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
Kmg Fiduciary Partners, LLC
Latest filing May 12, 2026
First filing on the tape Aug 14, 2018 · 21 filings
SEC status approved since Sep 13, 2018
RAUM
$1.7B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$1.7B individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$239M
derived; firm RAUM over IAPD count
Employees
16
10 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$1.7B as of May 12, 2026
Feb 6, 2019$367M then
HNW client RAUM$1.4B as of May 12, 2026
Feb 6, 2019$278M then
State-registered IARs (5.B.3)10 as of May 12, 2026
Feb 6, 20196 then
Employees (5.A)16 as of May 12, 2026
Feb 6, 20197 then
Private funds: no history
RAUM +4.6% over the last fiscal year+18% a year over threeIARs 10 to 10offices 8 to 5
Practice profile
derived from the filing of May 12, 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
- $239MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 186derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.4MderivedHNW RAUM over HNW clients
- Average account
- $425,173derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.3derivedItem 5.A over advisors
- Advisors per office
- 1.2derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- +4.6%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -1.7%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
- $974M, 505 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$1.4B81%
- Individuals$297M18%
- Pension and profit-sharing plans$14.0M0.8%
- Charitable organizations$1.6M0.1%
- Corporations and businesses$421,5010.0%
- Individual clients
- 898reported
- HNW clients
- 403reported
- Pension plan clients
- 9reported
- Charitable clients
- n/areported
- Accounts
- 3,934reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $974M for 505 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Aaron E Mechling | Toledo, Oh | Sep 21, 2018 | 28 y | 3 |
| Richard Joseph KaserCertified Financial Planner | Atlanta, Ga | Sep 21, 2018 | 36 y | 3 |
| David Richard KaserCertified Financial Planner | Toledo, Oh | Sep 21, 2018 | 43 y | 3 |
| Cameron David KaserCertified Financial Planner | Toledo, Oh | Nov 29, 2019 | 11 y | 0 |
| Robert Drummond Thompson | Miami, Fl | Oct 15, 2020 | 14 y | 1 |
| Brandon Fredrick Grimm | Toledo, Oh | Jul 18, 2024 | 13 y | 1 |
| Andrew Brooks Hellstedt | Charlotte, Nc | Jan 19, 2026 | 10 y | 2 |
Advisor movement
5 left, 1 joined in 12 months
net -4 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 71% of current headcount5 left over 36 months
Left, latest
- Shane Michael Meyer to Fortis Capital Advisors, LLCMay 12, 2026 · RIA to RIA
- Steven Harold Berner to Fortis Capital Advisors, LLCMay 12, 2026 · RIA to RIA
- Adelaina N Welch to Fortis Capital Advisors, LLCMay 12, 2026 · RIA to RIA
- Benjamin Aaron Kusner to Fortis Capital Advisors, LLCMay 12, 2026 · RIA to RIA
- Casey James Bear to FartherNov 11, 2025 · RIA to RIA
Joined, latest
- Andrew Brooks Hellstedt from Strategic Advisers LLCJan 19, 2026 · Affiliated broker-dealer or bank to independent RIA
- Brandon Fredrick Grimm from SpcJul 18, 2024 · Affiliated broker-dealer or bank to independent RIA
- Casey James Bear from Cranbrook Wealth Management, LLCDec 13, 2022 · RIA to RIA
- Adelaina N Welch from Morgan StanleyApr 9, 2021 · Wirehouse to independent RIA
- Robert Drummond Thompson from Cerity Partners Ocio LLCOct 15, 2020 · RIA to RIA
- Benjamin Aaron Kusner from Morgan StanleyJan 22, 2020 · Wirehouse to independent RIA
- Shane Michael Meyer from Morgan StanleyJan 17, 2020 · Wirehouse to independent RIA
- Steven Harold Berner from Morgan StanleyJan 17, 2020 · Wirehouse to independent RIA
- Richard Joseph Kaser from Morgan StanleySep 21, 2018 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Aaron E Mechling from Morgan StanleySep 21, 2018 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- David Richard Kaser from Morgan StanleySep 21, 2018 · Wirehouse to a newly registered adviser (no RAUM reported yet)
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Fortis Capital Advisors, LLCMay 12, 2026 · Toledo, Oh
- 3 joined from Morgan StanleyJan 21, 2020 · Birmingham, Mi
- 3 joined from Morgan StanleySep 24, 2018 · Toledo, Oh
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Richard David Kaser · Managing Member And Chief Compliance Officercontrolsince 09/2018 · owns 25% to 50%
- Joseph Richard Kaser · Managing Member And Chief Investment Officercontrolsince 09/2018 · owns 25% to 50%
- Edward Aaron Mechling · Managing Member And Chief Operating Officercontrolsince 09/2018 · owns 25% to 50%
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 |
|---|---|---|---|---|---|
| Toledo, Oh · principal | 6 | 1 | 3 | 1 | |
| Miami Beach, Fl | 0 | 0 | 1 | ||
| Birmingham, Mi | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Birmingham, MI2 employees
- Mason, OH1 employees
- , 1 employees
What changed
consecutive filings, newest first
- Other offices · 8 to 5Mar 19, 2026 to May 12, 2026
- Accounts · 3,849 to 3,934Nov 11, 2025 to Mar 19, 2026
- Corporate clients · 6.0 to unsetNov 11, 2025 to Mar 19, 2026
- HNW clients · 366 to 403Nov 11, 2025 to Mar 19, 2026
- Individual clients · 957 to 898Nov 11, 2025 to Mar 19, 2026
- Assets in custody · $866M to $974MNov 11, 2025 to Mar 19, 2026
- Employees · 17 to 16Nov 11, 2025 to Mar 19, 2026
- Discretionary RAUM · $1.6B to $1.7BNov 11, 2025 to Mar 19, 2026
- HNW RAUM · $1.3B to $1.4BNov 11, 2025 to Mar 19, 2026
- Individual RAUM · $329M to $297MNov 11, 2025 to Mar 19, 2026
- Non-discretionary RAUM · $6.9M to $0Nov 11, 2025 to Mar 19, 2026
- Pension RAUM · $15.4M to $14.0MNov 11, 2025 to Mar 19, 2026
- RAUM · $1.6B to $1.7BNov 11, 2025 to Mar 19, 2026
- Accounts · 3,526 to 3,849Dec 17, 2024 to Mar 4, 2025
- Advisory employees · 9 to 10Dec 17, 2024 to Mar 4, 2025
- Charity clients · 4.0 to unsetDec 17, 2024 to Mar 4, 2025
- HNW clients · 352 to 366Dec 17, 2024 to Mar 4, 2025
- Individual clients · 764 to 957Dec 17, 2024 to Mar 4, 2025
- Pension plan clients · 2 to 9Dec 17, 2024 to Mar 4, 2025
- Assets in custody · $589M to $866MDec 17, 2024 to Mar 4, 2025
- Employees · 15 to 17Dec 17, 2024 to Mar 4, 2025
- Financial planning clients · 251-500 to 101-250Dec 17, 2024 to Mar 4, 2025
- State-registered IARs · 9 to 10Dec 17, 2024 to Mar 4, 2025
- Other offices · 4 to 8Dec 17, 2024 to Mar 4, 2025
- Discretionary RAUM · $1.3B to $1.6BDec 17, 2024 to Mar 4, 2025
- HNW RAUM · $1.0B to $1.3BDec 17, 2024 to Mar 4, 2025
- Individual RAUM · $215M to $329MDec 17, 2024 to Mar 4, 2025
- Non-discretionary RAUM · $6.2M to $6.9MDec 17, 2024 to Mar 4, 2025
- Pension RAUM · $6.6M to $15.4MDec 17, 2024 to Mar 4, 2025
- RAUM · $1.3B to $1.6BDec 17, 2024 to Mar 4, 2025
- Accounts · 3,237 to 3,526Mar 10, 2023 to Mar 18, 2024
- Corporate clients · 4 to 6Mar 10, 2023 to Mar 18, 2024
- HNW clients · 339 to 352Mar 10, 2023 to Mar 18, 2024
- Individual clients · 747 to 764Mar 10, 2023 to Mar 18, 2024
- Pension plan clients · 15 to 2Mar 10, 2023 to Mar 18, 2024
- Assets in custody · $201M to $589MMar 10, 2023 to Mar 18, 2024
- Employees · 16 to 15Mar 10, 2023 to Mar 18, 2024
- Discretionary RAUM · $1.0B to $1.3BMar 10, 2023 to Mar 18, 2024
- HNW RAUM · $813M to $1.0BMar 10, 2023 to Mar 18, 2024
- Individual RAUM · $180M to $215MMar 10, 2023 to Mar 18, 2024
Signals
10 dated events
- Adelaina N Welch left Kmg Fiduciary Partners, Llc for Fortis Capital Advisors, Llc (registered 2026-05-05)May 12, 2026 · Advisor changed firm · fact
- Steven Harold Berner left Kmg Fiduciary Partners, Llc for Fortis Capital Advisors, Llc (registered 2026-05-06)May 12, 2026 · Advisor changed firm · fact
- Shane Michael Meyer left Kmg Fiduciary Partners, Llc for Fortis Capital Advisors, Llc (registered 2026-05-05)May 12, 2026 · Advisor changed firm · fact
- Benjamin Aaron Kusner left Kmg Fiduciary Partners, Llc for Fortis Capital Advisors, Llc (registered 2026-05-07)May 12, 2026 · Advisor changed firm · fact
- 2 advisors left Kmg Fiduciary Partners, LLC (Toledo, OH) for Fortis Capital Advisors, LLC on the same dayMay 12, 2026 · Team lift-out · derived
- Casey James Bear left Kmg Fiduciary Partners, Llc for Farther (registered 2026-01-01)Nov 11, 2025 · Advisor changed firm · fact
- Kmg Fiduciary Partners, Llc reported RAUM $1.6B, up 27% from $1.3B (2024-12-17 to 2025-03-04)Mar 4, 2025 · RAUM change · derived
- Kmg Fiduciary Partners, Llc reported RAUM $827.6M, up 38% from $600.0M (2020-07-23 to 2021-02-08)Feb 8, 2021 · RAUM change · derived
- Kmg Fiduciary Partners, Llc reported RAUM $600.0M, up 64% from $367.0M (2019-02-06 to 2020-03-18)Mar 18, 2020 · RAUM change · derived
- Bardot Advisors, Llc filed its initial SEC registration (Form ADV)Aug 14, 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@kmgfp.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 419-517-8039reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 419-517-8040reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 419-517-8045reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/kmg-fiduciary-partnersreportedpublic record, Form ADV, Sep 17, 2026
- Website
- kmgfp.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (419) 517-8040reportedpublic record, Form ADV, May 12, 2026
- Team page
- kmgfp.com/peoplereportedpublished 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
- $239Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026