# KFG, LLC

> KFG, LLC is an SEC-registered investment advisory firm in Rapid City, SD, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 8, 2026.

- CRD: 337331
- Also doing business as: KAHLER FINANCIAL GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rapid City, SD
- Filing period: October 2026
- Form ADV filing dated: July 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/337331
- AdvisorCensus page: https://advisorcensus.com/firm/kfg-llc-rapid-city-sd-337331

## Quick answers

**How is KFG, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), KFG, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**Where is KFG, LLC located?**
KFG, LLC's principal office is in Rapid City, SD, according to its Form ADV; the October 2025 filing also lists 1 other office (Schedule D, Section 1.F).

**Is KFG, LLC registered with the SEC or a state?**
KFG, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 337331.

**How much does KFG, LLC manage?**
KFG, LLC reports $188,100,000 in regulatory assets under management in its Form ADV filing dated July 8, 2026 (77% discretionary).

**What types of clients does KFG, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (54); individuals (other than high net worth individuals) (46); corporations or other businesses not listed above (1).

**Which custodians does KFG, LLC use?**
KFG, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does KFG, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/337331

**Does KFG, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated July 8, 2026 says: "There is no account minimum for either service."

**What changed in KFG, LLC's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 9 to 10. No longer lists an office in Rapid City, SD. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated July 8, 2026)

- Account minimum: None

> There is no account minimum for either service.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $188,100,000
- Discretionary: $144,400,000
- Non-discretionary: $43,700,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 46 | $23,800,000 |
| High net worth individuals | 54 | $156,700,000 |
| Corporations or other businesses not listed above | 1 | $7,600,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2025 (1 year)
- Employees: 10 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, ID, NH, SD, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2025 filing
- Rapid City, SD

### Websites listed on Form ADV (Item 1.I)
- kahlerfinancial.com
- Facebook @KahlerFinancialGroup
- LinkedIn @kahler-financial-group
- X @KahlerFinancial
- YouTube @RickKahler

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 9 to 10.
- No longer lists an office in Rapid City, SD.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. KFG, LLC (CRD 337331): Form ADV filing data as of October 2026.