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Al F Devji

KRUSE ASSET MANAGEMENT
Richmond, TX
·CRD# 2309006·33 years registered

Professional Summary

Al F Devji, who also goes by Alnoor F Devji, Alnoor Devji, is a registered financial advisor currently at KRUSE ASSET MANAGEMENT, LLC located in Richmond, Texas. Al is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1993. Al has worked at 6 firms and has passed the SIE and Series 6 exams.

At a Glance

Always Fiduciary

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Alnoor F Devji, Alnoor Devji

Blog Corner

More Resources

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities. Check for any disclosures as part of your thorough research when choosing an advisor.

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Years of Experience

33 years registered in the securities industry

Current & Past Employments

Current

KRUSE ASSET MANAGEMENT, LLCCurrent·CRD# 143204
RIA
Richmond, TX
November 17, 2025 - Present

Past

KESTRA ADVISORY SERVICES, LLCPast·CRD# 283330
RIA
Richmond, TX
May 2, 2016 - November 10, 2025
KESTRA INVESTMENT SERVICES, LLCPast·CRD# 42046
BD
Richmond, TX
May 1, 2015 - November 10, 2025
KESTRA INVESTMENT SERVICES, LLCPast·CRD# 42046
RIA
Richmond, TX
May 1, 2015 - September 22, 2016
MML INVESTORS SERVICES, LLCPast·CRD# 10409
RIA
Edison, NJ
January 29, 2014 - May 7, 2015
MML INVESTORS SERVICES, LLCPast·CRD# 10409
BD
Edison, NJ
January 24, 2014 - May 7, 2015
MSI FINANCIAL SERVICES, INC.Past·CRD# 14251
RIA
Cranford, NJ
July 30, 2002 - January 23, 2014
MSI FINANCIAL SERVICES, INC.Past·CRD# 14251
BD
Cranford, NJ
November 19, 1993 - January 23, 2014
METROPOLITAN LIFE INSURANCE COMPANYPast·CRD# 4095
BD
Iselin, NJ
November 19, 1993 - July 9, 2007

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Current Firm

KA
KRUSE ASSET MANAGEMENT, LLC

KRUSE ASSET MANAGEMENT, LLC

CRD#: 143204 / SEC#: 801-131004
RIA
Registered Investment Advisory firm - SEC (4/8/2025 Approved)
Illinois
Registered Investment Advisory firm - Illinois (10/6/2025 Terminated)
Texas
Registered Investment Advisory firm - Texas (5/21/2012 Conditional Restricted)
Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

Contact Information

Main Address

216 S Jefferson Street Suite 302, Chicago, IL 60661-5743

Phone Number

(312) 775-6000

# of Employees

2

SEC notice filing (5 States and Territories)

Registered to provide investment advisory services in 5 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

KAM SCHEDULE H (3/26/2026)

Regulatory Assets Under Management

Total Number of Accounts

519

AUM (Assets Under Management)

$146,200,000

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

Business Name: Devji Wealth Management Investment Related: No Address: 1207 Malea Daisy Lane, Richmond, TX 77406 Nature of Business: Insurance Position, Title or Relationship: owner Start Date: 5/1/2015 Hours per month: 21% - 30% (33 - 48 hours) Hours per month during trading hours: 11% - 20% (15 - 28 hours) Duties: sell and service health,property, and casualty insurance. Business Name: Kruse Asset Management, LLC Investment Related: Yes Address: 216 S Jefferson St, Suite 302, Chicago, IL 60661 Nature of Business: Investment Advisory services through Kruse Asset Management, LLC Position, Title or Relationship: Investment Advisor Representative Start Date: 11/14/2025 Hours per month: Up to 100% (0 to 160 hours) Hours per month during trading hours: Up to 100% (0 to 160 hours) Duties: Investment advisory services

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Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
KA
KRUSE ASSET MANAGEMENT, LLC

KRUSE ASSET MANAGEMENT, LLC

CRD#: 143204 / SEC#: 801-131004
RIA
Registered Investment Advisory firm - SEC (4/8/2025 Approved)
Illinois
Registered Investment Advisory firm - Illinois (10/6/2025 Terminated)
Texas
Registered Investment Advisory firm - Texas (5/21/2012 Conditional Restricted)
Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.
IAR
Texas
(11/17/2025)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 6 — Investment Company Products/Variable Contracts Representative Examination

Passed Nov 1993About the Series 6 exam

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CRS (Client Relationship Summary) - RIA

Click below to view Al F Devji's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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