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

Sfe Investment Counsel Inc.

Independent wealth managerLos Angeles, CaliforniaCRD 145530SEC 801-68580websiteIAPD
Latest filing Dec 3, 2025
First filing on the tape Dec 2, 2011 · 58 filings
SEC status approved since Oct 24, 2007
RAUM
$748M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
89%
$663M individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$68.0M
derived; firm RAUM over IAPD count
Employees
14
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
58 filings and snapshots on the tape
RAUM$748M as of Dec 3, 2025
Dec 2, 2011$222M then
HNW client RAUM$466M as of Dec 3, 2025
Dec 12, 2017$180M then
State-registered IARs (5.B.3)9 as of Dec 3, 2025
Dec 2, 20110 then
Employees (5.A)14 as of Dec 3, 2025
Dec 10, 20128 then
Private funds2 as of Dec 3, 2025
Dec 10, 20122 then
RAUM +69% over the last fiscal year+19% a year over threeIARs 8 to 9
Practice profile
derived from the filing of Dec 3, 2025; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
  • 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
$68.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
80derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$829,659derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
9.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
11.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+32%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+17%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$108,726, 1 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$466M63%
  • Individuals$197M27%
  • Charitable organizations$70.5M9.5%
  • Corporations and businesses$9.1M1.2%
Individual clients
684reported
HNW clients
193reported
Pension plan clients
n/areported
Charitable clients
12reported
Accounts
902reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$108,726 for 1 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.89 fund_share=0.0 institutional_share=0.09 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
11 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
James Thomas MoylanChartered Financial AnalystLos Angeles, CaNov 30, 200719 y0
Charles Eustis BohlenChartered Financial AnalystLos Angeles, CaNov 30, 200731 y1
Jon Michael KmettLos Angeles, CaNov 30, 200735 y1
Edward James TernanLos Angeles, CaJan 7, 200821 y0
David John ThomsenLos Angeles, CaJan 30, 200822 y0
Mark Larry DelgadilloLos Angeles, CaMay 27, 202040 y6
Gregory Cannon GiauqueSan Luis Obispo, Ca Mar 31, 202328 y2
Jeffrey N. EisfelderCertified Financial PlannerLos Angeles, CaDec 8, 202529 y5
Teri May MccaslandLos Angeles, CaJan 1, 202629 y1
Peter Nicholas Scholl BohlenLos Angeles, CaFeb 3, 202610 y0
Charles Eustis BohlenLos Angeles, CaFeb 3, 202611 y0
Advisor movement
0 left, 2 joined in 12 months
net +2 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
    Private funds
    2 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Sfe Alternative Investment Fund II LLCPrivate Equity Fund$625,58025Dec 10, 2012
    Sfe Alternative Investment Fund I LLCPrivate Equity Fund$494,34014Dec 10, 2012
    Owners and control persons
    Schedule A and B, latest filing
    • Eustis Charles Bohlen · Vice President, Co-Chief Investment Officercontrol
      since 09/2007 · owns less than 5%
    • Michael Jon Kmett · President, Director & Cfocontrol
      since 09/2007 · owns 25% to 50%
    • May Teri Mccasland · Vp, & Directorcontrol
      since 09/2007 · owns less than 5%
    • Thomas James Moylan · Vice President/Co-Chief Investment Officercontrol
      since 12/2020 · owns 25% to 50%
    • Salinas Donna Arnold · Chief Compliance Officer
      since 09/2024 · owns less than 5%
    • John David Thomsen · Vp, Director, Business Development
      since 09/2007 · owns 25% to 50%
    Entity owners
    • Kmett Family Trust Dated 12/14/2018 · Direct Owner
      direct · owns 25% to 50%
    • The Alana Moylan And James Moylan Living Trust Dated 2/23/2012 · Direct Owner
      direct · owns 25% to 50%
    • The Thomsen Family Trust Dated 9/27/2007 · Direct Owner
      direct · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Los Angeles, Ca · principal1140
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 772 to 902
      Aug 13, 2025 to Dec 3, 2025
    • Advisory employees · 8 to 9
      Aug 13, 2025 to Dec 3, 2025
    • Charity clients · 10 to 12
      Aug 13, 2025 to Dec 3, 2025
    • Corporate clients · 2 to 3
      Aug 13, 2025 to Dec 3, 2025
    • HNW clients · 138 to 193
      Aug 13, 2025 to Dec 3, 2025
    • Individual clients · 724 to 684
      Aug 13, 2025 to Dec 3, 2025
    • Assets in custody · $105,879 to $108,726
      Aug 13, 2025 to Dec 3, 2025
    • Employees · 11 to 14
      Aug 13, 2025 to Dec 3, 2025
    • State-registered IARs · 8 to 9
      Aug 13, 2025 to Dec 3, 2025
    • Discretionary RAUM · $550M to $728M
      Aug 13, 2025 to Dec 3, 2025
    • HNW RAUM · $332M to $466M
      Aug 13, 2025 to Dec 3, 2025
    • Individual RAUM · $162M to $197M
      Aug 13, 2025 to Dec 3, 2025
    • Non-discretionary RAUM · $31.5M to $20.1M
      Aug 13, 2025 to Dec 3, 2025
    • RAUM · $582M to $748M
      Aug 13, 2025 to Dec 3, 2025
    • Financial planning clients · 0 to 0
      Jul 7, 2025 to Aug 13, 2025
    • Accounts · 773 to 772
      Mar 21, 2024 to Dec 12, 2024
    • Charity clients · 9 to 10
      Mar 21, 2024 to Dec 12, 2024
    • HNW clients · 102 to 138
      Mar 21, 2024 to Dec 12, 2024
    • Individual clients · 637 to 724
      Mar 21, 2024 to Dec 12, 2024
    • Assets in custody · $104,712 to $105,879
      Mar 21, 2024 to Dec 12, 2024
    • Discretionary RAUM · $410M to $550M
      Mar 21, 2024 to Dec 12, 2024
    • HNW RAUM · $222M to $332M
      Mar 21, 2024 to Dec 12, 2024
    • Individual RAUM · $160M to $162M
      Mar 21, 2024 to Dec 12, 2024
    • Non-discretionary RAUM · $31.6M to $31.5M
      Mar 21, 2024 to Dec 12, 2024
    • RAUM · $442M to $582M
      Mar 21, 2024 to Dec 12, 2024
    • Accounts · 758 to 773
      Apr 24, 2023 to Nov 29, 2023
    • Advisory employees · 7 to 8
      Apr 24, 2023 to Nov 29, 2023
    • Corporate clients · 3 to 2
      Apr 24, 2023 to Nov 29, 2023
    • HNW clients · 87 to 102
      Apr 24, 2023 to Nov 29, 2023
    • Individual clients · 644 to 637
      Apr 24, 2023 to Nov 29, 2023
    • Assets in custody · $352,972 to $104,712
      Apr 24, 2023 to Nov 29, 2023
    • Employees · 10 to 11
      Apr 24, 2023 to Nov 29, 2023
    • State-registered IARs · 7 to 8
      Apr 24, 2023 to Nov 29, 2023
    • Discretionary RAUM · $364M to $410M
      Apr 24, 2023 to Nov 29, 2023
    • HNW RAUM · $186M to $222M
      Apr 24, 2023 to Nov 29, 2023
    • Individual RAUM · $153M to $160M
      Apr 24, 2023 to Nov 29, 2023
    • Non-discretionary RAUM · $24.9M to $31.6M
      Apr 24, 2023 to Nov 29, 2023
    • RAUM · $389M to $442M
      Apr 24, 2023 to Nov 29, 2023
    • Assets in custody · $351,503 to $352,972
      Dec 22, 2022 to Feb 21, 2023
    • Accounts · 716 to 758
      Apr 4, 2022 to Dec 22, 2022
    Signals
    5 dated events
    • Sfe Investment Counsel Inc. reported RAUM $748.4M, up 29% from $581.6M (2025-08-13 to 2025-12-03)
      Dec 3, 2025 · RAUM change · derived
    • Sfe Investment Counsel Inc. reported RAUM $581.6M, up 32% from $441.8M (2024-03-21 to 2024-12-12)
      Dec 12, 2024 · RAUM change · derived
    • Eustis Charles Bohlen (Vice President, Co-Chief Investment Officer) appeared on Schedule A of Sfe Investment Counsel Inc.
      Nov 29, 2023 · Control person joined · fact
    • Sfe Investment Counsel Inc. reported RAUM $445.7M, up 31% from $339.9M (2021-02-23 to 2021-11-29)
      Nov 29, 2021 · RAUM change · derived
    • Eustis Charles Bohlen (Vp, Director & Cio) no longer on Schedule A of Sfe Investment Counsel Inc. (listed 2020-05-27, absent 2020-12-23)
      Dec 23, 2020 · 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
    Business email
    info@sfeic.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    213-612-0220reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    213-612-0329reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    800-445-6320reportedpublished by the firm, firm site, Sep 15, 2026
    Website
    SFEIC.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    213-612-0220reportedpublic record, Form ADV, Dec 3, 2025
    Contact form
    sfeic.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    sfeic.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
    $68.0Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026