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.

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Former SEC-registered adviser

K••••• F•••••••• G••••• I•••

Former SEC-registered adviserRapid City, South DakotaCRD 124042SEC 801-62099websiteIAPD
Latest filing Apr 2, 2025
First filing on the tape Feb 9, 2012 · 48 filings
SEC status approved since Jun 5, 2003
RAUM
$174M
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
96%
$166M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
48 filings and snapshots on the tape
RAUM$174M as of Apr 2, 2025
Feb 9, 2012$141M then
HNW client RAUM$142M as of Apr 2, 2025
Mar 16, 2018$94.0M then
State-registered IARs (5.B.3)5 as of Apr 2, 2025
Feb 9, 20120 then
Employees (5.A)7 as of Apr 2, 2025
Jan 25, 20136 then
Private funds: no history
RAUM +9.8% over the last fiscal year-0.9% a year over threeIARs 3 to 5
Practice profile
derived from the filing of Apr 2, 2025; every figure names its basis
RAUM per advisor
$34.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
19derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$323,830derivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+9.8%derivedbetween the last two annual amendments
Advisor growth, one year
+67%derivedItem 5.B.3 between annual amendments
Client growth, one year
-4.0%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, publications, educational seminars, otherreportedItem 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)
  • 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
  • High-net-worth individuals$142M81%
  • Individuals$24.7M14%
  • Corporations and businesses$7.6M4.4%
Individual clients
45reported
HNW clients
50reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
537reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
4 left, 0 joined in 12 months
net -4 in 12 months0 left in 90 days0 joined in 90 days5 left over 36 months
Left, 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
    • G••••••• N••••••••• G••••••• · Ownercontrol
      since 01/2023 · owns 10% to 25%
    • K•••••• R••••••• S••••• · President And Chief Compliance Officercontrol
      since 05/1989 · owns less than 5%
    • K•••••• R••••••• S••••• · Trusteecontrol
      since 01/2020 · owns F of R•••••• K••••• L••••• T••••
    • K•••••• R••••••• S••••• · Trusteecontrol
      since 05/1989 · owns F of F•••• A••••••• T••••
    • W••••••••• M••••• · Trustee
      since 01/2020 · owns F of R•••••• K••••• L••••• T••••
    Entity owners
    • F•••• A••••••• T•••• · Owner - 88.89% Voting Shares
      direct · owns less than 5%
    • R•••••• K••••• L••••• T•••• · Owner - Non-Voting Shares
      direct · owns 75% or more
    • R•••••• K••••• L••••• T•••• F•• L••••• · Owner - Non-Voting Shares
      direct · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Boca Raton, Fl001
    Rapid City, Sd · principal003
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 530 to 537
      Mar 29, 2024 to Apr 2, 2025
    • Advisory employees · 3 to 7
      Mar 29, 2024 to Apr 2, 2025
    • Corporate clients · 4 to 2
      Mar 29, 2024 to Apr 2, 2025
    • Individual clients · 49 to 45
      Mar 29, 2024 to Apr 2, 2025
    • Employees · 5 to 7
      Mar 29, 2024 to Apr 2, 2025
    • Financial planning clients · 51-100 to 51-100
      Mar 29, 2024 to Apr 2, 2025
    • State-registered IARs · 3 to 5
      Mar 29, 2024 to Apr 2, 2025
    • Discretionary RAUM · $150M to $165M
      Mar 29, 2024 to Apr 2, 2025
    • HNW RAUM · $118M to $142M
      Mar 29, 2024 to Apr 2, 2025
    • Individual RAUM · $29.4M to $24.7M
      Mar 29, 2024 to Apr 2, 2025
    • Non-discretionary RAUM · $8.0M to $9.0M
      Mar 29, 2024 to Apr 2, 2025
    • RAUM · $158M to $174M
      Mar 29, 2024 to Apr 2, 2025
    • Accounts · 535 to 530
      Oct 11, 2023 to Mar 25, 2024
    • Advisory employees · 4 to 3
      Oct 11, 2023 to Mar 25, 2024
    • Employees · 6 to 5
      Oct 11, 2023 to Mar 25, 2024
    • State-registered IARs · 4 to 3
      Oct 11, 2023 to Mar 25, 2024
    • Discretionary RAUM · $150M to $150M
      Oct 11, 2023 to Mar 25, 2024
    • HNW RAUM · $123M to $118M
      Oct 11, 2023 to Mar 25, 2024
    • Individual RAUM · $22.9M to $29.4M
      Oct 11, 2023 to Mar 25, 2024
    • Non-discretionary RAUM · $8.0M to $8.0M
      Oct 11, 2023 to Mar 25, 2024
    • RAUM · $158M to $158M
      Oct 11, 2023 to Mar 25, 2024
    • Employees · 4 to 6
      Mar 30, 2023 to Aug 17, 2023
    • Accounts · 544 to 535
      Mar 30, 2022 to Mar 30, 2023
    • Charity clients · 1.0 to unset
      Mar 30, 2022 to Mar 30, 2023
    • Corporate clients · 3 to 4
      Mar 30, 2022 to Mar 30, 2023
    • HNW clients · 54 to 50
      Mar 30, 2022 to Mar 30, 2023
    • Individual clients · 46 to 49
      Mar 30, 2022 to Mar 30, 2023
    • Discretionary RAUM · $179M to $150M
      Mar 30, 2022 to Mar 30, 2023
    • HNW RAUM · $138M to $123M
      Mar 30, 2022 to Mar 30, 2023
    • Individual RAUM · $28.7M to $22.9M
      Mar 30, 2022 to Mar 30, 2023
    • Non-discretionary RAUM · $0 to $8.0M
      Mar 30, 2022 to Mar 30, 2023
    • RAUM · $179M to $158M
      Mar 30, 2022 to Mar 30, 2023
    • Accounts · 518 to 544
      Aug 20, 2021 to Mar 30, 2022
    • Charity clients · unset to 1.0
      Aug 20, 2021 to Mar 30, 2022
    • Corporate clients · unset to 3.0
      Aug 20, 2021 to Mar 30, 2022
    • HNW clients · 47 to 54
      Aug 20, 2021 to Mar 30, 2022
    • Employees · 8 to 4
      Aug 20, 2021 to Mar 30, 2022
    • Insurance-licensed employees · 1 to 0
      Aug 20, 2021 to Mar 30, 2022
    • Financial planning clients · 0 to 51-100
      Aug 20, 2021 to Mar 30, 2022
    • Other offices · 1 to 0
      Aug 20, 2021 to Mar 30, 2022
    Signals
    14 dated events
    • K••••• F•••••••• G••••• I••• no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $173.9M)
      Jan 2, 2026 · Left the SEC roster · derived
    • A•••• T••••• F•••••• left K••••• F•••••••• G••••• I••• for K••• L•• (registered 2025-09-15)
      Dec 22, 2025 · Advisor changed firm · fact
    • R•••••• S••••• K••••• left K••••• F•••••••• G••••• I••• for K••• L•• (registered 2025-09-12)
      Dec 22, 2025 · Advisor changed firm · fact
    • N•••••••• G••••••• G•••••• left K••••• F•••••••• G••••• I••• for K••• L•• (registered 2025-09-23)
      Dec 22, 2025 · Advisor changed firm · fact
    • C•••••• O•••••• M•••••• F•••••• left K••••• F•••••••• G••••• I••• for K••• L•• (registered 2025-09-15)
      Dec 22, 2025 · Advisor changed firm · fact
    • K••••• F•••••••• G••••• I•••'s advisors moved to K••• L•• (Rapid City, SD): 3 of 4 registered, on the same day
      Dec 22, 2025 · Firm absorbed (people side) · derived
    • B•••••• R•••••• P••••••• left K••••• F•••••••• G••••• I••• for T•••• P••••••• G•••• (registered 2023-12-21)
      Dec 20, 2023 · Advisor changed firm · fact
    • J••• Alison Scherr (Owner) no longer on Schedule A of K••••• F•••••••• G••••• I••• (listed 2023-03-30, absent 2023-08-17)
      Aug 17, 2023 · Control person left · inference
    • B•••• H••••• W•••••• left K••••• F•••••••• G••••• I••• for E• W••••• A••••••• (registered 2024-02-14)
      Mar 31, 2023 · Advisor changed firm · fact
    • J••• Alison Scherr (Owner) appeared on Schedule A of K••••• F•••••••• G••••• I•••
      Mar 30, 2023 · Control person joined · fact
    • Gjermund Nathaniel Gehring (Owner) appeared on Schedule A of K••••• F•••••••• G••••• I•••
      Mar 30, 2023 · Control person joined · fact
    • C•••••••• L••• left K••••• F•••••••• G••••• I••• for Mariner (registered 2022-06-27)
      May 31, 2022 · Advisor changed firm · fact
    • Marc Anthony Jimenez no longer registered at K••••• F•••••••• G••••• I•••; no later IA registration on IAPD
      Feb 15, 2022 · Advisor departure · fact
    • M••••• W••••••••• (Trustee) appeared on Schedule A of K••••• F•••••••• G••••• I•••
      Mar 26, 2020 · Control person joined · fact
    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