# Income Discovery

> Income Discovery is an SEC-registered investment advisory firm in Basking Ridge, NJ, registered since 2011, with no regulatory assets under management reported in its Form ADV filing dated July 2, 2026.

- CRD: 157342
- Filed as: INCOME DISCOVERY
- Legal name: Fiducioso Advisors, Inc
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Basking Ridge, NJ
- Filing period: October 2026
- Form ADV filing dated: July 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157342
- AdvisorCensus page: https://advisorcensus.com/firm/income-discovery-basking-ridge-nj-157342

## Quick answers

**How is Income Discovery compensated?**
On its Form ADV (Item 5.E, October 2026), Income Discovery reports these compensation arrangements: fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Income Discovery located?**
Income Discovery's principal office is in Basking Ridge, NJ, according to its Form ADV.

**Is Income Discovery registered with the SEC or a state?**
Income Discovery is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 157342.

**How have Income Discovery's assets and staff changed since 2021?**
In the Form ADV data for Income Discovery: Total employees: 6 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**Does Income Discovery 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/157342

**What changed in Income Discovery's recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 11 to 10.

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |

### Advisory services (Item 5.G)
- Other

### Firm details
- Registered since: 2011 (15 years)
- Employees: 10 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NJ
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- incomediscovery.com
- LinkedIn @income-discovery
- X @incomediscovery

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | 6 | March 22, 2021 |
| October 2022 | Not reported | 7 | February 24, 2022 |
| October 2023 | Not reported | 11 | March 3, 2023 |
| October 2024 | Not reported | 10 | January 19, 2024 |
| October 2025 | Not reported | 11 | January 23, 2025 |
| October 2026 | Not reported | 10 | July 2, 2026 |

Total employees: 6 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 11 to 10.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Income Discovery (CRD 157342): Form ADV filing data as of October 2026.
