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
Berkshire Asset Management, LLC
Latest filing Mar 30, 2026
First filing on the tape Mar 28, 2012 · 24 filings
SEC status approved since Jul 1, 2007
RAUM
$2.8B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
85%
$2.4B individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$465M
derived; firm RAUM over IAPD count
Employees
11
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$2.8B as of Mar 30, 2026
Mar 28, 2012$663M then
HNW client RAUM$2.4B as of Mar 30, 2026
Mar 31, 2018$1.2B then
State-registered IARs (5.B.3)6 as of Mar 30, 2026
Mar 27, 20135 then
Employees (5.A)11 as of Mar 30, 2026
Mar 27, 20137 then
Private funds2 as of Mar 30, 2026
Mar 28, 20123 then
RAUM +9.9% over the last fiscal year+9.4% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- RAUM per advisor
- $465MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 387derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.0MderivedHNW RAUM over HNW clients
- Average account
- $1.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 96%derivedof RAUM
- Institutional
- 11%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.9%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -1.0%derived
- Compensation
- percentage of assets, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, pension consulting, selection of other advisersreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $514M, 194 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)
- 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$2.4B85%
- Charitable organizations$206M7.4%
- Corporations and businesses$91.7M3.3%
- Pension and profit-sharing plans$70.2M2.5%
- Pooled investment vehicles$28.3M1.0%
- Insurance companies$20.8M0.7%
- Investment companies$8.7M0.3%
- Individuals$1.2M0.0%
- Individual clients
- 4reported
- HNW clients
- 2,318reported
- Pension plan clients
- 63reported
- Charitable clients
- 64reported
- Accounts
- 2,486reported
- Financial planning clients
- reported
- Wrap fee programs
- $0 sponsored, $876M managedreported
- Custody of client assets
- $514M for 194 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.85 fund_share=0.01 institutional_share=0.11 related_bd=true related_bank=false bd_reps=1.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Kenneth John Krogulski | Wilkes-Barre, Pa | Oct 25, 2007 | 35 y | 1 |
| Gerard Mihalick | Wilkes-Barre, Pa | Oct 25, 2007 | 36 y | 1 |
| Michael Durkin Weaver | Wilkes-Barre, Pa | Oct 25, 2007 | 30 y | 1 |
| Gregory Cameron WeaverChartered Financial Analyst | Wilkes-Barre, Pa | Nov 1, 2007 | 19 y | 0 |
| Jason J ReillyCertified Financial Planner | Wilkes-Barre, Pa | Dec 3, 2015 | 19 y | 2 |
| Rachel L AmesChartered Financial Analyst | Wilkes-Barre, Pa | Apr 24, 2024 | 22 y | 0 |
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
none on the tape
Joined, latest
- Jason J Reilly from Pnc Wealth ManagementDec 3, 2015 · Other
- Gerard Mihalick from Berkshire Asset Management, Inc.Oct 25, 2007 · Other
- Kenneth John Krogulski from Berkshire Asset Management, Inc.Oct 25, 2007 · Other
- Michael Durkin Weaver from Berkshire Asset Management, Inc.Oct 25, 2007 · Other
Private funds
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Berkshire Growth Fund | Other Private Fund | $20.2M | 50 | Mar 28, 2012 |
| Berkshire Partnership | Hedge Fund | $8.1M | 4 | Mar 28, 2012 |
| Darkhorse Opportunity Fundno longer reported | Hedge Fund | $1.5M | 3 | Mar 28, 2012 |
Owners and control persons
Schedule A and B, latest filing
- John Kenneth Krogulski · President, Ceo, Cio And Managing Membercontrolsince 07/2007 · owns 25% to 50%
- Daniel Charles Martin · Chief Compliance Officersince 01/2020 · owns less than 5%
- Gerard Mihalick · Vice President And Membersince 01/2018 · owns 5% to 10%
- J Jason Reilly · Vice President And Class C Membersince 12/2022 · owns less than 5%
- Cameron Gregory Weaver · Vice President And Membersince 01/2018 · owns less than 5%
- Durkin Michael Weaver · Vice President And Membersince 01/2018 · owns 10% to 25%
Entity owners
- Eurazeo Se · Holding Companyindirect · owns 75% or more of Legendre Holding 36
- Im Square Partners Holding · Parentindirect · owns 75% or more of Im Square Holding 10 LLC
- Im Square Sas · Parentindirect · owns 75% or more of Im Square Partners Holding
- Legendre Holding 36 · Holding Companyindirect · owns 50% to 75% of Im Square Sas
- Im Square Holding 10 LLC · Class B Memberdirect · owns 25% to 50%
- Jc Decaux Holdings · Shareholderindirect · owns 25% to 50% of Eurazeo Se
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Wilkesbarre, Pa | 6 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 2,467 to 2,486Mar 20, 2025 to Mar 30, 2026
- HNW clients · 2,334 to 2,318Mar 20, 2025 to Mar 30, 2026
- Individual clients · 12 to 4Mar 20, 2025 to Mar 30, 2026
- Pension plan clients · 26 to 63Mar 20, 2025 to Mar 30, 2026
- Assets in custody · $448M to $514MMar 20, 2025 to Mar 30, 2026
- Employees · 10 to 11Mar 20, 2025 to Mar 30, 2026
- Discretionary RAUM · $2.4B to $2.7BMar 20, 2025 to Mar 30, 2026
- HNW RAUM · $2.2B to $2.4BMar 20, 2025 to Mar 30, 2026
- Individual RAUM · $3.9M to $1.2MMar 20, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $176M to $104MMar 20, 2025 to Mar 30, 2026
- Pension RAUM · $62.5M to $70.2MMar 20, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $29.8M to $28.3MMar 20, 2025 to Mar 30, 2026
- RAUM · $2.5B to $2.8BMar 20, 2025 to Mar 30, 2026
- Wrap assets (manager) · $774M to $876MMar 20, 2025 to Mar 30, 2026
- Accounts · 2,333 to 2,467Apr 3, 2024 to Mar 20, 2025
- Charity clients · 57 to 64Apr 3, 2024 to Mar 20, 2025
- HNW clients · 2,192 to 2,334Apr 3, 2024 to Mar 20, 2025
- Individual clients · 23 to 12Apr 3, 2024 to Mar 20, 2025
- Pension plan clients · 30 to 26Apr 3, 2024 to Mar 20, 2025
- Assets in custody · $412M to $448MApr 3, 2024 to Mar 20, 2025
- Financial planning clients · unset to Apr 3, 2024 to Mar 20, 2025
- State-registered IARs · 5 to 6Apr 3, 2024 to Mar 20, 2025
- Discretionary RAUM · $2.2B to $2.4BApr 3, 2024 to Mar 20, 2025
- HNW RAUM · $2.0B to $2.2BApr 3, 2024 to Mar 20, 2025
- Individual RAUM · $2.3M to $3.9MApr 3, 2024 to Mar 20, 2025
- Non-discretionary RAUM · $86.6M to $176MApr 3, 2024 to Mar 20, 2025
- Pension RAUM · $55.7M to $62.5MApr 3, 2024 to Mar 20, 2025
- Pooled vehicle RAUM · $27.1M to $29.8MApr 3, 2024 to Mar 20, 2025
- RAUM · $2.3B to $2.5BApr 3, 2024 to Mar 20, 2025
- Related adviser · false to trueApr 3, 2024 to Mar 20, 2025
- Related broker-dealer · false to trueApr 3, 2024 to Mar 20, 2025
- Wrap assets (manager) · $703M to $774MApr 3, 2024 to Mar 20, 2025
- Accounts · 2,279 to 2,333Mar 31, 2023 to Mar 27, 2024
- Advisory activities · 5 to 6Mar 31, 2023 to Mar 27, 2024
- BD registered reps · 0 to 1Mar 31, 2023 to Mar 27, 2024
- Charity clients · 55 to 57Mar 31, 2023 to Mar 27, 2024
- Corporate clients · 24 to 26Mar 31, 2023 to Mar 27, 2024
- HNW clients · 2,168 to 2,192Mar 31, 2023 to Mar 27, 2024
- Individual clients · 11 to 23Mar 31, 2023 to Mar 27, 2024
- Pension plan clients · 17 to 30Mar 31, 2023 to Mar 27, 2024
Signals
1 dated events
- Degennaro Marilyn Millington (Vice President And Chief Compliance Officer) no longer on Schedule A of Berkshire Asset Management, Llc (listed 2019-03-26, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
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
- Business phone
- 877-578-4000reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/BERKSHIRE-ASSET-MANAGEMENTreportedpublic record, Form ADV, Sep 18, 2026
- Website
- BERKMGT.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 570-825-2600reportedpublic record, Form ADV, Mar 30, 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
- $465Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026