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••• C•••••• P•••••••

Independent wealth managerSan Jose, CaliforniaCRD 312875SEC 801-120454websiteIAPD
Legal name K••• C•••••• P•••••••• I•••
Latest filing Jul 13, 2026
First filing on the tape Feb 4, 2021 · 37 filings
SEC status approved since Mar 9, 2021
RAUM
$1.4B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
86%
$1.2B individuals and HNW
Advisors
12
registered through the firm on IAPD
RAUM per advisor
$114M
derived; firm RAUM over IAPD count
Employees
13
8 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
8
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$1.4B as of Jul 13, 2026
Feb 8, 2022$118M then
HNW client RAUM$1.2B as of Jul 13, 2026
Feb 8, 2022$104M then
State-registered IARs (5.B.3)8 as of Jul 13, 2026
Feb 8, 20225 then
Employees (5.A)13 as of Jul 13, 2026
Feb 8, 20226 then
Private funds8 as of Jul 13, 2026
Feb 8, 20223 then
RAUM +69% over the last fiscal year+102% a year over threeIARs 8 to 8offices 3 to 4
Practice profile
derived from the filing of Jul 13, 2026; every figure names its basis
Archetypes, each a printed rule
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$114MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
26derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.1MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
2.4derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+69%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+22%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$216M, 72 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • 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$1.2B85%
  • Corporations and businesses$175M13%
  • Pooled investment vehicles$22.7M1.7%
  • Individuals$6.5M0.5%
  • Charitable organizations$78,5410.0%
Individual clients
28reported
HNW clients
282reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,045reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$216M for 72 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.86 fund_share=0.02 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
12 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
H•••• H••• P•••San Jose, Ca Mar 10, 202115 y0
G••••• C•••Park City, Ut Mar 10, 202122 y1
M•••••• P•••••• M•••••San Jose, Ca Aug 12, 202114 y1
J•••• A•••••••• D•••••Mesa, Az May 4, 202217 y2
M•••••• J••••• K••••San Jose, Ca Sep 15, 202211 y3
B•••• B••••••Certified Financial PlannerSacramento, Ca Sep 15, 202212 y3
J•••••• S•••••••Bend, Or Aug 6, 202410 y0
V••••• W•••••• M•San Jose, Ca Jan 1, 202518 y2
S•••• M• A••••••San Jose, Ca Jan 1, 202511 y1
H••••• S•••••••San Jose, CaJan 1, 202526 y1
C••• M• A••••••Granite Bay, Ca Jan 1, 202533 y4
B•••••• K•••• L••Los Angeles, Ca Mar 2, 202611 y1
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    8 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    K••• V••••••• I••• L••Other Private Fund$8.9M22Nov 30, 2021
    K••• V••••••• V•• L••$5.0M19Jul 13, 2026
    K••• V••••••• V• L••Other Private Fund$2.6M31Sep 15, 2023
    K••• V••••••• I•• L••Other Private Fund$2.1M15Jan 5, 2023
    K••• V••••••• V••• L••$1.5M36Jul 13, 2026
    K••• V••••••• V• L••Other Private Fund$981,32611Nov 8, 2023
    K••• V••••••• I• L••Other Private Fund$89,46019Aug 25, 2021
    K••• V••••••• I•• L••Other Private Fund$29,50019Nov 12, 2021
    Owners and control persons
    Schedule A and B, latest filing
    • B••••••• B•••• · Shareholder / Ccocontrol
      since 02/2021 · owns 10% to 25%
    • C•••• G••••• · Shareholdercontrol
      since 02/2021 · owns 25% to 50%
    • M•••••• M••••••• P•••••• · Shareholdercontrol
      since 02/2021 · 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
    OfficeAdvisorsJoinedLeftTeams outForming
    San Jose, Ca · principal1210
    Bend, Or200
    Granite Bay, Ca200
    Offices
    Schedule D 1.F, the 25 largest
    • Granite Bay, CA3 employees
    • Sacramento, CA1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • RAUM up 50 %Change between filings · filing Mar 11, 2026
      RAUM (Item 5.F) moved from $808,085,722 to $1,364,403,650 (+69.0%) between the annual amendments of 2025-03-30 and 2026-03-11; the peer median change was +17.0% (1298 comparable advisers, 96.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,298) · 96% percentile
    What changed
    consecutive filings, newest first
    • Private funds · 6 to 8
      Jun 16, 2026 to Jul 13, 2026
    • Accounts · 889 to 1,045
      Jan 2, 2026 to Mar 11, 2026
    • Charity clients · 2.0 to unset
      Jan 2, 2026 to Mar 11, 2026
    • Corporate clients · 14 to 13
      Jan 2, 2026 to Mar 11, 2026
    • HNW clients · 256 to 282
      Jan 2, 2026 to Mar 11, 2026
    • Assets in custody · $4.5M to $216M
      Jan 2, 2026 to Mar 11, 2026
    • Employees · 12 to 13
      Jan 2, 2026 to Mar 11, 2026
    • Financial planning clients · to 1-10
      Jan 2, 2026 to Mar 11, 2026
    • Other offices · 3 to 4
      Jan 2, 2026 to Mar 11, 2026
    • Discretionary RAUM · $1.1B to $1.3B
      Jan 2, 2026 to Mar 11, 2026
    • HNW RAUM · $793M to $1.2B
      Jan 2, 2026 to Mar 11, 2026
    • Individual RAUM · $5.6M to $6.5M
      Jan 2, 2026 to Mar 11, 2026
    • Non-discretionary RAUM · $4.0M to $19.5M
      Jan 2, 2026 to Mar 11, 2026
    • Pooled vehicle RAUM · $22.0M to $22.7M
      Jan 2, 2026 to Mar 11, 2026
    • RAUM · $1.1B to $1.4B
      Jan 2, 2026 to Mar 11, 2026
    • Accounts · 802 to 889
      Mar 30, 2025 to Jul 16, 2025
    • Charity clients · unset to 2.0
      Mar 30, 2025 to Jul 16, 2025
    • Corporate clients · 16 to 14
      Mar 30, 2025 to Jul 16, 2025
    • HNW clients · 227 to 256
      Mar 30, 2025 to Jul 16, 2025
    • Individual clients · 27 to 28
      Mar 30, 2025 to Jul 16, 2025
    • Financial planning clients · unset to
      Mar 30, 2025 to Jul 16, 2025
    • Discretionary RAUM · $803M to $1.1B
      Mar 30, 2025 to Jul 16, 2025
    • HNW RAUM · $588M to $793M
      Mar 30, 2025 to Jul 16, 2025
    • Individual RAUM · $5.3M to $5.6M
      Mar 30, 2025 to Jul 16, 2025
    • Non-discretionary RAUM · $5.5M to $4.0M
      Mar 30, 2025 to Jul 16, 2025
    • RAUM · $808M to $1.1B
      Mar 30, 2025 to Jul 16, 2025
    • Accounts · 767 to 802
      Nov 20, 2024 to Mar 30, 2025
    • Corporate clients · 14 to 16
      Nov 20, 2024 to Mar 30, 2025
    • HNW clients · 230 to 227
      Nov 20, 2024 to Mar 30, 2025
    • Assets in custody · unset to 4478834.0
      Nov 20, 2024 to Mar 30, 2025
    • Custody of client assets · false to true
      Nov 20, 2024 to Mar 30, 2025
    • Employees · 11 to 12
      Nov 20, 2024 to Mar 30, 2025
    • Financial planning clients · 0 to unset
      Nov 20, 2024 to Mar 30, 2025
    • Other offices · 2 to 3
      Nov 20, 2024 to Mar 30, 2025
    • Discretionary RAUM · $757M to $803M
      Nov 20, 2024 to Mar 30, 2025
    • HNW RAUM · $560M to $588M
      Nov 20, 2024 to Mar 30, 2025
    • Individual RAUM · $5.3M to $5.3M
      Nov 20, 2024 to Mar 30, 2025
    • Non-discretionary RAUM · $3.9M to $5.5M
      Nov 20, 2024 to Mar 30, 2025
    • Pooled vehicle RAUM · $21.0M to $22.0M
      Nov 20, 2024 to Mar 30, 2025
    • RAUM · $761M to $808M
      Nov 20, 2024 to Mar 30, 2025
    Signals
    9 dated events
    • K••• C•••••• P••••••• reported RAUM $1.4B, up 28% from $1.1B (2026-01-02 to 2026-03-11)
      Mar 11, 2026 · RAUM change · derived
    • K••• C•••••• P••••••• reported RAUM $1.1B, up 32% from $808.1M (2025-03-30 to 2025-07-16)
      Jul 16, 2025 · RAUM change · derived
    • K••• C•••••• P••••••• reported RAUM $760.8M, up 50% from $507.6M (2024-04-09 to 2024-11-20)
      Nov 20, 2024 · RAUM change · derived
    • K••• C•••••• P••••••• reported 2 offices beyond its principal office, down from 10 (2023-11-08 to 2024-03-04)
      Mar 4, 2024 · Office count change · derived
    • 2 advisors left M••••• S•••••• (Folsom, CA) for K••• C•••••• P••••••• on the same day
      Sep 22, 2023 · Team lift-out · derived
    • K••• C•••••• P••••••• reported RAUM $514.4M, up 209% from $166.7M (2023-02-09 to 2023-09-15)
      Sep 15, 2023 · RAUM change · derived
    • J•••••• S•••• W•••• left K••• C•••••• P••••••• for C••••••• P••••••• (registered 2023-08-29)
      Jul 24, 2023 · Advisor changed firm · fact
    • D••••• C•••• left K••• C•••••• P••••••• for S••••••••• W•••••• L•• (registered 2022-03-18)
      Mar 18, 2022 · Advisor changed firm · fact
    • K••• C•••••• P•••••••• I••• filed its initial SEC registration (Form ADV)
      Feb 4, 2021 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Business phone
    408-668-2201reportedpublished by the firm, firm site, Sep 17, 2026
    Firm profile
    linkedin.com/company/keracapitalreportedpublic record, Form ADV, Sep 18, 2026
    Website
    keracapital.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    408-668-2201reportedpublic record, Form ADV, Jul 13, 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
    $114Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026