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

Market Investment Group, LLC

Independent wealth managerWichita, KansasCRD 334248SEC 801-132106websiteIAPD
Latest filing Feb 26, 2026
First filing on the tape Apr 10, 2025 · 4 filings
SEC status approved since Mar 7, 2025
RAUM
$416M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$416M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$139M
derived; firm RAUM over IAPD count
Employees
33
19 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$416M as of Feb 26, 2026
Apr 10, 2025$0 then
HNW client RAUM$92.8M as of Feb 26, 2026
Apr 10, 2025$0 then
State-registered IARs (5.B.3)6 as of Feb 26, 2026
Apr 10, 20257 then
Employees (5.A)33 as of Feb 26, 2026
Apr 10, 202538 then
Private funds: no history
RAUM n/a over the last fiscal yearIARs 7 to 6
Practice profile
derived from the filing of Feb 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$139MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
605derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$108,168derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
11.0derivedItem 5.A over advisors
Advisors per office
0.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
-14%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$324M78%
  • High-net-worth individuals$92.8M22%
Individual clients
1,752reported
HNW clients
62reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
3,850reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Larry D KloefkornWichita, KsJun 4, 202523 y2
Danny James GoolsbyWichita, KsJun 4, 202541 y1
Jonathon David MccoyKansas City, Mo Jul 2, 202511 y1
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 33% 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
    • James Edward Matthew Goolsby · Manager/Ceocontrol
      since 01/2025 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Wichita, Ks · principal301
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • unusually high clients per advisorStatic outlier · filing Feb 26, 2026
      private clients per advisor of 604.7 against a peer median of 57.3 (3075 comparable advisers, 100.0th percentile, 15.6 robust deviations)
      peers: independent wealth managers, $100M to $500M (3,075) · 100% percentile
    • custody status changedChange between filings · filing Feb 26, 2026
      custody of client assets (Item 9.A): yes on the filing of 2025-11-06, no on the filing of 2026-02-26
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 659 to 3,850
      Nov 6, 2025 to Feb 26, 2026
    • HNW clients · 11 to 62
      Nov 6, 2025 to Feb 26, 2026
    • Individual clients · 647 to 1,752
      Nov 6, 2025 to Feb 26, 2026
    • Assets in custody · 0.0 to unset
      Nov 6, 2025 to Feb 26, 2026
    • Custody of client assets · true to false
      Nov 6, 2025 to Feb 26, 2026
    • Employees · 38 to 33
      Nov 6, 2025 to Feb 26, 2026
    • Insurance-licensed employees · 5 to 0
      Nov 6, 2025 to Feb 26, 2026
    • State-registered IARs · 7 to 6
      Nov 6, 2025 to Feb 26, 2026
    • Other offices · 2 to 3
      Nov 6, 2025 to Feb 26, 2026
    • Discretionary RAUM · $126M to $416M
      Nov 6, 2025 to Feb 26, 2026
    • HNW RAUM · $19.0M to $92.8M
      Nov 6, 2025 to Feb 26, 2026
    • Individual RAUM · $107M to $324M
      Nov 6, 2025 to Feb 26, 2026
    • RAUM · $126M to $416M
      Nov 6, 2025 to Feb 26, 2026
    • Financial planning clients · 0 to 0
      Jul 7, 2025 to Nov 6, 2025
    • Other offices · 3 to 2
      Jul 7, 2025 to Nov 6, 2025
    • Accounts · 0 to 659
      Apr 10, 2025 to Jul 7, 2025
    • Advisory employees · 17 to 19
      Apr 10, 2025 to Jul 7, 2025
    • HNW clients · 0 to 11
      Apr 10, 2025 to Jul 7, 2025
    • Individual clients · 0 to 647
      Apr 10, 2025 to Jul 7, 2025
    • Insurance-licensed employees · 7 to 5
      Apr 10, 2025 to Jul 7, 2025
    • Discretionary RAUM · $0 to $126M
      Apr 10, 2025 to Jul 7, 2025
    • HNW RAUM · $0 to $19.0M
      Apr 10, 2025 to Jul 7, 2025
    • Individual RAUM · $0 to $107M
      Apr 10, 2025 to Jul 7, 2025
    • RAUM · $0 to $126M
      Apr 10, 2025 to Jul 7, 2025
    Signals
    3 dated events
    • Douglas C Miller left Market Investment Group, Llc for Rsg Investments Llc (registered 2026-08-20)
      May 21, 2026 · Advisor changed firm · fact
    • Market Investment Group, Llc reported RAUM $416.4M, up 230% from $126.1M (2025-11-06 to 2026-02-26)
      Feb 26, 2026 · RAUM change · derived
    • 2 advisors left Foundations Investment Advisors LLC (Phoenix, AZ) for Market Investment Group, LLC on the same day
      Sep 30, 2025 · Team lift-out · derived
    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
    316-252-8707reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    316-803-1040reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    816-548-2000reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/market-advisory-groupreportedpublic record, Form ADV, Sep 17, 2026
    Website
    marketadvisorygroup.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    316-252-8707reportedpublic record, Form ADV, Feb 26, 2026
    Contact form
    marketadvisorygroup.com/contactreportedpublished 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
    $139Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026