Baron Silver Stevens Financial Advisors provides financial planning, portfolio management for individuals and small businesses, educational seminars, education planning, estate planning, insurance, and retirement plan services. Financial planning was provided to 1–10 clients last fiscal year.
Baron Silver Stevens Financial Advisors reports 610 clients. They include 438 high-net-worth individuals, 160 individual clients, and 8 pension and profit-sharing plans. Of its assets, 93.2% ($1.12B across 1,670 accounts) are managed with discretion; $80.9M across 108 accounts are not. A wrap fee program the firm both sponsors and manages holds $1.16B. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 26% | 8% |
| High-net-worth individuals | 72% | 89% |
| Pension and profit-sharing plans | 1% | <1% |
| Charitable organizations | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 160 | $96.2M | 8.0% | $601K |
| High-net-worth individuals | 438 | $1.07B | 89.5% | $2.44M |
| Pension and profit-sharing plans | 8 | $11.9M | 1.0% | $1.49M |
| Charitable organizations | Fewer than 5 | $18.1M | 1.5% | $4.52M |
| Total | 610 | $1.2B | 100% | — |
- Clients
- 160
- Regulatory AUM
- $96.2M
- AUM share
- 8.0%
- Avg. per client
- $601K
- Clients
- 438
- Regulatory AUM
- $1.07B
- AUM share
- 89.5%
- Avg. per client
- $2.44M
- Clients
- 8
- Regulatory AUM
- $11.9M
- AUM share
- 1.0%
- Avg. per client
- $1.49M
- Clients
- Fewer than 5
- Regulatory AUM
- $18.1M
- AUM share
- 1.5%
- Avg. per client
- $4.52M
Total
- Clients
- 610
- Regulatory AUM
- $1.2B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Baron Silver Stevens Financial Advisors charges 0.50%–1.00% for its Advisor Managed Portfolios. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Fixed fee of $2,500 to $10,000 for the financial plan; prepayment is capped at $1,200 and no more than six months in advance.
- General consulting
- Billed hourly at $250 to $1,000 depending on the associated person giving the opinion, payable at the end of each session.
- Ongoing planning retainer
- Ongoing plan maintenance is usually 50% of the initial plan cost, due annually in advance.
Michael Silver owns 75% or more of Baron Silver Stevens Financial Advisors. The leadership team of Baron Silver Stevens Financial Advisors includes Chief Compliance Officer Carrie Prusa. It has 12 employees, 8 of them in advisory roles.
Leadership
- Carrie PrusaChief Compliance Officer
- Michael SilverManaging Member
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
- Michael Curt Edelman
- Ian Keller
- Filipp V Kourenkov
- Joel Ira Levy
- Kristopher David Moody
- Joseph Frank Noto
- Carrie Prusa
- Michael Jason Silver
Staff
- 12 employees
- 8 in advisory functions
- 8 state-registered reps
- 5 broker-dealer reps
- 5 insurance agents
- Owns 75% or more of Baron Silver Stevens Financial Advisors, LLC
Michael Silver
Control person · since September 2000
Baron Silver Stevens Financial Advisors’ regulatory assets grew 1.8× from $671M (March 2021) to $1.2B (March 2026); clients rose from 539 to 610 and employees from 9 to 12.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.2B | 610 | 12 | 1 |
| March 2025 | $1.01B | 573 | 11 | 1 |
| May 2024 | $866M | 552 | 11 | 1 |
| February 2023 | $733M | 550 | 10 | 1 |
| May 2022 | $716M | 543 | 9 | 1 |
| March 2021 | $671M | 539 | 9 | 1 |
Besides its headquarters, Baron Silver Stevens Financial Advisors has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 4800 N. Federal Highway, Suite 210-A, Boca RatonHQ
Contact and registration details
- Legal name
- Baron Silver Stevens Financial Advisors, LLC
- Headquarters
- 4800 N. Federal Highway, Suite 210-A, Boca Raton, FL 33431
- Website
- bssfa.com
- Phone
- 561-447-1997
- SEC file
- 801-69482
- Founded
- 2000
- Structure
- Florida LLC
- Fiscal year end
- December
Baron Silver Stevens Financial Advisors uses Pershing ($1.2B) as custodian for its separately managed accounts. Baron Silver Stevens Financial Advisors has custody of $59.5M in client assets for 59 clients.
- PershingPershing LLC · Jersey City, NJ · $1.2B100%
At year end, Baron Silver Stevens Financial Advisors’ separately managed accounts were mostly in funds (95%). Its reported 13F holdings for the quarter ended 30 June 2026 total $791M across 140 positions; the largest are iShares TR (8.3%), iShares TR (7.7%) and Vanguard Index Fds (7.3%).
What the accounts hold
- Stocks1%
- Funds95%
- Bonds1%
- Cash3%
Reported 13F holdings
- $791M
- Reported 13F value
- 140
- Positions
- 55.6%
- In the 10 largest
- +14.7%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF8.3%
- iShares TR · Rus 1000 Grw ETF7.7%
- Vanguard Index Fds · Value ETF7.3%
- Vanguard Index Fds · Total Stk Mkt6.8%
- iShares TR · Core US Aggbd ET5.7%
- Vanguard Specialized Funds · Div App ETF5.5%
- Vanguard BD Index Fds · Total Bnd Mrkt3.9%
- iShares TR · Core S&P Mcp ETF3.7%
- Vanguard Star Fds · VG TL Intl Stk F3.4%
- Vanguard Index Fds · Growth ETF3.3%
Together, the ten largest are 55.6% of reported value.
How many clients does Baron Silver Stevens Financial Advisors have?
Baron Silver Stevens Financial Advisors has 610 clients and manages $1.2 billion for them, as of March 2026. They include 438 high-net-worth individuals, 160 individual clients, and 8 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 March 2026
What services does Baron Silver Stevens Financial Advisors offer?
Baron Silver Stevens Financial Advisors provides financial planning, portfolio management for individuals and small businesses, educational seminars, education planning, estate planning, insurance, and retirement plan services.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Baron Silver Stevens Financial Advisors charge?
Baron Silver Stevens Financial Advisors charges 0.50%–1.00% for its Advisor Managed Portfolios. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.
Source: BARON SILVER STEVENS FINANCIAL ADVISORS, LLC ADV BROCHURE, filed 9 March 2026
Which custodians does Baron Silver Stevens Financial Advisors use?
Baron Silver Stevens Financial Advisors’ separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $1.2B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 March 2026
How many financial advisors does Baron Silver Stevens Financial Advisors have?
Baron Silver Stevens Financial Advisors has 8 investment adviser representatives registered with state securities authorities, out of 12 employees, and 8 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 5 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Baron Silver Stevens Financial Advisors invest in?
At the end of its last fiscal year, Baron Silver Stevens Financial Advisors’ separately managed accounts held 95% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents, 1% exchange-traded equities and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Baron Silver Stevens Financial Advisors?
Baron Silver Stevens Financial Advisors’ direct owner is Michael Silver (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 9 March 2026
How does Baron Silver Stevens Financial Advisors get paid?
Baron Silver Stevens Financial Advisors is paid through a percentage of assets under management, hourly charges, fixed fees, commissions and other compensation. Its Form ADV lists no 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
Is Baron Silver Stevens Financial Advisors registered with the SEC?
Yes, Baron Silver Stevens Financial Advisors has been registered with the SEC as an investment adviser since 5 August 2008. Its CRD number is 126767 and its SEC file number is 801-69482.
Source: Form ADV Part 1A, Item 1, filed 9 March 2026; IAPD firm record
How do I contact Baron Silver Stevens Financial Advisors?
Baron Silver Stevens Financial Advisors’ main office is at 4800 N. Federal Highway, Suite 210-A, Boca Raton, FL 33431. Its phone number is 561-447-1997. Its website is bssfa.com.