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.

Former SEC-registered adviser

Karp Capital Management Corporation

Former SEC-registered adviserSausalito, CaliforniaCRD 131834SEC 801-63195IAPD
Latest filing Oct 22, 2022
First filing on the tape Mar 31, 2012 · 39 filings
RAUM
$994M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
60%
$592M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
20
9 advisory (5.B.1)
Offices
7
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$994M as of Mar 31, 2022
Mar 31, 2012$120M then
HNW client RAUM$499M as of Mar 31, 2022
Mar 13, 2018$151M then
State-registered IARs (5.B.3)6 as of Mar 31, 2022
Mar 27, 20131 then
Employees (5.A)20 as of Mar 31, 2022
Mar 27, 20134 then
Private funds: no history
RAUM +46% over the last fiscal year+41% a year over threeIARs 6 to 8
Practice profile
derived from the filing of Oct 22, 2022; every figure names its basis
RAUM per advisor
$124MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
44derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$712,899derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
40%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
1.0derived8 offices incl. principal (1.F.5)
RAUM growth, one year
+46%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+18%derived
Compensation
percentage of assets, hourly, 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
Wrap fee program
$973MreportedItem 5.I
Custody
$343M, 347 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$499M50%
  • Insurance companies$322M32%
  • Individuals$92.9M9.4%
  • Pension and profit-sharing plans$65.0M6.5%
  • Corporations and businesses$7.7M0.8%
  • Charitable organizations$6.8M0.7%
Individual clients
190reported
HNW clients
162reported
Pension plan clients
39reported
Charitable clients
n/areported
Accounts
1,394reported
Financial planning clients
26-50reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$343M for 347 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Christopher Peter Karp · Presidentcontrol
      since 05/2004 · owns less than 5%
    • Faresh Leah Karp · Trusteecontrol
      since 06/2006 · owns 50% to 75% of 2006 Karp Family Trust U/A/D 06/27/2006
    • Christopher Peter Karp · Trusteecontrol
      since 06/2006 · owns 50% to 75% of 2006 Karp Family Trust U/A/D 06/27/2006
    • Faresh Leah Karp · Trustee
      since 06/2006 · owns 50% to 75%
    • Jennifer Trahan · Chief Operations Officer
      since 09/2021 · owns less than 5%
    • Sue Merri Weiner · Chief Compliance Officer
      since 12/2005 · owns less than 5%
    Entity owners
    • 2006 Karp Family Trust U/A/D 06/27/2006 · Shareholder
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • BD registered reps · 4 to 3
      Mar 31, 2022 to Apr 27, 2022
    • State-registered IARs · 6 to 8
      Mar 31, 2022 to Apr 27, 2022
    • Accounts · 1,217 to 1,394
      Nov 19, 2021 to Mar 31, 2022
    • Advisory employees · 6 to 9
      Nov 19, 2021 to Mar 31, 2022
    • HNW clients · 148 to 162
      Nov 19, 2021 to Mar 31, 2022
    • Individual clients · 151 to 190
      Nov 19, 2021 to Mar 31, 2022
    • Pension plan clients · 55 to 39
      Nov 19, 2021 to Mar 31, 2022
    • Assets in custody · $197M to $343M
      Nov 19, 2021 to Mar 31, 2022
    • Employees · 15 to 20
      Nov 19, 2021 to Mar 31, 2022
    • Financial planning clients · 1-10 to 26-50
      Nov 19, 2021 to Mar 31, 2022
    • Discretionary RAUM · $683M to $994M
      Nov 19, 2021 to Mar 31, 2022
    • HNW RAUM · $364M to $499M
      Nov 19, 2021 to Mar 31, 2022
    • Individual RAUM · $62.4M to $92.9M
      Nov 19, 2021 to Mar 31, 2022
    • Pension RAUM · $76.1M to $65.0M
      Nov 19, 2021 to Mar 31, 2022
    • RAUM · $683M to $994M
      Nov 19, 2021 to Mar 31, 2022
    • Accounts · 1,029 to 1,217
      Feb 10, 2021 to Mar 28, 2021
    • Advisory employees · 4 to 6
      Feb 10, 2021 to Mar 28, 2021
    • HNW clients · 104 to 148
      Feb 10, 2021 to Mar 28, 2021
    • Individual clients · 143 to 151
      Feb 10, 2021 to Mar 28, 2021
    • Pension plan clients · 53 to 55
      Feb 10, 2021 to Mar 28, 2021
    • Assets in custody · $108M to $197M
      Feb 10, 2021 to Mar 28, 2021
    • Employees · 12 to 15
      Feb 10, 2021 to Mar 28, 2021
    • State-registered IARs · 4 to 6
      Feb 10, 2021 to Mar 28, 2021
    • Other offices · 0 to 7
      Feb 10, 2021 to Mar 28, 2021
    • Discretionary RAUM · $528M to $683M
      Feb 10, 2021 to Mar 28, 2021
    • HNW RAUM · $261M to $364M
      Feb 10, 2021 to Mar 28, 2021
    • Individual RAUM · $89.4M to $62.4M
      Feb 10, 2021 to Mar 28, 2021
    • Pension RAUM · $69.0M to $76.1M
      Feb 10, 2021 to Mar 28, 2021
    • RAUM · $528M to $683M
      Feb 10, 2021 to Mar 28, 2021
    • Advisory employees · 5 to 4
      Apr 2, 2020 to Jun 1, 2020
    • Employees · 13 to 12
      Apr 2, 2020 to Jun 1, 2020
    • State-registered IARs · 5 to 4
      Apr 2, 2020 to Jun 1, 2020
    • Individual clients · 173 to 143
      Mar 16, 2020 to Apr 2, 2020
    • Pension plan clients · 52 to 53
      Mar 16, 2020 to Apr 2, 2020
    • Accounts · 838 to 1,029
      Sep 12, 2019 to Mar 16, 2020
    • Advisory employees · 3 to 5
      Sep 12, 2019 to Mar 16, 2020
    • BD registered reps · 3 to 4
      Sep 12, 2019 to Mar 16, 2020
    • HNW clients · 116 to 104
      Sep 12, 2019 to Mar 16, 2020
    • Individual clients · 212 to 173
      Sep 12, 2019 to Mar 16, 2020
    • Pension plan clients · 42 to 52
      Sep 12, 2019 to Mar 16, 2020
    Signals
    14 dated events
    • Mark Patzer left Karp Capital Management Corporation for Composition Wealth, Llc (registered 2022-11-01)
      Dec 31, 2022 · Advisor changed firm · fact
    • Peter Christopher Karp left Karp Capital Management Corporation for Composition Wealth, Llc (registered 2022-12-05)
      Dec 31, 2022 · Advisor changed firm · fact
    • Jeffrey Evan Alpert left Karp Capital Management Corporation for Composition Wealth, Llc (registered 2022-11-01)
      Dec 31, 2022 · Advisor changed firm · fact
    • Daniel Ellmann Tang left Karp Capital Management Corporation for Composition Wealth, Llc (registered 2022-11-01)
      Dec 31, 2022 · Advisor changed firm · fact
    • Peter Wade Lowden left Karp Capital Management Corporation for Composition Wealth, Llc (registered 2022-11-01)
      Dec 31, 2022 · Advisor changed firm · fact
    • Robert Elkins Driscoll left Karp Capital Management Corporation for Infinity Financial Services (registered 2019-09-05)
      Dec 31, 2022 · Advisor changed firm · fact
    • Karp Capital Management Corporation's advisors moved to Composition Wealth, LLC (Sausalito, CA): 5 of 6 registered, on the same day
      Dec 31, 2022 · Firm absorbed (people side) · derived
    • Andrew James Weber left Karp Capital Management Corporation for Wells Fargo Advisors (registered 2023-03-13)
      Sep 11, 2022 · Advisor changed firm · fact
    • Alfred Kam Fai Cheung left Karp Capital Management Corporation for Sand Hill Global Advisors, Llc (registered 2022-07-22)
      Jun 27, 2022 · Advisor changed firm · fact
    • Karp Capital Management Corporation reported RAUM $993.8M, up 46% from $682.6M (2021-11-19 to 2022-03-31)
      Mar 31, 2022 · RAUM change · derived
    • Andrew Edward Czajkowski left Karp Capital Management Corporation for Ameriprise Financial Services, Llc (registered 2022-03-31)
      Jan 28, 2022 · Advisor changed firm · fact
    • Karp Capital Management Corporation reported 7 offices beyond its principal office, up from 0 (2021-02-10 to 2021-03-28)
      Mar 28, 2021 · Office count change · derived
    • Karp Capital Management Corporation reported RAUM $682.6M, up 29% from $527.9M (2021-02-10 to 2021-03-28)
      Mar 28, 2021 · RAUM change · derived
    • Karp Capital Management Corporation reported RAUM $527.9M, up 50% from $352.4M (2019-09-12 to 2020-03-16)
      Mar 16, 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026