SBK Financial provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
SBK Financial reports 267 clients. They include 197 high-net-worth individuals, 69 individual clients and 1 charitable organization. Of its assets, 100.0% ($1.54B across 1,318 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 26% | 2% |
| High-net-worth individuals | 74% | 97% |
| Charitable organizations | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 69 | $24.6M | 1.6% | $356K |
| High-net-worth individuals | 197 | $1.49B | 96.8% | $7.56M |
| Charitable organizations | Fewer than 5 | $24.9M | 1.6% | $24.9M |
| Total | 267 | $1.54B | 100% | — |
- Clients
- 69
- Regulatory AUM
- $24.6M
- AUM share
- 1.6%
- Avg. per client
- $356K
- Clients
- 197
- Regulatory AUM
- $1.49B
- AUM share
- 96.8%
- Avg. per client
- $7.56M
- Clients
- Fewer than 5
- Regulatory AUM
- $24.9M
- AUM share
- 1.6%
- Avg. per client
- $24.9M
Total
- Clients
- 267
- Regulatory AUM
- $1.54B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
SBK Financial charges 0.25%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and has a $10,000 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$5M | 0.75% |
| $5M–$10M | 0.50% |
| $10M–$20M | 0.35% |
| $20M and above | 0.25% |
Fee details and sources
Other fees
- Tax Preparation Services
- Fixed fee for tax preparation for certain existing clients, generally $0 to $16,000, or about $250 an hour in limited cases.
John King owns 25% to 50% of SBK Financial. Andrea Broughton is CEO; the leadership team includes President John King and Chief Compliance Officer Constantine Pelos. It has 18 employees, 13 of them in advisory roles.
Leadership
- Andrea BroughtonChief Executive Officer / Partner
- John KingPresident
- Constantine PelosChief Compliance Officer
- Jonathan BaileyPartner
- Claire CraighillDirector / Partner
- Stephanie StumpfDirector / Partner
- John WilliamsSenior Tax Advisor / Partner
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
- Jonathan Bailey
- Andrea Lynn Broughton
- Claire Elaine Craighill
- Mitchell James Crowder
- John Kevin King
- Stephanie Felts Stumpf
- John Constantine Williams
Staff
- 18 employees
- 13 in advisory functions
- 8 state-registered reps
- Owns 25% to 50% of SBK Financial, Inc.
John King
Control person · since April 2005
- Owns 25% to 50% of SBK Financial, Inc.
Andrea Broughton
Control person · since April 2005
- Owns 25% to 50% of SBK Financial, Inc.
Stephanie Stumpf
Control person · since March 2014
- Owns 5% to 10% of SBK Financial, Inc.
Claire Craighill
Control person · since March 2014
- Owns 5% to 10% of SBK Financial, Inc.
John Williams
since January 2020
SBK Financial’s regulatory assets grew 1.8× from $864M (March 2021) to $1.54B (March 2026); clients rose from 231 to 267 and employees from 16 to 18.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.54B | 267 | 18 | 1 |
| March 2025 | $1.2B | 253 | 19 | 1 |
| March 2024 | $1.13B | 262 | 18 | 1 |
| July 2023 | $994M | 267 | 18 | 1 |
| March 2022 | $1.02B | 254 | 18 | 1 |
| March 2021 | $864M | 231 | 16 | 1 |
Besides its headquarters, SBK Financial has 0 offices, with 1 listed address in Virginia.
Virginia · 1 listed address
- 1001 Haxall Point, Suite 705, RichmondHQ
Other business names
SBK Financial has reported 1 other business name to the SEC.
- Wealthcrossing
Contact and registration details
- Legal name
- SBK Financial, Inc.
- Headquarters
- 1001 Haxall Point, Suite 705, Richmond, VA 23219
- Website
- wealth-crossing.com
- Phone
- 804-237-1700
- @wealthcrossing
- SEC file
- 801-64185
- Structure
- Virginia corporation
- Fiscal year end
- December
SBK Financial uses Charles Schwab ($1.54B) as custodian for its separately managed accounts. SBK Financial has custody of $804M in client assets for 318 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.54B100%
At year end, SBK Financial’s separately managed accounts were mostly in funds (79%) and stocks (11%).
What the accounts hold
- Stocks11%
- Funds79%
- Bonds5%
- State and local bonds4%
- U.S. government and agency bonds1%
- Cash5%
How many clients does SBK Financial have?
SBK Financial has 267 clients and manages $1.54 billion for them, as of March 2026. They include 197 high-net-worth individuals, 69 individual clients and 1 charitable organization.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does SBK Financial offer?
SBK Financial provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does SBK Financial charge?
SBK Financial charges 0.25%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and has a $10,000 annual minimum.
Which custodians does SBK Financial use?
SBK Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.54B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does SBK Financial have?
SBK Financial has 8 investment adviser representatives registered with state securities authorities, out of 18 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 SBK Financial invest in?
At the end of its last fiscal year, SBK Financial’s separately managed accounts held 79% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities, 5% cash and equivalents, 4% state and local bonds and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns SBK Financial?
SBK Financial’s direct owners are John King, Andrea Broughton, Stephanie Stumpf, Claire Craighill and John Williams, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does SBK Financial get paid?
SBK Financial is paid through a percentage of assets under management and fixed fees. 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
Is SBK Financial registered with the SEC?
Yes, SBK Financial has been registered with the SEC as an investment adviser since 9 May 2005. Its CRD number is 132513 and its SEC file number is 801-64185.
Source: Form ADV Part 1A, Item 1, filed 25 March 2026; IAPD firm record
How do I contact SBK Financial?
SBK Financial’s main office is at 1001 Haxall Point, Suite 705, Richmond, VA 23219. Its phone number is 804-237-1700. Its website is wealth-crossing.com.