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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SEC-registered adviser

S•••••• V••••• C•••••• P•••••••• L•••

Independent wealth managerSan Jose, CaliforniaCRD 125114SEC 801-62004websiteIAPD
Latest filing Mar 20, 2026
First filing on the tape Feb 15, 2012 · 20 filings
SEC status approved since Apr 24, 2003
RAUM
$1.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$1.2B individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$258M
derived; firm RAUM over IAPD count
Employees
8
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$1.3B as of Mar 20, 2026
Feb 15, 2012$117M then
HNW client RAUM$1.2B as of Mar 20, 2026
Mar 28, 2018$293M then
State-registered IARs (5.B.3)4 as of Mar 20, 2026
Feb 27, 20130 then
Employees (5.A)8 as of Mar 20, 2026
Feb 27, 20133 then
Private funds: no history
RAUM +19% over the last fiscal year+27% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
RAUM per advisor
$258MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
103derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$791,631derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+26%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$394M, 400 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)
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.2B91%
  • Individuals$74.9M5.8%
  • Pension and profit-sharing plans$22.7M1.8%
  • Corporations and businesses$19.1M1.5%
Individual clients
173reported
HNW clients
340reported
Pension plan clients
5reported
Charitable clients
n/areported
Accounts
1,627reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$394M for 400 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C••••••••• K•••• C••••San Jose, CaApr 16, 201432 y2
C•••••• L•• C••••San Jose, CaMar 17, 202533 y0
A••••• M•••• C•••••••San Jose, CaApr 4, 202527 y1
D•••• L• M••••••San Jose, CaJun 5, 202518 y0
J••••••• J••••••San Jose, CaAug 13, 202610 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 headcount1 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • C••••• C••••••••• K•••• · Ceo & Ciocontrol
    since 09/2015 · owns 75% or more
  • C••••• C••••••• L•• · Coo & Ccocontrol
    since 12/2022 · owns less than 5%
  • C•••••••• A•••••• M•••• · Chief Operations Officercontrol
    since 12/2022 · 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
San Jose, Ca · principal510
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Mar 20, 2026
    C•••••••• A•••••• M•••• (CHIEF OPERATIONS OFFICER) left Schedule A between the filings of 2023-03-30 and 2026-03-20
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Accounts · 1,523 to 1,627
    Feb 28, 2025 to Mar 20, 2026
  • Advisory employees · 3 to 4
    Feb 28, 2025 to Mar 20, 2026
  • Corporate clients · 7.0 to unset
    Feb 28, 2025 to Mar 20, 2026
  • HNW clients · 220 to 340
    Feb 28, 2025 to Mar 20, 2026
  • Individual clients · 187 to 173
    Feb 28, 2025 to Mar 20, 2026
  • Pension plan clients · unset to 5.0
    Feb 28, 2025 to Mar 20, 2026
  • Assets in custody · $331M to $394M
    Feb 28, 2025 to Mar 20, 2026
  • Employees · 7 to 8
    Feb 28, 2025 to Mar 20, 2026
  • State-registered IARs · 3 to 4
    Feb 28, 2025 to Mar 20, 2026
  • Discretionary RAUM · $1.1B to $1.3B
    Feb 28, 2025 to Mar 20, 2026
  • HNW RAUM · $974M to $1.2B
    Feb 28, 2025 to Mar 20, 2026
  • Individual RAUM · $59.3M to $74.9M
    Feb 28, 2025 to Mar 20, 2026
  • Pension RAUM · $30.0M to $22.7M
    Feb 28, 2025 to Mar 20, 2026
  • RAUM · $1.1B to $1.3B
    Feb 28, 2025 to Mar 20, 2026
  • Accounts · 1,387 to 1,523
    Sep 30, 2024 to Feb 28, 2025
  • Assets in custody · $263M to $331M
    Sep 30, 2024 to Feb 28, 2025
  • Employees · 8 to 7
    Sep 30, 2024 to Feb 28, 2025
  • Financial planning clients · 251-500 to 251-500
    Sep 30, 2024 to Feb 28, 2025
  • State-registered IARs · 4 to 3
    Sep 30, 2024 to Feb 28, 2025
  • Discretionary RAUM · $860M to $1.1B
    Sep 30, 2024 to Feb 28, 2025
  • HNW RAUM · $767M to $974M
    Sep 30, 2024 to Feb 28, 2025
  • Individual RAUM · $63.1M to $59.3M
    Sep 30, 2024 to Feb 28, 2025
  • Pension RAUM · $10.5M to $30.0M
    Sep 30, 2024 to Feb 28, 2025
  • RAUM · $860M to $1.1B
    Sep 30, 2024 to Feb 28, 2025
  • Accounts · 1,300 to 1,387
    Mar 30, 2023 to Mar 26, 2024
  • HNW clients · 235 to 220
    Mar 30, 2023 to Mar 26, 2024
  • Individual clients · 210 to 187
    Mar 30, 2023 to Mar 26, 2024
  • Assets in custody · $197M to $263M
    Mar 30, 2023 to Mar 26, 2024
  • Employees · 6 to 8
    Mar 30, 2023 to Mar 26, 2024
  • State-registered IARs · 3 to 4
    Mar 30, 2023 to Mar 26, 2024
  • Discretionary RAUM · $634M to $860M
    Mar 30, 2023 to Mar 26, 2024
  • HNW RAUM · $542M to $767M
    Mar 30, 2023 to Mar 26, 2024
  • Individual RAUM · $60.8M to $63.1M
    Mar 30, 2023 to Mar 26, 2024
  • Pension RAUM · $10.4M to $10.5M
    Mar 30, 2023 to Mar 26, 2024
  • RAUM · $634M to $860M
    Mar 30, 2023 to Mar 26, 2024
  • Accounts · 1,270 to 1,300
    Mar 22, 2022 to Mar 30, 2023
  • Advisory employees · 5 to 3
    Mar 22, 2022 to Mar 30, 2023
  • Corporate clients · unset to 7.0
    Mar 22, 2022 to Mar 30, 2023
  • HNW clients · 216 to 235
    Mar 22, 2022 to Mar 30, 2023
  • Individual clients · 187 to 210
    Mar 22, 2022 to Mar 30, 2023
Signals
13 dated events
  • S•••••• V••••• C•••••• P•••••••• L••• reported RAUM $1.1B, up 26% from $860.4M (2024-09-30 to 2025-02-28)
    Feb 28, 2025 · RAUM change · derived
  • Panagiota Perlegos (Chief Compliance Officer) no longer on Schedule A of S•••••• V••••• C•••••• P•••••••• L••• (listed 2024-03-26, absent 2024-09-30)
    Sep 30, 2024 · Control person left · inference
  • H•••• S••••• R••• left S•••••• V••••• C•••••• P•••••••• L••• for G•••••• B••••• L•• (registered 2024-08-23)
    May 24, 2024 · Advisor changed firm · fact
  • S•••••• V••••• C•••••• P•••••••• L••• reported RAUM $860.4M, up 36% from $634.2M (2023-03-30 to 2024-03-26)
    Mar 26, 2024 · RAUM change · derived
  • O••••• V• Y••••••••• left S•••••• V••••• C•••••• P•••••••• L••• for F••••••• P••••••• A•• W•••••••• A••••••• (registered 2023-09-19)
    Jun 27, 2023 · Advisor changed firm · fact
  • Panagiota Perlegos (Chief Compliance Officer) appeared on Schedule A of S•••••• V••••• C•••••• P•••••••• L•••
    Mar 30, 2023 · Control person joined · fact
  • Lee Cynthia Combs (Chief Executive Officer) appeared on Schedule A of S•••••• V••••• C•••••• P•••••••• L•••
    Mar 30, 2023 · Control person joined · fact
  • Jung Kathy Lee (Chief Risk Officer) no longer on Schedule A of S•••••• V••••• C•••••• P•••••••• L••• (listed 2022-03-22, absent 2023-03-30)
    Mar 30, 2023 · Control person left · inference
  • K•••• J••• L•• left S•••••• V••••• C•••••• P•••••••• L••• for F••••••• P••••••• A•• W•••••••• A••••••• (registered 2022-10-28)
    Jun 13, 2022 · Advisor changed firm · fact
  • L••• M•••• P•••••••• left S•••••• V••••• C•••••• P•••••••• L••• for M••••• G••••• A••••••• I••• (registered 2022-11-09)
    Jun 2, 2022 · Advisor changed firm · fact
  • S•••••• V••••• C•••••• P•••••••• L••• reported RAUM $845.3M, up 33% from $637.8M (2021-03-26 to 2022-03-22)
    Mar 22, 2022 · RAUM change · derived
  • S•••••• V••••• C•••••• P•••••••• L••• reported RAUM $637.8M, up 34% from $477.2M (2020-06-30 to 2021-03-26)
    Mar 26, 2021 · RAUM change · derived
  • S•••••• V••••• C•••••• P•••••••• L••• reported RAUM $477.2M, up 27% from $374.6M (2019-03-29 to 2020-03-26)
    Mar 26, 2020 · RAUM change · derived
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
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
408-236-7300reportedpublic record, Form ADV, Mar 20, 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
$258Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026