# Dupree Financial Group, LLC

> 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.

- CRD: 131091
- Filed as: DUPREE FINANCIAL GROUP, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lexington, KY
- Filing period: October 2026
- Form ADV filing dated: August 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/131091
- AdvisorCensus page: https://advisorcensus.com/firm/dupree-financial-group-llc-lexington-ky-131091

## Quick answers

**How is Dupree Financial Group, LLC compensated?**
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.

**Where is Dupree Financial Group, LLC located?**
Dupree Financial Group, LLC's principal office is in Lexington, KY, according to its Form ADV.

**Is Dupree Financial Group, LLC registered with the SEC or a state?**
Dupree Financial Group, LLC is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 131091.

**How much does Dupree Financial Group, LLC manage?**
Dupree Financial Group, LLC reports $404,368,661 in regulatory assets under management in its Form ADV filing dated August 24, 2026 (100% discretionary).

**How have Dupree Financial Group, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Dupree Financial Group, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (711); high net worth individuals (114).

**Which custodians does Dupree Financial Group, LLC use?**
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.

**Does Dupree Financial Group, LLC report any disciplinary disclosures?**
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

**What changed in Dupree Financial Group, LLC's recent Form ADV filings?**
In the May 2026 filing data: 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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Management Trust Company
- National Financial 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: $404,368,661
- Discretionary: $404,368,661
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 711 | $179,921,322 |
| High net worth individuals | 114 | $224,447,339 |

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

### Firm details
- Registered since: 2010 (16 years)
- Employees: 7 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CO, FL, IN, KY, LA, MI, OH, SC, TN, TX
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): 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?
- 11.C(5): 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?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/131091

### Websites listed on Form ADV (Item 1.I)
- dupreefinancial.com
- instragram.com/DUPREEFINANCIALGROUP
- Facebook @DUPREEFINANCIAL
- LinkedIn @DUPREEFINANCIAL
- X @DUPREEFINANCIAL
- YouTube @DUPREEFINANCIALGROUP7358

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $269,279,725 | 6 | March 9, 2021 |
| October 2022 | $290,742,282 | 6 | September 22, 2022 |
| October 2023 | $268,897,748 | 5 | April 13, 2023 |
| October 2024 | $283,324,441 | 5 | March 26, 2024 |
| October 2025 | $330,218,102 | 6 | March 5, 2025 |
| October 2026 | $404,368,661 | 7 | August 24, 2026 |

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.

## Changes in the filing (last 12 months)

### May 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- 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.

### January 2026
- No longer registered or notice-filed in LA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Dupree Financial Group, LLC (CRD 131091): Form ADV filing data as of October 2026.