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••• L••• G•••• W••••• M••••••••• L••

Independent wealth managerCRD 150964SEC 801-124756websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 17 filings
SEC status approved since Apr 25, 2022
RAUM
$123M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$114M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$123M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
2
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$123M as of Mar 31, 2026
Mar 30, 2012$50.7M then
HNW client RAUM$100M as of Mar 31, 2026
Mar 24, 2023$72.1M then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)3 as of Mar 31, 2026
Mar 24, 20232 then
Private funds2 as of Mar 31, 2026
Mar 24, 20232 then
RAUM +9.7% over the last fiscal year+10% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 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
  • 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)
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$123MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
60derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$431,481derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+9.7%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.1%derived
Compensation
percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
yesreportedItem 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$100M82%
  • Individuals$13.8M11%
  • Pooled investment vehicles$8.6M7.0%
Individual clients
19reported
HNW clients
41reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
284reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.93 fund_share=0.07 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••••• L•••• K••••Certified Financial PlannerPark City, UtJul 30, 201235 y3
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
2 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
M•• V•••••• P••••••• L• • F•Venture Capital Fund$6.6M4Mar 25, 2022
M•• V•••••• P••••••• L• • R•Venture Capital Fund$2.0M23Mar 25, 2022
Owners and control persons
Schedule A and B, latest filing
  • K••••• D••••••• L•••• · Managing Member Chief Compliance Officercontrol
    since 08/2009 · owns 75% or more
Related persons
Schedule D 7.A
  • M•• V•••••• P••••••• L•• • F•
    pooled vehicle sponsorn
  • M•• V•••••• P••••••• L•• • R•
    pooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
  • Conshohocken, PA1 employees
What changed
consecutive filings, newest first
  • Accounts · 274 to 284
    Jun 23, 2025 to Mar 31, 2026
  • HNW clients · 39 to 41
    Jun 23, 2025 to Mar 31, 2026
  • Individual clients · 16 to 19
    Jun 23, 2025 to Mar 31, 2026
  • Employees · 2 to 3
    Jun 23, 2025 to Mar 31, 2026
  • Discretionary RAUM · $112M to $122M
    Jun 23, 2025 to Mar 31, 2026
  • HNW RAUM · $92.5M to $100M
    Jun 23, 2025 to Mar 31, 2026
  • Individual RAUM · $10.6M to $13.8M
    Jun 23, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $175,606 to $65,153
    Jun 23, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $8.6M to $8.6M
    Jun 23, 2025 to Mar 31, 2026
  • RAUM · $112M to $123M
    Jun 23, 2025 to Mar 31, 2026
  • Financial planning clients · 26-50 to 26-50
    Mar 31, 2025 to Jun 23, 2025
  • Accounts · 253 to 274
    Mar 27, 2024 to Mar 31, 2025
  • Individual clients · 17 to 16
    Mar 27, 2024 to Mar 31, 2025
  • HQ city · unset to
    Mar 27, 2024 to Mar 31, 2025
  • HQ state · unset to
    Mar 27, 2024 to Mar 31, 2025
  • Discretionary RAUM · $103M to $112M
    Mar 27, 2024 to Mar 31, 2025
  • HNW RAUM · $83.2M to $92.5M
    Mar 27, 2024 to Mar 31, 2025
  • Individual RAUM · $11.1M to $10.6M
    Mar 27, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $0 to $175,606
    Mar 27, 2024 to Mar 31, 2025
  • Pooled vehicle RAUM · $8.6M to $8.6M
    Mar 27, 2024 to Mar 31, 2025
  • RAUM · $103M to $112M
    Mar 27, 2024 to Mar 31, 2025
  • Accounts · 231 to 253
    Oct 12, 2023 to Mar 27, 2024
  • BD registered reps · 1 to 0
    Oct 12, 2023 to Mar 27, 2024
  • HNW clients · 40 to 39
    Oct 12, 2023 to Mar 27, 2024
  • Individual clients · 14 to 17
    Oct 12, 2023 to Mar 27, 2024
  • Discretionary RAUM · $91.1M to $103M
    Oct 12, 2023 to Mar 27, 2024
  • HNW RAUM · $72.1M to $83.2M
    Oct 12, 2023 to Mar 27, 2024
  • Individual RAUM · $10.3M to $11.1M
    Oct 12, 2023 to Mar 27, 2024
  • Pooled vehicle RAUM · $8.7M to $8.6M
    Oct 12, 2023 to Mar 27, 2024
  • RAUM · $91.1M to $103M
    Oct 12, 2023 to Mar 27, 2024
  • HQ city · CONSHOHOCKEN to unset
    Apr 29, 2023 to Jul 26, 2023
  • HQ state · PA to unset
    Apr 29, 2023 to Jul 26, 2023
  • Other offices · 0 to 1
    Apr 29, 2023 to Jul 26, 2023
  • Accounts · 249 to 231
    Mar 30, 2022 to Mar 24, 2023
  • HNW clients · 42 to 40
    Mar 30, 2022 to Mar 24, 2023
  • Individual clients · 19 to 14
    Mar 30, 2022 to Mar 24, 2023
  • Employees · 3 to 2
    Mar 30, 2022 to Mar 24, 2023
  • Discretionary RAUM · $113M to $91.1M
    Mar 30, 2022 to Mar 24, 2023
  • HNW RAUM · $95.3M to $72.1M
    Mar 30, 2022 to Mar 24, 2023
  • Individual RAUM · $12.3M to $10.3M
    Mar 30, 2022 to Mar 24, 2023
Signals
1 dated events
  • M••• L••• G•••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Mar 25, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business phone
610-643-3047reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
610-828-8288reportedpublished by the firm, firm site, Sep 16, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
610-828-8288reportedpublic record, Form ADV, Mar 31, 2026
Contact form
mlgwm.com/contactreportedpublished by the firm, firm site, Sep 16, 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
$123Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026