Dupree Financial Group, Llc
- Regulatory AUM
- $404M
- Discretionary
- $404M
- Clients
- 825
- Avg AUM / client
- $490K
- Accounts
- 1,655
- Employees
- 7
AUM over time
Annual snapshots from Form ADV filings · as of Apr 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 711 | $180M | 44.5% |
| High net worth individuals | 114 | $224M | 55.5% |
People (8)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Thomas Parmelee Dupree | Manager / Member | Aug 2003 (23y) | 75% or more | |
| Ambrose, William, Martin | Chief Compliance Officer And Chief Financial Officer | Apr 2015 (11y) | Less than 5% | |
| Micheal Allen Johnson | Registered representative | Jun 2010 (16y) | ||
| Denise Marie Rodriguez | Registered representative | Oct 2023 (3y) | ||
| Thomas Clark Dupree | Registered representative | Feb 2024 (3y) | ||
| Michael Maloof Dawahare | Registered representative | Feb 2024 (2y) | ||
| James Parmelee Dupree | Registered representative | Feb 2025 (1y) | ||
| David Hudson Kemp | Registered representative | Oct 2025 (1y) |
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) | 04/17/2026 | 1.01 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: FAILURE TO CONDUCT ANNUAL COMPLIANCE REVIEWS OVER A MULTI-YEAR PERIOD, PURSUANT TO SECTION 206(4) OF THE ADVISERS ACT. Status: Final Sanction Detail: NONE Summary: ON OCTOBER 5, 2016, THE SECURITIES AND EXCHANGE COMMISSION ISSUED AN ADMINISTRATIVE ORDER AGAINST THE FIRM FOR FAILURE TO CONDUCT ANNUAL COMPLIANCE REVIEWS OVER A MULTI-YEAR PERIOD, PURSUANT TO SECTION 206(4) OF THE ADVISERS ACT. UNDER THE ORDER, DUPREE FINANCIAL GROUP, LLC ACCEPTED A CENSURE FOR ITS COMPLIANCE LAPSES AND AGREED TO PAY A $25,000 FINE WHILE COMMITTING TO AVOID REPEAT VIOLATIONS OF THE RELEVANT PROVISIONS OF THE INVESTMENT ADVISERS ACT.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- National Financial Services (Fidelity) $379M (94% of AUM) Apr 2026
- Fidelity Distributors Company Llc $279M (96% of AUM) Oct 2022
- Fidelity Management Trust Company $18.4M (5% of AUM) Apr 2026
- Charles Schwab & Co. $6.9M (2% of AUM) Apr 2026
- Fidelity Investments Institutional Services Company, Inc. $1.6M (1% of AUM) May 2019
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: Apr 17, 2026.
View current Form ADV (SEC/IAPD) ↗