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

D••••• A••••••••• L••

Wealth manager with institutional or fund businessMonroe, ConnecticutCRD 323134SEC 801-126791websiteIAPD
Latest filing Aug 5, 2026
First filing on the tape Sep 27, 2022 · 10 filings
SEC status approved since Oct 27, 2022
RAUM
$307M
reported, Item 5.F
Discretionary
78%
of RAUM
Private clients
42%
$128M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$102M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$307M as of Aug 5, 2026
Mar 30, 2023$110M then
HNW client RAUM$96.5M as of Aug 5, 2026
Mar 30, 2023$16.1M then
State-registered IARs (5.B.3)2 as of Aug 5, 2026
Mar 30, 20232 then
Employees (5.A)3 as of Aug 5, 2026
Mar 30, 20232 then
Private funds: no history
RAUM +15% over the last fiscal year+41% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Aug 5, 2026; every figure names its basis
Archetypes, each a printed rule
  • Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$102MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
68derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$954,950derivedHNW RAUM over HNW clients
Average account
$985,535derivedRAUM over accounts (5.F.2.f)
Discretionary
78%derivedof RAUM
Institutional
47%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 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
+10%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$146M47%
  • High-net-worth individuals$96.5M31%
  • Corporations and businesses$34.0M11%
  • Individuals$31.5M10%
Individual clients
103reported
HNW clients
101reported
Pension plan clients
98reported
Charitable clients
n/areported
Accounts
312reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.42 fund_share=0.0 institutional_share=0.47 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K•••• C••••Monroe, CtFeb 1, 202314 y2
R••••• G••••• D•••••Monroe, CtFeb 16, 202317 y0
M•••••• K••••••• D•••••Monroe, CtJul 6, 202617 y1
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • C••••• K••••• C•••••••• · Director Of Wealth Management / Chief Compliance Officercontrol
      since 02/2023 · owns less than 5%
    • D•••••• M••••••• K••••••• · Managing Member / Managing Partnercontrol
      since 09/2022 · owns 75% or more
    • D•••••• R•••••• G••••• · Managing Partnercontrol
      since 09/2022 · 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
    Monroe, Ct · principal310
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • high institutional concentrationStatic outlier · filing Aug 5, 2026
      institutional share of RAUM of 47% against a peer median of 0% (5676 comparable advisers, 99.0th percentile, 15.9 robust deviations)
      peers: independent wealth managers, $100M to $500M (5,676) · 99% percentile
    • discretionary share shiftChange between filings · filing Mar 27, 2026
      discretionary share of RAUM moved from 27.0% to 78.0% between the annual amendments of 2025-03-07 and 2026-03-27
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 302 to 312
      Mar 7, 2025 to Mar 27, 2026
    • Corporate clients · unset to 6.0
      Mar 7, 2025 to Mar 27, 2026
    • HNW clients · 70 to 101
      Mar 7, 2025 to Mar 27, 2026
    • Individual clients · 115 to 103
      Mar 7, 2025 to Mar 27, 2026
    • Pension plan clients · 80 to 98
      Mar 7, 2025 to Mar 27, 2026
    • Discretionary RAUM · $72.6M to $241M
      Mar 7, 2025 to Mar 27, 2026
    • HNW RAUM · $50.0M to $96.5M
      Mar 7, 2025 to Mar 27, 2026
    • Individual RAUM · $58.6M to $31.5M
      Mar 7, 2025 to Mar 27, 2026
    • Non-discretionary RAUM · $194M to $66.2M
      Mar 7, 2025 to Mar 27, 2026
    • Pension RAUM · $128M to $146M
      Mar 7, 2025 to Mar 27, 2026
    • RAUM · $267M to $307M
      Mar 7, 2025 to Mar 27, 2026
    • Accounts · 452 to 302
      Mar 22, 2024 to Mar 7, 2025
    • Advisory employees · 3 to 2
      Mar 22, 2024 to Mar 7, 2025
    • BD registered reps · 0 to 2
      Mar 22, 2024 to Mar 7, 2025
    • Corporate clients · 1.0 to unset
      Mar 22, 2024 to Mar 7, 2025
    • HNW clients · 40 to 70
      Mar 22, 2024 to Mar 7, 2025
    • Individual clients · 194 to 115
      Mar 22, 2024 to Mar 7, 2025
    • Pension plan clients · 65 to 80
      Mar 22, 2024 to Mar 7, 2025
    • Financial planning clients · 0 to 0
      Mar 22, 2024 to Mar 7, 2025
    • State-registered IARs · 3 to 2
      Mar 22, 2024 to Mar 7, 2025
    • Discretionary RAUM · $63.2M to $72.6M
      Mar 22, 2024 to Mar 7, 2025
    • HNW RAUM · $21.6M to $50.0M
      Mar 22, 2024 to Mar 7, 2025
    • Individual RAUM · $61.6M to $58.6M
      Mar 22, 2024 to Mar 7, 2025
    • Non-discretionary RAUM · $150M to $194M
      Mar 22, 2024 to Mar 7, 2025
    • Pension RAUM · $98.2M to $128M
      Mar 22, 2024 to Mar 7, 2025
    • RAUM · $213M to $267M
      Mar 22, 2024 to Mar 7, 2025
    • Accounts · 177 to 452
      Oct 24, 2023 to Mar 22, 2024
    • Advisory employees · 2 to 3
      Oct 24, 2023 to Mar 22, 2024
    • BD registered reps · 1 to 0
      Oct 24, 2023 to Mar 22, 2024
    • HNW clients · 27 to 40
      Oct 24, 2023 to Mar 22, 2024
    • Individual clients · 52 to 194
      Oct 24, 2023 to Mar 22, 2024
    • Pension plan clients · 45 to 65
      Oct 24, 2023 to Mar 22, 2024
    • Employees · 2 to 3
      Oct 24, 2023 to Mar 22, 2024
    • Insurance-licensed employees · 0 to 1
      Oct 24, 2023 to Mar 22, 2024
    • State-registered IARs · 2 to 3
      Oct 24, 2023 to Mar 22, 2024
    • Discretionary RAUM · $37.3M to $63.2M
      Oct 24, 2023 to Mar 22, 2024
    • HNW RAUM · $16.1M to $21.6M
      Oct 24, 2023 to Mar 22, 2024
    • Individual RAUM · $5.5M to $61.6M
      Oct 24, 2023 to Mar 22, 2024
    • Non-discretionary RAUM · $72.6M to $150M
      Oct 24, 2023 to Mar 22, 2024
    • Pension RAUM · $72.6M to $98.2M
      Oct 24, 2023 to Mar 22, 2024
    Signals
    3 dated events
    • D••••• A••••••••• L•• reported RAUM $213.2M, up 94% from $109.9M (2023-10-24 to 2024-03-22)
      Mar 22, 2024 · RAUM change · derived
    • Christian K•••• C•••• (Director Of Wealth Management / Chief Compliance Officer) appeared on Schedule A of D••••• A••••••••• L••
      Feb 17, 2023 · Control person joined · fact
    • D••••• A••••••••• L•• filed its initial SEC registration (Form ADV)
      Sep 27, 2022 · 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@dunbarassociatesllc.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    203-880-5716reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    dunbarassociatesllc.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (203) 880-5716reportedpublic record, Form ADV, Aug 5, 2026
    Contact form
    dunbarassociatesllc.com/contactreportedpublished 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
    Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $102Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026