{"url":"https://nivawealth.com/firms/kropog-financial-group-282747","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/282747","regulatoryAum":160493597,"crd":"282747","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1114321","suffix":"JR","lastName":"KROPOG","firstName":"JAMES","middleName":"JOHN"},{"crd":"5210567","suffix":null,"lastName":"KROPOG","firstName":"RYAN","middleName":"CHRISTOPHER"},{"crd":"7422081","suffix":null,"lastName":"Rodriguez","firstName":"Christopher","middleName":"Cole"},{"crd":"7221100","suffix":null,"lastName":"Valentine","firstName":"Courtney","middleName":"Gail"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2022-04-14","regulatoryAum":115116886,"clients":208,"employees":6,"offices":2},{"filedOn":"2023-02-10","regulatoryAum":94649508,"clients":203,"employees":6,"offices":2},{"filedOn":"2024-07-31","regulatoryAum":117234502,"clients":293,"employees":6,"offices":2},{"filedOn":"2025-02-06","regulatoryAum":142020204,"clients":213,"employees":7,"offices":2},{"filedOn":"2026-09-03","regulatoryAum":160493597,"clients":221,"employees":7,"offices":2}],"secFileNumber":"801-123679","legalName":"Kropog 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as a fixed fee of $300 to $15,000, negotiable, with up to 50% invoiced at signing.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1056962","versionId":1056962,"submittedOn":"2026-09-03","documentName":"KROPOG FINANCIAL GROUP, LLC DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T15:22:22.473515+00:00","documents":[{"name":"KROPOG FINANCIAL GROUP, LLC DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1056962","versionId":1056962,"submittedOn":"2026-09-03"}]},"custodians":[{"name":"LPL Financial LLC","shortName":"LPL Financial","location":"Fort Mill, SC","smaAssets":152554573}],"custodyNote":"Kropog Financial Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Ryan Kropog","title":"President & Chief Executive Officer","crd":"5210567"},{"name":"Calvin Foster-Billiot","title":"Chief Compliance Officer & Chief Operating Officer","crd":"6133380"}],"ownership":[{"label":"Ryan Kropog","detail":"President & chief executive officer in the 75% or more ownership band and a control person, since May 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Louisiana","offices":2,"addresses":[{"street":"2895 Highway 190 Ste 205","city":"Mandeville","headquarters":true},{"street":"900 Camp Street","city":"New Orleans"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"985-727-6724","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":93},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"3 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/282747/PDF/282747.pdf","brochureDate":"3 September 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1056962","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Kropog Financial Group have?","answer":"Kropog Financial Group has 221 clients and manages $160 million for them, as of September 2026. They include 170 individual clients and 51 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 3 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Kropog Financial Group offer?","answer":"Kropog Financial Group provides financial planning, portfolio management for individuals and small businesses, and pension consulting.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Kropog Financial Group use?","answer":"Kropog Financial Group’s separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $153M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Kropog Financial Group have?","answer":"Kropog Financial Group has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Kropog Financial Group invest in?","answer":"At the end of its last fiscal year, Kropog Financial Group’s separately managed accounts held 93% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities and 2% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Kropog Financial Group?","answer":"Kropog Financial Group’s direct owner is Ryan Kropog (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 3 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Kropog Financial Group get paid?","answer":"Kropog Financial Group is paid through a percentage of assets under management, hourly charges and fixed fees. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Kropog Financial Group?","answer":"Kropog Financial Group’s main office is at 2895 Highway 190 Ste 205, Mandeville, LA 70471. Its phone number is 985-727-6724. Its website is kropogfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 3 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/kropog-financial-group-282747/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-06","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2084205/000195175726001097/0001951757-26-001097-index.html","totalValue":141908278,"positionCount":39,"top10Share":0.8862027555573608,"top10":[{"issuer":"VANGUARD ADMIRAL FDS INC","titleOfClass":"500 GRTH IDX F","cusip":"921932505","value":30981971,"shares":374994,"shareType":"SH","priorValue":25197159,"priorShares":61805},{"issuer":"VANGUARD BD INDEX FDS","titleOfClass":"INTERMED TERM","cusip":"921937819","value":23381395,"shares":304842,"shareType":"SH","priorValue":24214547,"priorShares":313741},{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 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Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}