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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Former SEC-registered adviser

C••••••• C•••••• R•••••••• I•••

Former SEC-registered adviserHouston, TexasCRD 134526SEC 801-67229IAPD
Latest filing Mar 24, 2023
First filing on the tape Apr 2, 2012 · 17 filings
RAUM
$1.3B
reported, Item 5.F
Discretionary
29%
of RAUM
Private clients
38%
$484M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$1.3B as of Mar 24, 2023
Apr 2, 2012$577M then
HNW client RAUM$484M as of Mar 24, 2023
Mar 29, 2018$386M then
State-registered IARs (5.B.3)0 as of Mar 24, 2023
Apr 2, 20120 then
Employees (5.A)7 as of Mar 24, 2023
Apr 2, 20135 then
Private funds: no history
RAUM -17% over the last fiscal year+0.1% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 24, 2023; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$28.5MderivedHNW RAUM over HNW clients
Average account
$7.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
29%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-17%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$636M50%
  • High-net-worth individuals$484M38%
  • State and municipal entities$109M8.5%
  • Pension and profit-sharing plans$41.5M3.2%
  • Charitable organizations$12.3M1.0%
Individual clients
n/areported
HNW clients
17reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
180reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • C••••••• M•••• K•••••• · President/Chief Compliance Officercontrol
    since 08/2003 · 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
Houston, Tx · principal000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 173 to 180
    Mar 29, 2022 to Mar 24, 2023
  • HNW clients · 16 to 17
    Mar 29, 2022 to Mar 24, 2023
  • Discretionary RAUM · $675M to $373M
    Mar 29, 2022 to Mar 24, 2023
  • HNW RAUM · $523M to $484M
    Mar 29, 2022 to Mar 24, 2023
  • Non-discretionary RAUM · $877M to $910M
    Mar 29, 2022 to Mar 24, 2023
  • Pension RAUM · $37.7M to $41.5M
    Mar 29, 2022 to Mar 24, 2023
  • RAUM · $1.6B to $1.3B
    Mar 29, 2022 to Mar 24, 2023
  • Accounts · 179 to 173
    Mar 24, 2021 to Mar 29, 2022
  • Advisory employees · 2 to 3
    Mar 24, 2021 to Mar 29, 2022
  • HNW clients · 14 to 16
    Mar 24, 2021 to Mar 29, 2022
  • Employees · 6 to 7
    Mar 24, 2021 to Mar 29, 2022
  • Discretionary RAUM · $777M to $675M
    Mar 24, 2021 to Mar 29, 2022
  • HNW RAUM · $499M to $523M
    Mar 24, 2021 to Mar 29, 2022
  • Non-discretionary RAUM · $1.2B to $877M
    Mar 24, 2021 to Mar 29, 2022
  • Pension RAUM · $95.0M to $37.7M
    Mar 24, 2021 to Mar 29, 2022
  • RAUM · $1.9B to $1.6B
    Mar 24, 2021 to Mar 29, 2022
  • Financial planning clients · 11-25 to unset
    Jun 24, 2020 to Mar 24, 2021
  • State-registered IARs · 1 to 0
    Jun 24, 2020 to Mar 24, 2021
  • Discretionary RAUM · $235M to $777M
    Jun 24, 2020 to Mar 24, 2021
  • HNW RAUM · $448M to $499M
    Jun 24, 2020 to Mar 24, 2021
  • Non-discretionary RAUM · $1.0B to $1.2B
    Jun 24, 2020 to Mar 24, 2021
  • Accounts · 189 to 179
    Jun 24, 2020 to Mar 24, 2021
  • Advisory employees · 3 to 2
    Jun 24, 2020 to Mar 24, 2021
  • Employees · 5 to 6
    Jun 24, 2020 to Mar 24, 2021
  • Pension RAUM · $43.6M to $95.0M
    Jun 24, 2020 to Mar 24, 2021
  • RAUM · $1.3B to $1.9B
    Jun 24, 2020 to Mar 24, 2021
  • Accounts · 201 to 189
    May 16, 2019 to Mar 30, 2020
  • Charity clients · 2.0 to unset
    May 16, 2019 to Mar 30, 2020
  • HNW clients · 13 to 14
    May 16, 2019 to Mar 30, 2020
  • Pension plan clients · 3.0 to unset
    May 16, 2019 to Mar 30, 2020
  • Employees · 7 to 5
    May 16, 2019 to Mar 30, 2020
  • Other offices · 1 to 0
    May 16, 2019 to Mar 30, 2020
  • Discretionary RAUM · $177M to $235M
    May 16, 2019 to Mar 30, 2020
  • HNW RAUM · $391M to $448M
    May 16, 2019 to Mar 30, 2020
  • Non-discretionary RAUM · $718M to $1.0B
    May 16, 2019 to Mar 30, 2020
  • Pension RAUM · $65.9M to $43.6M
    May 16, 2019 to Mar 30, 2020
  • RAUM · $895M to $1.3B
    May 16, 2019 to Mar 30, 2020
  • Accounts · 238 to 201
    Mar 29, 2018 to Mar 30, 2019
  • Charity clients · 3 to 2
    Mar 29, 2018 to Mar 30, 2019
  • HNW clients · 23 to 13
    Mar 29, 2018 to Mar 30, 2019
Signals
4 dated events
  • M••• K•••••• C•••••• left C••••••• C•••••• R•••••••• I••• for A•••• W••••• M••••••••• L•• (registered 2024-01-04)
    Dec 31, 2023 · Advisor changed firm · fact
  • C••••••• C•••••• R•••••••• I••• reported RAUM $1.9B, up 52% from $1.3B (2020-06-24 to 2021-03-24)
    Mar 24, 2021 · RAUM change · derived
  • C••••••• C•••••• R•••••••• I••• reported RAUM $1.3B, up 43% from $895.3M (2019-05-16 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
  • C••••••• C•••••• R•••••••• I••• reported RAUM $895.3M, up 30% from $688.7M (2018-03-29 to 2019-03-30)
    Mar 30, 2019 · 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