{
  "crd_number": 131091,
  "slug": "dupree-financial-group-llc-lexington-ky-131091",
  "primary_business_name": "DUPREE FINANCIAL GROUP, LLC",
  "legal_name": "DUPREE FINANCIAL GROUP, LLC",
  "dbas": [],
  "city": "Lexington",
  "state": "KY",
  "country": "United States",
  "cbsa_code": "30460",
  "metro": {
    "cbsa_code": "30460",
    "common_name": "Lexington",
    "msa_name": "Lexington-Fayette, KY",
    "path": "/advisors/ky/lexington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-06-04",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-08-24",
  "carried_forward": false,
  "raum_total": 404368661.0,
  "raum_discretionary": 404368661.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 179921322.0,
      "count": 711
    },
    "high_net_worth_individuals": {
      "raum": 224447339.0,
      "count": 114
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "AZ",
    "CO",
    "FL",
    "IN",
    "KY",
    "LA",
    "MI",
    "OH",
    "SC",
    "TN",
    "TX"
  ],
  "websites": [
    "https://dupreefinancial.com",
    "https://facebook.com/DUPREEFINANCIAL",
    "https://instragram.com/DUPREEFINANCIALGROUP",
    "https://linkedin.com/COMPANY/DUPREEFINANCIAL",
    "https://x.com/DUPREEFINANCIAL",
    "https://youtube.com/@DUPREEFINANCIALGROUP7358"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/131091",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    }
  ],
  "city_as_filed": "LEXINGTON",
  "url": "https://advisorcensus.com/firm/dupree-financial-group-llc-lexington-ky-131091",
  "display_name": "Dupree Financial Group, LLC",
  "summary": "Dupree Financial Group, LLC is an SEC-registered investment advisory firm in Lexington, KY, registered since 2010, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 24, 2026.",
  "citation": "AdvisorCensus. Dupree Financial Group, LLC (CRD 131091): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Dupree Financial Group, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Dupree Financial Group, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Dupree Financial Group, LLC located?",
      "a": "Dupree Financial Group, LLC's principal office is in Lexington, KY, according to its Form ADV."
    },
    {
      "q": "Is Dupree Financial Group, LLC registered with the SEC or a state?",
      "a": "Dupree Financial Group, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 131091."
    },
    {
      "q": "How much does Dupree Financial Group, LLC manage?",
      "a": "Dupree Financial Group, LLC reports $404,368,661 in regulatory assets under management in its Form ADV filing dated August 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Dupree Financial Group, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Dupree Financial Group, LLC: Regulatory assets under management: $269,279,725 in the October 2021 data and $404,368,661 in the October 2026 data, up 50%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Dupree Financial Group, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (711); high net worth individuals (114)."
    },
    {
      "q": "Which custodians does Dupree Financial Group, LLC use?",
      "a": "Dupree Financial Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Management Trust Company and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Dupree Financial Group, LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/131091"
    },
    {
      "q": "What changed in Dupree Financial Group, LLC's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 269279725.0,
      "total_employees": 6,
      "filing_date": "2021-03-09"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 290742282.0,
      "total_employees": 6,
      "filing_date": "2022-09-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 268897748.0,
      "total_employees": 5,
      "filing_date": "2023-04-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 283324441.0,
      "total_employees": 5,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 330218102.0,
      "total_employees": 6,
      "filing_date": "2025-03-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 404368661.0,
      "total_employees": 7,
      "filing_date": "2026-08-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 6.",
        "Regulatory assets under management went from $330,218,102 to $404,368,661 (+22%).",
        "Registered or notice-filed in IN, LA, MI, SC."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in LA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Management Trust Company",
      "name_as_filed": "FIDELITY MANAGEMENT TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/dupree-financial-group-llc-lexington-ky-131091.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 711,
      "fewer_than_5": false,
      "raum": 179921322.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 114,
      "fewer_than_5": false,
      "raum": 224447339.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/131091",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}