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• C•••••• M••••••••• L•••
Latest filing Mar 31, 2026
First filing on the tape Mar 24, 2017 · 21 filings
SEC status approved since Apr 12, 2017
RAUM
$374M
reported, Item 5.F
Discretionary
72%
of RAUM
Private clients
80%
$298M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$93.6M
derived; firm RAUM over IAPD count
Employees
9
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$374M as of Mar 31, 2026
Mar 16, 2018$146M then
HNW client RAUM$294M as of Mar 31, 2026
Mar 16, 2018$125M then
State-registered IARs (5.B.3)4 as of Mar 31, 2026
Mar 16, 20183 then
Employees (5.A)9 as of Mar 31, 2026
Mar 16, 20188 then
Private funds1 as of Jan 9, 2025
Mar 16, 20183 then
RAUM +4.9% over the last fiscal year+14% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 31, 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
- UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
- RAUM per advisor
- $93.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 10derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $12.8MderivedHNW RAUM over HNW clients
- Average account
- $8.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 72%derivedof RAUM
- Institutional
- 1.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.3derivedItem 5.A over advisors
- Advisors per office
- 2.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +4.9%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +5.4%derived
- Compensation
- percentage of assets, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
- Custody
- $269M, 40 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)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$294M79%
- Pooled investment vehicles$72.3M19%
- Charitable organizations$3.9M1.0%
- Individuals$3.8M1.0%
- Individual clients
- 16reported
- HNW clients
- 23reported
- Pension plan clients
- n/areported
- Charitable clients
- 1reported
- Accounts
- 42reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $269M for 40 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.8 fund_share=0.19 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| J••••• A••••• F•••• | San Antonio, Tx | Nov 1, 2004 | 38 y | 2 |
| M••• R•••• T••••Certified Financial Planner | Austin, Tx | Jan 22, 2014 | 21 y | 0 |
| J••••• W• F•••• | Austin, Tx | Jul 17, 2014 | 12 y | 0 |
| M••••• B••••• B••••• | Roanoke, Tx | Sep 30, 2024 | 20 y | 3 |
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
- H•••••• G••••• B••• to H•••••• P•••• O••••• L••Jun 29, 2005 · Other
Joined, latest
- M••••• B••••• B••••• from T• A••••••••• I•••Sep 30, 2024 · Other
- H•••••• G••••• B••• from F••••••••• A•••••••• L•••Nov 1, 2004 · Other
- J••••• A••••• F•••• from F••••••••• A•••••••• L•••Nov 1, 2004 · Other
Private funds
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| K• C•••••• V•••••• P••••••• I••• L• | Private Equity Fund | $1.6M | 25 | Mar 24, 2017 |
| K• C•••••• V•••••• P•••••••• L•no longer reported | Private Equity Fund | $16,669 | 4 | Mar 24, 2017 |
| K• C•••••• V•••••• P••••••• I•• L•no longer reported | Private Equity Fund | $1,618 | 6 | Mar 24, 2017 |
Owners and control persons
Schedule A and B, latest filing
- F••••• J•••••• A••••• · President/Chief Compliance Officercontrolsince 07/2004 · owns 75% or more
- F••••• J•••••• W• · Vice Presidentcontrolsince 03/2014 · owns less than 5%
- T••••• M•••• R•••• · Chief Financial Officercontrolsince 10/2004 · owns less than 5%
- F••••• J•••••• A••••• · Ownercontrolsince 09/2009 · owns 50% to 75% of K• C•••••• M••••••••• G• L••
- F••••• K••••• · Ownercontrolsince 09/2009 · owns 50% to 75% of K• C•••••• M••••••••• G• L••
Entity owners
- K• C•••••• M••••••••• G• L•• · General Partnerdirect · owns less than 5%
Related persons
Schedule D 7.A
- K• C•••••• M••••••••• G•• L••pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Austin, Tx · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- San Antonio, TX1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- account count collapseChange between filings · filing Mar 31, 2026accounts (Item 5.F.2.f) moved from 249.0 to 42.0 (-83.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +5.0% (3687 comparable advisers, 0.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,687) · 0.2% percentile
What changed
consecutive filings, newest first
- Accounts · 249 to 42Mar 31, 2025 to Mar 31, 2026
- HNW clients · 21 to 23Mar 31, 2025 to Mar 31, 2026
- Pooled vehicle clients · 1 to 2Mar 31, 2025 to Mar 31, 2026
- Assets in custody · $330M to $269MMar 31, 2025 to Mar 31, 2026
- Employees · 8 to 9Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $264M to $269MMar 31, 2025 to Mar 31, 2026
- HNW RAUM · $322M to $294MMar 31, 2025 to Mar 31, 2026
- Individual RAUM · $4.5M to $3.8MMar 31, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $92.6M to $106MMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $26.9M to $72.3MMar 31, 2025 to Mar 31, 2026
- RAUM · $357M to $374MMar 31, 2025 to Mar 31, 2026
- Accounts · 246 to 249Jan 9, 2025 to Mar 31, 2025
- Advisory employees · 3 to 4Jan 9, 2025 to Mar 31, 2025
- Advisory activities · 4 to 5Jan 9, 2025 to Mar 31, 2025
- HNW clients · 23 to 21Jan 9, 2025 to Mar 31, 2025
- Assets in custody · $306M to $330MJan 9, 2025 to Mar 31, 2025
- Employees · 7 to 8Jan 9, 2025 to Mar 31, 2025
- Financial planning clients · 26-50 to 26-50Jan 9, 2025 to Mar 31, 2025
- State-registered IARs · 3 to 4Jan 9, 2025 to Mar 31, 2025
- Private funds · 1 to unsetJan 9, 2025 to Mar 31, 2025
- Discretionary RAUM · $252M to $264MJan 9, 2025 to Mar 31, 2025
- HNW RAUM · $297M to $322MJan 9, 2025 to Mar 31, 2025
- Individual RAUM · $5.0M to $4.5MJan 9, 2025 to Mar 31, 2025
- Non-discretionary RAUM · $55.5M to $92.6MJan 9, 2025 to Mar 31, 2025
- Pooled vehicle RAUM · $1.6M to $26.9MJan 9, 2025 to Mar 31, 2025
- RAUM · $308M to $357MJan 9, 2025 to Mar 31, 2025
- Accounts · 224 to 246May 2, 2023 to Mar 28, 2024
- Individual clients · 17 to 16May 2, 2023 to Mar 28, 2024
- Assets in custody · $248M to $306MMay 2, 2023 to Mar 28, 2024
- Discretionary RAUM · $198M to $252MMay 2, 2023 to Mar 28, 2024
- HNW RAUM · $239M to $297MMay 2, 2023 to Mar 28, 2024
- Individual RAUM · $4.6M to $5.0MMay 2, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $50.2M to $55.5MMay 2, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $1.0M to $1.6MMay 2, 2023 to Mar 28, 2024
- RAUM · $249M to $308MMay 2, 2023 to Mar 28, 2024
- Discretionary RAUM · $201M to $198MApr 27, 2023 to May 2, 2023
- Pooled vehicle RAUM · $3.2M to $1.0MApr 27, 2023 to May 2, 2023
- RAUM · $251M to $249MApr 27, 2023 to May 2, 2023
- Accounts · 282 to 224Mar 31, 2022 to Mar 30, 2023
- Charity clients · 0 to 1Mar 31, 2022 to Mar 30, 2023
Signals
2 dated events
- K••••• F•••• (Owner) appeared on Schedule A of K• C•••••• M••••••••• L•••Jun 9, 2021 · Control person joined · fact
- K• C•••••• M••••••••• L••• filed its initial SEC registration (Form ADV)Mar 24, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- K• C•••••• M••••••••• L••• · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Business email
- kmorgan@kmcapitalmgt.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- dmoore@kmcapitalmgt.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- sheena@kmcapitalmgt.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 512-697-0290reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 512-697-0291reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- H•••S://WWW.LINKEDIN.COM/COMPANY/KM-CAPITAL-MANAGEMENTreportedpublic record, Form ADV, Sep 18, 2026
- Website
- H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 512-697-0290reportedpublic record, Form ADV, Mar 31, 2026
- Team page
- KMCAPITALMGT.COM/our-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
- $93.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026