Setchfield Associates provides portfolio management for individuals and small businesses.
Setchfield Associates reports 250 clients. They include 200 individual clients and 50 high-net-worth individuals. Of its assets, 94.7% ($183M across 350 accounts) are managed with discretion; $10.3M across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 80% | 78% |
| High-net-worth individuals | 20% | 22% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 200 | $150M | 77.8% | $750K |
| High-net-worth individuals | 50 | $42.8M | 22.2% | $856K |
| Total | 250 | $193M | 100% | $771K |
- Clients
- 200
- Regulatory AUM
- $150M
- AUM share
- 77.8%
- Avg. per client
- $750K
- Clients
- 50
- Regulatory AUM
- $42.8M
- AUM share
- 22.2%
- Avg. per client
- $856K
Total
- Clients
- 250
- Regulatory AUM
- $193M
- AUM share
- 100%
- Avg. per client
- $771K
- 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
- 0
Setchfield Associates charges 0.50%–2.00% a year for its Fee accounts. The fee is billed in arrears and is negotiable.
Fee details and sources
Steven Setchfield owns 50% to 75% of Setchfield Associates. The leadership team of Setchfield Associates includes Chief Compliance Officer Steven Setchfield. It has 2 employees, 1 of them in advisory roles.
Staff
- 2 employees
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 50% to 75% of Setchfield Associates LLC
Steven Setchfield
Control person · since January 1998
- Owns 50% to 75% of Setchfield Associates LLC
Cindi Jacobs
since August 2006
Setchfield Associates’ regulatory assets grew 1.6× from $123M (February 2021) to $193M (February 2026); clients were 250 in both filings and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $193M | 250 | 2 | 2 |
| Feb 2025February 2025 | $171M | 225 | 2 | 2 |
| Mar 2024March 2024 | $140M | 250 | 2 | 1 |
| Mar 2023March 2023 | $127M | 250 | 2 | 1 |
| Feb 2022February 2022 | $157M | 250 | 2 | 1 |
| Feb 2021February 2021 | $123M | 250 | 2 | 1 |
Besides its headquarters, Setchfield Associates has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Florida · 1 listed address
- 392 Aruba Circle, Unit 101, BradentonHQ
Contact and registration details
- Legal name
- Setchfield Associates LLC
- Headquarters
- 392 Aruba Circle, Unit 101, Bradenton, FL 34209
- Website
- Not reported
- Phone
- 303-627-1099
- @setchfieldassetmanagement
- SEC file
- 801-116770
- Structure
- Colorado LLC
- Fiscal year end
- December
Setchfield Associates’ named custodian for separately managed accounts is Charles Schwab ($165M). Setchfield Associates does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $165M100%
At year end, Setchfield Associates’ separately managed accounts were mostly in funds (60%) and stocks (30%).
What the accounts hold
- Stocks30%
- Funds60%
- Bonds5%
- Cash5%
How many clients does Setchfield Associates have?
Setchfield Associates has 250 clients and manages $193 million for them, as of February 2026. They include 200 individual clients and 50 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 February 2026
What services does Setchfield Associates offer?
Setchfield Associates provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Setchfield Associates charge?
Setchfield Associates charges 0.50%–2.00% a year for its Fee accounts. The fee is billed in arrears and is negotiable.
Source: SETCHFIELD ADV 2A STEVEN SETCHFIELD 2B, filed 16 February 2026
Which custodians does Setchfield Associates use?
Setchfield Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $165M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 February 2026
How many financial advisors does Setchfield Associates have?
Setchfield Associates has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 1 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 Setchfield Associates invest in?
At the end of its last fiscal year, Setchfield Associates’ separately managed accounts held 60% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities, 5% state and local bonds and 5% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Setchfield Associates?
Setchfield Associates’ direct owners are Steven Setchfield (50% to 75%) and Cindi Jacobs (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 16 February 2026
How does Setchfield Associates get paid?
Setchfield Associates is paid through a percentage of assets under management. 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 Setchfield Associates?
Setchfield Associates’ main office is at 392 Aruba Circle, Unit 101, Bradenton, FL 34209. Its phone number is 303-627-1099.
