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INCOME & ASSET ADVISORY, INC.
CRD 124955File 801-69801
APPROVED
Retail clients
Filing as of Aug 19, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$174.8M
Bottom 25% of cohort (national)
Discretionary AUM
$137.8M
Non-discretionary $37.0M
Clients
287
541 accounts
Employees
5
Bottom 25% of cohort in NY
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- NYRO
- Registration date
- Jan 2, 2009
- Principal office
- 80 BUSINESS PARK DRIVE, SUITE 108, ARMONK, NY, 10504
- Phone
- 914-273-6800
- Website
- HTTP://WWW.THEADVISORY.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $174.8M
- Discretionary AUM
- $137.8M
- Non-discretionary AUM
- $37.0M
- Discretionary accounts
- 509
- Non-discretionary accounts
- 32
- Total accounts
- 541
- AUM per client
- $609K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | Fewer than 5 | $803K |
| High net worth individuals | 53 | $111.2M |
| Pension and profit sharing plans | Fewer than 5 | $1.5M |
| Individuals (other than high net worth individuals) | 226 | $61.4M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Other advisory activities
- Portfolio management for other
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Aug 23, 2026 | Employees | 4 | 5 | increased by1 |
| Apr 1, 2026 | Clients | 298 | 287 | decreased by11 |
| Apr 1, 2026 | AUM | $136,061,350 | $174,837,705 | increased by$38,776,355 |
| Apr 1, 2026 | Accounts | 455 | 541 | increased by86 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 8 | 4 | decreased by4 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 258 | 298 | increased by40 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $124,197,330 | $136,061,350 | increased by$11,864,020 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 442 | 455 | increased by13 |
| Apr 1, 2022 | AUM | $112,696,161 | $124,197,330 | increased by$11,501,169 |
| Apr 1, 2022 | Accounts | 425 | 442 | increased by17 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “INCOME ASSET” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“INCOME ASSET” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.