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

O•••••• C•••••• M••••••••• L••

Other adviserO••••••, PennsylvaniaCRD 128939SEC 801-71287websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 30, 2012 · 32 filings
SEC status approved since Apr 6, 2010
RAUM
$3.1B
reported, Item 5.F
Discretionary
17%
of RAUM
Private clients
16%
$499M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$309M
derived; firm RAUM over IAPD count
Employees
19
16 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$3.1B as of Mar 30, 2026
Mar 30, 2012$100M then
HNW client RAUM$453M as of Mar 30, 2026
Mar 29, 2018$177M then
State-registered IARs (5.B.3)10 as of Mar 30, 2026
Mar 30, 20120 then
Employees (5.A)19 as of Mar 30, 2026
Mar 27, 20135 then
Private funds1 as of Mar 30, 2023
Mar 30, 20122 then
RAUM +390% over the last fiscal year+89% a year over threeIARs 6 to 10offices 2 to 1
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
RAUM per advisor
$309MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
29derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.9MderivedHNW RAUM over HNW clients
Average account
$3.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
17%derivedof RAUM
Institutional
61%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
5.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+390%derivedbetween the last two annual amendments
Advisor growth, one year
+67%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.8%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Custody
$596,512, 4 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)
  • 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
  • Charitable organizations$1.1B34%
  • Pension and profit-sharing plans$763M25%
  • Corporations and businesses$718M23%
  • High-net-worth individuals$453M15%
  • State and municipal entities$47.8M1.5%
  • Individuals$45.8M1.5%
Individual clients
169reported
HNW clients
117reported
Pension plan clients
5reported
Charitable clients
8reported
Accounts
994reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$596,512 for 4 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.16 fund_share=0.0 institutional_share=0.61 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L••••••• J•• K••••••Chartered Financial AnalystO••••••, PaJan 20, 200430 y0
T••••• S•••• T•••••••O••••••, PaMay 4, 200945 y2
M•••••• G••••• L••••••O••••••, PaApr 8, 201040 y0
G••• M•••• K••••••O••••••, PaDec 9, 201627 y1
K••• R•••••• R••••••Chartered Financial AnalystO••••••, PaMay 5, 202111 y0
M•••••• T••••• K•••••••O••••••, PaAug 7, 202314 y0
P•••••• W•••••• F•••••Chartered Financial AnalystPittsburgh, Pa Oct 14, 202525 y2
J•••• E••••• K•••Chartered Financial AnalystPittsburgh, Pa Oct 14, 202541 y1
D••••• K•••• D•••Chartered Financial AnalystPittsburgh, Pa Oct 14, 202534 y1
N••••• D•••• G•••••O••••••, PaMar 30, 202612 y0
Advisor movement
0 left, 3 joined in 12 months
net +3 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
2 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
H••••• F•••• L•no longer reportedHedge Fund$225,3433Mar 30, 2012
O•••••• O••••••••• F•••• L•no longer reportedHedge Fund$214,3666Mar 30, 2012
Owners and control persons
Schedule A and B, latest filing
  • K••••••• L•••••••• J•• · Managing Membercontrol
    since 06/2002 · owns 75% or more
  • K••••••• G•••• M•••• · Chief Compliance Officercontrol
    since 01/2018 · owns less than 5%
  • D•••••• M•••• C••••••••• · Member/Passive
    since 03/2006 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
O••••••, Pa · principal1040
Pittsburgh, Pa330
Offices
Schedule D 1.F, the 25 largest
  • Naples, FL1 employees
  • Washington, DC1 employees
ADV anomalies
9 against comparable advisers; where to look, not conclusions
  • RAUM up clients flatCombination · filing Mar 30, 2026
    RAUM grew 50 percent or more while private clients stayed within 5 percent: existing clients grew, a few large clients arrived, or a reporting change. RAUM $630,551,738 to $3,086,575,180, advisors 6 to 10, private clients 273 to 286, offices 2 to 1 (2025-03-27 to 2026-03-30)
    peers: other advisers, $1B to $5B (247)
  • wealth to institutional shiftCombination · filing Mar 30, 2026
    private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $630,551,738 to $3,086,575,180, advisors 6 to 10, private clients 273 to 286, offices 2 to 1 (2025-03-27 to 2026-03-30)
    peers: other advisers, $1B to $5B (247)
  • advisor count surgeChange between filings · filing Mar 30, 2026
    advisory representatives (Item 5.B.3) moved from 6.0 to 10.0 (+67.0%) between the annual amendments of 2025-03-27 and 2026-03-30; the peer median change was 0.0% (44 comparable advisers, 95.0th percentile of changes)
    peers: other advisers, $1B to $5B (44) · 95% percentile
  • client mix shiftChange between filings · filing Mar 30, 2026
    private-client share of RAUM moved from 71.0% to 16.0% between the annual amendments of 2025-03-27 and 2026-03-30
    peers: other advisers, $1B to $5B (247)
  • discretionary share shiftChange between filings · filing Mar 30, 2026
    discretionary share of RAUM moved from 75.0% to 17.0% between the annual amendments of 2025-03-27 and 2026-03-30
    peers: other advisers, $1B to $5B (247)
  • employee count surgeChange between filings · filing Mar 30, 2026
    employees (Item 5.A) moved from 10.0 to 19.0 (+90.0%) between the annual amendments of 2025-03-27 and 2026-03-30; the peer median change was 0.0% (152 comparable advisers, 100.0th percentile of changes)
    peers: other advisers, $1B to $5B (152) · 100% percentile
  • HNW share shiftChange between filings · filing Mar 30, 2026
    HNW share of RAUM moved from 64.0% to 15.0% between the annual amendments of 2025-03-27 and 2026-03-30
    peers: other advisers, $1B to $5B (247)
  • institutional asset share shiftChange between filings · filing Mar 30, 2026
    institutional share of RAUM moved from 29.0% to 84.0% between the annual amendments of 2025-03-27 and 2026-03-30
    peers: other advisers, $1B to $5B (247)
  • RAUM up 50 %Change between filings · filing Mar 30, 2026
    RAUM (Item 5.F) moved from $630,551,738 to $3,086,575,180 (+390.0%) between the annual amendments of 2025-03-27 and 2026-03-30; the peer median change was +11.0% (231 comparable advisers, 98.0th percentile of changes)
    peers: other advisers, $1B to $5B (231) · 98% percentile
What changed
consecutive filings, newest first
  • Accounts · 975 to 994
    Nov 3, 2025 to Mar 30, 2026
  • Charity clients · 9 to 8
    Nov 3, 2025 to Mar 30, 2026
  • Corporate clients · 4 to 3
    Nov 3, 2025 to Mar 30, 2026
  • HNW clients · 116 to 117
    Nov 3, 2025 to Mar 30, 2026
  • Individual clients · 168 to 169
    Nov 3, 2025 to Mar 30, 2026
  • Assets in custody · $304,381 to $596,512
    Nov 3, 2025 to Mar 30, 2026
  • Discretionary RAUM · $513M to $532M
    Nov 3, 2025 to Mar 30, 2026
  • HNW RAUM · $436M to $453M
    Nov 3, 2025 to Mar 30, 2026
  • Individual RAUM · $45.5M to $45.8M
    Nov 3, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $2.6B to $2.6B
    Nov 3, 2025 to Mar 30, 2026
  • Pension RAUM · $737M to $763M
    Nov 3, 2025 to Mar 30, 2026
  • RAUM · $3.1B to $3.1B
    Nov 3, 2025 to Mar 30, 2026
  • Accounts · 1,011 to 975
    Mar 27, 2025 to Nov 3, 2025
  • Advisory employees · 6 to 16
    Mar 27, 2025 to Nov 3, 2025
  • Charity clients · 3 to 9
    Mar 27, 2025 to Nov 3, 2025
  • Corporate clients · 1 to 4
    Mar 27, 2025 to Nov 3, 2025
  • HNW clients · 114 to 116
    Mar 27, 2025 to Nov 3, 2025
  • Individual clients · 159 to 168
    Mar 27, 2025 to Nov 3, 2025
  • Assets in custody · $379,156 to $304,381
    Mar 27, 2025 to Nov 3, 2025
  • Employees · 10 to 19
    Mar 27, 2025 to Nov 3, 2025
  • State-registered IARs · 6 to 10
    Mar 27, 2025 to Nov 3, 2025
  • Other offices · 2 to 1
    Mar 27, 2025 to Nov 3, 2025
  • Discretionary RAUM · $470M to $513M
    Mar 27, 2025 to Nov 3, 2025
  • HNW RAUM · $405M to $436M
    Mar 27, 2025 to Nov 3, 2025
  • Individual RAUM · $42.0M to $45.5M
    Mar 27, 2025 to Nov 3, 2025
  • Non-discretionary RAUM · $160M to $2.6B
    Mar 27, 2025 to Nov 3, 2025
  • Pension RAUM · $142M to $737M
    Mar 27, 2025 to Nov 3, 2025
  • RAUM · $631M to $3.1B
    Mar 27, 2025 to Nov 3, 2025
  • Accounts · 882 to 1,011
    Aug 2, 2024 to Mar 27, 2025
  • Advisory employees · 7 to 6
    Aug 2, 2024 to Mar 27, 2025
  • Advisory activities · 6 to 5
    Aug 2, 2024 to Mar 27, 2025
  • Charity clients · unset to 3.0
    Aug 2, 2024 to Mar 27, 2025
  • Corporate clients · unset to 1.0
    Aug 2, 2024 to Mar 27, 2025
  • HNW clients · 115 to 114
    Aug 2, 2024 to Mar 27, 2025
  • Individual clients · 157 to 159
    Aug 2, 2024 to Mar 27, 2025
  • Assets in custody · $839,697 to $379,156
    Aug 2, 2024 to Mar 27, 2025
  • Employees · 11 to 10
    Aug 2, 2024 to Mar 27, 2025
  • Financial planning clients · 51-100 to 26-50
    Aug 2, 2024 to Mar 27, 2025
  • State-registered IARs · 7 to 6
    Aug 2, 2024 to Mar 27, 2025
  • Discretionary RAUM · $393M to $470M
    Aug 2, 2024 to Mar 27, 2025
Signals
2 dated events
  • 2 advisors left B••••••••• I••••••••• C••••••••• (Pittsburgh, PA) for O•••••• C•••••• M••••••••• L•• on the same day
    Dec 3, 2025 · Team lift-out · derived
  • O•••••• C•••••• M••••••••• L•• reported RAUM $3.1B, up 398% from $630.6M (2025-03-27 to 2025-11-03)
    Nov 3, 2025 · 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
bilkeykatz.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(412) 828-5550reportedpublic record, Form ADV, Mar 30, 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
Other adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$309Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026