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••••••• F•••••••• I•••

Former SEC-registered adviserMinneapolis, MinnesotaCRD 300424SEC 801-119629websiteIAPD
Latest filing Jan 9, 2026
First filing on the tape Sep 14, 2020 · 9 filings
SEC status approved since Oct 13, 2020
RAUM
$202M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$202M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$202M as of Jan 9, 2026
Mar 26, 2021$114M then
HNW client RAUM$0 as of Jan 9, 2026
Mar 26, 2021$71.4M then
State-registered IARs (5.B.3)2 as of Jan 9, 2026
Mar 26, 20212 then
Employees (5.A)7 as of Jan 9, 2026
Mar 26, 20216 then
Private funds: no history
RAUM +15% over the last fiscal year+13% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Jan 9, 2026; every figure names its basis
RAUM per advisor
$101MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
83derivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$275,634derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.1%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 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
  • is an insurance broker or agent (6.A.6)
  • 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
  • Individuals$202M100%
Individual clients
166reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
733reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
1 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • K•••••••• M•••• R•••••• · Presidentcontrol
    since 09/2018 · owns 75% or more
  • E••••••• M•••••••• L•• · Cco
    since 01/2019 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Minneapolis, Mn · principal001
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 676 to 733
    Feb 28, 2025 to Jan 9, 2026
  • Advisory activities · 2 to 3
    Feb 28, 2025 to Jan 9, 2026
  • Individual clients · 161 to 166
    Feb 28, 2025 to Jan 9, 2026
  • Assets in custody · 175800000.0 to unset
    Feb 28, 2025 to Jan 9, 2026
  • Custody of client assets · true to false
    Feb 28, 2025 to Jan 9, 2026
  • Discretionary RAUM · $176M to $202M
    Feb 28, 2025 to Jan 9, 2026
  • Individual RAUM · $176M to $202M
    Feb 28, 2025 to Jan 9, 2026
  • RAUM · $176M to $202M
    Feb 28, 2025 to Jan 9, 2026
  • Accounts · 665 to 676
    Jan 30, 2024 to Feb 28, 2025
  • Advisory employees · 1 to 2
    Jan 30, 2024 to Feb 28, 2025
  • Individual clients · 165 to 161
    Jan 30, 2024 to Feb 28, 2025
  • Assets in custody · $154M to $176M
    Jan 30, 2024 to Feb 28, 2025
  • Employees · 6 to 7
    Jan 30, 2024 to Feb 28, 2025
  • Financial planning clients · 0 to 0
    Jan 30, 2024 to Feb 28, 2025
  • State-registered IARs · 1 to 2
    Jan 30, 2024 to Feb 28, 2025
  • Discretionary RAUM · $154M to $176M
    Jan 30, 2024 to Feb 28, 2025
  • Individual RAUM · $154M to $176M
    Jan 30, 2024 to Feb 28, 2025
  • RAUM · $154M to $176M
    Jan 30, 2024 to Feb 28, 2025
  • Accounts · 640 to 665
    Feb 8, 2023 to Jan 30, 2024
  • Individual clients · 170 to 165
    Feb 8, 2023 to Jan 30, 2024
  • Assets in custody · $355,000 to $154M
    Feb 8, 2023 to Jan 30, 2024
  • Discretionary RAUM · $140M to $154M
    Feb 8, 2023 to Jan 30, 2024
  • Individual RAUM · $140M to $154M
    Feb 8, 2023 to Jan 30, 2024
  • RAUM · $140M to $154M
    Feb 8, 2023 to Jan 30, 2024
  • Accounts · 624 to 640
    Feb 3, 2022 to Feb 8, 2023
  • Individual clients · 160 to 170
    Feb 3, 2022 to Feb 8, 2023
  • Assets in custody · $150M to $355,000
    Feb 3, 2022 to Feb 8, 2023
  • Financial planning clients · 1-10 to 0
    Feb 3, 2022 to Feb 8, 2023
  • Discretionary RAUM · $150M to $140M
    Feb 3, 2022 to Feb 8, 2023
  • Individual RAUM · $150M to $140M
    Feb 3, 2022 to Feb 8, 2023
  • RAUM · $150M to $140M
    Feb 3, 2022 to Feb 8, 2023
  • Accounts · 592 to 624
    Mar 26, 2021 to Feb 3, 2022
  • Advisory employees · 2 to 1
    Mar 26, 2021 to Feb 3, 2022
  • HNW clients · 39 to 0
    Mar 26, 2021 to Feb 3, 2022
  • Individual clients · 137 to 160
    Mar 26, 2021 to Feb 3, 2022
  • Assets in custody · unset to 150000000.0
    Mar 26, 2021 to Feb 3, 2022
  • Custody of client assets · false to true
    Mar 26, 2021 to Feb 3, 2022
  • Financial planning clients · 101-250 to 1-10
    Mar 26, 2021 to Feb 3, 2022
  • State-registered IARs · 2 to 1
    Mar 26, 2021 to Feb 3, 2022
  • Discretionary RAUM · $114M to $150M
    Mar 26, 2021 to Feb 3, 2022
Signals
4 dated events
  • K••••••• F•••••••• I••• no longer on the SEC adviser roster (last listed 2026-08-03, RAUM $202.0M)
    Sep 1, 2026 · Left the SEC roster · derived
  • M••• R•••••• K••••••• left K••••••• F•••••••• I••• for N•••••••• P•••••••• L•• (registered 2026-07-15)
    Aug 27, 2026 · Advisor changed firm · fact
  • M•••••• P••••• K•••••• left K••••••• F•••••••• I••• for C••••••• P••••••• (registered 2025-02-18)
    Dec 19, 2024 · Advisor changed firm · fact
  • K••••••• F•••••••• I••• filed its initial SEC registration (Form ADV)
    Sep 14, 2020 · 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