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.
SEC-registered adviser
Kanen Wealth Management LLC
Latest filing May 22, 2026
First filing on the tape Jun 20, 2019 · 18 filings
SEC status approved since Jul 22, 2019
RAUM
$405M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
20%
$82.7M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$202M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
3
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$405M as of May 22, 2026
Mar 30, 2020$98.8M then
HNW client RAUM$71.7M as of May 22, 2026
Mar 30, 2020$49.9M then
State-registered IARs (5.B.3)3 as of May 22, 2026
Mar 30, 20201 then
Employees (5.A)5 as of May 22, 2026
Mar 30, 20202 then
Private funds3 as of May 22, 2026
Mar 30, 20201 then
RAUM +19% over the last fiscal year+10% a year over threeIARs 3 to 3
Practice profile
derived from the filing of May 22, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- RAUM per advisor
- $202MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 124derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $651,885derivedHNW RAUM over HNW clients
- Average account
- $889,256derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.5derivedItem 5.A over advisors
- Advisors per office
- 1.0derived2 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
- +0.8%derived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for pooled vehicles, portfolio management for investment companies, otherreportedItem 5.G
- Custody
- $91.8M, 144 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)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$197M49%
- Investment companies$122M30%
- High-net-worth individuals$71.7M18%
- Individuals$11.0M2.7%
- Charitable organizations$2.4M0.6%
- Individual clients
- 137reported
- HNW clients
- 110reported
- Pension plan clients
- n/areported
- Charitable clients
- 4reported
- Accounts
- 455reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $91.8M for 144 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.2 fund_share=0.79 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| David Lawrence Kanen | Coral Springs, Fl | Mar 23, 2016 | 38 y | 3 |
| Janice Chiarenza | Nesconset, Ny | Feb 23, 2025 | 28 y | 1 |
Advisor movement
2 left, 1 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 100% of current headcount2 left over 36 months
Left, latest
- Dylan Clyde Smith to Global Wealth Management Investment Advisory, Inc.Apr 22, 2026 · RIA to RIA
- Marcelo Tresierra to Kestra Private Wealth Services, LLCFeb 24, 2026 · RIA to affiliated broker-dealer or bank
Joined, latest
- Marcelo Tresierra from Rockefeller Capital ManagementJan 6, 2026 · Affiliated broker-dealer or bank to independent RIA
- Janice Chiarenza from Morgan StanleyFeb 23, 2025 · Wirehouse to independent RIA
- Dylan Clyde Smith from Singer Wealth Advisors LLCMar 29, 2023 · RIA to RIA
- David Lawrence Kanen from Aegis Capital Corp.Mar 23, 2016 · Other
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Philotimo Fund, LP | Hedge Fund | $110M | 2 | Jun 20, 2019 |
Owners and control persons
Schedule A and B, latest filing
- Lawrence David Kanen · Member/Chief Compliance Officercontrolsince 02/2016 · owns 75% or more
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 |
|---|---|---|---|---|---|
| Coconut Creek, Fl · principal | 0 | 0 | 2 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- private fund count surgeChange between filings · filing Apr 30, 2026private funds (Schedule D 7.B.1) moved from 2.0 to 3.0 (+50.0%) between the annual amendments of 2025-03-28 and 2026-04-30; the peer median change was 0.0% (126 comparable advisers, 90.0th percentile of changes)peers: independent wealth managers, $100M to $500M (126) · 90% percentile
What changed
consecutive filings, newest first
- Accounts · 443 to 455Mar 28, 2025 to Apr 30, 2026
- Charity clients · 3 to 4Mar 28, 2025 to Apr 30, 2026
- HNW clients · 101 to 110Mar 28, 2025 to Apr 30, 2026
- Individual clients · 144 to 137Mar 28, 2025 to Apr 30, 2026
- Pooled vehicle clients · 2 to 3Mar 28, 2025 to Apr 30, 2026
- Assets in custody · $79.9M to $91.8MMar 28, 2025 to Apr 30, 2026
- Private funds · 2 to 3Mar 28, 2025 to Apr 30, 2026
- Discretionary RAUM · $337M to $401MMar 28, 2025 to Apr 30, 2026
- HNW RAUM · $69.0M to $71.7MMar 28, 2025 to Apr 30, 2026
- Individual RAUM · $12.0M to $11.0MMar 28, 2025 to Apr 30, 2026
- Non-discretionary RAUM · $3.7M to $4.0MMar 28, 2025 to Apr 30, 2026
- Pooled vehicle RAUM · $148M to $197MMar 28, 2025 to Apr 30, 2026
- RAUM · $341M to $405MMar 28, 2025 to Apr 30, 2026
- Accounts · 454 to 443Dec 9, 2024 to Mar 28, 2025
- Advisory employees · 2 to 3Dec 9, 2024 to Mar 28, 2025
- Charity clients · 2 to 3Dec 9, 2024 to Mar 28, 2025
- Corporate clients · 2.0 to unsetDec 9, 2024 to Mar 28, 2025
- HNW clients · 61 to 101Dec 9, 2024 to Mar 28, 2025
- Individual clients · 166 to 144Dec 9, 2024 to Mar 28, 2025
- Pension plan clients · 11.0 to unsetDec 9, 2024 to Mar 28, 2025
- Pooled vehicle clients · 1 to 2Dec 9, 2024 to Mar 28, 2025
- Assets in custody · $36.6M to $79.9MDec 9, 2024 to Mar 28, 2025
- Financial planning clients · 0 to 0Dec 9, 2024 to Mar 28, 2025
- State-registered IARs · 2 to 3Dec 9, 2024 to Mar 28, 2025
- Other offices · 0 to 1Dec 9, 2024 to Mar 28, 2025
- Private funds · 1 to 2Dec 9, 2024 to Mar 28, 2025
- Discretionary RAUM · $290M to $337MDec 9, 2024 to Mar 28, 2025
- HNW RAUM · $72.5M to $69.0MDec 9, 2024 to Mar 28, 2025
- Individual RAUM · $19.7M to $12.0MDec 9, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $2.9M to $3.7MDec 9, 2024 to Mar 28, 2025
- Pension RAUM · 4897029.0 to unsetDec 9, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $110M to $148MDec 9, 2024 to Mar 28, 2025
- RAUM · $292M to $341MDec 9, 2024 to Mar 28, 2025
- Accounts · 425 to 454Jun 29, 2023 to Mar 26, 2024
- Charity clients · unset to 2.0Jun 29, 2023 to Mar 26, 2024
- Corporate clients · unset to 2.0Jun 29, 2023 to Mar 26, 2024
- HNW clients · 43 to 61Jun 29, 2023 to Mar 26, 2024
- Individual clients · 181 to 166Jun 29, 2023 to Mar 26, 2024
- Pension plan clients · 7 to 11Jun 29, 2023 to Mar 26, 2024
- Assets in custody · $23.5M to $36.6MJun 29, 2023 to Mar 26, 2024
Signals
5 dated events
- Dylan Clyde Smith left Kanen Wealth Management Llc for Global Wealth Management Investment Advisory, Inc. (registered 2026-04-30)Apr 22, 2026 · Advisor changed firm · fact
- Marcelo Tresierra left Kanen Wealth Management Llc for Kestra Private Wealth Services, Llc (registered 2026-06-09)Feb 24, 2026 · Advisor changed firm · fact
- Kanen Wealth Management Llc reported RAUM $301.0M, down 26% from $404.3M (2022-04-01 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- Kanen Wealth Management Llc reported RAUM $404.3M, up 111% from $191.8M (2021-08-18 to 2022-04-01)Apr 1, 2022 · RAUM change · derived
- Kanen Wealth Management Llc filed its initial SEC registration (Form ADV)Jun 20, 2019 · 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
- info@kanenadvisory.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 631-863-3100reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/kanen-wealth-management-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- KANENADVISORY.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 631-863-3100reportedpublic record, Form ADV, May 22, 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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $202Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026