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Adk Wealth Advisory Group

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Client assets under management

$759,775,400

Clients

1,195

45% high-net worth

Advisors

6

of 14 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

199

Very High

Average account size

$635,795

About

ADK Wealth Advisory Group provides fee-based investment advisory and financial planning primarily to individuals, including high‑net‑worth clients, and offers retirement-plan advisory services to plan sponsors under both 3(21) and 3(38) fiduciary arrangements. Its service menu includes ongoing discretionary and non‑discretionary portfolio management through LPL Financial‑supported programs, model- and manager-based portfolios, and hourly or fixed‑fee planning engagements.

The firm tailors portfolios to each client’s objectives and maintains ongoing account supervision, using a mix of fundamental and technical analysis, regular rebalancing, and allocations that commonly include mutual funds, ETFs/ETPs, equities, REITs and fixed income. For international exposures ADK describes a dynamic currency hedging approach and routinely selects third‑party managers and model portfolios available on the LPL platform.

Noteworthy differences from many team firms include ADK’s role as sponsor and portfolio manager for its own wrap‑fee programs, an arrangement that is uncommon among peers, and the fact that several representatives are licensed insurance agents and registered representatives, allowing implementation via commissionable insurance and brokerage products. The firm also provides back‑office services to other advisers and combines institutional retirement fiduciary services with its retail wealth management offerings, producing a broader operational footprint than typically seen in similarly sized teams.

Client services

Financial planning Portfolio management

Expertise

Wealth management Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Cash flow / budgeting

Fee options

Fixed

Fixed fees for financial planning services ranging from $250 to $4,000, negotiable.

Percentage

$0+: Up to 2.5% annually (negotiable, maximum 2.5%) for SWM II & OMP $250,000+: Up to 2.5% annually (negotiable, maximum 2.5%) for PWP $25,000+: Up to 2.5% annually (negotiable, maximum 2.5%) for MWP $100,000+: Up to 2.5% annually (negotiable, maximum 2.5%) for Manager Select Program; may be tiered with reduced rates at higher asset levels

Commissions

Clients may choose to purchase investment products through LPL Financial on a commission basis; commissions vary.

Project-based

Hourly consulting fees up to $600 per hour, negotiable.

Other

Account minimum: $0 for Strategic Wealth Management (SWM); $10,000 for Optimum Market Portfolio (OMP); $25,000 for Model Wealth Portfolios Program (MWP); $100,000 for Manager Select Program (MS); $250,000 for Personal Wealth Portfolios Program (PWP) Fee-only: Advisory fees based on assets under management, negotiated within maximums; no commissions for advisory services except possible 12b-1 trailing fees.

Main office location

Adk Wealth Advisory Group

12935 North Outer Forty Road, Suite 101

St. Louis MO 63141, United States

Number of offices

4

Most active in

Arizona · Arkansas · California · Florida · Illinois · Indiana · Iowa · Kansas · Michigan · Minnesota · Missouri · Nebraska · New Hampshire · New Mexico · North Carolina · Ohio · Oregon · Pennsylvania · Tennessee · Texas · Vermont · Washington · Wisconsin

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Veronica S

Series 66

St. Louis, MO

Adk Wealth Advisory Group

Veronica Steck is a financial advisor with ADK Wealth Advisory Group, holding a Series 66 designation and 16 years of industry experience. She has worked at Kraft, Davis & Associates, LLC (DBA ADK Wealth Advisory Group) since 2017 and previously at Private Advisor Group, LLC and LPL Financial LLC. Outside of advising, she is the owner of St. Nick's Publishing Co and the author of "Heartfelt Letters from Santa and How Angelina Changed Christmas." ADK Wealth Advisory Group provides fee-based portfolio management, financial planning, and consulting primarily to individual and high-net-worth clients, as well as defined contribution retirement plans. The firm employs both fundamental and technical analysis across various asset classes and offers multiple LPL-sponsored program platforms, acting as both a wrap fee program sponsor and portfolio manager for certain programs.

Wealth management Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Cash flow / budgeting
user avatar

Samuel M

Series 66

St. Louis, MO

Adk Wealth Advisory Group

Samuel Miller is a Series 66-licensed financial advisor with 15 years of industry experience. He has been with Kraft, Davis & Associates, LLC, operating as ADK Wealth Advisory Group, since 2015 and also maintains a longstanding affiliation with LPL Financial. Outside of his advisory roles, he serves as a notary public in Missouri, primarily assisting clients and acquaintances without charging a fee. ADK Wealth Advisory Group provides fee-based portfolio management, financial planning, and consulting services primarily to individual and high-net-worth clients, as well as defined contribution retirement plans. The firm employs a tailored investment approach using both fundamental and technical analysis and offers a range of LPL-sponsored program platforms alongside third-party managers.

Wealth management Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Cash flow / budgeting
user avatar

John S

Series 66

St. Louis, MO

Adk Wealth Advisory Group

John Sinak is a financial advisor with Adk Wealth Advisory Group, holding a Series 66 designation and 21 years of industry experience. He has worked at Kraft, Davis and Associates since 2021 and has been affiliated with LPL Financial since 2012. Adk Wealth Advisory Group provides fee-based portfolio management, financial planning, and consulting services primarily to individual and high-net-worth clients, as well as defined contribution retirement plans. The firm uses a combination of fundamental and technical analysis across various asset classes and offers both discretionary and non-discretionary management through multiple program platforms.

Wealth management Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Cash flow / budgeting
user avatar

Cory K

CFP®, Series 63

St. Louis, MO

Adk Wealth Advisory Group

Cory Kraft is a CFP® with 37 years of industry experience, currently serving at Adk Wealth Advisory Group in St. Louis, MO. He has worked with Kraft, Davis and Associates, LLC since 2015 and has been affiliated with LPL Financial since 1998. Outside of his advisory work, he is a business owner of Brownstone LLC, an entity that owns an airplane. Adk Wealth Advisory Group provides fee-based portfolio management, financial planning, and consulting primarily to individual and high-net-worth clients, as well as defined contribution retirement plans. The firm employs both fundamental and technical analysis across a range of asset classes and offers various LPL-sponsored program platforms, acting as both a wrap fee program sponsor and portfolio manager for certain programs.

Wealth management Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Cash flow / budgeting
user avatar

Donald V

Series 66

Creve Coeur, MO

Adk Wealth Advisory Group

Donald Vaught is a financial advisor with Adk Wealth Advisory Group in Creve Coeur, MO, holding a Series 66 designation and over 20 years of industry experience. He has been with Kraft, Davis and Associates, LLC (doing business as ADK Wealth Advisory Group) since 2015 and has also been associated with LPL Financial LLC since 2007. ADK Wealth Advisory Group provides fee-based portfolio management, financial planning, and consulting services primarily to individual and high-net-worth clients, as well as defined contribution retirement plans. The firm employs both fundamental and technical analysis to tailor portfolios and offers various LPL-sponsored program platforms along with third-party manager selections.

Wealth management Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Cash flow / budgeting
user avatar

Daniel D

Series 63

Franklyn, TN

Adk Wealth Advisory Group

Daniel Davis is a financial advisor at Adk Wealth Advisory Group with 37 years of industry experience. He holds a Series 63 designation and has worked at LPL Financial LLC since 1998, while serving at Kraft, Davis & Associates, LLC (doing business as ADK Wealth Advisory Group) since 2015. ADK Wealth Advisory Group provides fee-based portfolio management, financial planning, and consulting primarily to individual and high-net-worth clients, as well as advising defined contribution retirement plans. The firm customizes portfolios using both fundamental and technical analysis and offers multiple program platforms, including discretionary and non-discretionary asset management.

Wealth management Concentrated stock management Retirement plans for business owners (SEP, solo 401k) Cash flow / budgeting
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