Adk Wealth Advisory Group

**Background:** Kraft, Davis & Associates, LLC, also known as ADK Wealth Advisory Group, is an investment advisor firm registered with the SEC. Founded by Mr. Cory Kraft and Mr. Daniel Davis, the firm primarily offers fee-based investment advisory services to individuals and high-net-worth individuals. The firm is compensated based on a percentage of assets under management and offers both discretionary and non-discretionary services. **Expertise:** ADK provides tailored investment strategies and recommendations to meet individual client needs. The firm's investment advisors are also Registered Representatives of LPL Financial, a broker-dealer, ensuring a comprehensive approach to investment management. **Consumer-Facing Terms:** - **Minimum Account Size:** No minimum account value required for the program. - **Fee Structure:** Account fees based on a percentage of assets under management, with a maximum of 2.5% for various advisory programs. - **Fiduciary Status:** ADK is a registered investment advisor and acts as a fiduciary, obligated to act in the best interests of clients. - **Investment Discretion:** Clients can engage ADK on a discretionary basis, granting full authority over investment decisions. - **Investment Philosophy:** ADK employs a mix of fundamental and technical analysis to tailor investment advice based on client objectives and risk tolerance. **Investment Strategies:** ADK offers various programs such as the SWMII, OMP, PWP, MWP, and MS, each designed to meet specific client needs. The firm's asset management services include ongoing investment advice, portfolio rebalancing, and a focus on long-term performance and consistency. **Risk Factors:** Clients are informed about the risks associated with investments, including market fluctuations, domestic and international equity risks, fixed income risks, liquidity risks, and risks related to specific investment products like ETPs, REITs, and variable annuities. **Financial Planning Services:** ADK provides financial planning services tailored to individual client needs, covering areas such as tax planning, retirement planning, estate needs, and more. Fees for these services are negotiable and detailed in the Client Consulting Agreement. **Code of Ethics and Compliance:** ADK maintains a Code of Ethics to ensure ethical business practices, including guidelines for personal securities transactions and compliance with fiduciary duties. The firm emphasizes transparency, integrity, and client-centric service. **Custody and Discretion:** LPL Financial serves as the custodian of client assets, and clients can grant ADK discretionary authority over their accounts. Clients receive regular account statements and transaction confirmations for transparency. This summary provides an overview of ADK Wealth Advisory Group's background, expertise, consumer-facing terms, investment strategies, risk factors, financial planning services, compliance practices, and custody arrangements.