11/2020 · owns less than 5%
Entity owners
  • Kfg Enterprises, Inc. · Shareholder
    direct · owns 50% to 75%
  • Private Client Services Emp Stock · Esop Trust
    direct · owns 25% to 50%
  • Private Client Services Emp Stock Ownership Plan & Trust · Esop Trust
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
  • Private Client Services
    broker-dealerreal estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Louisville, Ky · principal48431
Appleton, Wi1600
St Louis Park, Mn700
Charlotte, Nc300
Oakbrook Terrace, Il300
Raritan, Nj300
Rockville, Md300
Worthington, Oh300
Durham, Nc200
New York, Ny200
Sarasota, Fl220
Papillion, Ne100
Lebanon, Ky000
Offices
Schedule D 1.F, the 25 largest
  • Louisville, KY5 employees
  • New York, NY5 employees
  • Rockville, MD4 employees
  • Columbia, SC4 employees
  • Oakbrook Terrace, IL4 employees
  • Frankfort, KY2 employees
  • Raritan, NJ2 employees
  • Brentwood, TN2 employees
  • Louisville, KY1 employees
  • N. Kansas City, MO1 employees
  • Somerville, NJ1 employees
  • Spokane, WA1 employees
  • St Louis Park, MN1 employees
  • Appleton, WI1 employees
  • Fort Lauderdale, FL1 employees
  • Ft Worth, TX1 employees
  • , 1 employees
  • Baton Rouge, LA1 employees
  • Jeffersonville, IN1 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • account count surgeChange between filings · filing Mar 14, 2026
    accounts (Item 5.F.2.f) moved from 3,271.0 to 8,765.0 (+168.0%) between the annual amendments of 2025-03-21 and 2026-03-14; the peer median change was +10.0% (52 comparable advisers, 100.0th percentile of changes)
    peers: affiliated wealth managers, $1B to $5B (52) · 100% percentile
  • client count surgeChange between filings · filing Mar 14, 2026
    individual and HNW clients (Item 5.D) moved from 3,224.0 to 8,723.0 (+171.0%) between the annual amendments of 2025-03-21 and 2026-03-14; the peer median change was +9.0% (50 comparable advisers, 100.0th percentile of changes)
    peers: affiliated wealth managers, $1B to $5B (50) · 100% percentile
  • control person changedChange between filings · filing Mar 14, 2026
    GACSY, TIMOTHY DAVID (CHIEF FINANCIAL OFFICER) left Schedule A between the filings of 2024-07-10 and 2026-03-14
    peers: affiliated wealth managers, $1B to $5B (56)
  • HNW share shiftChange between filings · filing Mar 14, 2026
    HNW share of RAUM moved from 11.0% to 26.0% between the annual amendments of 2025-03-21 and 2026-03-14
    peers: affiliated wealth managers, $1B to $5B (56)
What changed
consecutive filings, newest first
  • Accounts · 3,271 to 8,765
    Nov 26, 2025 to Mar 14, 2026
  • Corporate clients · 12 to 7
    Nov 26, 2025 to Mar 14, 2026
  • HNW clients · 184 to 194
    Nov 26, 2025 to Mar 14, 2026
  • Individual clients · 3,040 to 8,529
    Nov 26, 2025 to Mar 14, 2026
  • Pension plan clients · 15 to 35
    Nov 26, 2025 to Mar 14, 2026
  • Discretionary RAUM · $391M to $562M
    Nov 26, 2025 to Mar 14, 2026
  • HNW RAUM · $112M to $365M
    Nov 26, 2025 to Mar 14, 2026
  • Individual RAUM · $937M to $1.0B
    Nov 26, 2025 to Mar 14, 2026
  • Non-discretionary RAUM · $660M to $821M
    Nov 26, 2025 to Mar 14, 2026
  • RAUM · $1.1B to $1.4B
    Nov 26, 2025 to Mar 14, 2026
  • Wrap assets (sponsor) · $1.1B to $1.4B
    Nov 26, 2025 to Mar 14, 2026
  • Other offices · 22 to 23
    May 19, 2025 to Nov 26, 2025
  • Financial planning clients · 11-25 to 11-25
    Mar 21, 2025 to May 19, 2025
  • Other offices · 20 to 22
    Mar 21, 2025 to May 19, 2025
  • Accounts · 2,890 to 3,271
    Jan 16, 2025 to Mar 21, 2025
  • Corporate clients · 3 to 12
    Jan 16, 2025 to Mar 21, 2025
  • HNW clients · 152 to 184
    Jan 16, 2025 to Mar 21, 2025
  • Individual clients · 1,717 to 3,040
    Jan 16, 2025 to Mar 21, 2025
  • Pension plan clients · 10 to 15
    Jan 16, 2025 to Mar 21, 2025
  • Financial planning clients · 26-50 to 11-25
    Jan 16, 2025 to Mar 21, 2025
  • Discretionary RAUM · $293M to $391M
    Jan 16, 2025 to Mar 21, 2025
  • HNW RAUM · $66.7M to $112M
    Jan 16, 2025 to Mar 21, 2025
  • Individual RAUM · $768M to $937M
    Jan 16, 2025 to Mar 21, 2025
  • Non-discretionary RAUM · $553M to $660M
    Jan 16, 2025 to Mar 21, 2025
  • Pension RAUM · $9.0M to $750,841
    Jan 16, 2025 to Mar 21, 2025
  • RAUM · $846M to $1.1B
    Jan 16, 2025 to Mar 21, 2025
  • Wrap assets (sponsor) · $846M to $1.1B
    Jan 16, 2025 to Mar 21, 2025
  • Other offices · 19 to 20
    Jul 10, 2024 to Jan 16, 2025
  • Accounts · 2,669 to 2,890
    Jan 3, 2024 to Mar 28, 2024
  • HNW clients · 142 to 152
    Jan 3, 2024 to Mar 28, 2024
  • Individual clients · 1,596 to 1,717
    Jan 3, 2024 to Mar 28, 2024
  • Other offices · 21 to 19
    Jan 3, 2024 to Mar 28, 2024
  • Discretionary RAUM · $197M to $293M
    Jan 3, 2024 to Mar 28, 2024
  • HNW RAUM · $231M to $66.7M
    Jan 3, 2024 to Mar 28, 2024
  • Individual RAUM · $422M to $768M
    Jan 3, 2024 to Mar 28, 2024
  • Non-discretionary RAUM · $466M to $553M
    Jan 3, 2024 to Mar 28, 2024
  • Pension RAUM · $7.9M to $9.0M
    Jan 3, 2024 to Mar 28, 2024
  • RAUM · $663M to $846M
    Jan 3, 2024 to Mar 28, 2024
  • Wrap assets (sponsor) · $663M to $846M
    Jan 3, 2024 to Mar 28, 2024
  • Accounts · 1,967 to 2,669
    Dec 7, 2022 to Mar 28, 2023
Signals
32 dated events
  • Carl Wilfred Hafele left Private Client Services, Llc for Hafele Investments (registered 2026-06-26)
    Jun 26, 2026 · Advisor changed firm · fact
  • Michael Neal Campbell left Private Client Services, Llc for Hafele Investments (registered 2026-06-26)
    Jun 26, 2026 · Advisor changed firm · fact
  • 2 advisors left Private Client Services, LLC (Louisville, KY) for Hafele Investments on the same day
    Jun 26, 2026 · Team lift-out · derived
  • Private Client Services, Llc reported RAUM $1.4B, up 32% from $1.1B (2025-11-26 to 2026-03-14)
    Mar 14, 2026 · RAUM change · derived
  • Shannon Cassidy Stoehr left Private Client Services, Llc for Raymond James Financial Services Advisors, Inc (registered 2025-12-01)
    Nov 28, 2025 · Advisor changed firm · fact
  • 2 advisors left Kestra Advisory Services, LLC (Maitland, FL) for Private Client Services, LLC on the same day
    Nov 19, 2025 · Team lift-out · derived
  • Jacob Eddy left Private Client Services, Llc for Lpl Financial Llc (registered 2026-04-15)
    Aug 26, 2025 · Advisor changed firm · fact
  • 2 advisors left Heritage Wealth Partners, LLC (Dublin, OH) for Private Client Services, LLC on the same day
    Jul 10, 2025 · Team lift-out · derived
  • Kyle James Hickey left Private Client Services, Llc for Jameson & Griffin Financial (registered 2024-10-24)
    Nov 11, 2024 · Advisor changed firm · fact
  • Mandy Jo Hoeschen left Private Client Services, Llc for Cetera Investment Advisers Llc (registered 2024-07-26)
    Jul 15, 2024 · Advisor changed firm · fact
  • Steven Richard Mills (Chief Operations Officer) appeared on Schedule A of Private Client Services, Llc
    Jul 10, 2024 · Control person joined · fact
  • Timothy David Gacsy (Chief Financial Officer) appeared on Schedule A of Private Client Services, Llc
    Jul 10, 2024 · Control person joined · fact
  • Private Client Services, Llc reported RAUM $845.8M, up 28% from $663.1M (2024-01-03 to 2024-03-28)
    Mar 28, 2024 · RAUM change · derived
  • Jon Christian Bohnert left Private Client Services, Llc for Wells Fargo Advisors (registered 2024-03-04)
    Mar 1, 2024 · Advisor changed firm · fact
  • 3 advisors left Woodbury Financial Services, Inc. (Knoxville, TN) for Private Client Services, LLC on the same day
    Jan 19, 2024 · Team lift-out · derived
  • 2 advisors left Woodbury Financial Services, Inc. (Mcdonough, GA) for Private Client Services, LLC on the same day
    Jan 19, 2024 · Team lift-out · derived
  • Clarence Shayne Daniels left Private Client Services, Llc for Silver Oak Securities, Inc. (registered 2023-10-23)
    Oct 23, 2023 · Advisor changed firm · fact
  • Tracy Renee Hardin left Private Client Services, Llc for Lpl Financial Llc (registered 2023-10-17)
    Oct 18, 2023 · Advisor changed firm · fact
  • Ryan Mclin left Private Client Services, Llc for Impact Wealth Group (registered 2023-08-18)
    Aug 15, 2023 · Advisor changed firm · fact
  • John David Lewis left Private Client Services, Llc for Regatta Financial Llc (registered 2024-10-11)
    May 9, 2023 · Advisor changed firm · fact
  • Private Client Services, Llc reported 21 offices beyond its principal office, up from 16 (2022-12-07 to 2023-03-28)
    Mar 28, 2023 · Office count change · derived
  • Jeremy Eric Luse left Private Client Services, Llc for Ameritas Advisory Services, Llc (registered 2022-10-24)
    Oct 17, 2022 · Advisor changed firm · fact
  • Derek Marcus Rogers left Private Client Services, Llc for Cerity Partners Ocio Llc (registered 2022-09-26)
    Sep 14, 2022 · Advisor changed firm · fact
  • Diana Kay Perez left Private Client Services, Llc for Morgan Stanley (registered 2022-07-04)
    Jun 21, 2022 · Advisor changed firm · fact
  • Private Client Services, Llc reported RAUM $615.1M, up 35% from $455.3M (2022-01-28 to 2022-03-31)
    Mar 31, 2022 · RAUM change · derived
  • Seth Ariel Meisler left Private Client Services, Llc for Centura Wealth Advisory (registered 2022-01-21)
    Jan 24, 2022 · Advisor changed firm · fact
  • Ryan Joseph Armock (Chief Operations Officer) no longer on Schedule A of Private Client Services, Llc (listed 2021-05-04, absent 2021-05-28)
    May 28, 2021 · Control person left · inference
  • Timothy Daley Graham (Chief Operations Officer) appeared on Schedule A of Private Client Services, Llc
    May 28, 2021 · Control person joined · fact
  • Private Client Services, Llc reported 47 state-registered advisory representatives, up from 30 (2020-11-10 to 2021-03-31)
    Mar 31, 2021 · Advisor headcount change · derived
  • Private Client Services, Llc reported RAUM $455.3M, up 45% from $313.8M (2020-11-10 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/affiance-financialreportedpublic record, Form ADV, Sep 17, 2026
Website
HAFELEINVESTMENTS.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
502-451-0600reportedpublic record, Form ADV, Mar 14, 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
Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$21.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026