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

K••••••• F•••••••• S•••••••• L••

Independent wealth managerOmaha, NebraskaCRD 308397SEC 801-120787websiteIAPD
Latest filing Apr 27, 2026
First filing on the tape Mar 13, 2021 · 12 filings
SEC status approved since Apr 14, 2021
RAUM
$240M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$229M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$34.3M
derived; firm RAUM over IAPD count
Employees
11
7 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$240M as of Apr 27, 2026
Mar 23, 2022$131M then
HNW client RAUM$51.3M as of Apr 27, 2026
Mar 23, 2022$42.2M then
State-registered IARs (5.B.3)7 as of Apr 27, 2026
Mar 23, 20225 then
Employees (5.A)11 as of Apr 27, 2026
Mar 23, 20227 then
Private funds: no history
RAUM +25% over the last fiscal year+22% a year over threeIARs 5 to 7
Practice profile
derived from the filing of Apr 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$34.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
147derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$141,782derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+25%derivedbetween the last two annual amendments
Advisor growth, one year
+40%derivedItem 5.B.3 between annual amendments
Client growth, one year
+30%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Custody
$83.2M, 379 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$177M74%
  • High-net-worth individuals$51.3M21%
  • Corporations and businesses$9.6M4.0%
  • Charitable organizations$2.0M0.8%
Individual clients
998reported
HNW clients
30reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,695reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$83.2M for 379 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=6.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
N•••• J••• L•••••••••Chartered Financial ConsultantOmaha, NeJun 5, 202040 y1
T••••• L•• S•••••Certified Financial PlannerOmaha, NeJun 30, 202012 y1
J••••• N• S•••••Certified Financial PlannerOmaha, NeOct 22, 202015 y1
H••• D•••••••Certified Financial PlannerOmaha, NeJun 15, 202215 y0
L••• R•••• T•••••••Omaha, NeJan 23, 202413 y2
B••••••• M••••• S••••Omaha, NeFeb 12, 202612 y0
M••••• W•••••••Omaha, NeFeb 20, 202610 y0
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
Left, latest
Joined, latest
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
  • L••••••••• N••••• J••• · Managing Member And Ownercontrol
    since 06/2020 · owns 75% or more
  • P•••••••• D••••••• B•••• · Chief Compliance Officer And Financial Advisorcontrol
    since 03/2022 · owns less than 5%
  • S•••••• J•••••• N• · Partnercontrol
    since 03/2023 · owns 10% to 25%
  • S•••••• T•••••• L•• · Partnercontrol
    since 03/2023 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Omaha, Ne · principal720
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,530 to 1,695
    Mar 27, 2025 to Mar 25, 2026
  • Advisory employees · 5 to 7
    Mar 27, 2025 to Mar 25, 2026
  • BD registered reps · 4 to 6
    Mar 27, 2025 to Mar 25, 2026
  • Corporate clients · unset to 15.0
    Mar 27, 2025 to Mar 25, 2026
  • HNW clients · 10 to 30
    Mar 27, 2025 to Mar 25, 2026
  • Individual clients · 781 to 998
    Mar 27, 2025 to Mar 25, 2026
  • Assets in custody · $55.9M to $83.2M
    Mar 27, 2025 to Mar 25, 2026
  • Employees · 9 to 11
    Mar 27, 2025 to Mar 25, 2026
  • State-registered IARs · 5 to 7
    Mar 27, 2025 to Mar 25, 2026
  • Discretionary RAUM · $193M to $240M
    Mar 27, 2025 to Mar 25, 2026
  • HNW RAUM · $27.8M to $51.3M
    Mar 27, 2025 to Mar 25, 2026
  • Individual RAUM · $156M to $177M
    Mar 27, 2025 to Mar 25, 2026
  • RAUM · $193M to $240M
    Mar 27, 2025 to Mar 25, 2026
  • Accounts · 1,726 to 1,530
    Jan 31, 2025 to Mar 27, 2025
  • Advisory employees · 6 to 5
    Jan 31, 2025 to Mar 27, 2025
  • BD registered reps · 5 to 4
    Jan 31, 2025 to Mar 27, 2025
  • HNW clients · 86 to 10
    Jan 31, 2025 to Mar 27, 2025
  • Individual clients · 892 to 781
    Jan 31, 2025 to Mar 27, 2025
  • Assets in custody · $118M to $55.9M
    Jan 31, 2025 to Mar 27, 2025
  • Financial planning clients · 0 to 26-50
    Jan 31, 2025 to Mar 27, 2025
  • State-registered IARs · 6 to 5
    Jan 31, 2025 to Mar 27, 2025
  • Discretionary RAUM · $165M to $193M
    Jan 31, 2025 to Mar 27, 2025
  • HNW RAUM · $92.2M to $27.8M
    Jan 31, 2025 to Mar 27, 2025
  • Individual RAUM · $72.4M to $156M
    Jan 31, 2025 to Mar 27, 2025
  • RAUM · $165M to $193M
    Jan 31, 2025 to Mar 27, 2025
  • Accounts · 1,440 to 1,726
    Sep 5, 2023 to Mar 12, 2024
  • Corporate clients · 9.0 to unset
    Sep 5, 2023 to Mar 12, 2024
  • HNW clients · 40 to 86
    Sep 5, 2023 to Mar 12, 2024
  • Individual clients · 800 to 892
    Sep 5, 2023 to Mar 12, 2024
  • Assets in custody · $133M to $118M
    Sep 5, 2023 to Mar 12, 2024
  • Employees · 7 to 9
    Sep 5, 2023 to Mar 12, 2024
  • Discretionary RAUM · $133M to $165M
    Sep 5, 2023 to Mar 12, 2024
  • HNW RAUM · $48.6M to $92.2M
    Sep 5, 2023 to Mar 12, 2024
  • Individual RAUM · $83.6M to $72.4M
    Sep 5, 2023 to Mar 12, 2024
  • RAUM · $133M to $165M
    Sep 5, 2023 to Mar 12, 2024
  • Accounts · 1,127 to 1,440
    Dec 12, 2022 to Mar 23, 2023
  • Advisory employees · 5 to 6
    Dec 12, 2022 to Mar 23, 2023
  • Corporate clients · 6 to 9
    Dec 12, 2022 to Mar 23, 2023
  • HNW clients · 30 to 40
    Dec 12, 2022 to Mar 23, 2023
  • Individual clients · 665 to 800
    Dec 12, 2022 to Mar 23, 2023
Signals
6 dated events
  • Douglas Blake Peterson left Keystone Financial Services, Llc for Cwm, Llc (registered 2025-01-13)
    Jan 9, 2025 · Advisor changed firm · fact
  • Lee Travis Sholin (Partner) appeared on Schedule A of Keystone Financial Services, Llc
    Mar 12, 2024 · Control person joined · fact
  • N Justin Sholin (Partner) appeared on Schedule A of Keystone Financial Services, Llc
    Mar 12, 2024 · Control person joined · fact
  • N Justin Sholin (Chief Compliance Officer) no longer on Schedule A of Keystone Financial Services, Llc (listed 2021-03-13, absent 2022-03-23)
    Mar 23, 2022 · Control person left · inference
  • Blake Douglas Peterson (Chief Compliance Officer And Financial Advisor) appeared on Schedule A of Keystone Financial Services, Llc
    Mar 23, 2022 · Control person joined · fact
  • Keystone Financial Services, Llc filed its initial SEC registration (Form ADV)
    Mar 13, 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.
How to reach
public business contact points only, each with its source
Business phone
402-392-1490reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
402-392-1212reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/keystonefinancialservicesomahareportedpublic record, Form ADV, Sep 18, 2026
Website
keystonefinancialservice.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(402) 392-1212reportedpublic record, Form ADV, Apr 27, 2026
Contact form
keystonefinancialservice.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
Team page
keystonefinancialservice.com/team-member/nancy-laug-sholinreportedpublished by the firm, firm site, Sep 16, 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
$34.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026