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.
SEC-registered adviser
Dmkc Advisory Services, LLC
Latest filing Sep 2, 2026
First filing on the tape Dec 20, 2011 · 47 filings
SEC status approved since Sep 28, 2007
RAUM
$903M
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
58%
$523M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$150M
derived; firm RAUM over IAPD count
Employees
13
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
47 filings and snapshots on the tape
RAUM$903M as of Mar 5, 2026
Dec 20, 2011$149M then
HNW client RAUM$429M as of Mar 5, 2026
Mar 30, 2018$251M then
State-registered IARs (5.B.3)9 as of Mar 5, 2026
Dec 20, 20110 then
Employees (5.A)13 as of Mar 5, 2026
Mar 20, 201313 then
Private funds: no history
RAUM +35% over the last fiscal year+24% a year over threeIARs 11 to 9
Practice profile
derived from the filing of Sep 2, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RAUM per advisor
- $150MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 79derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.7MderivedHNW RAUM over HNW clients
- Average account
- $954,017derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 87%derivedof RAUM
- Institutional
- 32%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.2derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +35%derivedbetween the last two annual amendments
- Advisor growth, one year
- -18%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +11%derived
- Compensation
- percentage of assets, hourlyreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $874M, 498 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)
- 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
- High-net-worth individuals$429M47%
- Charitable organizations$277M31%
- Individuals$94.2M10%
- Corporations and businesses$94.2M10%
- Pension and profit-sharing plans$8.5M0.9%
- Individual clients
- 219reported
- HNW clients
- 254reported
- Pension plan clients
- n/areported
- Charitable clients
- 27reported
- Accounts
- 946reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $874M for 498 clientsreported
- Compensation
- % of AUM, hourlyreported
- Class basis
- private_client_share=0.58 fund_share=0.0 institutional_share=0.32 related_bd=true related_bank=false bd_reps=11.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Daniel Michael Kelly | Des Moines, Ia | Dec 21, 2007 | 46 y | 0 |
| Kevin Alexander ShiresCertified Financial Planner, Chartered Financial Consultant | Des Moines, Ia | Aug 23, 2012 | 20 y | 1 |
| Patrick Benjamin Kelly | Des Moines, Ia | Jul 5, 2023 | 25 y | 0 |
| Andrew Joseph Harrison | Des Moines, Ia | Aug 5, 2024 | 10 y | 1 |
| Joseph Robert Fiorentino | Des Moines, Ia | Sep 15, 2025 | 11 y | 0 |
| Daniel G. Kelly | Des Moines, Ia | Nov 24, 2025 | 23 y | 2 |
Advisor movement
5 left, 0 joined in 12 months
net -5 in 12 months4 left in 90 days0 joined in 90 daysdeparture rate 83% of current headcount5 left over 36 months
Left, latest
- David Palmer Lorbiecki to Raymond James & Associates, Inc.Aug 31, 2026 · RIA to affiliated broker-dealer or bank
- Dan Christopher Mcphail to Raymond James & Associates, Inc.Aug 31, 2026 · RIA to affiliated broker-dealer or bank
- David Charles Haas to Raymond James & Associates, Inc.Aug 31, 2026 · RIA to affiliated broker-dealer or bank
- Willis David Gaer to Raymond James & Associates, Inc.Aug 31, 2026 · RIA to affiliated broker-dealer or bank
- Harriet Clare Hubbell to Cambridge Investment Research Advisors, Inc.Mar 4, 2026 · RIA to affiliated broker-dealer or bank
- Megan Lea Uphold to Creative PlanningJun 17, 2022 · RIA to RIA
- Amanda Jo Sheeder to LPL Financial LLCMay 20, 2020 · RIA to affiliated broker-dealer or bank
- Michelle Renee Stockman to Principal Asset ManagementMay 3, 2017 · Other
- Michael William Milligan to Robert W. Baird & Co. IncorporatedMar 12, 2013 · Other
- Gary Robert Lucas to Allied Investment Advisors LLCFeb 23, 2012 · Other
- Bart William Aby to Allied Investment Advisors LLCFeb 15, 2012 · Other
- Kellie Rose Hirsch to Allied Investment Advisors LLCSep 29, 2011 · Other
Joined, latest
- Andrew Joseph Harrison from Thrivent Investment Management Inc.Aug 5, 2024 · Affiliated broker-dealer or bank to independent RIA
- Amanda Jo Sheeder from Voya Financial Advisors, Inc.Sep 30, 2019 · Affiliated broker-dealer or bank to independent RIA
- Kevin Alexander Shires from Osaic Fa, Inc.Aug 23, 2012 · Other
- Michelle Renee Stockman from Commerce Wealth Advisers, LLCJul 24, 2012 · Other
- Bart William Aby from Investment Management GroupFeb 18, 2009 · Other
- Gary Robert Lucas from Investment Management GroupDec 1, 2008 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 4 left for Raymond James & Associates, Inc.Aug 31, 2026 · Des Moines, Ia
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Crichton Kathleen Halliwell · Chief Compliance Officercontrolsince 03/2020 · owns less than 5%
- Michael Daniel Kelly · President And Managing Membercontrolsince 03/2020 · owns less than 5%
- Benjamin Patrick Kelly · Trusteecontrolsince 12/2018 · owns F of Daniel M. Kelly 2004 Trust
Entity owners
- D. M. Kelly & Company · Ownerdirect · owns 75% or more
- Daniel M. Kelly 2004 Trust · Direct Ownerindirect · owns 75% or more of D.M. Kelly & Company
Related persons
Schedule D 7.A
- D.M. Kelly & Companybroker-dealery
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Des Moines, Ia · principal | 6 | 1 | 5 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Financial planning clients · 1-10 to 1-10Mar 5, 2026 to Sep 2, 2026
- Succession · false to unsetMar 5, 2026 to Sep 2, 2026
- Accounts · 818 to 946Oct 27, 2025 to Mar 5, 2026
- Advisory employees · 9 to 8Oct 27, 2025 to Mar 5, 2026
- BD registered reps · 13 to 11Oct 27, 2025 to Mar 5, 2026
- Charity clients · 20 to 27Oct 27, 2025 to Mar 5, 2026
- HNW clients · 234 to 254Oct 27, 2025 to Mar 5, 2026
- Individual clients · 192 to 219Oct 27, 2025 to Mar 5, 2026
- Assets in custody · $653M to $874MOct 27, 2025 to Mar 5, 2026
- Employees · 14 to 13Oct 27, 2025 to Mar 5, 2026
- State-registered IARs · 11 to 9Oct 27, 2025 to Mar 5, 2026
- Discretionary RAUM · $561M to $782MOct 27, 2025 to Mar 5, 2026
- HNW RAUM · $334M to $429MOct 27, 2025 to Mar 5, 2026
- Individual RAUM · $65.1M to $94.2MOct 27, 2025 to Mar 5, 2026
- Non-discretionary RAUM · $108M to $121MOct 27, 2025 to Mar 5, 2026
- Pension RAUM · $6.4M to $8.5MOct 27, 2025 to Mar 5, 2026
- RAUM · $669M to $903MOct 27, 2025 to Mar 5, 2026
- Accounts · 748 to 818Oct 1, 2024 to Mar 20, 2025
- Advisory employees · 8 to 9Oct 1, 2024 to Mar 20, 2025
- BD registered reps · 14 to 13Oct 1, 2024 to Mar 20, 2025
- HNW clients · 233 to 234Oct 1, 2024 to Mar 20, 2025
- Individual clients · 193 to 192Oct 1, 2024 to Mar 20, 2025
- Assets in custody · $550M to $653MOct 1, 2024 to Mar 20, 2025
- Financial planning clients · 1-10 to 1-10Oct 1, 2024 to Mar 20, 2025
- Discretionary RAUM · $475M to $561MOct 1, 2024 to Mar 20, 2025
- HNW RAUM · $275M to $334MOct 1, 2024 to Mar 20, 2025
- Individual RAUM · $50.0M to $65.1MOct 1, 2024 to Mar 20, 2025
- Non-discretionary RAUM · $87.2M to $108MOct 1, 2024 to Mar 20, 2025
- Pension RAUM · $4.5M to $6.4MOct 1, 2024 to Mar 20, 2025
- RAUM · $563M to $669MOct 1, 2024 to Mar 20, 2025
- Accounts · 705 to 748Dec 1, 2023 to Mar 26, 2024
- Advisory employees · 7 to 8Dec 1, 2023 to Mar 26, 2024
- BD registered reps · 11 to 14Dec 1, 2023 to Mar 26, 2024
- Charity clients · 17 to 20Dec 1, 2023 to Mar 26, 2024
- HNW clients · 227 to 233Dec 1, 2023 to Mar 26, 2024
- Individual clients · 175 to 193Dec 1, 2023 to Mar 26, 2024
- Assets in custody · $477M to $550MDec 1, 2023 to Mar 26, 2024
- Employees · 13 to 14Dec 1, 2023 to Mar 26, 2024
- State-registered IARs · 10 to 11Dec 1, 2023 to Mar 26, 2024
- Discretionary RAUM · $402M to $475MDec 1, 2023 to Mar 26, 2024
Signals
13 dated events
- David Palmer Lorbiecki left Dmkc Advisory Services, Llc for Raymond James & Associates, Inc. (registered 2026-08-31)Aug 31, 2026 · Advisor changed firm · fact
- Willis David Gaer left Dmkc Advisory Services, Llc for Raymond James & Associates, Inc. (registered 2026-08-31)Aug 31, 2026 · Advisor changed firm · fact
- Dan Christopher Mcphail left Dmkc Advisory Services, Llc for Raymond James & Associates, Inc. (registered 2026-08-31)Aug 31, 2026 · Advisor changed firm · fact
- David Charles Haas left Dmkc Advisory Services, Llc for Raymond James & Associates, Inc. (registered 2026-08-31)Aug 31, 2026 · Advisor changed firm · fact
- 4 advisors left Dmkc Advisory Services, LLC (Des Moines, IA) for Raymond James & Associates, Inc. on the same dayAug 31, 2026 · Team lift-out · derived
- Dmkc Advisory Services, Llc reported RAUM $902.5M, up 35% from $668.7M (2025-10-27 to 2026-03-05)Mar 5, 2026 · RAUM change · derived
- Harriet Clare Hubbell left Dmkc Advisory Services, Llc for Cambridge Investment Research Advisors, Inc. (registered 2026-07-22)Mar 4, 2026 · Advisor changed firm · fact
- Megan Lea Uphold left Dmkc Advisory Services, Llc for Creative Planning (registered 2022-07-22)Jun 17, 2022 · Advisor changed firm · fact
- Crichton Kathleen Halliwell (Chief Compliance Officer) appeared on Schedule A of Dmkc Advisory Services, LlcMar 24, 2020 · Control person joined · fact
- Michael Daniel Kelly (President And Managing Member) appeared on Schedule A of Dmkc Advisory Services, LlcMar 24, 2020 · Control person joined · fact
- G. Daniel Kelly (President & Member) no longer on Schedule A of Dmkc Advisory Services, Llc (listed 2019-11-25, absent 2020-03-24)Mar 24, 2020 · Control person left · inference
- Benjamin Patrick Kelly (Trustee) appeared on Schedule A of Dmkc Advisory Services, LlcMar 12, 2019 · Control person joined · fact
- Dmkc Advisory Services, Llc reported RAUM $387.0M, up 49% from $260.5M (2017-08-09 to 2018-03-30)Mar 30, 2018 · 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
- Firm profile
- linkedin.com/company/d-m-kelly-&-company/aboutreportedpublic record, Form ADV, Sep 17, 2026
- Website
- DMKELLY.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 515-221-1133reportedpublic record, Form ADV, Sep 2, 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
- $150Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026