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

K••••••• A•• A••••••••• L••

Independent wealth managerNew York, New YorkCRD 125618SEC 801-67783websiteIAPD
Latest filing May 1, 2026
First filing on the tape Mar 19, 2012 · 43 filings
SEC status approved since Apr 17, 2007
RAUM
$5.7B
reported, Item 5.F
Discretionary
73%
of RAUM
Private clients
78%
$4.4B individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$629M
derived; firm RAUM over IAPD count
Employees
25
14 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$5.7B as of May 1, 2026
Mar 19, 2012$671M then
HNW client RAUM$4.3B as of May 1, 2026
Mar 3, 2018$1.7B then
State-registered IARs (5.B.3)8 as of May 1, 2026
Mar 19, 20120 then
Employees (5.A)25 as of May 1, 2026
Mar 25, 201314 then
Private funds: no history
RAUM +17% over the last fiscal year+27% a year over threeIARs 8 to 8
Practice profile
derived from the filing of May 1, 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
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$629MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
78derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$9.5MderivedHNW RAUM over HNW clients
Average account
$1.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
73%derivedof RAUM
Institutional
22%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.8derivedItem 5.A over advisors
Advisors per office
9.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.5%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 5.G
Financial planning clients
704reportedItem 5.H
Custody
$355M, 21 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$4.3B77%
  • Pension and profit-sharing plans$1.2B21%
  • Individuals$98.9M1.7%
  • Charitable organizations$26.0M0.5%
Individual clients
248reported
HNW clients
456reported
Pension plan clients
3reported
Charitable clients
2reported
Accounts
3,532reported
Financial planning clients
704reported
Wrap fee programs
noreported
Custody of client assets
$355M for 21 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.78 fund_share=0.0 institutional_share=0.22 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
G••••• A••••• K•••••••Certified Financial Planner, Chartered Financial ConsultantNew York, NyMay 2, 200742 y0
C•••• L•••Certified Financial PlannerNew York, NyMar 10, 201727 y0
M••••••• L••• M•••••••Certified Financial PlannerNew York, NyJun 1, 202114 y1
S••• S•••••Chartered Financial AnalystNew York, NyJun 1, 202113 y2
M•••••• D•••• P••••New York, NyJun 17, 202112 y0
T••••• J••••• K•••••••New York, NyJun 17, 202116 y0
J••••• F•••• K•••New York, NyAug 4, 202110 y0
D•••••• D••••••New York, NyMar 10, 202513 y2
D••••• M•••••• D••••••Chartered Financial AnalystNew York, NyJul 7, 202613 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D••••••• D•••••• M•••••• · Director Of Investmentscontrol
    since 01/2022 · owns 10% to 25%
  • K•••••••• G•••••• A••••• · President/Managing Membercontrol
    since 03/2001 · owns 50% to 75%
  • K•••••••• T•••••• J••••• · Wealth Advisorcontrol
    since 01/2022 · owns 10% to 25%
  • P••••• M••••••• D•••• · Chief Compliance Officer/Chief Operating Officercontrol
    since 11/2014 · owns 10% to 25%
Related persons
Schedule D 7.A
  • K••••••• R••• M••••••••• L••
    real estatey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New York, Ny · principal910
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 May 1, 2026
    D••••••• D•••••• M•••••• (DIRECTOR OF INVESTMENTS) left Schedule A between the filings of 2022-03-18 and 2026-05-01
    peers: independent wealth managers, $5B to $20B (289)
What changed
consecutive filings, newest first
  • Accounts · 3,132 to 3,532
    Mar 20, 2025 to Mar 19, 2026
  • HNW clients · 407 to 456
    Mar 20, 2025 to Mar 19, 2026
  • Assets in custody · $332M to $355M
    Mar 20, 2025 to Mar 19, 2026
  • Financial planning clients · 251-500 to More than 500
    Mar 20, 2025 to Mar 19, 2026
  • Discretionary RAUM · $3.5B to $4.1B
    Mar 20, 2025 to Mar 19, 2026
  • HNW RAUM · $3.6B to $4.3B
    Mar 20, 2025 to Mar 19, 2026
  • Individual RAUM · $67.1M to $98.9M
    Mar 20, 2025 to Mar 19, 2026
  • Non-discretionary RAUM · $1.4B to $1.5B
    Mar 20, 2025 to Mar 19, 2026
  • Pension RAUM · $1.1B to $1.2B
    Mar 20, 2025 to Mar 19, 2026
  • RAUM · $4.8B to $5.7B
    Mar 20, 2025 to Mar 19, 2026
  • Accounts · 2,791 to 3,132
    Mar 14, 2024 to Mar 20, 2025
  • Advisory employees · 12 to 14
    Mar 14, 2024 to Mar 20, 2025
  • Charity clients · 3 to 2
    Mar 14, 2024 to Mar 20, 2025
  • HNW clients · 363 to 407
    Mar 14, 2024 to Mar 20, 2025
  • Pension plan clients · 2 to 3
    Mar 14, 2024 to Mar 20, 2025
  • Assets in custody · $383M to $332M
    Mar 14, 2024 to Mar 20, 2025
  • Employees · 22 to 25
    Mar 14, 2024 to Mar 20, 2025
  • Financial planning clients · 251-500 to 251-500
    Mar 14, 2024 to Mar 20, 2025
  • State-registered IARs · 7 to 8
    Mar 14, 2024 to Mar 20, 2025
  • Discretionary RAUM · $3.0B to $3.5B
    Mar 14, 2024 to Mar 20, 2025
  • HNW RAUM · $3.1B to $3.6B
    Mar 14, 2024 to Mar 20, 2025
  • Individual RAUM · $105M to $67.1M
    Mar 14, 2024 to Mar 20, 2025
  • Non-discretionary RAUM · $276M to $1.4B
    Mar 14, 2024 to Mar 20, 2025
  • Pension RAUM · $7.8M to $1.1B
    Mar 14, 2024 to Mar 20, 2025
  • RAUM · $3.3B to $4.8B
    Mar 14, 2024 to Mar 20, 2025
  • Accounts · 2,590 to 2,791
    Dec 12, 2023 to Mar 14, 2024
  • Advisory employees · 13 to 12
    Dec 12, 2023 to Mar 14, 2024
  • Charity clients · 2 to 3
    Dec 12, 2023 to Mar 14, 2024
  • HNW clients · 332 to 363
    Dec 12, 2023 to Mar 14, 2024
  • Pension plan clients · 4 to 2
    Dec 12, 2023 to Mar 14, 2024
  • Assets in custody · $402M to $383M
    Dec 12, 2023 to Mar 14, 2024
  • Discretionary RAUM · $2.5B to $3.0B
    Dec 12, 2023 to Mar 14, 2024
  • HNW RAUM · $2.6B to $3.1B
    Dec 12, 2023 to Mar 14, 2024
  • Individual RAUM · $101M to $105M
    Dec 12, 2023 to Mar 14, 2024
  • Non-discretionary RAUM · $254M to $276M
    Dec 12, 2023 to Mar 14, 2024
  • Pension RAUM · $6.7M to $7.8M
    Dec 12, 2023 to Mar 14, 2024
  • RAUM · $2.8B to $3.3B
    Dec 12, 2023 to Mar 14, 2024
  • Accounts · 2,343 to 2,590
    Nov 30, 2022 to Mar 8, 2023
  • Advisory employees · 12 to 13
    Nov 30, 2022 to Mar 8, 2023
  • Charity clients · unset to 2.0
    Nov 30, 2022 to Mar 8, 2023
Signals
4 dated events
  • K••••••• A•• A••••••••• L•• reported RAUM $4.8B, up 48% from $3.3B (2024-03-14 to 2025-03-20)
    Mar 20, 2025 · RAUM change · derived
  • Joseph Thomas Klingman (Wealth Advisor) appeared on Schedule A of K••••••• A•• A••••••••• L••
    Mar 18, 2022 · Control person joined · fact
  • Michael Daniel Delmoro (Director Of Investments) appeared on Schedule A of K••••••• A•• A••••••••• L••
    Mar 18, 2022 · Control person joined · fact
  • K••••••• A•• A••••••••• L•• reported RAUM $2.7B, up 27% from $2.1B (2020-11-27 to 2021-03-10)
    Mar 10, 2021 · 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
Business phone
212-867-7647reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/972321/adminreportedpublic record, Form ADV, Sep 18, 2026
Website
K•••••••RIA.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
212-867-7647reportedpublic record, Form ADV, May 1, 2026
Contact form
k•••••••••.comreportedpublished by the firm, firm site, Sep 15, 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
$629Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026