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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Former SEC-registered adviser

K•••••• A•••••••

Former SEC-registered adviserFort Worth, TexasCRD 158571SEC 801-72936IAPD
Legal name K•••••• F•••••••• S•••••••• L•
Latest filing Dec 20, 2018
First filing on the tape Dec 1, 2011 · 41 filings
RAUM
$414M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$407M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
19
10 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$414M as of Mar 29, 2018
May 2, 2012$175M then
HNW client RAUM: $225M
State-registered IARs (5.B.3)10 as of Mar 29, 2018
Feb 22, 20133 then
Employees (5.A)19 as of Mar 29, 2018
Feb 22, 201313 then
Private funds: no history
RAUM +26% over the last fiscal year+31% a year over threeIARs 4 to 10
Practice profile
derived from the filing of Dec 20, 2018; every figure names its basis
RAUM per advisor
$41.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
83derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$216,085derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
2.0derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+26%derivedbetween the last two annual amendments
Advisor growth, one year
+150%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$189M, 25 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$225M54%
  • Individuals$182M44%
  • Corporations and businesses$3.9M0.9%
  • Pension and profit-sharing plans$2.1M0.5%
  • Charitable organizations$815,8330.2%
Individual clients
732reported
HNW clients
101reported
Pension plan clients
1reported
Charitable clients
2reported
Accounts
1,915reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$189M for 25 clientsreported
Compensation
% of AUM, hourlyreported
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
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
    • K••••••• T•••••• A••••• · President/Chief Compliance Officer/Managing Membercontrol
      since 12/1995 · owns 75% or more
    • P•••••••• J••••••• C•••••• · Managing Partner
      since 07/2009 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    • B••••• I•••••••• A•••••• L••
      real estaten
    • B•••••• I•••
      broker-dealern
    • K•••••••••
      insurancen
    • L•• O••••• O• J•••• B• J••••••• P•••
      n
    • M••••• H•••• L••
      insurancen
    Offices
    Schedule D 1.F, the 25 largest
    • Denver, CO3 employees
    • Louisville, CO3 employees
    • Colleyville, TX1 employees
    • Hurst, TX1 employees
    What changed
    consecutive filings, newest first
    • Advisory employees · 11 to 10
      Aug 13, 2018 to Dec 20, 2018
    • Employees · 20 to 19
      Aug 13, 2018 to Dec 20, 2018
    • State-registered IARs · 11 to 10
      Aug 13, 2018 to Dec 20, 2018
    • Other offices · 5 to 4
      Jun 8, 2018 to Aug 13, 2018
    • Advisory employees · 10 to 11
      Apr 26, 2018 to May 7, 2018
    • BD registered reps · 10 to 11
      Apr 26, 2018 to May 7, 2018
    • Employees · 19 to 20
      Apr 26, 2018 to May 7, 2018
    • State-registered IARs · 10 to 11
      Apr 26, 2018 to May 7, 2018
    • Accounts · 1,738 to 1,915
      Mar 13, 2018 to Mar 29, 2018
    • Advisory employees · 11 to 10
      Mar 13, 2018 to Mar 29, 2018
    • Advisory activities · 2 to 3
      Mar 13, 2018 to Mar 29, 2018
    • BD registered reps · 9 to 10
      Mar 13, 2018 to Mar 29, 2018
    • Corporate clients · 4 to 10
      Mar 13, 2018 to Mar 29, 2018
    • HNW clients · 41 to 101
      Mar 13, 2018 to Mar 29, 2018
    • Individual clients · 1,691 to 732
      Mar 13, 2018 to Mar 29, 2018
    • Pension plan clients · 0 to 1
      Mar 13, 2018 to Mar 29, 2018
    • Assets in custody · $20.0M to $189M
      Mar 13, 2018 to Mar 29, 2018
    • Employees · 25 to 19
      Mar 13, 2018 to Mar 29, 2018
    • State-registered IARs · 11 to 10
      Mar 13, 2018 to Mar 29, 2018
    • Discretionary RAUM · $328M to $414M
      Mar 13, 2018 to Mar 29, 2018
    • HNW RAUM · $114M to $225M
      Mar 13, 2018 to Mar 29, 2018
    • Individual RAUM · $214M to $182M
      Mar 13, 2018 to Mar 29, 2018
    • Pension RAUM · $0 to $2.1M
      Mar 13, 2018 to Mar 29, 2018
    • RAUM · $328M to $414M
      Mar 13, 2018 to Mar 29, 2018
    • Related adviser · false to true
      Mar 13, 2018 to Mar 29, 2018
    • Related broker-dealer · false to true
      Mar 13, 2018 to Mar 29, 2018
    • Advisory employees · 9 to 10
      Oct 18, 2017 to Feb 8, 2018
    • Employees · 23 to 24
      Oct 18, 2017 to Feb 8, 2018
    • State-registered IARs · 6 to 10
      Oct 18, 2017 to Feb 8, 2018
    • Advisory employees · 10 to 11
      Feb 8, 2018 to Feb 8, 2018
    • Employees · 24 to 25
      Feb 8, 2018 to Feb 8, 2018
    • State-registered IARs · 10 to 11
      Feb 8, 2018 to Feb 8, 2018
    • Charity clients · unset to 2.0
      Sep 28, 2017 to Oct 18, 2017
    • Corporate clients · unset to 4.0
      Sep 28, 2017 to Oct 18, 2017
    • HNW clients · unset to 41.0
      Sep 28, 2017 to Oct 18, 2017
    • Individual clients · unset to 1691.0
      Sep 28, 2017 to Oct 18, 2017
    • Pension plan clients · unset to 0.0
      Sep 28, 2017 to Oct 18, 2017
    • Pooled vehicle clients · unset to 0.0
      Sep 28, 2017 to Oct 18, 2017
    • Other offices · unset to 4.0
      Sep 28, 2017 to Oct 18, 2017
    • HNW RAUM · unset to 113701219.0
      Sep 28, 2017 to Oct 18, 2017
    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.
    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