{"url":"https://nivawealth.com/firms/clark-financial-services-group-110650","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110650","regulatoryAum":498675139,"crd":"110650","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8285940","suffix":null,"lastName":"Clark","firstName":"John","middleName":"Conrad"},{"crd":"3259281","suffix":null,"lastName":"CLARK","firstName":"KEVIN","middleName":"ALLEN"},{"crd":"2489824","suffix":null,"lastName":"HERRON","firstName":"MATTHEW","middleName":"HAMILTON"},{"crd":"6484159","suffix":null,"lastName":"Roberds","firstName":"Amanda","middleName":"Lee"},{"crd":"2358528","suffix":null,"lastName":"SCHULENBURG","firstName":"CHRISTOPHER","middleName":"WILLIAM"}],"total":5,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-30","regulatoryAum":291295929,"clients":355,"employees":5,"offices":1},{"filedOn":"2022-03-31","regulatoryAum":355846241,"clients":391,"employees":5,"offices":1},{"filedOn":"2023-03-29","regulatoryAum":317738269,"clients":384,"employees":5,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":386456759,"clients":393,"employees":5,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":456056104,"clients":414,"employees":5,"offices":1},{"filedOn":"2026-07-31","regulatoryAum":498675139,"clients":431,"employees":6,"offices":1}],"secFileNumber":"801-50052","legalName":"Clark Financial Services Group Inc","displayName":"Clark Financial Services Group","slug":"clark-financial-services-group-110650","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"1992","organization":"Missouri corporation","fiscalYearEnd":"December","headquarters":{"street":"14310 Olive BLVD","city":"Chesterfield","state":"MO","stateName":"Missouri","country":"United States","postalCode":"63017"},"tradeNames":["Gardius Wealth Advisors"],"registration":{"secApproved":"18 September 1995","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1159947.1472684084,"staff":{"employees":6,"advisory":5,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":498675139,"discretionary":441354786,"discretionaryAccounts":1288,"nonDiscretionary":57320353,"nonDiscretionaryAccounts":608,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":296,"regulatoryAum":100563048},{"label":"High-net-worth individuals","clients":125,"regulatoryAum":387774701},{"label":"Charitable organizations","clients":4,"fewerThan5":true,"regulatoryAum":7478039},{"label":"Corporations and other businesses","clients":6,"regulatoryAum":2859351}],"feePrograms":[{"role":"main","program":"Discretionary Accounts","feeBasis":"whole_balance","fee_tiers":[{"to":500000,"pct":2,"from":0},{"to":1000000,"pct":1.5,"from":500000},{"to":5000000,"pct":1,"from":1000000},{"to":7500000,"pct":0.9,"from":5000000},{"to":10000000,"pct":0.75,"from":7500000},{"to":null,"pct":0.6,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053603","versionId":1053603,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-07-31","documentName":"ADV PART 2A","fee_rate_low":0.6,"fee_rate_high":2,"fee_negotiable":false,"minimum_account":500000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning Fees","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053603","versionId":1053603,"submittedOn":"2026-07-31","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T08:25:53.251376+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053603","versionId":1053603,"submittedOn":"2026-07-31"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":416527922}],"custodyNote":"Clark Financial Services Group has custody of $14.5M in client assets for 49 clients.","otherCustodians":[],"leadership":[{"name":"Kevin Clark","title":"President","crd":"3259281"},{"name":"Matthew Herron","title":"Chief Compliance Officer","crd":"2489824"},{"name":"Christopher Schulenburg","title":"Chairman","crd":"2358528"}],"ownership":[{"label":"Christopher Schulenburg","detail":"Chairman in the 50% to 75% ownership band and a control person, since March 2016."},{"label":"Kevin Clark","detail":"President in the 50% to 75% ownership band and a control person, since January 2017."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Missouri","offices":1,"addresses":[{"street":"14310 Olive BLVD","city":"Chesterfield","headquarters":true}]}],"brochureServices":["education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"314-469-5000","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Market timing services"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":16},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":69},{"label":"Cash and cash equivalents","percent":13},{"label":"Other","percent":2,"detail":"Annuities"}],"privateFunds":0},"sources":{"adv1FilingDate":"31 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/110650/PDF/110650.pdf","brochureDate":"31 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053603","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Clark Financial Services Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Clark Financial Services Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Clark Financial Services Group charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Clark Financial Services Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Clark Financial Services Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Clark Financial Services Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Clark Financial Services Group have a minimum investment?","answer":"Yes, Clark Financial Services Group’s minimum account size for its Discretionary Accounts is $500K.","source":"ADV PART 2A, filed 31 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Clark Financial Services Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Clark Financial Services Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Clark Financial Services Group?","answer":"Clark Financial Services Group’s main office is at 14310 Olive BLVD, Chesterfield, MO 63017. Its phone number is 314-469-5000.","source":"Form ADV Part 1A, Item 1.F, filed 31 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}