Income & Asset Advisory, Inc.
- Regulatory AUM
- $175M
- Discretionary
- $138M
- Clients
- 287
- Avg AUM / client
- $609K
- Accounts
- 541
- Employees
- 5
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Aug 19, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 226 | $61.4M | 35.1% |
| High net worth individuals | 53 | $111M | 63.6% |
| Pension and profit sharing plans | 4 | $1.5M | 0.84% |
| Corporations and other businesses | 4 | $803K | 0.46% |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Mccauley, James, Patrick | President, Ceo, And Chief Compliance Officer | Mar 2006 (21y) | 75% or more | |
| Derek Anthony Ralston | Registered representative | Mar 2012 (14y) | ||
| Jason David Waxler | Registered representative | Mar 2012 (14y) | ||
| Catherine Marie Newman | Registered representative | Nov 2015 (11y) | ||
| Matthew Scott Naidorf | Registered representative | Jul 2024 (2y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 955 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Other services
Custody
Reported custodians
- National Financial Services (Fidelity) $132M (76% of AUM) Aug 2026
- Ascensus Broker Dealer Services, Llc $31.2M (18% of AUM) Aug 2026
- Pershing $12.1M (11% of AUM) Nov 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Aug 19, 2026.
View current Form ADV (SEC/IAPD) ↗