Income Focus Portfolio Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Income Focus Portfolio Management reports 306 clients. They include 213 individual clients, 83 high-net-worth individuals, and 7 corporations and other businesses. Of its assets, 100.0% ($362M across 601 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 28% |
| High-net-worth individuals | 27% | 71% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 213 | $99.8M | 27.5% | $469K |
| High-net-worth individuals | 83 | $257M | 70.8% | $3.09M |
| Charitable organizations | 3 | $3.42M | 0.9% | $1.14M |
| Corporations and other businesses | 7 | $2.58M | 0.7% | $369K |
| Total | 306 | $362M | 100% | $1.18M |
- Clients
- 213
- Regulatory AUM
- $99.8M
- AUM share
- 27.5%
- Avg. per client
- $469K
- Clients
- 83
- Regulatory AUM
- $257M
- AUM share
- 70.8%
- Avg. per client
- $3.09M
- Clients
- 3
- Regulatory AUM
- $3.42M
- AUM share
- 0.9%
- Avg. per client
- $1.14M
- Clients
- 7
- Regulatory AUM
- $2.58M
- AUM share
- 0.7%
- Avg. per client
- $369K
Total
- Clients
- 306
- Regulatory AUM
- $362M
- AUM share
- 100%
- Avg. per client
- $1.18M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Income Focus Portfolio Management charges 0.36% a year for its Managed Portfolios. The whole portfolio is charged at the rate of its band. The fee is billed in arrears.
| Asset band | Annual rate |
|---|---|
| $0 and above | 0.36% |
Fee details and sources
David Elan owns 75% or more of Income Focus Portfolio Management. The leadership team of Income Focus Portfolio Management includes Chief Compliance Officer David Elan. It has 3 employees.
Leadership
- David ElanChief Compliance Officer / Managing Member
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- David N Elan
- Arik B. Griffin
- Elizabeth Watson Millet
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Income Focus Portfolio Management, LLC
David Elan
Control person · since September 2012
Income Focus Portfolio Management’s regulatory assets grew 2.0× from $184M (February 2021) to $362M (February 2026); clients rose from 193 to 306 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $362M | 306 | 3 | 1 |
| January 2025 | $334M | 272 | 3 | 1 |
| April 2024 | $294M | 281 | 3 | 1 |
| February 2023 | $245M | 259 | 3 | 1 |
| July 2022 | $225M | 216 | 3 | 1 |
| February 2021 | $184M | 193 | 3 | 1 |
Besides its headquarters, Income Focus Portfolio Management has 0 offices, with 1 listed address in Wyoming.
Wyoming · 1 listed address
- 1110 Maple Way, JacksonHQ
Contact and registration details
- Legal name
- Income Focus Portfolio Management, LLC
- Headquarters
- 1110 Maple Way, Jackson, WY 83001
- Website
- incomefocus.com
- Phone
- 307-733-5100
- SEC file
- 801-77168
- Founded
- 2012
- Structure
- Delaware LLC
- Fiscal year end
- December
Income Focus Portfolio Management uses Charles Schwab ($180M, 50%) and Fidelity ($179M, 50%) as custodians for its separately managed accounts. Income Focus Portfolio Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $180M50%
- FidelityFidelity Brokerage Services LLC · Boston, MA · $179M50%
At year end, Income Focus Portfolio Management’s separately managed accounts were largely in stocks (48%) and bonds (26%).
What the accounts hold
- Stocks48%
- Funds16%
- Bonds26%
- State and local bonds18%
- U.S. government and agency bonds5%
- High-yield corporate bonds3%
- Cash10%
How many clients does Income Focus Portfolio Management have?
Income Focus Portfolio Management has 306 clients and manages $362 million for them, as of February 2026. They include 213 individual clients, 83 high-net-worth individuals, and 7 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 February 2026
What services does Income Focus Portfolio Management offer?
Income Focus Portfolio Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Income Focus Portfolio Management charge?
Income Focus Portfolio Management charges 0.36% a year for its Managed Portfolios. The whole portfolio is charged at the rate of its band. The fee is billed in arrears.
Which custodians does Income Focus Portfolio Management use?
Income Focus Portfolio Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $180M and Fidelity Brokerage Services LLC (Boston, MA), with $179M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 February 2026
How many financial advisors does Income Focus Portfolio Management have?
Income Focus Portfolio Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Income Focus Portfolio Management invest in?
At the end of its last fiscal year, Income Focus Portfolio Management’s separately managed accounts held 48% exchange-traded equities, 18% state and local bonds, 16% registered funds (mutual funds, ETFs, BDCs), 10% cash and equivalents, 5% U.S. government and agency bonds and 3% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Income Focus Portfolio Management?
Income Focus Portfolio Management’s direct owner is David Elan (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 February 2026
How does Income Focus Portfolio Management get paid?
Income Focus Portfolio Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Income Focus Portfolio Management?
Income Focus Portfolio Management’s main office is at 1110 Maple Way, Jackson, WY 83001. Its phone number is 307-733-5100. Its website is incomefocus.com.