AdvisorCensus / Financial advisors / New York / New York / Income & Asset Advisory, Inc.
Income & Asset Advisory, Inc. is an SEC-registered investment advisory firm in Armonk, NY, registered since 2009, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 19, 2026.
Quick answers
From the filingHow is Income & Asset Advisory, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Income & Asset Advisory, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges.
Where is Income & Asset Advisory, Inc. located?
Income & Asset Advisory, Inc.'s principal office is in Armonk, NY, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Income & Asset Advisory, Inc. registered with the SEC or a state?
Income & Asset Advisory, Inc. is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 124955.
How much does Income & Asset Advisory, Inc. manage?
Income & Asset Advisory, Inc. reports $174,837,705 in regulatory assets under management in its Form ADV filing dated August 19, 2026 (79% discretionary).
How have Income & Asset Advisory, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Income & Asset Advisory, Inc.: Regulatory assets under management: $112,696,161 in the October 2021 data and $174,837,705 in the October 2026 data, up 55%. Total employees: 8 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Income & Asset Advisory, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (226); high net worth individuals (53); pension and profit sharing plans (but not the plan participants or government pension plans) (4).
Which custodians does Income & Asset Advisory, Inc. use?
Income & Asset Advisory, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Ascensus Broker Dealer Services, LLC and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.
Does Income & Asset Advisory, Inc. 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/124955
What changed in Income & Asset Advisory, Inc.'s recent Form ADV filings?
In the September 2026 filing data: Employees performing advisory functions went from 3 to 4.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated March 11, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$174,837,705 as of October 2026, filing dated August 19, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Other
Registration and firm details
Items 1, 2, 5- Also doing business as
- KATONAH CAPITAL GROUP
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2009 (17 years)
- Employees
- Total: 5. Performing investment advisory functions: 4.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the September 2026 filing
- States registered or notice-filed
-
10 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $174,837,705 | 5 | August 19, 2026 |
| October 2025 | $136,061,350 | 4 | July 16, 2025 |
| October 2024 | $116,003,615 | 5 | August 30, 2024 |
| October 2023 | $108,872,547 | 4 | May 24, 2023 |
| October 2022 | $124,197,330 | 8 | March 28, 2022 |
| October 2021 | $112,696,161 | 8 | March 26, 2021 |
Regulatory assets under management: $112,696,161 in the October 2021 data and $174,837,705 in the October 2026 data, up 55%.
Total employees: 8 in October 2021 and 5 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- September 2026
- Employees performing advisory functions went from 3 to 4.
- April 2026
- Regulatory assets under management went from $136,061,350 to $174,837,705 (+28%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Income & Asset Advisory, Inc. (CRD 124955): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/income-and-asset-advisory-inc-armonk-ny-124955