{"url":"https://nivawealth.com/firms/kult-wealth-management-group-126740","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/126740","regulatoryAum":135083000,"crd":"126740","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4493349","suffix":null,"lastName":"KULT","firstName":"PETER","middleName":"MARTIN"}],"total":1,"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":"2022-02-10","regulatoryAum":101539000,"clients":61,"employees":2,"offices":1},{"filedOn":"2023-01-20","regulatoryAum":94700000,"clients":66,"employees":2,"offices":1},{"filedOn":"2024-02-18","regulatoryAum":114662000,"clients":70,"employees":2,"offices":1},{"filedOn":"2025-02-11","regulatoryAum":121933000,"clients":68,"employees":2,"offices":1},{"filedOn":"2026-02-04","regulatoryAum":135083000,"clients":69,"employees":2,"offices":1}],"secFileNumber":"801-123427","legalName":"Kult Wealth Management Group, LLC","displayName":"Kult Wealth Management Group","slug":"kult-wealth-management-group-126740","website":"https://kultwealth.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/126740/1e030843061c1d93-r1.webp","tone":"light","width":1440,"height":200,"sourceUrl":"https://kultwealth.com/","sourceLabel":"Kult Wealth Management Group, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Wisconsin limited liability company","fiscalYearEnd":"December","headquarters":{"street":"17100 W North Ave Suite 202","city":"Brookfield","state":"WI","stateName":"Wisconsin","country":"United States","postalCode":"53005"},"tradeNames":[],"registration":{"secApproved":"14 March 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1957724.6376811594,"staff":{"employees":2,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":135083000,"discretionary":132742000,"discretionaryAccounts":68,"nonDiscretionary":2341000,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":2,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":29,"regulatoryAum":13594000},{"label":"High-net-worth individuals","clients":40,"regulatoryAum":121489000}],"feePrograms":[{"role":"main","program":"Investment Management","feeBasis":"marginal","fee_tiers":[{"to":5000000,"pct":0.73,"from":0},{"to":10000000,"pct":0.5,"from":5000000},{"to":null,"pct":0.25,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006333","versionId":1006333,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-02-04","documentName":"DISCLOSURE BROCHURE - FORM ADV PART 2A","fee_rate_low":0.25,"fee_rate_high":0.73,"fee_negotiable":false,"minimum_account":1000000,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:52:10.123183+00:00","documents":[{"name":"DISCLOSURE BROCHURE - FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006333","versionId":1006333,"submittedOn":"2026-02-04"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":135083000}],"custodyNote":"Kult Wealth Management Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Peter Kult","title":"Member, Chief Compliance Officer","crd":"4493349"}],"ownership":[{"label":"Peter Kult","detail":"Member, chief compliance officer in the 75% or more ownership band and a control person, since January 2003."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Wisconsin","offices":1,"addresses":[{"street":"17100 W North Ave Suite 202","city":"Brookfield","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"262-787-0704","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Other"],"activities":["Portfolio management for individuals and/or small businesses","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":54},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":42},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"4 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/126740/PDF/126740.pdf","brochureDate":"4 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006333","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 Kult Wealth Management Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Kult Wealth Management Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Kult Wealth Management Group charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Kult Wealth Management Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Kult Wealth Management Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Kult Wealth Management Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Kult Wealth Management Group have a minimum investment?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Kult Wealth Management Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Kult Wealth Management Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Kult Wealth Management Group?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 4 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. 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."}