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••••• F•••••••• A•• R••••• A•••••

Independent wealth managerCRD 126404SEC 801-120896websiteIAPD
Legal name M••••••• K•••• D•••••
Latest filing Mar 19, 2026
First filing on the tape Mar 23, 2021 · 8 filings
SEC status approved since Apr 26, 2021
RAUM
$40.7M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$37.8M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$20.4M
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
8 filings and snapshots on the tape
RAUM$40.7M as of Mar 19, 2026
Mar 16, 2022$36.3M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 19, 2026
Mar 16, 20221 then
Employees (5.A)2 as of Mar 19, 2026
Mar 16, 20222 then
Private funds: no history
RAUM +17% over the last fiscal year+13% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 19, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$20.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
42derivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$468,257derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.2%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
+17%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Wrap fee program
$40.7MreportedItem 5.I
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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$37.8M93%
  • Pension and profit-sharing plans$2.9M7.2%
Individual clients
83reported
HNW clients
0reported
Pension plan clients
4reported
Charitable clients
0reported
Accounts
87reported
Financial planning clients
11-25reported
Wrap fee programs
$40.7M sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.07 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•••• D••••• M••••••Orchard Park, NyNov 30, 202137 y0
C•••••• E• M•••••••Certified Financial PlannerOrchard Park, NyDec 1, 202118 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
      • M••••••• K••••• D••••• · Sole Proprietor And Ccocontrol
        since 06/1990 · 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
      Orchard Park, Ny200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $34.7M to $40.7M
        Feb 27, 2025 to Mar 19, 2026
      • Individual RAUM · $32.1M to $37.8M
        Feb 27, 2025 to Mar 19, 2026
      • Pension RAUM · $2.7M to $2.9M
        Feb 27, 2025 to Mar 19, 2026
      • RAUM · $34.7M to $40.7M
        Feb 27, 2025 to Mar 19, 2026
      • Wrap assets (sponsor) · $34.7M to $40.7M
        Feb 27, 2025 to Mar 19, 2026
      • Accounts · 88 to 87
        Mar 22, 2024 to Feb 27, 2025
      • Individual clients · 85 to 83
        Mar 22, 2024 to Feb 27, 2025
      • Pension plan clients · 3 to 4
        Mar 22, 2024 to Feb 27, 2025
      • Financial planning clients · 11-25 to 11-25
        Mar 22, 2024 to Feb 27, 2025
      • HQ city · unset to
        Mar 22, 2024 to Feb 27, 2025
      • HQ state · unset to
        Mar 22, 2024 to Feb 27, 2025
      • Discretionary RAUM · $31.8M to $34.7M
        Mar 22, 2024 to Feb 27, 2025
      • Individual RAUM · $29.7M to $32.1M
        Mar 22, 2024 to Feb 27, 2025
      • Pension RAUM · $2.1M to $2.7M
        Mar 22, 2024 to Feb 27, 2025
      • RAUM · $31.8M to $34.7M
        Mar 22, 2024 to Feb 27, 2025
      • Wrap assets (sponsor) · $31.8M to $34.7M
        Mar 22, 2024 to Feb 27, 2025
      • Accounts · 92 to 88
        Mar 23, 2023 to Mar 22, 2024
      • Advisory activities · 3 to 2
        Mar 23, 2023 to Mar 22, 2024
      • Individual clients · 89 to 85
        Mar 23, 2023 to Mar 22, 2024
      • Discretionary RAUM · $28.3M to $31.8M
        Mar 23, 2023 to Mar 22, 2024
      • Individual RAUM · $26.8M to $29.7M
        Mar 23, 2023 to Mar 22, 2024
      • Pension RAUM · $1.5M to $2.1M
        Mar 23, 2023 to Mar 22, 2024
      • RAUM · $28.3M to $31.8M
        Mar 23, 2023 to Mar 22, 2024
      • Wrap assets (sponsor) · $28.3M to $31.8M
        Mar 23, 2023 to Mar 22, 2024
      • Accounts · 95 to 92
        Mar 16, 2022 to Mar 23, 2023
      • Individual clients · 92 to 89
        Mar 16, 2022 to Mar 23, 2023
      • Discretionary RAUM · $36.3M to $28.3M
        Mar 16, 2022 to Mar 23, 2023
      • Individual RAUM · $34.5M to $26.8M
        Mar 16, 2022 to Mar 23, 2023
      • Pension RAUM · $1.8M to $1.5M
        Mar 16, 2022 to Mar 23, 2023
      • RAUM · $36.3M to $28.3M
        Mar 16, 2022 to Mar 23, 2023
      • Wrap assets (sponsor) · $36.3M to $28.3M
        Mar 16, 2022 to Mar 23, 2023
      • Accounts · 92 to 95
        Apr 16, 2021 to Mar 16, 2022
      • Individual clients · 89 to 92
        Apr 16, 2021 to Mar 16, 2022
      • Discretionary RAUM · $31.0M to $36.3M
        Apr 16, 2021 to Mar 16, 2022
      • Individual RAUM · $29.1M to $34.5M
        Apr 16, 2021 to Mar 16, 2022
      • Pension RAUM · $1.8M to $1.8M
        Apr 16, 2021 to Mar 16, 2022
      • RAUM · $31.0M to $36.3M
        Apr 16, 2021 to Mar 16, 2022
      • Wrap assets (sponsor) · $31.0M to $36.3M
        Apr 16, 2021 to Mar 16, 2022
      Signals
      1 dated events
      • S••••• F•••••••• A•• R••••• A••••• filed its initial SEC registration (Form ADV)
        Mar 23, 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 phone
      716-662-4470reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/S•••••-FINANCIAL-&-TAX-A••••IATESreportedpublic record, Form ADV, Sep 19, 2026
      Website
      SFTAWEB.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      716-662-4470reportedpublic record, Form ADV, Mar 19, 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
      $20.4Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026