Data / Investment advisers / South Dakota / KFG, LLC
KFG, LLC, Rapid City, SD: $188 million AUM, SEC registered investment adviser
KFG, LLC is an SEC registered investment adviser with its main office in Rapid City, South Dakota and reports $188 million in regulatory assets under management in its Form ADV filed July 8, 2026. Its clients include high net worth individuals, individuals and corporations and other businesses. It is paid through a percentage of assets under management, hourly charges and fixed fees.
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- Registration
- SEC registered investment adviser
- CRD number
- 337331
- SEC file number
- 801-134274
- SEC status
- Approved, effective September 3, 2025
- Main office
- 429 Quincy Street, Rapid City, SD 57701
- Phone
- (605) 343-1400
- Regulatory AUM
- $188,100,000 in the Form ADV filed July 8, 2026
- Discretionary AUM
- $144,400,000
- Non discretionary AUM
- $43,700,000
- Accounts
- 516
- Employees
- 10, of which 10 give investment advice
- Form of organization
- Limited Liability Company
- Paid through
- a percentage of assets under management, hourly charges, fixed fees, other fees
- Form ADV Item 11 disclosures
- None reported
- Latest Form ADV filing
- July 8, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 54 | $156.7 million |
| Individuals (other than high net worth individuals) | 46 | $23.8 million |
| Corporations or other businesses | 1 | $7.6 million |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| April 1, 2026 | $188.1 million | March 26, 2026 |
| December 1, 2025 | $173.9 million | September 22, 2025 |
Other advisers in South Dakota
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| RIA Advisory Group, LLC | Sioux Falls | $568.4 million | Not listed | adviserinfo.sec.gov |
| Lauer Capital Management LTD | Sioux Falls | $322.7 million | Not listed | adviserinfo.sec.gov |
| Big Sioux Wealth Management | Watertown | $235.2 million | Not listed | adviserinfo.sec.gov |
| Aspen Private Advisors, LLC | Sioux Falls | $199.9 million | Not listed | adviserinfo.sec.gov |
| Hahn Financial Group | Sioux Falls | $188.7 million | Not listed | adviserinfo.sec.gov |
| Parvin Asset Management, LLC | Sioux Falls | $179 million | Not listed | adviserinfo.sec.gov |
| Prairie View Wealth Partners LLC | Sioux Falls | $171.2 million | Not listed | adviserinfo.sec.gov |
| Applied Financial Wisdom | Rapid City | $130.3 million | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in South Dakota
- Advisers with $100 million to $500 million in AUM
- Advisers serving high net worth individuals
- Advisers serving individuals
- KFG, LLC on the SEC's adviser search
Updated November 7, 2026. Read from the SEC's Form ADV data files for investment advisers. Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.