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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
D•• M••••• I••••••••• L••
Latest filing Jun 17, 2026
First filing on the tape Nov 4, 2021 · 23 filings
SEC status approved since Mar 3, 2022
RAUM
$246M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$246M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$61.5M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$246M as of Jun 17, 2026
Mar 1, 2022$140M then
HNW client RAUM$100M as of Jun 17, 2026
Mar 1, 2022$30.0M then
State-registered IARs (5.B.3)3 as of Jun 17, 2026
Mar 1, 20222 then
Employees (5.A)4 as of Jun 17, 2026
Mar 1, 20222 then
Private funds: no history
RAUM +29% over the last fiscal year+21% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Jun 17, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- RAUM per advisor
- $61.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 175derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.3MderivedHNW RAUM over HNW clients
- Average account
- $164,329derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +29%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +27%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- 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
- is an insurance broker or agent (6.A.6)
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$146M59%
- High-net-worth individuals$100M41%
- Individual clients
- 625reported
- HNW clients
- 75reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,497reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- 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
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| D•••• D••••• H•••••Certified Financial Planner, Chartered Financial Consultant | Des M•••••, Ia | Jan 25, 2008 | 32 y | 2 |
| M•••••• S••• K•••••••• | Urbandale, Ia | Dec 17, 2021 | 30 y | 3 |
| D••••• T• K•••••••• | Des M•••••, Ia | Feb 20, 2025 | 12 y | 0 |
| L•••• D•••••• K••• | Des M•••••, Ia | May 27, 2026 | 15 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
- M•••••• S••• K•••••••• to D•• M••••• W••••• M••••••••• L••Nov 4, 2021 · Other
Joined, latest
- M•••••• S••• K•••••••• from D•• M••••• W••••• M••••••••• L••Dec 17, 2021 · Other
- M•••••• S••• K•••••••• from A••••••••• F•••••••• S•••••••• L••Aug 24, 2020 · Affiliated broker-dealer or bank to independent RIA
- J••• W•••• A••••• from C•••••••• I••••••••• R••••••• A•••••••• I•••Jul 15, 2014 · Other
- D•••• D••••• H••••• from S••••••••• I••••••••• A•••••••• I•••Jan 25, 2008 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- H•••••• D••••• D••••• · Ownercontrolsince 10/2006 · owns 75% or more
- K••••••••• M••••••• S••• · Ccosince 01/2021 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Des M•••••, Ia · principal | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- account count surgeChange between filings · filing Feb 19, 2026accounts (Item 5.F.2.f) moved from 750.0 to 1,497.0 (+100.0%) between the annual amendments of 2025-03-10 and 2026-02-19; the peer median change was +5.0% (3687 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,687) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 750 to 1,497Mar 10, 2025 to Jan 12, 2026
- Advisory activities · 3 to 2Mar 10, 2025 to Jan 12, 2026
- HNW clients · 50 to 75Mar 10, 2025 to Jan 12, 2026
- Individual clients · 500 to 625Mar 10, 2025 to Jan 12, 2026
- Financial planning clients · 251-500 to 0Mar 10, 2025 to Jan 12, 2026
- Discretionary RAUM · $190M to $246MMar 10, 2025 to Jan 12, 2026
- HNW RAUM · $60.0M to $100MMar 10, 2025 to Jan 12, 2026
- Individual RAUM · $130M to $146MMar 10, 2025 to Jan 12, 2026
- RAUM · $190M to $246MMar 10, 2025 to Jan 12, 2026
- Accounts · 1,000 to 750Dec 12, 2024 to Mar 10, 2025
- Advisory employees · 2 to 3Dec 12, 2024 to Mar 10, 2025
- Individual clients · 450 to 500Dec 12, 2024 to Mar 10, 2025
- Financial planning clients · 251-500 to 251-500Dec 12, 2024 to Mar 10, 2025
- State-registered IARs · 2 to 3Dec 12, 2024 to Mar 10, 2025
- Discretionary RAUM · $170M to $190MDec 12, 2024 to Mar 10, 2025
- HNW RAUM · $50.0M to $60.0MDec 12, 2024 to Mar 10, 2025
- Individual RAUM · $120M to $130MDec 12, 2024 to Mar 10, 2025
- RAUM · $170M to $190MDec 12, 2024 to Mar 10, 2025
- Accounts · 400 to 1,000Dec 4, 2023 to Mar 26, 2024
- Advisory employees · 1 to 2Dec 4, 2023 to Mar 26, 2024
- Individual clients · 350 to 450Dec 4, 2023 to Mar 26, 2024
- Employees · 1 to 4Dec 4, 2023 to Mar 26, 2024
- State-registered IARs · 1 to 2Dec 4, 2023 to Mar 26, 2024
- Discretionary RAUM · $140M to $170MDec 4, 2023 to Mar 26, 2024
- HNW RAUM · $30.0M to $50.0MDec 4, 2023 to Mar 26, 2024
- Individual RAUM · $110M to $120MDec 4, 2023 to Mar 26, 2024
- RAUM · $140M to $170MDec 4, 2023 to Mar 26, 2024
- Advisory employees · 2 to 1Sep 8, 2022 to Mar 27, 2023
- Employees · 2 to 1Sep 8, 2022 to Mar 27, 2023
- State-registered IARs · 2 to 1Sep 8, 2022 to Mar 27, 2023
- Accounts · 325 to 400Nov 9, 2021 to Jan 28, 2022
- Advisory employees · 1 to 2Nov 9, 2021 to Jan 28, 2022
- HNW clients · 30 to 50Nov 9, 2021 to Jan 28, 2022
- Individual clients · 295 to 350Nov 9, 2021 to Jan 28, 2022
- Employees · 1 to 2Nov 9, 2021 to Jan 28, 2022
- State-registered IARs · 1 to 2Nov 9, 2021 to Jan 28, 2022
- Discretionary RAUM · $115M to $140MNov 9, 2021 to Jan 28, 2022
- Individual RAUM · $85.0M to $110MNov 9, 2021 to Jan 28, 2022
- RAUM · $115M to $140MNov 9, 2021 to Jan 28, 2022
- Accounts · 425 to 325Nov 4, 2021 to Nov 9, 2021
Signals
1 dated events
- D•• M••••• I••••••••• L•• filed its initial SEC registration (Form ADV)Nov 4, 2021 · 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.
How to reach
public business contact points only, each with its source
- Business email
- d•••@i•••••••••.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 515-278-0202reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 515-777-1149reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- i•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 515-777-1149reportedpublic record, Form ADV, Jun 17, 2026
- Contact form
- i•••••••••.comreportedpublished by the firm, firm site, Sep 17, 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
- $61.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026