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•• C•••••• L••

Former SEC-registered adviserCRD 285763SEC 801-120256websiteIAPD
Latest filing Aug 7, 2025
First filing on the tape Jan 4, 2021 · 17 filings
SEC status approved since Mar 23, 2021
RAUM
$72.3M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$72.3M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$72.3M as of Aug 7, 2025
Feb 25, 2021$36.0M then
HNW client RAUM$71.5M as of Aug 7, 2025
Feb 25, 2021$32.6M then
State-registered IARs (5.B.3)1 as of Aug 7, 2025
Feb 25, 20211 then
Employees (5.A)2 as of Aug 7, 2025
Feb 25, 20211 then
Private funds: no history
RAUM +41% over the last fiscal year+17% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Aug 7, 2025; every figure names its basis
RAUM per advisor
$72.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
102derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$850,702derivedHNW RAUM over HNW clients
Average account
$715,415derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+41%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+15%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$71.5M99%
  • Individuals$798,0071.1%
Individual clients
18reported
HNW clients
84reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
101reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 days1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M••••••• A••••• L•••• · Managing Member & Chief Compliance Officercontrol
    since 09/2016 · 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
New York, Ny001
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Employees · 1 to 2
    Feb 4, 2025 to Aug 7, 2025
  • Financial planning clients · 0 to 0
    Feb 4, 2025 to Aug 7, 2025
  • Accounts · 89 to 101
    Feb 15, 2024 to Feb 4, 2025
  • Charity clients · 1 to 0
    Feb 15, 2024 to Feb 4, 2025
  • HNW clients · 76 to 84
    Feb 15, 2024 to Feb 4, 2025
  • Individual clients · 13 to 18
    Feb 15, 2024 to Feb 4, 2025
  • HQ city · unset to
    Feb 15, 2024 to Feb 4, 2025
  • HQ state · unset to
    Feb 15, 2024 to Feb 4, 2025
  • Discretionary RAUM · $51.4M to $72.3M
    Feb 15, 2024 to Feb 4, 2025
  • HNW RAUM · $46.5M to $71.5M
    Feb 15, 2024 to Feb 4, 2025
  • Individual RAUM · $1.0M to $798,007
    Feb 15, 2024 to Feb 4, 2025
  • RAUM · $51.4M to $72.3M
    Feb 15, 2024 to Feb 4, 2025
  • Individual RAUM · $659,376 to $1.0M
    Jul 20, 2023 to Feb 15, 2024
  • RAUM · $29.0M to $51.4M
    Jul 20, 2023 to Feb 15, 2024
  • Accounts · 85 to 89
    Jul 20, 2023 to Feb 15, 2024
  • HNW clients · 74 to 76
    Jul 20, 2023 to Feb 15, 2024
  • Individual clients · 10 to 13
    Jul 20, 2023 to Feb 15, 2024
  • Discretionary RAUM · $29.0M to $51.4M
    Jul 20, 2023 to Feb 15, 2024
  • HNW RAUM · $25.9M to $46.5M
    Jul 20, 2023 to Feb 15, 2024
  • HQ city · NEW YORK to unset
    Mar 9, 2023 to Jul 20, 2023
  • HQ state · NY to unset
    Mar 9, 2023 to Jul 20, 2023
  • Accounts · 82 to 85
    Feb 7, 2023 to Mar 9, 2023
  • Charity clients · 0 to 1
    Feb 7, 2023 to Mar 9, 2023
  • HNW clients · 72 to 74
    Feb 7, 2023 to Mar 9, 2023
  • Individual clients · 9 to 10
    Feb 7, 2023 to Mar 9, 2023
  • Discretionary RAUM · $44.7M to $29.0M
    Feb 7, 2023 to Mar 9, 2023
  • HNW RAUM · $44.1M to $25.9M
    Feb 7, 2023 to Mar 9, 2023
  • Individual RAUM · $631,494 to $659,376
    Feb 7, 2023 to Mar 9, 2023
  • RAUM · $44.7M to $29.0M
    Feb 7, 2023 to Mar 9, 2023
  • Accounts · 63 to 82
    Jun 24, 2021 to Mar 23, 2022
  • Charity clients · 1 to 0
    Jun 24, 2021 to Mar 23, 2022
  • HNW clients · 54 to 72
    Jun 24, 2021 to Mar 23, 2022
  • Individual clients · 8 to 9
    Jun 24, 2021 to Mar 23, 2022
  • Discretionary RAUM · $36.0M to $44.7M
    Jun 24, 2021 to Mar 23, 2022
  • HNW RAUM · $32.6M to $44.1M
    Jun 24, 2021 to Mar 23, 2022
  • Individual RAUM · $400,000 to $631,494
    Jun 24, 2021 to Mar 23, 2022
  • RAUM · $36.0M to $44.7M
    Jun 24, 2021 to Mar 23, 2022
  • Accounts · 43 to 63
    Feb 10, 2021 to Feb 25, 2021
  • HNW clients · 21 to 54
    Feb 10, 2021 to Feb 25, 2021
  • Individual clients · 20 to 8
    Feb 10, 2021 to Feb 25, 2021
Signals
3 dated events
  • K•• C•••••• L•• no longer on the SEC adviser roster (last listed 2026-01-02, RAUM $72.3M)
    Feb 2, 2026 · Left the SEC roster · derived
  • A•••• L•••• M•••••• left K•• C•••••• L•• for I•• C••••••• L•• (registered 2025-02-14)
    Jan 30, 2026 · Advisor changed firm · fact
  • K•• C•••••• L•• filed its initial SEC registration (Form ADV)
    Jan 4, 2021 · 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