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
Kestra Investment Management, LLC.
Latest filing Aug 20, 2026
First filing on the tape Nov 16, 2021 · 22 filings
SEC status approved since Dec 16, 2021
RAUM
$4.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$479M
derived; firm RAUM over IAPD count
Employees
17
13 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$4.3B as of Aug 20, 2026
Mar 30, 2023$110M then
HNW client RAUM$0 as of Aug 20, 2026
Mar 11, 2022$0 then
State-registered IARs (5.B.3)7 as of Aug 20, 2026
Mar 11, 202210 then
Employees (5.A)17 as of Aug 20, 2026
Mar 11, 202210 then
Private funds: no history
RAUM +65% over the last fiscal year+240% a year over threeIARs 8 to 7
Practice profile
derived from the filing of Aug 20, 2026; every figure names its basis
Archetypes, each a printed rule
- PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
- RAUM per advisor
- $479MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $265,203derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.9derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +65%derivedbetween the last two annual amendments
- Advisor growth, one year
- -13%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, otherreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Ownership
- a PE fund or sponsor is a 25 percent or greater owner 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$4.3B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 16,262reported
- Financial planning clients
- reported
- Wrap fee programs
- $0 sponsored, $4.1B managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=8.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Kara Marie MurphyChartered Financial Analyst | Austin, Tx | Mar 4, 2022 | 12 y | 1 |
| Derek Matthew SchugChartered Financial Analyst | Austin, Tx | Mar 16, 2022 | 33 y | 1 |
| Ryan Chang | Austin, Tx | Jul 31, 2023 | 12 y | 0 |
| Robert Landon Patterson | Austin, Tx | Sep 17, 2025 | 14 y | 3 |
| Michael Christopher Humbert | Austin, Tx | Oct 13, 2025 | 13 y | 0 |
| Alec Randolph | Austin, Tx | Oct 24, 2025 | 10 y | 1 |
| John Marc ChoquetteChartered Financial Analyst | Austin, Tx | Jan 15, 2026 | 12 y | 0 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount4 left over 36 months
Left, latest
- Haolun Zhang to Ieq Capital, LLCJun 9, 2025 · Other
- Bobby Sharan Gomez to RBC Rochdale, LLCFeb 19, 2025 · Other
- Mouna Nutakki to Gamma Investing LLCSep 3, 2024 · Other
- Logan Christopher Kerr to Charles Schwab & Co., Inc.Apr 2, 2024 · Other
Joined, latest
- Alec Randolph from J.P. Morgan Securities LLCOct 24, 2025 · Other
- Robert Landon Patterson from Orion Portfolio Solutions, LLCSep 17, 2025 · Other
- Logan Christopher Kerr from Kestra Advisory Services, LLCOct 25, 2022 · Affiliated broker-dealer or bank to a newly registered adviser
- Haolun Zhang from Edward JonesOct 25, 2022 · Affiliated broker-dealer or bank to a newly registered adviser
- Derek Matthew Schug from Sandbox Investments PartnersMar 16, 2022 · Other
- Kara Marie Murphy from United Capital Financial AdvisorsMar 4, 2022 · Affiliated broker-dealer or bank to a newly registered adviser
- Bobby Sharan Gomez from Kestra Advisory Services, LLCJan 11, 2022 · Affiliated broker-dealer or bank to a newly registered adviser
- Mouna Nutakki from Kestra Advisory Services, LLCJan 11, 2022 · Affiliated broker-dealer or bank to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Kestra Advisory Services, LLCJan 11, 2022 · Austin, Tx
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Arthur John Barragan · Chief Operating Officercontrolsince 07/2024 · owns less than 5%
- Van Joel Bennett · Svp, Chief Financial Officercontrolsince 10/2016 · owns less than 5%
- Marie Kara Murphy · Chief Investment Officer, Evpcontrolsince 06/2021 · owns less than 5%
- Bredt Robert Norwood · Evp, General Counselcontrolsince 04/2016 · owns less than 5%
- Garrett Stephen Smith · Vp, Chief Compliance Officercontrolsince 07/2024 · owns less than 5%
- Jean-Luc Dupont · Chief Information Security Officersince 07/2024 · owns less than 5%
Entity owners
- Kestra Advisor Services Holdings C, Inc. · Ownerdirect · owns 75% or more
- Kestra Advisor Services Holdings A, Inc. · Ownerindirect · owns 75% or more of Kestra Advisor Services Holdings B, Inc.
- Kestra Advisor Services Holdings B, Inc. · Ownerindirect · owns 75% or more of Kestra Advisor Services Holdings C, Inc.
- Kingfisher Holding A, Inc. · Ownerindirect · owns 75% or more of Kingfisher Holding B, Inc.
- Kingfisher Holding B, Inc. · Ownerindirect · owns 75% or more of Kestra Advisor Services Holdings A, Inc.
- Kingfisher Holding Gp, LLC · General Partnerindirect · owns F of Kingfisher Holding, L.P.
- Kingfisher Holding, L.P. · Ownerindirect · owns 75% or more of Kingfisher Holding A, Inc.
- Oak Hill Capital Partners Vi (Onshore), L.P. · Ownerindirect · owns 25% to 50% of Ohcp Vi Enzo Aggregator, L.P.
- Oak Hill Capital Partners Vi (Te 892), L.P. · Ownerindirect · owns 25% to 50% of Ohcp Vi Enzo Aggregator, L.P.
- Ohcp Vi Enzo Aggregator, L.P. · Ownerindirect · owns 25% to 50% of Kingfisher Holding, L.P.
- Warburg Pincus Financialsector, L.P. · Limited Partnerindirect · owns 25% to 50% of Kingfisher Holding, L.P.
Related persons
Schedule D 7.A
- American Financial Solutions, Inc.real estaten
- Arden Trust Companyn
- Beacon Financial Groupinvestment advisernRAUM $1.3B
- Bedell Frazier Investment Counselling, LLC.investment advisernRAUM $872M
- Bernard R. Wolfe & Associates, Inc.real estaten
- Capital Planning Advisors LLCinvestment advisernRAUM $1.5B
- Compass Capital Management LLCreal estaten
- Comprehensive Brokerage Services, LLCreal estaten
- Goldstein Advisors, LLCinvestment advisernRAUM $1.1B
- Hedeker Wealth LLCinvestment advisernRAUM $595M
- Hickory Asset Management, Inc.investment advisernRAUM $249M
- Hughes Financial Services, LLCinvestment advisernRAUM $760M
- Joule Financial, LLCinvestment advisernRAUM $479M
- Kestra Advisory Services, LLCinvestment advisernRAUM $80B
- Kestra Institutional Services, LLCinvestment advisern
- Kestra Insurance Services, LLCreal estaten
- Nfp Advisor Services, LLCbroker-dealernRAUM $12B
- Kestra Private Wealth Services, LLCinvestment advisernRAUM $13B
- Oklahoma Financial Center, Inc.real estaten
- Provise Management Group, LLCinvestment advisernRAUM $2.0B
- Ritter Daniher Financial Advisory LLCinvestment advisernRAUM $493M
- Rodgers & Associatesinvestment advisernRAUM $1.6B
- Bluespring Wealth Management, LLCinvestment advisernRAUM $5.4B
- Vector Insurance Services, LLCreal estaten
Advisers that list Kestra Investment Management, LLC. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Austin, Tx · principal | 9 | 4 | 0 | ||
| Hutto, Tx | 0 | 0 | 0 | ||
| Plano, Tx | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- account count surgeChange between filings · filing Mar 31, 2026accounts (Item 5.F.2.f) moved from 9,421.0 to 16,262.0 (+73.0%) between the annual amendments of 2025-04-14 and 2026-03-31; the peer median change was -2.0% (33 comparable advisers, 91.0th percentile of changes)peers: asset managers, $1B to $5B (33) · 91% percentile
What changed
consecutive filings, newest first
- Accounts · 9,421 to 16,262Jan 29, 2026 to Mar 31, 2026
- BD registered reps · 7 to 8Jan 29, 2026 to Mar 31, 2026
- State-registered IARs · 8 to 7Jan 29, 2026 to Mar 31, 2026
- Discretionary RAUM · $2.6B to $4.3BJan 29, 2026 to Mar 31, 2026
- RAUM · $2.6B to $4.3BJan 29, 2026 to Mar 31, 2026
- Wrap assets (manager) · $2.4B to $4.1BJan 29, 2026 to Mar 31, 2026
- Financial planning clients · unset to Apr 14, 2025 to Jun 18, 2025
- Accounts · 4,982 to 9,421Feb 24, 2025 to Apr 14, 2025
- Advisory employees · 10 to 13Feb 24, 2025 to Apr 14, 2025
- Employees · 14 to 17Feb 24, 2025 to Apr 14, 2025
- Insurance-licensed employees · 0 to 1Feb 24, 2025 to Apr 14, 2025
- State-registered IARs · 10 to 8Feb 24, 2025 to Apr 14, 2025
- Organization form · Limited Liability Partnership to Limited Liability CompanyFeb 24, 2025 to Apr 14, 2025
- Discretionary RAUM · $1.5B to $2.6BFeb 24, 2025 to Apr 14, 2025
- RAUM · $1.5B to $2.6BFeb 24, 2025 to Apr 14, 2025
- Wrap assets (manager) · $1.3B to $2.4BFeb 24, 2025 to Apr 14, 2025
- Accounts · 1,462 to 4,982Nov 6, 2023 to Mar 25, 2024
- Employees · 12 to 14Nov 6, 2023 to Mar 25, 2024
- Discretionary RAUM · $110M to $1.5BNov 6, 2023 to Mar 25, 2024
- RAUM · $110M to $1.5BNov 6, 2023 to Mar 25, 2024
- Wrap assets (manager) · $110M to $1.3BNov 6, 2023 to Mar 25, 2024
- Advisory activities · 3 to 2Mar 30, 2023 to Sep 29, 2023
- Individual clients · 1462.0 to unsetMar 30, 2023 to Sep 29, 2023
- Insurance-licensed employees · 2 to 0Mar 30, 2023 to Sep 29, 2023
- Individual RAUM · 109810189.0 to unsetMar 30, 2023 to Sep 29, 2023
- Accounts · unset to 1462.0Mar 28, 2023 to Mar 30, 2023
- BD registered reps · 5 to 7Mar 28, 2023 to Mar 30, 2023
- Individual clients · unset to 1462.0Mar 28, 2023 to Mar 30, 2023
- Employees · 10 to 12Mar 28, 2023 to Mar 30, 2023
- Insurance-licensed employees · 3 to 2Mar 28, 2023 to Mar 30, 2023
- Discretionary RAUM · unset to 109810189.0Mar 28, 2023 to Mar 30, 2023
- Individual RAUM · $0 to $110MMar 28, 2023 to Mar 30, 2023
- Non-discretionary RAUM · unset to 0.0Mar 28, 2023 to Mar 30, 2023
- RAUM · unset to 109810189.0Mar 28, 2023 to Mar 30, 2023
- Wrap assets (manager) · $0 to $110MMar 28, 2023 to Mar 30, 2023
- BD registered reps · 10 to 5Nov 16, 2021 to Mar 11, 2022
- Insurance-licensed employees · 10 to 3Nov 16, 2021 to Mar 11, 2022
Signals
13 dated events
- Kestra Investment Management, Llc. reported RAUM $4.3B, up 65% from $2.6B (2026-01-29 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Haolun Zhang left Kestra Investment Management, Llc. for Ieq Capital, Llc (registered 2025-08-20)Jun 9, 2025 · Advisor changed firm · fact
- Kestra Investment Management, Llc. reported RAUM $2.6B, up 73% from $1.5B (2025-02-24 to 2025-04-14)Apr 14, 2025 · RAUM change · derived
- Bobby Sharan Gomez left Kestra Investment Management, Llc. for Rbc Rochdale, Llc (registered 2026-01-09)Feb 19, 2025 · Advisor changed firm · fact
- Mouna Nutakki left Kestra Investment Management, Llc. for Gamma Investing Llc (registered 2025-08-07)Sep 3, 2024 · Advisor changed firm · fact
- Garrett Stephen Smith (Vp, Chief Compliance Officer) appeared on Schedule A of Kestra Investment Management, Llc.Aug 29, 2024 · Control person joined · fact
- Arthur John Barragan (Chief Operating Officer) appeared on Schedule A of Kestra Investment Management, Llc.Aug 29, 2024 · Control person joined · fact
- Ross Michael Pedlow (Chief Compliance Officer) no longer on Schedule A of Kestra Investment Management, Llc. (listed 2024-07-23, absent 2024-08-29)Aug 29, 2024 · Control person left · inference
- Ross Michael Pedlow (Chief Compliance Officer) appeared on Schedule A of Kestra Investment Management, Llc.Apr 24, 2024 · Control person joined · fact
- Logan Christopher Kerr left Kestra Investment Management, Llc. for Charles Schwab & Co., Inc. (registered 2024-04-30)Apr 2, 2024 · Advisor changed firm · fact
- Kestra Investment Management, Llc. reported RAUM $1.5B, up 1279% from $109.8M (2023-11-06 to 2024-03-25)Mar 25, 2024 · RAUM change · derived
- 2 advisors left Kestra Advisory Services, LLC (Austin, TX) for Kestra Investment Management, LLC. on the same dayJan 11, 2022 · Team lift-out · derived
- Kestra Investment Management, Llc. filed its initial SEC registration (Form ADV)Nov 16, 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
- Firm profile
- linkedin.com/company/kestraimreportedpublic record, Form ADV, Sep 17, 2026
- Website
- kestraIM.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 844-553-7872reportedpublic record, Form ADV, Aug 20, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $479Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026