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

M••••••• M••••• L••

Independent wealth managerEau-Claire, WisconsinCRD 145571SEC 801-132140websiteIAPD
Latest filing Apr 1, 2026
First filing on the tape Mar 11, 2025 · 4 filings
SEC status approved since Mar 10, 2025
RAUM
$164M
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
100%
$164M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$81.9M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$164M as of Apr 1, 2026
Mar 11, 2025$135M then
HNW client RAUM$113M as of Apr 1, 2026
Mar 11, 2025$79.0M then
State-registered IARs (5.B.3)2 as of Apr 1, 2026
Mar 11, 20252 then
Employees (5.A)3 as of Apr 1, 2026
Mar 11, 20253 then
Private funds: no history
RAUM +21% over the last fiscal yearIARs 2 to 2offices 1 to 2
Practice profile
derived from the filing of Apr 1, 2026; 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$81.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
81derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$285,243derivedRAUM over accounts (5.F.2.f)
Discretionary
90%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
0.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.6%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Wrap fee program
$161MreportedItem 5.I
Custody
$75.3M, 409 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)
  • 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$113M69%
  • Individuals$51.2M31%
Individual clients
84reported
HNW clients
78reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
574reported
Financial planning clients
0reported
Wrap fee programs
$161M sponsored, $0 managedreported
Custody of client assets
$75.3M for 409 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K•••• P••• M•••••••Eau-Claire, WiJan 9, 200838 y1
D••••• P••• M•••••••Madison, Wi Feb 5, 202511 y0
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
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M•••••••• K••••• P••• · Managing Member And Ccocontrol
    since 09/2007 · 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
Eauclaire, Wi200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Other offices · 1 to 2
    Mar 16, 2026 to Apr 1, 2026
  • Accounts · 536 to 574
    May 19, 2025 to Mar 16, 2026
  • HNW clients · 58 to 78
    May 19, 2025 to Mar 16, 2026
  • Individual clients · 94 to 84
    May 19, 2025 to Mar 16, 2026
  • Assets in custody · $32.9M to $75.3M
    May 19, 2025 to Mar 16, 2026
  • Discretionary RAUM · $126M to $147M
    May 19, 2025 to Mar 16, 2026
  • HNW RAUM · $79.0M to $113M
    May 19, 2025 to Mar 16, 2026
  • Individual RAUM · $55.8M to $51.2M
    May 19, 2025 to Mar 16, 2026
  • Non-discretionary RAUM · $9.1M to $17.2M
    May 19, 2025 to Mar 16, 2026
  • RAUM · $135M to $164M
    May 19, 2025 to Mar 16, 2026
  • Wrap assets (manager) · $133M to $0
    May 19, 2025 to Mar 16, 2026
  • Wrap assets (sponsor) · $133M to $161M
    May 19, 2025 to Mar 16, 2026
  • Financial planning clients · 0 to 0
    Mar 11, 2025 to May 19, 2025
Signals
No event on the tape.
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
Website
onyourmoney.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(715) 835-2732reportedpublic record, Form ADV, Apr 1, 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
$81.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026