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

M•••• W••••• M•••••••••

Independent wealth managerCarmel, IndianaCRD 289413SEC 801-114130websiteIAPD
Legal name H••••••• • K••••• I••••••••• M••••••••• G••••• L••
Latest filing May 8, 2026
First filing on the tape Sep 13, 2018 · 25 filings
SEC status approved since Oct 17, 2018
RAUM
$547M
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
91%
$500M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$78.1M
derived; firm RAUM over IAPD count
Employees
10
7 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$547M as of May 8, 2026
Mar 8, 2019$103M then
HNW client RAUM$391M as of May 8, 2026
Mar 8, 2019$57.0M then
State-registered IARs (5.B.3)7 as of May 8, 2026
Mar 8, 20193 then
Employees (5.A)10 as of May 8, 2026
Mar 8, 20194 then
Private funds: no history
RAUM +21% over the last fiscal year+25% a year over threeIARs 7 to 7
Practice profile
derived from the filing of May 8, 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
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$78.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
72derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$314,264derivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
3.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
2.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-27%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$143M, 320 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$391M72%
  • Individuals$109M20%
  • Corporations and businesses$26.6M4.9%
  • Pension and profit-sharing plans$20.1M3.7%
  • Charitable organizations$40.0%
Individual clients
375reported
HNW clients
130reported
Pension plan clients
8reported
Charitable clients
n/areported
Accounts
1,740reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$143M for 320 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.91 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••••••• S•• W•••••Certified Financial PlannerCarmel, InSep 29, 201720 y2
J••• D•••••• H•••••••Certified Financial PlannerCarmel, InSep 29, 201724 y4
R•••••• J••••• K•••••Carmel, InSep 29, 201726 y4
C•••••• D•••• B•••••Carmel, InOct 21, 201930 y2
M••• E••••• R•••••Carmel, In Mar 4, 202129 y1
H••••• B•••••••••Carmel, InAug 22, 202413 y0
J••••• A••••• D••••Certified Financial PlannerCarmel, InJan 14, 202513 y1
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 headcount1 left over 36 months
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
  • H•••••••• J•••• D•••••• · Managing Partnercontrol
    since 07/2017 · owns 50% to 75%
  • K•••••• R••••••• J••••• · Managing Partner And Chief Compliance Officercontrol
    since 07/2017 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Carmel, In · principal700
Offices
Schedule D 1.F, the 25 largest
  • Avon, IN1 employees
  • Carmel, IN1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 31, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $452,203,251 to $546,819,721, advisors 7 to 7, private clients 693 to 505, offices 2 to 2 (2025-04-17 to 2026-03-31)
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 1,629 to 1,740
    Oct 6, 2025 to Mar 31, 2026
  • Corporate clients · unset to 5.0
    Oct 6, 2025 to Mar 31, 2026
  • HNW clients · 85 to 130
    Oct 6, 2025 to Mar 31, 2026
  • Individual clients · 608 to 375
    Oct 6, 2025 to Mar 31, 2026
  • Pension plan clients · 7 to 8
    Oct 6, 2025 to Mar 31, 2026
  • Assets in custody · $144M to $143M
    Oct 6, 2025 to Mar 31, 2026
  • Employees · 9 to 10
    Oct 6, 2025 to Mar 31, 2026
  • Discretionary RAUM · $440M to $510M
    Oct 6, 2025 to Mar 31, 2026
  • HNW RAUM · $267M to $391M
    Oct 6, 2025 to Mar 31, 2026
  • Individual RAUM · $158M to $109M
    Oct 6, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $12.7M to $36.9M
    Oct 6, 2025 to Mar 31, 2026
  • Pension RAUM · $12.7M to $20.1M
    Oct 6, 2025 to Mar 31, 2026
  • RAUM · $452M to $547M
    Oct 6, 2025 to Mar 31, 2026
  • Financial planning clients · 101-250 to 101-250
    May 6, 2025 to Jun 27, 2025
  • Accounts · 1,306 to 1,629
    Aug 26, 2024 to Apr 17, 2025
  • Advisory employees · 6 to 7
    Aug 26, 2024 to Apr 17, 2025
  • Advisory activities · 5 to 4
    Aug 26, 2024 to Apr 17, 2025
  • HNW clients · 69 to 85
    Aug 26, 2024 to Apr 17, 2025
  • Individual clients · 594 to 608
    Aug 26, 2024 to Apr 17, 2025
  • Pension plan clients · 10 to 7
    Aug 26, 2024 to Apr 17, 2025
  • Assets in custody · unset to 144147928.0
    Aug 26, 2024 to Apr 17, 2025
  • Custody of client assets · false to true
    Aug 26, 2024 to Apr 17, 2025
  • Employees · 8 to 9
    Aug 26, 2024 to Apr 17, 2025
  • State-registered IARs · 6 to 7
    Aug 26, 2024 to Apr 17, 2025
  • Discretionary RAUM · $287M to $440M
    Aug 26, 2024 to Apr 17, 2025
  • HNW RAUM · $252M to $267M
    Aug 26, 2024 to Apr 17, 2025
  • Individual RAUM · $41.6M to $158M
    Aug 26, 2024 to Apr 17, 2025
  • Non-discretionary RAUM · $25.6M to $12.7M
    Aug 26, 2024 to Apr 17, 2025
  • Pension RAUM · $18.6M to $12.7M
    Aug 26, 2024 to Apr 17, 2025
  • RAUM · $312M to $452M
    Aug 26, 2024 to Apr 17, 2025
  • BD registered reps · 2 to 0
    Feb 16, 2024 to May 29, 2024
  • Accounts · 1,255 to 1,306
    Mar 15, 2023 to Feb 16, 2024
  • Advisory employees · 7 to 6
    Mar 15, 2023 to Feb 16, 2024
  • HNW clients · 68 to 69
    Mar 15, 2023 to Feb 16, 2024
  • Individual clients · 602 to 594
    Mar 15, 2023 to Feb 16, 2024
  • Discretionary RAUM · $246M to $287M
    Mar 15, 2023 to Feb 16, 2024
  • HNW RAUM · $198M to $252M
    Mar 15, 2023 to Feb 16, 2024
  • Individual RAUM · $63.3M to $41.6M
    Mar 15, 2023 to Feb 16, 2024
  • Non-discretionary RAUM · $31.5M to $25.6M
    Mar 15, 2023 to Feb 16, 2024
  • Pension RAUM · $16.0M to $18.6M
    Mar 15, 2023 to Feb 16, 2024
Signals
3 dated events
  • M•••• W••••• M••••••••• reported RAUM $452.2M, up 45% from $312.2M (2024-08-26 to 2025-04-17)
    Apr 17, 2025 · RAUM change · derived
  • S••• A•••• S•••••• left M•••• W••••• M••••••••• for P•••• S••••••••• L•• (registered 2024-04-24)
    Apr 25, 2024 · Advisor changed firm · fact
  • M•••• W••••• M••••••••• filed its initial SEC registration (Form ADV)
    Sep 13, 2018 · 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@mononwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
317-993-3999reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/monon-wealth-managementreportedpublic record, Form ADV, Sep 18, 2026
Website
mononwealth.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(317) 993-3999reportedpublic record, Form ADV, May 8, 2026
Contact form
mononwealth.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page
mononwealth.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
$78.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026