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

P••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Evanston, IllinoisCRD 146761SEC 801-69256websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Mar 29, 2012 · 21 filings
SEC status approved since Jun 17, 2008
RAUM
$258M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
6
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$258M as of Mar 26, 2026
Mar 29, 2012$118M then
HNW client RAUM$0 as of Mar 26, 2026
Mar 22, 2019$0 then
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Mar 15, 20130 then
Employees (5.A)5 as of Mar 26, 2026
Mar 15, 20137 then
Private funds6 as of Mar 26, 2026
Mar 29, 20123 then
RAUM +4.7% over the last fiscal year+6.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$51.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+4.7%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
Custody
$246M, 6 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
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$258M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
5reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$246M for 6 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      6 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • C••••••• K••••• A••• · Managing Member, Chief Compliance Officercontrol
        since 06/2006 · owns 25% to 50%
      • T••••• C••••••••• T••••••• · Managing Membercontrol
        since 06/2006 · owns 50% to 75%
      • M•••••••• T••••••• D••••• · Member
        since 05/2009 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 5
        Mar 25, 2025 to Mar 26, 2026
      • Discretionary RAUM · $246M to $258M
        Mar 25, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $246M to $258M
        Mar 25, 2025 to Mar 26, 2026
      • RAUM · $246M to $258M
        Mar 25, 2025 to Mar 26, 2026
      • Accounts · 7 to 6
        Mar 28, 2024 to Mar 25, 2025
      • Assets in custody · $223M to $246M
        Mar 28, 2024 to Mar 25, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 25, 2025
      • Discretionary RAUM · $223M to $246M
        Mar 28, 2024 to Mar 25, 2025
      • Pooled vehicle RAUM · $223M to $246M
        Mar 28, 2024 to Mar 25, 2025
      • RAUM · $223M to $246M
        Mar 28, 2024 to Mar 25, 2025
      • Assets in custody · $215M to $223M
        Mar 27, 2023 to Mar 28, 2024
      • Discretionary RAUM · $215M to $223M
        Mar 27, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $215M to $223M
        Mar 27, 2023 to Mar 28, 2024
      • RAUM · $215M to $223M
        Mar 27, 2023 to Mar 28, 2024
      • Accounts · 6 to 7
        Sep 21, 2022 to Mar 27, 2023
      • Assets in custody · $366M to $215M
        Sep 21, 2022 to Mar 27, 2023
      • Private funds · 5 to 6
        Sep 21, 2022 to Mar 27, 2023
      • Discretionary RAUM · $228M to $215M
        Sep 21, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $228M to $215M
        Sep 21, 2022 to Mar 27, 2023
      • RAUM · $228M to $215M
        Sep 21, 2022 to Mar 27, 2023
      • Assets in custody · $221M to $366M
        Mar 29, 2022 to Apr 8, 2022
      • Advisory activities · 4 to 3
        Nov 4, 2021 to Mar 29, 2022
      • Pooled vehicle clients · 5 to 6
        Nov 4, 2021 to Mar 29, 2022
      • Assets in custody · $238M to $221M
        Nov 4, 2021 to Mar 29, 2022
      • Employees · 7 to 5
        Nov 4, 2021 to Mar 29, 2022
      • Discretionary RAUM · $238M to $228M
        Nov 4, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $230M to $228M
        Nov 4, 2021 to Mar 29, 2022
      • RAUM · $238M to $228M
        Nov 4, 2021 to Mar 29, 2022
      • Assets in custody · $299M to $238M
        Mar 24, 2020 to Mar 25, 2021
      • Discretionary RAUM · $307M to $238M
        Mar 24, 2020 to Mar 25, 2021
      • Pooled vehicle RAUM · $299M to $230M
        Mar 24, 2020 to Mar 25, 2021
      • RAUM · $307M to $238M
        Mar 24, 2020 to Mar 25, 2021
      • Assets in custody · $265M to $299M
        Mar 22, 2019 to Mar 24, 2020
      • Discretionary RAUM · $274M to $307M
        Mar 22, 2019 to Mar 24, 2020
      • Pooled vehicle RAUM · $265M to $299M
        Mar 22, 2019 to Mar 24, 2020
      • RAUM · $274M to $307M
        Mar 22, 2019 to Mar 24, 2020
      • Accounts · 5 to 6
        Mar 27, 2018 to Mar 22, 2019
      • Pooled vehicle clients · 4 to 5
        Mar 27, 2018 to Mar 22, 2019
      • Assets in custody · $208M to $265M
        Mar 27, 2018 to Mar 22, 2019
      • Private funds · 4 to 5
        Mar 27, 2018 to Mar 22, 2019
      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
      P•••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      224-420-7040reportedpublic record, Form ADV, Mar 26, 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
      Asset manager (funds and pooled vehicles)deriveda 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