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

A••••••• P•••••••• L••

Former SEC-registered adviserCRD 285518SEC 801-108632IAPD
Latest filing Mar 28, 2023
First filing on the tape Nov 3, 2016 · 12 filings
RAUM
$233M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$229M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$233M as of Mar 28, 2023
Mar 15, 2017$162M then
HNW client RAUM$222M as of Mar 28, 2023
Mar 31, 2018$186M then
State-registered IARs (5.B.3)1 as of Mar 28, 2023
Mar 15, 20171 then
Employees (5.A)3 as of Mar 28, 2023
Mar 15, 20171 then
Private funds: no history
RAUM -3.6% over the last fiscal year+3.9% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 28, 2023; every figure names its basis
RAUM per advisor
$233MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
41derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.9MderivedHNW RAUM over HNW clients
Average account
$1.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-3.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.5%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$10.2M, 9 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)
  • 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$222M95%
  • Individuals$6.5M2.8%
  • Charitable organizations$4.8M2.1%
Individual clients
9reported
HNW clients
32reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
152reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$10.2M for 9 clientsreported
Compensation
% of AUM, fixedreported
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • K••••••• J•••• D••••• · Member And Chief Compliance Officercontrol
    since 12/2016 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Chicago, Il000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 154 to 152
    Mar 31, 2022 to Mar 28, 2023
  • HNW clients · 34 to 32
    Mar 31, 2022 to Mar 28, 2023
  • Individual clients · 6 to 9
    Mar 31, 2022 to Mar 28, 2023
  • Assets in custody · $26.7M to $10.2M
    Mar 31, 2022 to Mar 28, 2023
  • Discretionary RAUM · $242M to $233M
    Mar 31, 2022 to Mar 28, 2023
  • HNW RAUM · $231M to $222M
    Mar 31, 2022 to Mar 28, 2023
  • Individual RAUM · $3.6M to $6.5M
    Mar 31, 2022 to Mar 28, 2023
  • Non-discretionary RAUM · $508,105 to $630,173
    Mar 31, 2022 to Mar 28, 2023
  • RAUM · $242M to $233M
    Mar 31, 2022 to Mar 28, 2023
  • Accounts · 162 to 154
    Mar 31, 2021 to Mar 31, 2022
  • HNW clients · 31 to 34
    Mar 31, 2021 to Mar 31, 2022
  • Individual clients · 5 to 6
    Mar 31, 2021 to Mar 31, 2022
  • Discretionary RAUM · $217M to $242M
    Mar 31, 2021 to Mar 31, 2022
  • HNW RAUM · $206M to $231M
    Mar 31, 2021 to Mar 31, 2022
  • Individual RAUM · $3.3M to $3.6M
    Mar 31, 2021 to Mar 31, 2022
  • Non-discretionary RAUM · $509,092 to $508,105
    Mar 31, 2021 to Mar 31, 2022
  • RAUM · $217M to $242M
    Mar 31, 2021 to Mar 31, 2022
  • Accounts · 176 to 162
    Dec 8, 2020 to Mar 31, 2021
  • Advisory employees · 1 to 2
    Dec 8, 2020 to Mar 31, 2021
  • HNW clients · 32 to 31
    Dec 8, 2020 to Mar 31, 2021
  • Individual clients · unset to 5.0
    Dec 8, 2020 to Mar 31, 2021
  • Assets in custody · $28.8M to $26.7M
    Dec 8, 2020 to Mar 31, 2021
  • Employees · 2 to 3
    Dec 8, 2020 to Mar 31, 2021
  • Financial planning clients · 26-50 to 11-25
    Dec 8, 2020 to Mar 31, 2021
  • Discretionary RAUM · $208M to $217M
    Dec 8, 2020 to Mar 31, 2021
  • HNW RAUM · $196M to $206M
    Dec 8, 2020 to Mar 31, 2021
  • Individual RAUM · $4.2M to $3.3M
    Dec 8, 2020 to Mar 31, 2021
  • Non-discretionary RAUM · $0 to $509,092
    Dec 8, 2020 to Mar 31, 2021
  • RAUM · $208M to $217M
    Dec 8, 2020 to Mar 31, 2021
  • HQ city · CHICAGO to unset
    Jun 29, 2020 to Dec 8, 2020
  • HQ state · IL to unset
    Jun 29, 2020 to Dec 8, 2020
  • Accounts · 202 to 176
    Mar 28, 2019 to Mar 30, 2020
  • HNW clients · 29 to 32
    Mar 28, 2019 to Mar 30, 2020
  • Assets in custody · $26.5M to $28.8M
    Mar 28, 2019 to Mar 30, 2020
  • Discretionary RAUM · $193M to $208M
    Mar 28, 2019 to Mar 30, 2020
  • HNW RAUM · $191M to $196M
    Mar 28, 2019 to Mar 30, 2020
  • Individual RAUM · $3.2M to $4.2M
    Mar 28, 2019 to Mar 30, 2020
  • Non-discretionary RAUM · $9.8M to $0
    Mar 28, 2019 to Mar 30, 2020
  • RAUM · $202M to $208M
    Mar 28, 2019 to Mar 30, 2020
  • Accounts · 221 to 202
    Mar 31, 2018 to Mar 28, 2019
Signals
2 dated events
  • J••• D••••• K•••••• left A••••••• P•••••••• L•• for C••••••••• W•••••• L•• (registered 2023-12-21)
    Dec 22, 2023 · Advisor changed firm · fact
  • A•••• A•••••••• L•• filed its initial SEC registration (Form ADV)
    Nov 3, 2016 · 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.
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