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.
SEC-registered adviser
Korhorn Financial Group
Legal name Kfg Wealth Management, LLC
Latest filing Mar 31, 2026
First filing on the tape Dec 12, 2011 · 42 filings
SEC status approved since Jan 2, 2014
RAUM
$1.2B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
92%
$1.1B individuals and HNW
Advisors
49
registered through the firm on IAPD
RAUM per advisor
$23.5M
derived; firm RAUM over IAPD count
Employees
113
42 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$1.2B as of Mar 31, 2026
Jan 27, 2012$75.5M then
HNW client RAUM$740M as of Mar 31, 2026
Mar 30, 2019$121M then
State-registered IARs (5.B.3)45 as of Mar 31, 2026
Feb 11, 201410 then
Employees (5.A)113 as of Mar 31, 2026
Feb 11, 201415 then
Private funds: no history
RAUM +23% over the last fiscal year+25% a year over threeIARs 41 to 45
Practice profile
derived from the filing of Mar 31, 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
- 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
- $23.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 47derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.7MderivedHNW RAUM over HNW clients
- Average account
- $195,978derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 7.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.3derivedItem 5.A over advisors
- Advisors per office
- 9.8derived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- +23%derivedbetween the last two annual amendments
- Advisor growth, one year
- +9.8%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +7.8%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
- Financial planning clients
- 1,000reportedItem 5.H
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $271M, 480 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)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$740M64%
- Individuals$320M28%
- Pension and profit-sharing plans$81.5M7.1%
- Charitable organizations$9.6M0.8%
- Corporations and businesses$2.0M0.2%
- Individual clients
- 1,873reported
- HNW clients
- 430reported
- Pension plan clients
- 17reported
- Charitable clients
- 12reported
- Accounts
- 5,880reported
- Financial planning clients
- 1,000reported
- Wrap fee programs
- $0 sponsored, $10.1M managedreported
- Custody of client assets
- $271M for 480 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
49 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Paul BernardCertified Financial Planner, Chartered Financial Consultant | Granger, In | Jan 7, 2022 | 23 y | 1 |
| Kevin Sidney KorhornCertified Financial Planner, Chartered Financial Consultant | Granger, In | Jan 7, 2022 | 32 y | 3 |
| Amy Nicole MastersCertified Financial Planner, Chartered Financial Consultant | Granger, In | Jan 7, 2022 | 12 y | 1 |
| Benjamin Thurston DebockCertified Financial Planner, Chartered Financial Consultant | Granger, In | Jan 7, 2022 | 12 y | 1 |
| William Carl MockCertified Financial Planner, Chartered Financial Consultant | Nappanee, In | Jan 7, 2022 | 24 y | 2 |
| Corey James JohnsonCertified Financial Planner | Granger, In | Jan 7, 2022 | 10 y | 1 |
| Joshua David GregoryCertified Financial Planner, Chartered Financial Consultant | Granger, In | Jan 9, 2022 | 24 y | 2 |
| Fredrick James Anderson | Bremen, In | Jan 10, 2022 | 24 y | 2 |
| Jared D MoxnessCertified Financial Planner | Niles, Mi | Jan 10, 2022 | 11 y | 1 |
| Brendon Keith HandyCertified Financial Planner, Chartered Financial Consultant | Granger, In | Jan 10, 2022 | 10 y | 1 |
| Matthew Christopher Nels HokeCertified Financial Planner, Chartered Financial Consultant | Granger, In | Jan 10, 2022 | 22 y | 3 |
| Zachary Evan BroadwickCertified Financial Planner | Nappanee, In | Jan 10, 2022 | 24 y | 1 |
| Benjamin M ChambersCertified Financial Planner | Granger, In | Jan 10, 2022 | 11 y | 1 |
| Diana Dimian | Granger, In | Jan 12, 2022 | 11 y | 1 |
| Summer Lee HathawayCertified Financial Planner | Granger, In | Jan 12, 2022 | 18 y | 2 |
| Allegrita P Ashenfelter | Edwardsburg, Mi | Jan 12, 2022 | 20 y | 1 |
| Holden Xavier PriceCertified Financial Planner, Chartered Financial Consultant | Granger, In | Jan 31, 2022 | 14 y | 0 |
| Brandon James StollerCertified Financial Planner | Granger, In | Apr 11, 2022 | 10 y | 1 |
| Michael FritschiCertified Financial Planner, Chartered Financial Consultant | Edwardsburg, Mi | Jun 6, 2022 | 10 y | 0 |
| Joshua Paul Korhorn | Granger, In | Aug 9, 2022 | 14 y | 0 |
| Tayler CizewskiCertified Financial Planner, Chartered Financial Consultant | Niles, Mi | Aug 10, 2022 | 10 y | 3 |
| Rachel Sarber-Fritschi | Granger, In | Sep 7, 2022 | 10 y | 0 |
| Joshua Joel FritzkeCertified Financial Planner | Granger, In | Dec 7, 2022 | 15 y | 1 |
| Elijah Edward ThomasCertified Financial Planner | Granger, In | Feb 3, 2023 | 14 y | 0 |
| Jared Scott MillerCertified Financial Planner | Granger, In | Feb 17, 2023 | 13 y | 3 |
| Eric Allen WoodCertified Financial Planner | Granger, In | Jul 17, 2023 | 13 y | 0 |
| Caleb James Korhorn | Granger, In | Aug 10, 2023 | 13 y | 0 |
| Benjamin James Bulgrien | Granger, In | Oct 4, 2023 | 11 y | 0 |
| Bradley Milinko SimichCertified Financial Planner, Chartered Financial Consultant | Edwardsburg, Mi | Nov 3, 2023 | 18 y | 3 |
| Jason Wade Matthews | Granger, In | Nov 3, 2023 | 12 y | 1 |
| Caden Riley Goggins | Granger, In | May 6, 2024 | 12 y | 0 |
| Jackson Taylor | Granger, In | Jul 29, 2024 | 12 y | 0 |
| Tyler Craig Holder | Granger, In | Jul 29, 2024 | 10 y | 0 |
| James Pavel Baklashev | Granger, In | Dec 17, 2024 | 12 y | 0 |
| Andrew Jefferson Daigneau | Granger, In | Jan 1, 2025 | 10 y | 0 |
| Jeffrey David Jankowski | Granger, In | Feb 26, 2025 | 29 y | 0 |
| Regan Elizabeth Ramirez | Granger, In | Mar 12, 2025 | 11 y | 0 |
| Gillian Marie Allen | Granger, In | Sep 25, 2025 | 10 y | 0 |
| Kimberly K Polsgrove | Granger, In | Oct 6, 2025 | 15 y | 0 |
| Michael Hostetler | Granger, In | Oct 9, 2025 | 12 y | 0 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 2.0% of current headcount2 left over 36 months
Left, latest
- Tanner Michael Watson to Walter Keenan Wealth ManagementJan 27, 2026 · RIA to RIA
- Kaleb John Parrett to Empower Advisory Group, LLCApr 24, 2025 · RIA to affiliated broker-dealer or bank
- Lance Christian Ludwig to Kingdom FinancialAug 14, 2023 · RIA to a state-registered adviser
- Jacob Aaron Kersey to Choreo, LLCOct 17, 2022 · RIA to RIA
- Janelle Stclair to Securian Financial Services, Inc.Oct 6, 2022 · RIA to RIA
- Samuel Christopher Ellsworth to Money Concepts Advisory ServiceApr 18, 2022 · RIA to affiliated broker-dealer or bank
- Randolph Earl Railey to Silver Oak Securities, Inc.Sep 3, 2021 · RIA to affiliated broker-dealer or bank
- Octavian Tuturu Sayumwe to Sym Financial AdvisorsFeb 15, 2021 · RIA to RIA
- Jacob Phelps to Bonfire Financial, LLCNov 20, 2020 · RIA to RIA
- Nicolas Adam Chaput to LPL Financial LLCFeb 13, 2019 · RIA to RIA
- Evan Timothy Stark to Sym Financial AdvisorsJul 16, 2018 · RIA to RIA
- Jared Scott Miller to Harbour Investments, Inc.Dec 1, 2016 · Other
- Joseph David Gastaldi to Greenleaf AdvisorsAug 31, 2015 · Other
- Daniel Lee Holden to Td Ameritrade, Inc.Dec 3, 2013 · Other
- Matthew James Meek to Avantax Advisory ServicesNov 19, 2013 · Other
Joined, latest
- Anthony James Navarro from Nomadic WealthJan 15, 2026 · Other
- Bradley Milinko Simich from Gradient Advisors, LLCNov 3, 2023 · RIA to RIA
- Jared Scott Miller from Avantax Advisory ServicesFeb 17, 2023 · Affiliated broker-dealer or bank to independent RIA
- Tayler Cizewski from Charles Schwab & Co., Inc.Aug 10, 2022 · Affiliated broker-dealer or bank to independent RIA
- Brandon James Stoller from Wayfinder Financial LLCApr 11, 2022 · Other
- Randolph Earl Railey from Avantax Advisory ServicesJan 28, 2021 · Affiliated broker-dealer or bank to independent RIA
- Lance Christian Ludwig from Securities America Advisors, Inc.Jun 7, 2017 · Other
- Nicolas Adam Chaput from Compass Financial Advisors LLCDec 1, 2016 · Other
- Summer Lee Hathaway from Securities America Advisors, Inc.Nov 20, 2013 · Other
- William Carl Mock from Ameriprise Financial Services, LLCOct 24, 2013 · Other
- Joseph David Gastaldi from Lakeside Wealth Management Group, LLCOct 16, 2013 · Other
- Fredrick James Anderson from Osaic Fa, Inc.Jul 11, 2011 · Other
- Matthew Christopher Nels Hoke from Natcity Investments, Inc.Sep 17, 2010 · Other
- Beth Ann Andrews from Securities America Advisors, Inc.May 5, 2004 · Other
- Kevin Sidney Korhorn from Securities America Advisors, Inc.Apr 15, 2004 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Paul Michael Bernard · Vice President, Secretarycontrolsince 01/2015 · owns less than 5%
- David Joshua Gregory · Vice President, Treasurercontrolsince 01/2015 · owns less than 5%
- Sidney Kevin Korhorn · President, Chief Compliance Officercontrolsince 09/2002 · owns less than 5%
- Sidney Kevin Korhorn · President/Ownercontrolsince 01/2007 · owns 75% or more of Korhorn Financial Group, Inc.
- Paul Michael Bernard · Ownersince 01/2015 · owns F of Korhorn Financial Group, Inc.
- David Joshua Gregory · Ownersince 01/2015 · owns F of Korhorn Financial Group, Inc.
Entity owners
- Korhorn Financial Group, Inc. · Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
- Kfg Insurance Agency, LLCreal estaten
- Kfg Tax And Business Services, LLCinsurancen
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Granger, In · principal | 49 | 12 | 1 | ||
| Edwardsburg, Mi | 11 | 2 | 0 | ||
| Nappanee, In | 4 | 1 | 0 | ||
| Niles, Mi | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Edwardsburg, MI12 employees
- Niles, MI4 employees
- Nappanee, IN3 employees
- Bremen, IN1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- HNW share shiftChange between filings · filing Mar 31, 2026HNW share of RAUM moved from 47.0% to 64.0% between the annual amendments of 2025-03-19 and 2026-03-31peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 5,478 to 5,880Dec 15, 2025 to Mar 31, 2026
- Advisory employees · 41 to 42Dec 15, 2025 to Mar 31, 2026
- BD registered reps · 2 to 3Dec 15, 2025 to Mar 31, 2026
- Corporate clients · 6 to 7Dec 15, 2025 to Mar 31, 2026
- HNW clients · 242 to 430Dec 15, 2025 to Mar 31, 2026
- Individual clients · 1,895 to 1,873Dec 15, 2025 to Mar 31, 2026
- Pension plan clients · 86 to 17Dec 15, 2025 to Mar 31, 2026
- Assets in custody · $264M to $271MDec 15, 2025 to Mar 31, 2026
- Employees · 90 to 113Dec 15, 2025 to Mar 31, 2026
- State-registered IARs · 41 to 45Dec 15, 2025 to Mar 31, 2026
- Discretionary RAUM · $917M to $1.1BDec 15, 2025 to Mar 31, 2026
- HNW RAUM · $436M to $740MDec 15, 2025 to Mar 31, 2026
- Individual RAUM · $417M to $320MDec 15, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $17.1M to $23.5MDec 15, 2025 to Mar 31, 2026
- Pension RAUM · $72.8M to $81.5MDec 15, 2025 to Mar 31, 2026
- RAUM · $935M to $1.2BDec 15, 2025 to Mar 31, 2026
- Wrap assets (manager) · $7.2M to $10.1MDec 15, 2025 to Mar 31, 2026
- Financial planning clients · More than 500 to More than 500Mar 19, 2025 to Jul 15, 2025
- Accounts · 5,272 to 5,478Nov 7, 2024 to Mar 19, 2025
- Advisory employees · 37 to 41Nov 7, 2024 to Mar 19, 2025
- BD registered reps · 1 to 2Nov 7, 2024 to Mar 19, 2025
- Charity clients · 9 to 12Nov 7, 2024 to Mar 19, 2025
- Corporate clients · 5 to 6Nov 7, 2024 to Mar 19, 2025
- HNW clients · 241 to 242Nov 7, 2024 to Mar 19, 2025
- Individual clients · 1,762 to 1,895Nov 7, 2024 to Mar 19, 2025
- Pension plan clients · 77 to 86Nov 7, 2024 to Mar 19, 2025
- Assets in custody · $325M to $264MNov 7, 2024 to Mar 19, 2025
- Employees · 75 to 90Nov 7, 2024 to Mar 19, 2025
- State-registered IARs · 37 to 41Nov 7, 2024 to Mar 19, 2025
- Discretionary RAUM · $724M to $917MNov 7, 2024 to Mar 19, 2025
- HNW RAUM · $366M to $436MNov 7, 2024 to Mar 19, 2025
- Individual RAUM · $309M to $417MNov 7, 2024 to Mar 19, 2025
- Non-discretionary RAUM · $15.4M to $17.1MNov 7, 2024 to Mar 19, 2025
- Pension RAUM · $55.0M to $72.8MNov 7, 2024 to Mar 19, 2025
- RAUM · $739M to $935MNov 7, 2024 to Mar 19, 2025
- Wrap assets (manager) · $4.1M to $7.2MNov 7, 2024 to Mar 19, 2025
- Accounts · 4,673 to 5,272Mar 14, 2023 to Mar 26, 2024
- Advisory employees · 34 to 37Mar 14, 2023 to Mar 26, 2024
- Charity clients · 8 to 9Mar 14, 2023 to Mar 26, 2024
- Corporate clients · unset to 5.0Mar 14, 2023 to Mar 26, 2024
Signals
10 dated events
- Tanner Michael Watson left Korhorn Financial Group for Walter Keenan Wealth Management (registered 2026-02-05)Jan 27, 2026 · Advisor changed firm · fact
- Kaleb John Parrett left Korhorn Financial Group for Empower Advisory Group, Llc (registered 2026-07-22)Apr 24, 2025 · Advisor changed firm · fact
- Korhorn Financial Group reported RAUM $934.5M, up 26% from $739.4M (2024-11-07 to 2025-03-19)Mar 19, 2025 · RAUM change · derived
- Lance Christian Ludwig left Korhorn Financial Group for Kingdom Financial (registered 2023-10-02)Aug 14, 2023 · Advisor changed firm · fact
- Jacob Aaron Kersey left Korhorn Financial Group for Choreo, Llc (registered 2022-10-31)Oct 17, 2022 · Advisor changed firm · fact
- Janelle Stclair left Korhorn Financial Group for Securian Financial Services, Inc. (registered 2023-01-19)Oct 6, 2022 · Advisor changed firm · fact
- Samuel Christopher Ellsworth left Korhorn Financial Group for Money Concepts Advisory Service (registered 2022-05-02)Apr 18, 2022 · Advisor changed firm · fact
- Korhorn Financial Group reported RAUM $653.3M, up 27% from $513.6M (2022-01-07 to 2022-03-28)Mar 28, 2022 · RAUM change · derived
- Korhorn Financial Group reported RAUM $513.6M, up 45% from $353.1M (2021-01-25 to 2021-03-26)Mar 26, 2021 · RAUM change · derived
- Kfg Wealth Management, Llc filed its initial SEC registration (Form ADV)Dec 3, 2013 · 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
- 574-247-5898reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/korhorn-financial-group-inc-reportedpublic record, Form ADV, Sep 17, 2026
- Website
- KORHORN.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 574-247-5898reportedpublic record, Form ADV, Mar 31, 2026
- Team page
- korhorn.com/teamreportedpublished 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
- $23.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026