# Chicory Wealth

> Chicory Wealth is an SEC-registered investment advisory firm in Decatur, GA, registered since 2017, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 13, 2026.

- CRD: 290887
- Filed as: CHICORY WEALTH
- Legal name: M. Kulyk & Associates, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Decatur, GA
- Filing period: October 2026
- Form ADV filing dated: July 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/290887
- AdvisorCensus page: https://advisorcensus.com/firm/chicory-wealth-decatur-ga-290887

## Quick answers

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

**Where is Chicory Wealth located?**
Chicory Wealth's principal office is in Decatur, GA, according to its Form ADV.

**Is Chicory Wealth registered with the SEC or a state?**
Chicory Wealth is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 290887.

**How much does Chicory Wealth manage?**
Chicory Wealth reports $840,380,068 in regulatory assets under management in its Form ADV filing dated July 13, 2026 (100% discretionary).

**How have Chicory Wealth's assets and staff changed since 2021?**
In the Form ADV data for Chicory Wealth: Regulatory assets under management: $371,181,499 in the October 2021 data and $840,380,068 in the October 2026 data, up 126%. Total employees: 11 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Chicory Wealth serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (314); high net worth individuals (225); charitable organizations (7).

**Which custodians does Chicory Wealth use?**
Chicory Wealth's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Chicory Wealth 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/290887

**What changed in Chicory Wealth's recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in CT. 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
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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: $840,380,068
- Discretionary: $837,836,139
- Non-discretionary: $2,543,929

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 314 | $197,574,732 |
| High net worth individuals | 225 | $631,834,205 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $93,053 |
| Charitable organizations | 7 | $10,233,668 |
| Corporations or other businesses not listed above | 2 | $644,410 |

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

### Firm details
- Registered since: 2017 (8 years)
- Employees: 23 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR, CA, CO, CT, DC, FL, GA, IL, LA, MA, NC, NH, NJ, NY, OR, PA, SC, TN, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bsky.app/profile/chicorywealth.bsky.social
- chicorywealth.com
- substack.com/@chicorywealth
- LinkedIn @18413386
- YouTube @UCNR4xyVpeQmPjtVUIGJ3eRg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $371,181,499 | 11 | August 25, 2021 |
| October 2022 | $530,684,126 | 15 | May 19, 2022 |
| October 2023 | $509,783,148 | 17 | March 30, 2023 |
| October 2024 | $632,019,449 | 18 | March 8, 2024 |
| October 2025 | $682,691,835 | 18 | March 20, 2025 |
| October 2026 | $840,380,068 | 23 | July 13, 2026 |

Regulatory assets under management: $371,181,499 in the October 2021 data and $840,380,068 in the October 2026 data, up 126%.
Total employees: 11 in October 2021 and 23 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in CT.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 11 to 12.
- Regulatory assets under management went from $682,691,835 to $840,380,068 (+23%).
- Registered or notice-filed in DC, NH.

### February 2026
- Registered or notice-filed in OR.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Chicory Wealth (CRD 290887): Form ADV filing data as of October 2026.