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
Krm Financial Planning & Wealth Management, LLC
Latest filing May 1, 2026
First filing on the tape Jan 23, 2026 · 3 filings
SEC status approved since Jan 2, 2026
RAUM
$211M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$211M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$211M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$211M as of May 1, 2026
Jan 23, 2026$0 then
HNW client RAUM: $160M
State-registered IARs (5.B.3)1 as of May 1, 2026
Jan 23, 20262 then
Employees (5.A)3 as of May 1, 2026
Jan 23, 20263 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of May 1, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $211MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 177derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.1MderivedHNW RAUM over HNW clients
- Average account
- $409,851derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- unknownderivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 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, pension consulting, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$160M76%
- Individuals$51.7M24%
- Individual clients
- 126reported
- HNW clients
- 51reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 516reported
- 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
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Kraig Richard MickelsenCertified Financial Planner | St. Charles, Il | Jan 2, 2026 | 29 y | 4 |
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 100% of current headcount1 left over 36 months
Left, latest
- Robert Matthew Sweas to Ipi Wealth Management, Inc.Apr 15, 2026 · Other
Joined, latest
- Kraig Richard Mickelsen from Arete Wealth Advisors, LLCJan 2, 2026 · Affiliated broker-dealer or bank to a newly registered adviser
- Robert Matthew Sweas from Arete Wealth Advisors, LLCJan 2, 2026 · 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 Arete Wealth Advisors, LLCMar 23, 2026 · Chicago, Il
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Richard Kraig Mickelsen · LLC Managing Member / Chief Compliance Officercontrolsince 11/2025 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| St Charles, Il | 1 | 1 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 0 to 516Apr 21, 2026 to May 1, 2026
- HNW clients · unset to 51.0Apr 21, 2026 to May 1, 2026
- Individual clients · unset to 126.0Apr 21, 2026 to May 1, 2026
- Discretionary RAUM · $0 to $211MApr 21, 2026 to May 1, 2026
- HNW RAUM · unset to 159737210.0Apr 21, 2026 to May 1, 2026
- Individual RAUM · unset to 51745728.0Apr 21, 2026 to May 1, 2026
- Non-discretionary RAUM · $0 to $519,850Apr 21, 2026 to May 1, 2026
- RAUM · $0 to $211MApr 21, 2026 to May 1, 2026
- Advisory employees · 2 to 1Jan 23, 2026 to Apr 21, 2026
- State-registered IARs · 2 to 1Jan 23, 2026 to Apr 21, 2026
Signals
2 dated events
- Robert Matthew Sweas left Krm Financial Planning & Wealth Management, Llc for Ipi Wealth Management, Inc. (registered 2026-04-16)Apr 15, 2026 · Advisor changed firm · fact
- 2 advisors left Arete Wealth Advisors, LLC (Chicago, IL) for Krm Financial Planning & Wealth Management, LLC on the same dayMar 23, 2026 · 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
- Website
- krmfinancial.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 630-377-8760reportedpublic record, Form ADV, May 1, 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
- $211Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026