Kult Wealth Management Group provides portfolio management for individuals and small businesses.
Kult Wealth Management Group reports 69 clients. They include 40 high-net-worth individuals and 29 individual clients. Of its assets, 98.3% ($133M across 68 accounts) are managed with discretion; $2.34M across 1 account is not. Of its clients, 2% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 42% | 10% |
| High-net-worth individuals | 58% | 90% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 29 | $13.6M | 10.1% | $469K |
| High-net-worth individuals | 40 | $121M | 89.9% | $3.04M |
| Total | 69 | $135M | 100% | $1.96M |
- Clients
- 29
- Regulatory AUM
- $13.6M
- AUM share
- 10.1%
- Avg. per client
- $469K
- Clients
- 40
- Regulatory AUM
- $121M
- AUM share
- 89.9%
- Avg. per client
- $3.04M
Total
- Clients
- 69
- Regulatory AUM
- $135M
- AUM share
- 100%
- Avg. per client
- $1.96M
- Clients outside the U.S.
- 2%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Kult Wealth Management Group charges 0.25%–0.73% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in arrears, is not negotiable and requires an account of at least $1,000,000.
| Asset band | Annual rate |
|---|---|
| $0–$5M | 0.73% |
| $5M–$10M | 0.50% |
| $10M and above | 0.25% |
Fee details and sources
Peter Kult owns 75% or more of Kult Wealth Management Group. The leadership team of Kult Wealth Management Group includes Chief Compliance Officer Peter Kult. It has 2 employees, 1 of them in advisory roles.
Staff
- 2 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Kult Wealth Management Group, LLC
Peter Kult
Control person · since January 2003
Kult Wealth Management Group’s regulatory assets grew from $102M (February 2022) to $135M (February 2026); clients rose from 61 to 69 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $135M | 69 | 2 | 1 |
| Feb 2025February 2025 | $122M | 68 | 2 | 1 |
| Feb 2024February 2024 | $115M | 70 | 2 | 1 |
| Jan 2023January 2023 | $94.7M | 66 | 2 | 1 |
| Feb 2022February 2022 | $102M | 61 | 2 | 1 |
Besides its headquarters, Kult Wealth Management Group has 0 offices, with 1 listed address in 1 state.
Wisconsin · 1 listed address
- 17100 W North Ave Suite 202, BrookfieldHQ
Contact and registration details
- Legal name
- Kult Wealth Management Group, LLC
- Headquarters
- 17100 W North Ave Suite 202, Brookfield, WI 53005
- Website
- kultwealth.com
- Phone
- 262-787-0704
- SEC file
- 801-123427
- Structure
- Wisconsin LLC
- Fiscal year end
- December
Kult Wealth Management Group’s named custodian for separately managed accounts is Charles Schwab ($135M). Kult Wealth Management Group does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $135M100%
At year end, Kult Wealth Management Group’s separately managed accounts were mostly in funds (96%).
What the accounts hold
- Stocks3%
- Funds96%
- Registered funds54%
- Pooled vehicles42%
- Cash1%
How many clients does Kult Wealth Management Group have?
Kult Wealth Management Group has 69 clients and manages $135 million for them, as of February 2026. They include 40 high-net-worth individuals and 29 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 February 2026
What services does Kult Wealth Management Group offer?
Kult Wealth Management Group provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Kult Wealth Management Group charge?
Kult Wealth Management Group charges 0.25%–0.73% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in arrears, is not negotiable and requires an account of at least $1,000,000.
Source: DISCLOSURE BROCHURE - FORM ADV PART 2A, filed 4 February 2026
Which custodians does Kult Wealth Management Group use?
Kult Wealth Management Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $135M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 February 2026
How many financial advisors does Kult Wealth Management Group have?
Kult Wealth Management Group has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 1 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 Kult Wealth Management Group invest in?
At the end of its last fiscal year, Kult Wealth Management Group’s separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 42% pooled vehicles (private funds and similar), 3% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Kult Wealth Management Group have a minimum investment?
Yes, Kult Wealth Management Group’s minimum account size for its Investment Management is $1M.
Source: DISCLOSURE BROCHURE - FORM ADV PART 2A, filed 4 February 2026
Who owns Kult Wealth Management Group?
Kult Wealth Management Group’s direct owner is Peter Kult (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 February 2026
How does Kult Wealth Management Group get paid?
Kult Wealth Management Group is paid through a percentage of assets under management and other compensation. 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 Kult Wealth Management Group?
Kult Wealth Management Group’s main office is at 17100 W North Ave Suite 202, Brookfield, WI 53005. Its phone number is 262-787-0704. Its website is kultwealth.com.