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.

Former SEC-registered adviser

Kleinhenz & Associates Ltd.

Former SEC-registered adviserCRD 146015SEC 801-112556websiteIAPD
Latest filing Feb 19, 2025
First filing on the tape Feb 1, 2018 · 14 filings
SEC status approved since Mar 5, 2018
RAUM
$174M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$168M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$174M as of Feb 19, 2025
Jan 29, 2019$98.5M then
HNW client RAUM$160M as of Feb 19, 2025
Jan 29, 2019$92.3M then
State-registered IARs (5.B.3)3 as of Feb 19, 2025
Jan 29, 20192 then
Employees (5.A)3 as of Feb 19, 2025
Jan 29, 20193 then
Private funds: no history
RAUM +13% over the last fiscal year+6.8% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Feb 19, 2025; every figure names its basis
RAUM per advisor
$57.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
29derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$843,925derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Custody
$11.9M, 14 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)
  • 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$160M92%
  • Individuals$8.6M4.9%
  • Charitable organizations$5.6M3.2%
Individual clients
23reported
HNW clients
65reported
Pension plan clients
n/areported
Charitable clients
5reported
Accounts
206reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$11.9M for 14 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 days2 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Edward John Kleinhenz · Member & Chief Economistcontrol
      since 11/2007 · owns 25% to 50%
    • Rose Karen Kleinhenz · Chief Compliance Officer & Managing Membercontrol
      since 11/2007 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Cleveland Heights, Oh0021
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 220 to 206
      Feb 22, 2024 to Feb 19, 2025
    • Business name · KLEINHENZ & ASSOCIATES, LTD. to KLEINHENZ & ASSOCIATES LTD.
      Feb 22, 2024 to Feb 19, 2025
    • Charity clients · unset to 5.0
      Feb 22, 2024 to Feb 19, 2025
    • HNW clients · 63 to 65
      Feb 22, 2024 to Feb 19, 2025
    • Individual clients · 25 to 23
      Feb 22, 2024 to Feb 19, 2025
    • Assets in custody · $13.1M to $11.9M
      Feb 22, 2024 to Feb 19, 2025
    • Financial planning clients · unset to
      Feb 22, 2024 to Feb 19, 2025
    • HQ city · unset to
      Feb 22, 2024 to Feb 19, 2025
    • HQ state · unset to
      Feb 22, 2024 to Feb 19, 2025
    • Legal name · KLEINHENZ & ASSOCIATES, LTD. to KLEINHENZ & ASSOCIATES LTD.
      Feb 22, 2024 to Feb 19, 2025
    • Discretionary RAUM · $154M to $174M
      Feb 22, 2024 to Feb 19, 2025
    • HNW RAUM · $144M to $160M
      Feb 22, 2024 to Feb 19, 2025
    • Individual RAUM · $9.7M to $8.6M
      Feb 22, 2024 to Feb 19, 2025
    • RAUM · $154M to $174M
      Feb 22, 2024 to Feb 19, 2025
    • Accounts · 213 to 220
      Mar 4, 2023 to Feb 22, 2024
    • HNW clients · 58 to 63
      Mar 4, 2023 to Feb 22, 2024
    • Individual clients · 30 to 25
      Mar 4, 2023 to Feb 22, 2024
    • Assets in custody · $10.0M to $13.1M
      Mar 4, 2023 to Feb 22, 2024
    • Discretionary RAUM · $127M to $154M
      Mar 4, 2023 to Feb 22, 2024
    • HNW RAUM · $116M to $144M
      Mar 4, 2023 to Feb 22, 2024
    • Individual RAUM · $10.2M to $9.7M
      Mar 4, 2023 to Feb 22, 2024
    • RAUM · $127M to $154M
      Mar 4, 2023 to Feb 22, 2024
    • Accounts · 87 to 213
      Feb 8, 2022 to Feb 3, 2023
    • Charity clients · 0.0 to unset
      Feb 8, 2022 to Feb 3, 2023
    • Corporate clients · 0.0 to unset
      Feb 8, 2022 to Feb 3, 2023
    • HNW clients · 67 to 58
      Feb 8, 2022 to Feb 3, 2023
    • Individual clients · 20 to 30
      Feb 8, 2022 to Feb 3, 2023
    • Pension plan clients · 0.0 to unset
      Feb 8, 2022 to Feb 3, 2023
    • Pooled vehicle clients · 0.0 to unset
      Feb 8, 2022 to Feb 3, 2023
    • Assets in custody · $8.7M to $10.0M
      Feb 8, 2022 to Feb 3, 2023
    • HQ city · CLEVELAND to unset
      Feb 8, 2022 to Feb 3, 2023
    • HQ state · OH to unset
      Feb 8, 2022 to Feb 3, 2023
    • Discretionary RAUM · $143M to $127M
      Feb 8, 2022 to Feb 3, 2023
    • HNW RAUM · $137M to $116M
      Feb 8, 2022 to Feb 3, 2023
    • Individual RAUM · $5.4M to $10.2M
      Feb 8, 2022 to Feb 3, 2023
    • Pension RAUM · 0.0 to unset
      Feb 8, 2022 to Feb 3, 2023
    • Pooled vehicle RAUM · 0.0 to unset
      Feb 8, 2022 to Feb 3, 2023
    • RAUM · $143M to $127M
      Feb 8, 2022 to Feb 3, 2023
    • Accounts · 182 to 87
      Feb 18, 2021 to Feb 8, 2022
    • HNW clients · 69 to 67
      Feb 18, 2021 to Feb 8, 2022
    Signals
    5 dated events
    • Kleinhenz & Associates Ltd. no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $173.8M)
      Dec 20, 2025 · Left the SEC roster · derived
    • Karen Rose Kleinhenz left Kleinhenz & Associates Ltd. for Arax Advisory Partners (registered 2025-09-10)
      Oct 24, 2025 · Advisor changed firm · fact
    • John Edward Kleinhenz left Kleinhenz & Associates Ltd. for Arax Advisory Partners (registered 2025-09-10)
      Oct 24, 2025 · Advisor changed firm · fact
    • 2 advisors left Kleinhenz & Associates LTD. (Cleveland Heights, OH) for Arax Advisory Partners on the same day
      Oct 24, 2025 · Team lift-out · derived
    • Kleinhenz & Associates, Ltd. filed its initial SEC registration (Form ADV)
      Feb 1, 2018 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026