Clark Financial Services Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, market timing, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Clark Financial Services Group reports 431 clients. They include 296 individual clients, 125 high-net-worth individuals, and 6 corporations and other businesses. Of its assets, 88.5% ($441M across 1,288 accounts) are managed with discretion; $57.3M across 608 accounts are not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 69% | 20% |
| High-net-worth individuals | 29% | 78% |
| Charitable organizations | <1% | 1% |
| Corporations and other businesses | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 296 | $101M | 20.2% | $340K |
| High-net-worth individuals | 125 | $388M | 77.8% | $3.1M |
| Charitable organizations | Fewer than 5 | $7.48M | 1.5% | $1.87M |
| Corporations and other businesses | 6 | $2.86M | 0.6% | $477K |
| Total | 431 | $499M | 100% | — |
- Clients
- 296
- Regulatory AUM
- $101M
- AUM share
- 20.2%
- Avg. per client
- $340K
- Clients
- 125
- Regulatory AUM
- $388M
- AUM share
- 77.8%
- Avg. per client
- $3.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $7.48M
- AUM share
- 1.5%
- Avg. per client
- $1.87M
- Clients
- 6
- Regulatory AUM
- $2.86M
- AUM share
- 0.6%
- Avg. per client
- $477K
Total
- Clients
- 431
- Regulatory AUM
- $499M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Clark Financial Services Group charges 0.60%–2.00% a year for its Discretionary Accounts. The whole portfolio is charged at the rate of its band. The fee is billed in advance, is not negotiable and requires an account of at least $500,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 2.00% |
| $500K–$1M | 1.50% |
| $1M–$5M | 1.00% |
| $5M–$7.5M | 0.90% |
| $7.5M–$10M | 0.75% |
| $10M and above | 0.60% |
Fee details and sources
Other fees
- Financial Planning Fees
- Financial planning is billed at $250 to $500 an hour, as a negotiated flat fee, as a fee based on net worth or income, or bundled with advisory fees.
Christopher Schulenburg owns 50% to 75% of Clark Financial Services Group. The leadership team of Clark Financial Services Group includes President Kevin Clark and Chief Compliance Officer Matthew Herron. It has 6 employees, 5 of them in advisory roles.
Leadership
- Kevin ClarkPresident
- Matthew HerronChief Compliance Officer
- Christopher SchulenburgChairman
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 5 in advisory functions
- 5 state-registered reps
- 1 insurance agent
- Owns 50% to 75% of Clark Financial Services Group Inc
Christopher Schulenburg
Control person · since March 2016
- Owns 50% to 75% of Clark Financial Services Group Inc
Kevin Clark
Control person · since January 2017
Clark Financial Services Group’s regulatory assets grew 1.7× from $291M (March 2021) to $499M (July 2026); clients rose from 355 to 431 and employees from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $499M | 431 | 6 | 1 |
| March 2025 | $456M | 414 | 5 | 1 |
| March 2024 | $386M | 393 | 5 | 1 |
| March 2023 | $318M | 384 | 5 | 1 |
| March 2022 | $356M | 391 | 5 | 1 |
| March 2021 | $291M | 355 | 5 | 1 |
Besides its headquarters, Clark Financial Services Group has 0 offices, with 1 listed address in Missouri.
Missouri · 1 listed address
- 14310 Olive BLVD, ChesterfieldHQ
Other business names
Clark Financial Services Group has reported 1 other business name to the SEC.
- Gardius Wealth Advisors
Contact and registration details
- Legal name
- Clark Financial Services Group Inc
- Headquarters
- 14310 Olive BLVD, Chesterfield, MO 63017
- Website
- Not reported
- Phone
- 314-469-5000
- SEC file
- 801-50052
- Founded
- 1992
- Structure
- Missouri corporation
- Fiscal year end
- December
Clark Financial Services Group uses Charles Schwab ($417M) as custodian for its separately managed accounts. Clark Financial Services Group has custody of $14.5M in client assets for 49 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $417M100%
At year end, Clark Financial Services Group’s separately managed accounts were mostly in funds (69%) and stocks (16%).
What the accounts hold
- Stocks16%
- Funds69%
- Bonds1%
- Cash13%
- Other2%
- Annuities2%
How many clients does Clark Financial Services Group have?
Clark Financial Services Group has 431 clients and manages $499 million for them, as of July 2026. They include 296 individual clients, 125 high-net-worth individuals, and 6 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 July 2026
What services does Clark Financial Services Group offer?
Clark Financial Services Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, market timing, education planning, estate planning, insurance, and tax planning.
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 Clark Financial Services Group charge?
Clark Financial Services Group charges 0.60%–2.00% a year for its Discretionary Accounts. The whole portfolio is charged at the rate of its band. The fee is billed in advance, is not negotiable and requires an account of at least $500,000.
Source: ADV PART 2A, filed 31 July 2026
Which custodians does Clark Financial Services Group use?
Clark Financial Services Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $417M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 July 2026
How many financial advisors does Clark Financial Services Group have?
Clark Financial Services Group has 5 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Clark Financial Services Group invest in?
At the end of its last fiscal year, Clark Financial Services Group’s separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 16% exchange-traded equities, 13% cash and equivalents, 2% other and 1% state and local bonds. The 2% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Clark Financial Services Group have a minimum investment?
Yes, Clark Financial Services Group’s minimum account size for its Discretionary Accounts is $500K.
Source: ADV PART 2A, filed 31 July 2026
Who owns Clark Financial Services Group?
Clark Financial Services Group’s direct owners are Christopher Schulenburg (50% to 75%) and Kevin Clark (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 July 2026
How does Clark Financial Services Group get paid?
Clark Financial Services Group is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or 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
How do I contact Clark Financial Services Group?
Clark Financial Services Group’s main office is at 14310 Olive BLVD, Chesterfield, MO 63017. Its phone number is 314-469-5000.