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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

A•••••••• C••••••• L••

Independent wealth managerCarmel, IndianaCRD 122360SEC 801-121379websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 9 filings
SEC status approved since Jun 2, 2021
RAUM
$167M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
93%
$155M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$83.5M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$167M as of Mar 31, 2026
Mar 30, 2012$46.6M then
HNW client RAUM$126M as of Mar 31, 2026
Mar 31, 2022$90.8M then
State-registered IARs (5.B.3)2 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)2 as of Mar 31, 2026
Mar 31, 20222 then
Private funds: no history
RAUM +3.2% over the last fiscal year+6.0% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$83.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
74derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$545,439derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
4.7%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
+3.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-6.4%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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
  • High-net-worth individuals$126M75%
  • Individuals$29.6M18%
  • Charitable organizations$6.2M3.7%
  • Corporations and businesses$3.7M2.2%
  • Pension and profit-sharing plans$1.7M1.0%
Individual clients
105reported
HNW clients
42reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
306reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K•••••• R•••••• S•••••••Chartered Financial AnalystCarmel, InJan 14, 199944 y0
E••••• A••••• S•••••••Carmel, InOct 14, 199930 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
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•••••••• E•••••• A••••• · Managing Member/Vp/Chief Compliance Officercontrol
        since 01/1999 · owns 25% to 50%
      • S•••••••• K••••••• R•••••• · President/Managing Membercontrol
        since 01/1999 · owns 25% to 50%
      • C••••• M••••••• R••••• · Member
        since 02/1999 · owns less than 5%
      • M••••• K•••• F•••• · Member
        since 02/1999 · owns less than 5%
      • R•••••••• D•••••• J•• · Member
        since 02/1999 · owns 10% to 25%
      • S••••• R••••••• P••• · Member
        since 02/1999 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Carmel, In · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 339 to 306
        Mar 31, 2025 to Mar 31, 2026
      • HNW clients · 45 to 42
        Mar 31, 2025 to Mar 31, 2026
      • Individual clients · 112 to 105
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $153M to $161M
        Mar 31, 2025 to Mar 31, 2026
      • HNW RAUM · $121M to $126M
        Mar 31, 2025 to Mar 31, 2026
      • Individual RAUM · $30.9M to $29.6M
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $8.6M to $5.6M
        Mar 31, 2025 to Mar 31, 2026
      • Pension RAUM · $1.6M to $1.7M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $162M to $167M
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 337 to 339
        Nov 13, 2024 to Mar 31, 2025
      • HNW clients · 44 to 45
        Nov 13, 2024 to Mar 31, 2025
      • Individual clients · 116 to 112
        Nov 13, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Nov 13, 2024 to Mar 31, 2025
      • Discretionary RAUM · $143M to $153M
        Nov 13, 2024 to Mar 31, 2025
      • HNW RAUM · $106M to $121M
        Nov 13, 2024 to Mar 31, 2025
      • Individual RAUM · $33.9M to $30.9M
        Nov 13, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $6.4M to $8.6M
        Nov 13, 2024 to Mar 31, 2025
      • Pension RAUM · $1.5M to $1.6M
        Nov 13, 2024 to Mar 31, 2025
      • RAUM · $149M to $162M
        Nov 13, 2024 to Mar 31, 2025
      • Accounts · 331 to 337
        Mar 31, 2023 to Mar 30, 2024
      • HNW clients · 38 to 44
        Mar 31, 2023 to Mar 30, 2024
      • Individual clients · 112 to 116
        Mar 31, 2023 to Mar 30, 2024
      • Discretionary RAUM · $135M to $143M
        Mar 31, 2023 to Mar 30, 2024
      • HNW RAUM · $99.5M to $106M
        Mar 31, 2023 to Mar 30, 2024
      • Individual RAUM · $31.5M to $33.9M
        Mar 31, 2023 to Mar 30, 2024
      • Non-discretionary RAUM · $4.9M to $6.4M
        Mar 31, 2023 to Mar 30, 2024
      • Pension RAUM · $1.3M to $1.5M
        Mar 31, 2023 to Mar 30, 2024
      • RAUM · $140M to $149M
        Mar 31, 2023 to Mar 30, 2024
      • Accounts · 336 to 331
        Mar 31, 2022 to Mar 31, 2023
      • HNW clients · 35 to 38
        Mar 31, 2022 to Mar 31, 2023
      • Individual clients · 113 to 112
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $132M to $135M
        Mar 31, 2022 to Mar 31, 2023
      • HNW RAUM · $90.8M to $99.5M
        Mar 31, 2022 to Mar 31, 2023
      • Individual RAUM · $32.4M to $31.5M
        Mar 31, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $1.9M to $4.9M
        Mar 31, 2022 to Mar 31, 2023
      • Pension RAUM · $2.6M to $1.3M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $134M to $140M
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 328 to 336
        Oct 14, 2021 to Mar 31, 2022
      • HNW clients · 41 to 35
        Oct 14, 2021 to Mar 31, 2022
      • Individual clients · 99 to 113
        Oct 14, 2021 to Mar 31, 2022
      Signals
      1 dated events
      • A•••••••• C••••••• L•• filed its initial SEC registration (Form ADV)
        May 3, 2021 · 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
      i•••@a•••••••••.comreportedpublished by the firm, firm site, Sep 17, 2026
      Business phone
      317-818-7827reportedpublished by the firm, firm site, Sep 17, 2026
      Website
      A••••••••CAPITAL.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      317-818-7827reportedpublic record, Form ADV, Mar 31, 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
      $83.5Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026