Stephen Smith Financial provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
Stephen Smith Financial reports 160 individuals. Of its assets, 100.0% ($129M across 458 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 160 | $129M | 100.0% | $806K |
| Total | 160 | $129M | 100% | $806K |
- Clients
- 160
- Regulatory AUM
- $129M
- AUM share
- 100.0%
- Avg. per client
- $806K
Total
- Clients
- 160
- Regulatory AUM
- $129M
- AUM share
- 100%
- Avg. per client
- $806K
- 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
Stephen Smith Financial charges up to 1.50% a year for its Asset Management. The fee is billed in arrears, is negotiable and requires an account of at least $500,000.
Fee details and sources
Stephen Smith owns 75% or more of Stephen Smith Financial. The leadership team of Stephen Smith Financial includes President Stephen Smith. It has 4 employees, 2 of them in advisory roles.
Leadership
Stephen SmithPresident / CCO
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 2 in advisory functions
- 2 state-registered reps
- 3 insurance agents
- Owns 75% or more of Stephen Smith Financial Inc.
Stephen Smith
Control person · since October 2025
Besides its headquarters, Stephen Smith Financial has 0 offices, with 1 listed address in Illinois.
Illinois · 1 listed address
- 1701 East Woodfield Road, Suite 810, SchaumburgHQ
Contact and registration details
- Legal name
- Stephen Smith Financial Inc.
- Headquarters
- 1701 East Woodfield Road, Suite 810, Schaumburg, IL 60173
- Website
- stephensmithfinancial.com
- Phone
- 847-881-8996
- SEC file
- 801-134877
- Structure
- Illinois corporation
- Fiscal year end
- December
Stephen Smith Financial uses Charles Schwab ($129M) as custodian for its separately managed accounts. Stephen Smith Financial does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $129M100%
At year end, Stephen Smith Financial’s separately managed accounts were mostly in stocks (78%) and funds (16%).
What the accounts hold
- Stocks78%
- Non-exchange-traded equities44%
- Exchange-traded equities34%
- Funds16%
- Bonds1%
- Cash5%
How many clients does Stephen Smith Financial have?
Stephen Smith Financial has 160 clients and manages $129 million for them, as of July 2026. They include 160 individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 8 July 2026
What services does Stephen Smith Financial offer?
Stephen Smith Financial provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Stephen Smith Financial charge?
Stephen Smith Financial charges up to 1.50% a year for its Asset Management. The fee is billed in arrears, is negotiable and requires an account of at least $500,000.
Source: SSF ADV 2A, filed 8 July 2026
Which custodians does Stephen Smith Financial use?
Stephen Smith Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $129M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 July 2026
How many financial advisors does Stephen Smith Financial have?
Stephen Smith Financial has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 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 Stephen Smith Financial invest in?
At the end of its last fiscal year, Stephen Smith Financial’s separately managed accounts held 44% non-exchange-traded equities, 34% exchange-traded equities, 16% registered funds (mutual funds, ETFs, BDCs), 5% cash and equivalents 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
Does Stephen Smith Financial have a minimum investment?
Yes, Stephen Smith Financial’s minimum account size for its Asset Management is $500K.
Source: SSF ADV 2A, filed 8 July 2026
Who owns Stephen Smith Financial?
Stephen Smith Financial’s direct owner is Stephen Smith (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 8 July 2026
How does Stephen Smith Financial get paid?
Stephen Smith Financial 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 Stephen Smith Financial?
Stephen Smith Financial’s main office is at 1701 East Woodfield Road, Suite 810, Schaumburg, IL 60173. Its phone number is 847-881-8996. Its website is stephensmithfinancial.com.