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
Kure Advisory, LLC
Latest filing Mar 11, 2026
First filing on the tape Nov 30, 2020 · 19 filings
SEC status approved since Jan 4, 2021
RAUM
$259M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$258M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$43.2M
derived; firm RAUM over IAPD count
Employees
6
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$259M as of Mar 11, 2026
Mar 30, 2022$275M then
HNW client RAUM$166M as of Mar 11, 2026
Mar 30, 2022$108M then
State-registered IARs (5.B.3)6 as of Mar 11, 2026
Mar 30, 20226 then
Employees (5.A)6 as of Mar 11, 2026
Mar 30, 202212 then
Private funds: no history
RAUM +36% over the last fiscal year+2.5% a year over threeIARs 5 to 6
Practice profile
derived from the filing of Mar 11, 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
- RAUM per advisor
- $43.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 66derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.0MderivedHNW RAUM over HNW clients
- Average account
- $261,587derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +36%derivedbetween the last two annual amendments
- Advisor growth, one year
- +20%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +12%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
- Custody
- $113M, 176 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$166M64%
- Individuals$92.1M36%
- Corporations and businesses$911,0780.4%
- Charitable organizations$99,8970.0%
- Individual clients
- 313reported
- HNW clients
- 84reported
- Pension plan clients
- 0reported
- Charitable clients
- 1reported
- Accounts
- 990reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $113M for 176 clientsreported
- Compensation
- % of AUM, fixedreported
- 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
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Karen Elizabeth Stay | Plymouth, Mn | Jun 18, 2021 | 22 y | 1 |
| Joshua J Nolby | Plymouth, Mn | Jun 18, 2021 | 21 y | 1 |
| Thomas John Wade | Plymouth, Mn | Jun 18, 2021 | 26 y | 1 |
| Michael John GranboisCertified Financial Planner | Plymouth, Mn | Jun 25, 2021 | 21 y | 2 |
| John T Wade | Plymouth, Mn | Jun 15, 2023 | 12 y | 0 |
| Jack WaletichCertified Financial Planner, Personal Financial Specialist | Plymouth, Mn | Oct 29, 2025 | 13 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Ryan Richard Poterack to Private Advisor Group, LLCNov 1, 2023 · RIA to affiliated broker-dealer or bank
- Timothy Roy Loving to Cg Advisory ServicesOct 13, 2022 · RIA to RIA
Joined, latest
- Jack Waletich from Berger Financial GroupOct 29, 2025 · RIA to RIA
- Michael John Granbois from Cg Advisory ServicesJun 25, 2021 · RIA to RIA
- Thomas John Wade from Cg Advisory ServicesJun 18, 2021 · RIA to RIA
- Karen Elizabeth Stay from Cg Advisory ServicesJun 18, 2021 · RIA to RIA
- Joshua J Nolby from Cg Advisory ServicesJun 18, 2021 · RIA to RIA
- Timothy Roy Loving from Truadvice LLCMay 18, 2021 · RIA to RIA
- Ryan Richard Poterack from Truadvice LLCFeb 3, 2021 · RIA to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Cg Advisory ServicesJul 9, 2022 · Williamston, Mi
- 2 joined from Cg Advisory ServicesJul 8, 2022 · Plymouth, Mn
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Elizabeth Karen Stay · Chief Investment Officercontrolsince 06/2021 · owns less than 5%
- John Thomas Wade · Chief Financial Officer/Chief Executive Officer / Chief Operating Officercontrolsince 06/2021 · owns less than 5%
- John Thomas Wade · Sole Membercontrolsince 06/2021 · owns 75% or more of Income Planning Group, LLC
- Meehan Nicole Baker · Chief Compliance Officersince 03/2023 · owns less than 5%
Entity owners
- Income Planning Group, LLC · Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
- Foundational Income Associates LLCreal estaten
- Income Planning Group, LLCinsurancey
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Plymouth, Mn · principal | 6 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 25 %Change between filings · filing Mar 11, 2026RAUM (Item 5.F) moved from $190,723,496 to $258,971,021 (+36.0%) between the annual amendments of 2025-03-11 and 2026-03-11; the peer median change was +15.0% (4551 comparable advisers, 91.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 91% percentile
What changed
consecutive filings, newest first
- Accounts · 867 to 990Nov 5, 2025 to Mar 11, 2026
- Advisory employees · 5 to 6Nov 5, 2025 to Mar 11, 2026
- HNW clients · 68 to 84Nov 5, 2025 to Mar 11, 2026
- Individual clients · 285 to 313Nov 5, 2025 to Mar 11, 2026
- Employees · 5 to 6Nov 5, 2025 to Mar 11, 2026
- State-registered IARs · 5 to 6Nov 5, 2025 to Mar 11, 2026
- Discretionary RAUM · $191M to $259MNov 5, 2025 to Mar 11, 2026
- HNW RAUM · $113M to $166MNov 5, 2025 to Mar 11, 2026
- Individual RAUM · $77.2M to $92.1MNov 5, 2025 to Mar 11, 2026
- RAUM · $191M to $259MNov 5, 2025 to Mar 11, 2026
- Assets in custody · unset to 113299026.0Mar 11, 2025 to Nov 5, 2025
- Custody of client assets · false to trueMar 11, 2025 to Nov 5, 2025
- Accounts · 809 to 867Sep 30, 2024 to Mar 11, 2025
- Advisory activities · 4 to 3Sep 30, 2024 to Mar 11, 2025
- Corporate clients · 1 to 2Sep 30, 2024 to Mar 11, 2025
- HNW clients · 63 to 68Sep 30, 2024 to Mar 11, 2025
- Individual clients · 279 to 285Sep 30, 2024 to Mar 11, 2025
- Employees · 6 to 5Sep 30, 2024 to Mar 11, 2025
- Financial planning clients · 1-10 to 1-10Sep 30, 2024 to Mar 11, 2025
- Discretionary RAUM · $160M to $191MSep 30, 2024 to Mar 11, 2025
- HNW RAUM · $97.3M to $113MSep 30, 2024 to Mar 11, 2025
- Individual RAUM · $61.7M to $77.2MSep 30, 2024 to Mar 11, 2025
- RAUM · $160M to $191MSep 30, 2024 to Mar 11, 2025
- Accounts · 808 to 809Nov 3, 2023 to Feb 15, 2024
- HNW clients · 62 to 63Nov 3, 2023 to Feb 15, 2024
- Individual clients · 285 to 279Nov 3, 2023 to Feb 15, 2024
- Employees · 7 to 6Nov 3, 2023 to Feb 15, 2024
- Financial planning clients · 251-500 to 1-10Nov 3, 2023 to Feb 15, 2024
- Discretionary RAUM · $143M to $160MNov 3, 2023 to Feb 15, 2024
- HNW RAUM · $85.1M to $97.3MNov 3, 2023 to Feb 15, 2024
- Individual RAUM · $57.5M to $61.7MNov 3, 2023 to Feb 15, 2024
- RAUM · $143M to $160MNov 3, 2023 to Feb 15, 2024
- Accounts · 1,479 to 808Sep 20, 2023 to Nov 3, 2023
- Advisory employees · 6 to 5Sep 20, 2023 to Nov 3, 2023
- Charity clients · 0 to 1Sep 20, 2023 to Nov 3, 2023
- Corporate clients · 0 to 1Sep 20, 2023 to Nov 3, 2023
- HNW clients · 95 to 62Sep 20, 2023 to Nov 3, 2023
- Individual clients · 484 to 285Sep 20, 2023 to Nov 3, 2023
- Employees · 10 to 7Sep 20, 2023 to Nov 3, 2023
- Financial planning clients · More than 500 to 251-500Sep 20, 2023 to Nov 3, 2023
Signals
10 dated events
- Richard Ryan Poterack (Chief Executive Officer / Chief Operating Officer) no longer on Schedule A of Kure Advisory, Llc (listed 2023-09-20, absent 2023-11-03)Nov 3, 2023 · Control person left · inference
- Ryan Richard Poterack left Kure Advisory, Llc for Private Advisor Group, Llc (registered 2023-11-28)Nov 1, 2023 · Advisor changed firm · fact
- Timothy Roy Loving left Kure Advisory, Llc for Cg Advisory Services (registered 2022-10-03)Oct 13, 2022 · Advisor changed firm · fact
- 2 advisors left CG Advisory Services (Williamston, MI) for Kure Advisory, LLC on the same dayJul 9, 2022 · Team lift-out · derived
- 2 advisors left CG Advisory Services (Plymouth, MN) for Kure Advisory, LLC a day apartJul 8, 2022 · Team lift-out · derived
- Kure Advisory, Llc reported RAUM $266.0M, up 165% from $100.3M (2021-03-22 to 2021-10-13)Oct 13, 2021 · RAUM change · derived
- Elizabeth Karen Stay (Chief Investment Officer) appeared on Schedule A of Kure Advisory, LlcOct 13, 2021 · Control person joined · fact
- John Thomas Wade (Chief Financial Officer) appeared on Schedule A of Kure Advisory, LlcOct 13, 2021 · Control person joined · fact
- Kure Advisory, Llc reported RAUM $100.3M, down 90% from $1.0B (2021-03-19 to 2021-03-19)Mar 19, 2021 · RAUM change · derived
- Kure Advisory, Llc filed its initial SEC registration (Form ADV)Nov 30, 2020 · First SEC registration · fact
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
- Business email
- info@incomeplanninggroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- jackw@incomeplanninggroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- johnw@incomeplanninggroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- kathiw@incomeplanninggroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- tax@incomeplanninggroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 763-231-2780reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 763-559-9213reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 800-450-0499reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- incomeplanninggroup.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (763)559-9213reportedpublic record, Form ADV, Mar 11, 2026
- Contact form
- incomeplanninggroup.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- incomeplanninggroup.com/meet-the-teamreportedpublished by the firm, firm site, Sep 15, 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
- $43.2Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026