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• F••• A•••••••• L••

Asset manager (funds and pooled vehicles)Houston, TexasCRD 141037SEC 801-67089websiteIAPD
Latest filing Mar 10, 2026
First filing on the tape Dec 22, 2011 · 28 filings
SEC status approved since Aug 23, 2006
RAUM
$3.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$3.2B
derived; firm RAUM over IAPD count
Employees
38
10 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$3.2B as of Mar 10, 2026
Mar 30, 2012$7.2B then
HNW client RAUM$0 as of Mar 26, 2020
Mar 23, 2018$25.6M then
State-registered IARs (5.B.3)1 as of Mar 10, 2026
Mar 30, 20120 then
Employees (5.A)38 as of Mar 10, 2026
Mar 18, 201327 then
Private funds2 as of Mar 27, 2017
Mar 30, 20122 then
RAUM -2.3% over the last fiscal year+8.4% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 10, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$3.2BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$3.2BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
38.0derivedItem 5.A over advisors
Advisors per office
0.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-2.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 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
  • 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)
  • 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
  • Investment companies$3.2B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=4.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
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
Private funds
3 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
K• F•••• R•••••• X••• L••no longer reportedHedge Fund$406M13Mar 30, 2012
K• F•••• R••••••• L••no longer reportedHedge Fund$377M15Mar 30, 2012
K•••• W•••••• G•• H••••••• L••no longer reportedHedge Fund$147M11Mar 27, 2017
Owners and control persons
Schedule A and B, latest filing
  • B••••• J••••• C•••••• · Co-Managing Partnercontrol
    since 07/2020 · owns 25% to 50%
  • B••••••••• M••••••• J• · General Counsel Of Managercontrol
    since 07/2021 · owns less than 5%
  • B••••• P•••• S••••• · President And Chief Operating Officer Of Managercontrol
    since 01/2023 · owns less than 5%
  • J•••••• E•••• M•••••• · Co-Managing Partnercontrol
    since 12/2023 · owns less than 5%
  • K••••• R••••••• A••• · Co-Chairman And Founder Of Managercontrol
    since 07/2016 · owns less than 5%
  • O•••••• M••••••• J••••• · Chief Compliance Officercontrol
    since 03/2012 · owns less than 5%
  • R••••• A••••• · Chief Executive Officer Of Managercontrol
    since 06/2021 · owns less than 5%
  • S••••••• R•••••• V••• · Co-Chairman Of Managercontrol
    since 04/2010 · owns less than 5%
  • S••••••••• P•••• F•••••• · Chief Financial Officercontrol
    since 12/2023 · owns less than 5%
  • K••••• R••••••• A••• · Co-Chairman & Foundercontrol
    since 06/2010 · owns 25% to 50% of K•••• A••••••• C•••••• A••••••• L•
Entity owners
  • K•••• A••••••• C•••••• A••••••• L• · Member/Manager
    direct · owns 50% to 75%
Related persons
Schedule D 7.A
Advisers that list K• F••• A•••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
  • Los Angeles, CA5 employees
What changed
consecutive filings, newest first
  • BD registered reps · 5 to 4
    Feb 26, 2025 to Mar 10, 2026
  • Insurance-licensed employees · 2 to 1
    Feb 26, 2025 to Mar 10, 2026
  • Discretionary RAUM · $3.3B to $3.2B
    Feb 26, 2025 to Mar 10, 2026
  • RAUM · $3.3B to $3.2B
    Feb 26, 2025 to Mar 10, 2026
  • Advisory employees · 11 to 10
    Mar 12, 2024 to Feb 26, 2025
  • Employees · 40 to 38
    Mar 12, 2024 to Feb 26, 2025
  • Financial planning clients · unset to
    Mar 12, 2024 to Feb 26, 2025
  • Other offices · 1 to 2
    Mar 12, 2024 to Feb 26, 2025
  • Discretionary RAUM · $2.4B to $3.3B
    Mar 12, 2024 to Feb 26, 2025
  • RAUM · $2.4B to $3.3B
    Mar 12, 2024 to Feb 26, 2025
  • Accounts · 2 to 1
    Dec 8, 2023 to Mar 12, 2024
  • Advisory employees · 23 to 11
    Dec 8, 2023 to Mar 12, 2024
  • BD registered reps · 9 to 5
    Dec 8, 2023 to Mar 12, 2024
  • Employees · 58 to 40
    Dec 8, 2023 to Mar 12, 2024
  • Insurance-licensed employees · 5 to 2
    Dec 8, 2023 to Mar 12, 2024
  • State-registered IARs · 2 to 1
    Dec 8, 2023 to Mar 12, 2024
  • Discretionary RAUM · $2.5B to $2.4B
    Dec 8, 2023 to Mar 12, 2024
  • RAUM · $2.5B to $2.4B
    Dec 8, 2023 to Mar 12, 2024
  • BD registered reps · 7 to 9
    Mar 23, 2022 to Mar 17, 2023
  • Employees · 59 to 58
    Mar 23, 2022 to Mar 17, 2023
  • Insurance-licensed employees · 7 to 5
    Mar 23, 2022 to Mar 17, 2023
  • State-registered IARs · 4 to 2
    Mar 23, 2022 to Mar 17, 2023
  • Discretionary RAUM · $1.6B to $2.5B
    Mar 23, 2022 to Mar 17, 2023
  • RAUM · $1.6B to $2.5B
    Mar 23, 2022 to Mar 17, 2023
  • Advisory employees · 22 to 23
    Jul 27, 2021 to Mar 23, 2022
  • Discretionary RAUM · $1.7B to $1.6B
    Jul 27, 2021 to Mar 23, 2022
  • RAUM · $1.7B to $1.6B
    Jul 27, 2021 to Mar 23, 2022
  • Accounts · 5 to 2
    Jan 20, 2021 to Mar 24, 2021
  • Advisory employees · 26 to 22
    Jan 20, 2021 to Mar 24, 2021
  • Advisory activities · 2 to 1
    Jan 20, 2021 to Mar 24, 2021
  • BD registered reps · 6 to 7
    Jan 20, 2021 to Mar 24, 2021
  • Pension plan clients · 1.0 to unset
    Jan 20, 2021 to Mar 24, 2021
  • Pooled vehicle clients · 1.0 to unset
    Jan 20, 2021 to Mar 24, 2021
  • Employees · 63 to 59
    Jan 20, 2021 to Mar 24, 2021
  • Discretionary RAUM · $4.0B to $1.7B
    Jan 20, 2021 to Mar 24, 2021
  • Non-discretionary RAUM · $72.3M to $0
    Jan 20, 2021 to Mar 24, 2021
  • Pension RAUM · 1149000.0 to unset
    Jan 20, 2021 to Mar 24, 2021
  • Pooled vehicle RAUM · 1721000.0 to unset
    Jan 20, 2021 to Mar 24, 2021
  • RAUM · $4.1B to $1.7B
    Jan 20, 2021 to Mar 24, 2021
  • Charity clients · 0.0 to unset
    May 27, 2020 to Jan 20, 2021
Signals
15 dated events
  • K• F••• A•••••••• L•• reported RAUM $3.3B, up 37% from $2.4B (2024-03-12 to 2025-02-26)
    Feb 26, 2025 · RAUM change · derived
  • Michael Eric Javidi (Co-Managing Partner) appeared on Schedule A of K• F••• A•••••••• L••
    Mar 12, 2024 · Control person joined · fact
  • Francis Paul Stapleton (Chief Financial Officer) appeared on Schedule A of K• F••• A•••••••• L••
    Mar 12, 2024 · Control person joined · fact
  • A. Terry Hart (Chief Financial Officer) no longer on Schedule A of K• F••• A•••••••• L•• (listed 2023-12-08, absent 2024-03-12)
    Mar 12, 2024 · Control person left · inference
  • Charles John Frey (Co-Managing Partner) no longer on Schedule A of K• F••• A•••••••• L•• (listed 2023-12-08, absent 2024-03-12)
    Mar 12, 2024 · Control person left · inference
  • K• F••• A•••••••• L•• reported RAUM $2.5B, up 54% from $1.6B (2022-03-23 to 2023-03-17)
    Mar 17, 2023 · RAUM change · derived
  • Slattery Kevin Mccarthy (Vice Chairman Of Manager) no longer on Schedule A of K• F••• A•••••••• L•• (listed 2021-07-27, absent 2022-03-23)
    Mar 23, 2022 · Control person left · inference
  • J M•••••• B••••••••• (General Counsel Of Manager) appeared on Schedule A of K• F••• A•••••••• L••
    Mar 23, 2022 · Control person joined · fact
  • Vincent Jarvis Hollingsworth (General Counsel Of Manager) no longer on Schedule A of K• F••• A•••••••• L•• (listed 2021-07-02, absent 2021-07-27)
    Jul 27, 2021 · Control person left · inference
  • Jeffrey Michael Levitt (Chief Executive Officer Of Manager) no longer on Schedule A of K• F••• A•••••••• L•• (listed 2021-03-24, absent 2021-07-02)
    Jul 2, 2021 · Control person left · inference
  • Albert Rabil (Chief Executive Officer Of Manager) appeared on Schedule A of K• F••• A•••••••• L••
    Jul 2, 2021 · Control person joined · fact
  • K• F••• A•••••••• L•• reported RAUM $1.7B, down 59% from $4.1B (2021-01-20 to 2021-03-24)
    Mar 24, 2021 · RAUM change · derived
  • Charles James Baker (Co-Managing Partner) appeared on Schedule A of K• F••• A•••••••• L••
    Jan 20, 2021 · Control person joined · fact
  • Vincent Jarvis Hollingsworth (General Counsel Of Manager) appeared on Schedule A of K• F••• A•••••••• L••
    Aug 28, 2019 · Control person joined · fact
  • David Shladovsky (General Counsel Of Manager) no longer on Schedule A of K• F••• A•••••••• L•• (listed 2019-03-25, absent 2019-08-28)
    Aug 28, 2019 · Control person left · inference
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
713-493-2020reportedpublic record, Form ADV, Mar 10, 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
Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
RAUM per advisor
$3.2Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026