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

K••••••••• A••••••• L••

Independent wealth managerSan Antonio, TexasCRD 169471SEC 801-92169websiteIAPD
Latest filing Jun 26, 2026
First filing on the tape Apr 7, 2015 · 20 filings
SEC status approved since Apr 17, 2015
RAUM
$555M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
92%
$509M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$185M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$555M as of Jun 26, 2026
Mar 16, 2016$117M then
HNW client RAUM$443M as of Jun 26, 2026
Mar 26, 2018$123M then
State-registered IARs (5.B.3)3 as of Jun 26, 2026
Mar 16, 20164 then
Employees (5.A)5 as of Jun 26, 2026
Mar 16, 20164 then
Private funds: no history
RAUM +19% over the last fiscal year+17% a year over threeIARs 3 to 3offices 2 to 4
Practice profile
derived from the filing of Jun 26, 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
RAUM per advisor
$185MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
109derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.6MderivedHNW RAUM over HNW clients
Average account
$767,267derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
3.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
0.6derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$443M80%
  • Individuals$66.5M12%
  • Corporations and businesses$24.4M4.4%
  • Charitable organizations$11.7M2.1%
  • Pension and profit-sharing plans$8.1M1.5%
  • Other investment advisers$992,4800.2%
  • Insurance companies$84,6420.0%
Individual clients
231reported
HNW clients
96reported
Pension plan clients
5reported
Charitable clients
5reported
Accounts
723reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•••••• S•••••• D••••Chartered Financial AnalystSan Antonio, TxFeb 3, 201430 y3
J••••• K•••••••••Certified Financial PlannerSan Antonio, TxMar 26, 201418 y0
J•• B•••• K•••••••••San Antonio, TxMar 31, 201447 y0
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
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D••••• J••••••• S•••••• · Treasurer, Cfo, Sr. Vp, Ccocontrol
    since 08/2013 · owns less than 5%
  • K••••••••• J••• B•••• · Presidentcontrol
    since 08/2013 · owns 75% or more
  • W••••• K•••••••• S••••• · Secretary
    since 08/2013 · owns less than 5%
Related persons
Schedule D 7.A
  • A••• I•••••••• C••••••
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Antonio, Tx · principal300
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Other offices · 2 to 4
    Mar 2, 2026 to Jun 26, 2026
  • Accounts · 696 to 723
    Feb 24, 2025 to Mar 2, 2026
  • Charity clients · 4 to 5
    Feb 24, 2025 to Mar 2, 2026
  • Corporate clients · 27 to 13
    Feb 24, 2025 to Mar 2, 2026
  • HNW clients · 74 to 96
    Feb 24, 2025 to Mar 2, 2026
  • Individual clients · 227 to 231
    Feb 24, 2025 to Mar 2, 2026
  • Discretionary RAUM · $420M to $547M
    Feb 24, 2025 to Mar 2, 2026
  • HNW RAUM · $314M to $443M
    Feb 24, 2025 to Mar 2, 2026
  • Individual RAUM · $65.0M to $66.5M
    Feb 24, 2025 to Mar 2, 2026
  • Non-discretionary RAUM · $45.6M to $7.8M
    Feb 24, 2025 to Mar 2, 2026
  • Pension RAUM · $8.3M to $8.1M
    Feb 24, 2025 to Mar 2, 2026
  • RAUM · $466M to $555M
    Feb 24, 2025 to Mar 2, 2026
  • Accounts · 702 to 696
    Feb 21, 2024 to Feb 24, 2025
  • Corporate clients · 31 to 27
    Feb 21, 2024 to Feb 24, 2025
  • HNW clients · 51 to 74
    Feb 21, 2024 to Feb 24, 2025
  • Individual clients · 226 to 227
    Feb 21, 2024 to Feb 24, 2025
  • Pension plan clients · 6 to 5
    Feb 21, 2024 to Feb 24, 2025
  • Financial planning clients · 1-10 to 0
    Feb 21, 2024 to Feb 24, 2025
  • Discretionary RAUM · $356M to $420M
    Feb 21, 2024 to Feb 24, 2025
  • HNW RAUM · $227M to $314M
    Feb 21, 2024 to Feb 24, 2025
  • Individual RAUM · $66.3M to $65.0M
    Feb 21, 2024 to Feb 24, 2025
  • Non-discretionary RAUM · $38.4M to $45.6M
    Feb 21, 2024 to Feb 24, 2025
  • Pension RAUM · $7.3M to $8.3M
    Feb 21, 2024 to Feb 24, 2025
  • RAUM · $395M to $466M
    Feb 21, 2024 to Feb 24, 2025
  • Accounts · 556 to 702
    May 11, 2023 to Feb 21, 2024
  • Corporate clients · 32 to 31
    May 11, 2023 to Feb 21, 2024
  • HNW clients · 103 to 51
    May 11, 2023 to Feb 21, 2024
  • Individual clients · 244 to 226
    May 11, 2023 to Feb 21, 2024
  • Pension plan clients · 7 to 6
    May 11, 2023 to Feb 21, 2024
  • Discretionary RAUM · $340M to $356M
    May 11, 2023 to Feb 21, 2024
  • HNW RAUM · $191M to $227M
    May 11, 2023 to Feb 21, 2024
  • Individual RAUM · $70.5M to $66.3M
    May 11, 2023 to Feb 21, 2024
  • Non-discretionary RAUM · $8.1M to $38.4M
    May 11, 2023 to Feb 21, 2024
  • Pension RAUM · $6.9M to $7.3M
    May 11, 2023 to Feb 21, 2024
  • RAUM · $348M to $395M
    May 11, 2023 to Feb 21, 2024
  • Accounts · 660 to 556
    Jan 27, 2022 to Feb 15, 2023
  • Corporate clients · 98 to 32
    Jan 27, 2022 to Feb 15, 2023
  • HNW clients · 72 to 103
    Jan 27, 2022 to Feb 15, 2023
  • Individual clients · 149 to 244
    Jan 27, 2022 to Feb 15, 2023
  • Pension plan clients · 6 to 7
    Jan 27, 2022 to Feb 15, 2023
Signals
1 dated events
  • K••••••••• A••••••• L•• filed its initial SEC registration (Form ADV)
    Apr 7, 2015 · 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
k•••••@k•••••••••.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
210-561-3317reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
210-694-5000reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
800-346-8013reportedpublished by the firm, firm site, Sep 17, 2026
Website
K•••••••••.COM/KERCHEVILE-ADVISORSreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
210-694-5000reportedpublic record, Form ADV, Jun 26, 2026
Contact form
k•••••••••.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
$185Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026