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

Mokan Wealth Management

Independent wealth managerOverland Park, KansasCRD 328005SEC 801-130379websiteIAPD
Legal name Mokan Wealth Management Inc
Latest filing Jan 28, 2026
First filing on the tape Apr 29, 2024 · 7 filings
SEC status approved since May 24, 2024
RAUM
$250M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$250M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$125M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$250M as of Jan 28, 2026
Feb 11, 2025$175M then
HNW client RAUM$201M as of Jan 28, 2026
Feb 11, 2025$119M then
State-registered IARs (5.B.3)3 as of Jan 28, 2026
Feb 11, 20251 then
Employees (5.A)4 as of Jan 28, 2026
Feb 11, 20253 then
Private funds: no history
RAUM +43% over the last fiscal yearIARs 1 to 3
Practice profile
derived from the filing of Jan 28, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$125MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
87derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$355,593derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+43%derivedbetween the last two annual amendments
Advisor growth, one year
+200%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 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)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$201M80%
  • Individuals$49.1M20%
Individual clients
80reported
HNW clients
93reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
704reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Kyle Thomas HammerschmidtOverland Park, KsJan 12, 202413 y3
Megan Elizabeth RamshawCertified Financial PlannerOverland Park, KsMar 27, 202510 y1
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Thomas Kyle Hammerschmidt · Owner & Ccocontrol
    since 01/2017 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Overland Park, Ks · principal201
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • RAUM up 25 %Change between filings · filing Jan 28, 2026
    RAUM (Item 5.F) moved from $174,727,504 to $250,337,407 (+43.0%) between the annual amendments of 2025-02-11 and 2026-01-28; the peer median change was +15.0% (4550 comparable advisers, 94.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,550) · 94% percentile
What changed
consecutive filings, newest first
  • Accounts · 524 to 704
    Nov 13, 2025 to Jan 28, 2026
  • Advisory employees · 1 to 3
    Nov 13, 2025 to Jan 28, 2026
  • HNW clients · 57 to 93
    Nov 13, 2025 to Jan 28, 2026
  • Individual clients · 99 to 80
    Nov 13, 2025 to Jan 28, 2026
  • Employees · 3 to 4
    Nov 13, 2025 to Jan 28, 2026
  • Financial planning clients · 51-100 to 101-250
    Nov 13, 2025 to Jan 28, 2026
  • State-registered IARs · 1 to 3
    Nov 13, 2025 to Jan 28, 2026
  • Discretionary RAUM · $175M to $250M
    Nov 13, 2025 to Jan 28, 2026
  • HNW RAUM · $119M to $201M
    Nov 13, 2025 to Jan 28, 2026
  • Individual RAUM · $56.2M to $49.1M
    Nov 13, 2025 to Jan 28, 2026
  • RAUM · $175M to $250M
    Nov 13, 2025 to Jan 28, 2026
  • Financial planning clients · 51-100 to 51-100
    Feb 11, 2025 to Jul 17, 2025
  • Related adviser · true to false
    Feb 11, 2025 to Jul 17, 2025
  • Accounts · 397 to 524
    Jun 7, 2024 to Feb 11, 2025
  • HNW clients · 35 to 57
    Jun 7, 2024 to Feb 11, 2025
  • Individual clients · 91 to 99
    Jun 7, 2024 to Feb 11, 2025
  • Employees · 1 to 3
    Jun 7, 2024 to Feb 11, 2025
  • Financial planning clients · 1-10 to 51-100
    Jun 7, 2024 to Feb 11, 2025
  • Discretionary RAUM · $110M to $175M
    Jun 7, 2024 to Feb 11, 2025
  • HNW RAUM · $65.2M to $119M
    Jun 7, 2024 to Feb 11, 2025
  • Individual RAUM · $45.1M to $56.2M
    Jun 7, 2024 to Feb 11, 2025
  • RAUM · $110M to $175M
    Jun 7, 2024 to Feb 11, 2025
Signals
3 dated events
  • Marcus Lincoln Scott left Mokan Wealth Management for Fiduciary Capital Management Llc (registered 2026-03-16)
    Feb 11, 2026 · Advisor changed firm · fact
  • Kolin Hayes left Mokan Wealth Management for Aspyre Wealth Partners (registered 2024-10-23)
    Oct 4, 2024 · Advisor changed firm · fact
  • Mokan Wealth Management filed its initial SEC registration (Form ADV)
    Apr 29, 2024 · 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
meet@mokanwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
913-257-3991reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/mokanfinancialreportedpublic record, Form ADV, Sep 18, 2026
Website
mokanwealth.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
913-257-3991reportedpublic record, Form ADV, Jan 28, 2026
Contact form
mokanwealth.com/contact-usreportedpublished by the firm, firm site, Sep 15, 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
$125Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026