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

K•••••• F•••••••• G••••

Independent wealth managerPittsburgh, PennsylvaniaCRD 123349SEC 801-113806websiteIAPD
Legal name K•••••• F•••••••• G••••• I•••
Latest filing Jul 13, 2026
First filing on the tape Mar 7, 2012 · 14 filings
SEC status approved since Aug 9, 2018
RAUM
$200M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
100%
$200M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$66.5M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$200M as of Jul 13, 2026
Mar 7, 2012$57.7M then
HNW client RAUM$141M as of Jul 13, 2026
Mar 19, 2019$49.7M then
State-registered IARs (5.B.3)3 as of Jul 13, 2026
Mar 7, 20120 then
Employees (5.A)4 as of Jul 13, 2026
Mar 19, 20194 then
Private funds: no history
RAUM +18% over the last fiscal year+12% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Jul 13, 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
$66.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
68derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$205,567derivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 5.G
Custody
$176M, 221 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)
  • 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$141M71%
  • Individuals$58.6M29%
  • Charitable organizations$69,4090.0%
Individual clients
140reported
HNW clients
65reported
Pension plan clients
n/areported
Charitable clients
2reported
Accounts
971reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$176M for 221 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C•••••••• M••• K••••••Pittsburgh, PaSep 18, 201812 y0
R••• M•••••• S••••Certified Financial PlannerPittsburgh, PaMar 19, 202113 y2
J•••••• M• G•••••Certified Financial PlannerPittsburgh, PaJun 4, 202510 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • L••••••••• B••••••• M••••••• · President/Chief Compliance Officercontrol
    since 05/2022 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Pittsburgh, Pa · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • low discretionary shareStatic outlier · filing Jul 13, 2026
    discretionary share of RAUM of 0% against a peer median of 100% (5676 comparable advisers, 0.0th percentile, 33.7 robust deviations)
    peers: independent wealth managers, $100M to $500M (5,676) · 0.0% percentile
What changed
consecutive filings, newest first
  • Accounts · 989 to 971
    Mar 6, 2025 to Jan 23, 2026
  • Charity clients · 1 to 2
    Mar 6, 2025 to Jan 23, 2026
  • HNW clients · 52 to 65
    Mar 6, 2025 to Jan 23, 2026
  • Individual clients · 157 to 140
    Mar 6, 2025 to Jan 23, 2026
  • Assets in custody · $148M to $176M
    Mar 6, 2025 to Jan 23, 2026
  • HNW RAUM · $107M to $141M
    Mar 6, 2025 to Jan 23, 2026
  • Individual RAUM · $62.0M to $58.6M
    Mar 6, 2025 to Jan 23, 2026
  • Non-discretionary RAUM · $169M to $200M
    Mar 6, 2025 to Jan 23, 2026
  • RAUM · $169M to $200M
    Mar 6, 2025 to Jan 23, 2026
  • Accounts · 995 to 989
    Mar 7, 2024 to Mar 6, 2025
  • HNW clients · 43 to 52
    Mar 7, 2024 to Mar 6, 2025
  • Individual clients · 174 to 157
    Mar 7, 2024 to Mar 6, 2025
  • Assets in custody · $132M to $148M
    Mar 7, 2024 to Mar 6, 2025
  • Financial planning clients · 1-10 to 1-10
    Mar 7, 2024 to Mar 6, 2025
  • HNW RAUM · $85.8M to $107M
    Mar 7, 2024 to Mar 6, 2025
  • Individual RAUM · $64.8M to $62.0M
    Mar 7, 2024 to Mar 6, 2025
  • Non-discretionary RAUM · $151M to $169M
    Mar 7, 2024 to Mar 6, 2025
  • RAUM · $151M to $169M
    Mar 7, 2024 to Mar 6, 2025
  • Accounts · 969 to 995
    Feb 22, 2023 to Mar 7, 2024
  • HNW clients · 39 to 43
    Feb 22, 2023 to Mar 7, 2024
  • Individual clients · 178 to 174
    Feb 22, 2023 to Mar 7, 2024
  • Assets in custody · $120M to $132M
    Feb 22, 2023 to Mar 7, 2024
  • HNW RAUM · $77.6M to $85.8M
    Feb 22, 2023 to Mar 7, 2024
  • Individual RAUM · $64.4M to $64.8M
    Feb 22, 2023 to Mar 7, 2024
  • Non-discretionary RAUM · $142M to $151M
    Feb 22, 2023 to Mar 7, 2024
  • RAUM · $142M to $151M
    Feb 22, 2023 to Mar 7, 2024
  • Accounts · 910 to 969
    May 10, 2022 to Feb 22, 2023
  • HNW clients · 40 to 39
    May 10, 2022 to Feb 22, 2023
  • Individual clients · 166 to 178
    May 10, 2022 to Feb 22, 2023
  • Assets in custody · $124M to $120M
    May 10, 2022 to Feb 22, 2023
  • HNW RAUM · $82.1M to $77.6M
    May 10, 2022 to Feb 22, 2023
  • Individual RAUM · $62.6M to $64.4M
    May 10, 2022 to Feb 22, 2023
  • Non-discretionary RAUM · $145M to $142M
    May 10, 2022 to Feb 22, 2023
  • RAUM · $145M to $142M
    May 10, 2022 to Feb 22, 2023
  • Advisory employees · 4 to 3
    Mar 10, 2022 to May 10, 2022
  • Employees · 5 to 4
    Mar 10, 2022 to May 10, 2022
  • State-registered IARs · 4 to 3
    Mar 10, 2022 to May 10, 2022
  • Accounts · 868 to 910
    Feb 26, 2021 to Mar 10, 2022
  • Advisory employees · 3 to 4
    Feb 26, 2021 to Mar 10, 2022
  • Charity clients · unset to 1.0
    Feb 26, 2021 to Mar 10, 2022
Signals
3 dated events
  • Michael George K•••••• (President/Chief Compliance Officer) no longer on Schedule A of K•••••• F•••••••• G•••• (listed 2022-03-10, absent 2022-05-10)
    May 10, 2022 · Control person left · inference
  • Margaret Bridget Loutzenhiser (President/Chief Compliance Officer) appeared on Schedule A of K•••••• F•••••••• G••••
    May 10, 2022 · Control person joined · fact
  • K•••••• F•••••••• G•••• filed its initial SEC registration (Form ADV)
    Jul 10, 2018 · 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
kfg@kapustafinancial.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
412-851-1400reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
H••••://WWW.LINKEDIN.COM/COMPANY/K••••••-FINANCIAL-GROUPreportedpublic record, Form ADV, Sep 18, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
412-851-1400reportedpublic record, Form ADV, Jul 13, 2026
Contact form
kapustafinancial.com/contact-usreportedpublished 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
$66.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026