# Alupka Asset Management

> Alupka Asset Management is a state-registered investment advisory firm in Driggs, ID, registered since 2011, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated April 23, 2026.

- CRD: 158410
- Filed as: ALUPKA ASSET MANAGEMENT
- Legal name: Badger Capital Advisors, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Driggs, ID
- Filing period: October 2026
- Form ADV filing dated: April 23, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/158410
- AdvisorCensus page: https://advisorcensus.com/firm/alupka-asset-management-driggs-id-158410

## Quick answers

**How is Alupka Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), Alupka Asset Management reports these compensation arrangements: a percentage of assets under its management.

**Where is Alupka Asset Management located?**
Alupka Asset Management's principal office is in Driggs, ID, according to its Form ADV.

**Is Alupka Asset Management registered with the SEC or a state?**
Alupka Asset Management is a state-registered investment advisory firm, registered since 2011. Status as filed: APPROVED. CRD 158410.

**How much does Alupka Asset Management manage?**
Alupka Asset Management reports $77,246,636 in regulatory assets under management in its Form ADV filing dated April 23, 2026 (100% discretionary).

**What types of clients does Alupka Asset Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (23); individuals (other than high net worth individuals) (11).

**Does Alupka Asset Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/158410

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $77,246,636
- Discretionary: $77,246,636
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 11 | $2,823,832 |
| High net worth individuals | 23 | $74,422,804 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2011 (15 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, ID, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alupkapartners.com

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Alupka Asset Management (CRD 158410): Form ADV filing data as of October 2026.