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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

INCOME FOCUS PORTFOLIO MANAGEMENT

INCOME FOCUS PORTFOLIO MANAGEMENT, LLC, CRD 165477

JACKSON, WY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:51174f9e-99ce-c62b-e2ac-1763a3ba224a

Data as of Feb 12, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 11:40 AM UTC and rebuilt at most every 15 minutes.

Relationships: 5
Dated events: 0
On other graphs: 0
Observed: Jul 5, 2017 to Feb 12, 2026
19 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.98 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $362MItem 5.F on the latest filing (2026-02-12); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $362M
Private client RAUM: $356MderivedItem 5.D individuals plus high net worth individuals
Private client share: 98%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $121Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 3
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 601
Individual clients: 213
High net worth clients: 83
SEC number: 801-77168
CRD: 165477
Filings on the tape: 19
First filed: Jul 5, 2017
Latest filed: Feb 12, 2026
Organised: Limited Liability Company, DE
Website: incomefocus.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
ELIZABETH WATSON MILLET	n/a	JACKSON, WY	9	32	n/a	no
DAVID N ELAN	Certified Financial Planner\|Chartered Financial Analyst	JACKSON, WY	9	28	2	no
Arik B. Griffin	n/a	JACKSON, WY	6	13	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
ELAN, DAVID, N	CHIEF COMPLIANCE OFFICER / MANAGING MEMBER	E	yes	09/2012	Jul 5, 2017	Apr 10, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Feb 12, 2026	$362M	$362M	3	3	0	n/a	n/a
2024	Jan 29, 2025	$334M	$334M	3	3	0	n/a	n/a
2023	Jan 22, 2024	$294M	$294M	3	3	0	n/a	n/a
2022	Feb 8, 2023	$245M	$245M	3	3	0	n/a	n/a
2021	Feb 24, 2022	$225M	$225M	3	3	0	n/a	n/a
2020	Feb 1, 2021	$184M	$184M	3	3	0	n/a	n/a
2019	Feb 3, 2020	$145M	$145M	2	2	0	n/a	n/a
2018	Feb 28, 2019	$123M	$123M	2	2	0	n/a	n/a
2017	Feb 13, 2018	$127M	$127M	3	3	1	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$362M	$334M	8.5%	$245M	13.9%	3	3	0	0

Relationships

Registered with (4)

← Arik B. GriffinAdvisorregistration: current employment
Feb 10, 2020 to presentfactForm ADV
← ELIZABETH WATSON MILLETAdvisorregistration: current employment
Jul 5, 2017 to presentfactForm ADV
← DAVID N ELANAdvisorregistration: current employment
Jul 5, 2017 to presentfactForm ADV
← DAWN WILSON BARNESAdvisorregistration: previous registration
Nov 21, 2016 to Jan 25, 2017factForm ADV

Controls (1)

← ELAN, DAVID, NOwnerCHIEF COMPLIANCE OFFICER / MANAGING MEMBER, ownership code E, individual
Jul 5, 2017 to Apr 10, 2024factForm ADV

Dated events

No dated event names this entity yet.

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:51174f9e-99ce-c62b-e2ac-1763a3ba224a
First observed: Jul 5, 2017
Last observed: Feb 12, 2026 7 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

INCOME FOCUS PORTFOLIO MANAGEMENT

INCOME FOCUS PORTFOLIO MANAGEMENT, LLC, CRD 165477

JACKSON, WY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:51174f9e-99ce-c62b-e2ac-1763a3ba224a

Data as of Feb 12, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 11:40 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

ELIZABETH WATSON MILLET

n/a

JACKSON, WY

n/a

DAVID N ELAN

Certified Financial Planner|Chartered Financial Analyst

JACKSON, WY

Arik B. Griffin

n/a

JACKSON, WY

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

ELAN, DAVID, N

CHIEF COMPLIANCE OFFICER / MANAGING MEMBER

yes

09/2012

Jul 5, 2017

Apr 10, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Feb 12, 2026

$362M

n/a

2024

Jan 29, 2025

$334M

n/a

2023

Jan 22, 2024

$294M

n/a

2022

Feb 8, 2023

$245M

n/a

2021

Feb 24, 2022

$225M

n/a

2020

Feb 1, 2021

$184M

n/a

2019

Feb 3, 2020

$145M

n/a

2018

Feb 28, 2019

$123M

n/a

2017

Feb 13, 2018

$127M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$362M

$334M

8.5%

$245M

13.9%