The Helmstar Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, and insurance. Financial planning was provided to 500 clients last fiscal year.
The Helmstar Group reports 538 clients. They include 296 individual clients, 227 high-net-worth individuals, and 12 pension and profit-sharing plans. Of its assets, 100.0% ($786M across 1,974 accounts) are managed with discretion. It advised 8 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 55% | 13% |
| High-net-worth individuals | 42% | 84% |
| Pension and profit-sharing plans | 2% | 2% |
| Charitable organizations | <1% | 1% |
| State or municipal government entities | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 296 | $99.2M | 12.6% | $335K |
| High-net-worth individuals | 227 | $662M | 84.2% | $2.91M |
| Pension and profit-sharing plans | 12 | $14.9M | 1.9% | $1.24M |
| Charitable organizations | Fewer than 5 | $9.5M | 1.2% | $4.75M |
| State or municipal government entities | Fewer than 5 | $483K | 0.1% | $483K |
| Total | 538 | $786M | 100% | — |
- Clients
- 296
- Regulatory AUM
- $99.2M
- AUM share
- 12.6%
- Avg. per client
- $335K
- Clients
- 227
- Regulatory AUM
- $662M
- AUM share
- 84.2%
- Avg. per client
- $2.91M
- Clients
- 12
- Regulatory AUM
- $14.9M
- AUM share
- 1.9%
- Avg. per client
- $1.24M
- Clients
- Fewer than 5
- Regulatory AUM
- $9.5M
- AUM share
- 1.2%
- Avg. per client
- $4.75M
- Clients
- Fewer than 5
- Regulatory AUM
- $483K
- AUM share
- 0.1%
- Avg. per client
- $483K
Total
- Clients
- 538
- Regulatory AUM
- $786M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 8
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 500
The Helmstar Group charges 0.15%–1.00% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning is a negotiable fixed fee generally from $750 to $15,000, or an hourly fee of $100 to $300 for consulting.
Thomas Steelman owns 50% to 75% of The Helmstar Group. The leadership team of The Helmstar Group includes Chief Compliance Officer Robb Schober. It has 12 employees, 8 of them in advisory roles.
Leadership
- Robb SchoberChief Compliance Officer
- Thomas SteelmanManaging Member
- Benjamin BoettcherManaging Member
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
Staff
- 12 employees
- 8 in advisory functions
- 8 state-registered reps
- 4 insurance agents
- 1 soliciting firm
- Owns 50% to 75% of The Helmstar Group, LLC
Thomas Steelman
Control person · since August 2007
- Owns 50% to 75% of The Helmstar Group, LLC
Benjamin Boettcher
Control person · since August 2007
The Helmstar Group’s regulatory assets grew 3.0× from $259M (April 2021) to $786M (March 2026); clients rose from 407 to 538 and employees from 9 to 12.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $786M | 538 | 12 | 1 |
| March 2025 | $587M | 490 | 15 | 1 |
| July 2024 | $455M | 461 | 13 | 1 |
| June 2023 | $377M | 469 | 13 | 1 |
| March 2022 | $342M | 439 | 8 | 1 |
| April 2021 | $259M | 407 | 9 | 1 |
Besides its headquarters, The Helmstar Group has 0 offices, with 1 listed address in Idaho.
Idaho · 1 listed address
- 250 South 5th Street, Suite 600, BoiseHQ
Contact and registration details
- Legal name
- The Helmstar Group, LLC
- Headquarters
- 250 South 5th Street, Suite 600, Boise, ID 83702
- Website
- helmstargroup.com
- Phone
- 208-429-0800
- @the-helmstar-group
- SEC file
- 801-108320
- Founded
- 2007
- Structure
- Idaho LLC
- Fiscal year end
- December
The Helmstar Group uses SEI Investments Distribution ($752M) as custodian for its separately managed accounts. The Helmstar Group does not have custody of client assets.
- SEI Investments DistributionSEI Investments Distribution Co. · Oaks, PA · $752M100%
At year end, The Helmstar Group’s separately managed accounts were mostly in funds (79%).
What the accounts hold
- Stocks9%
- Exchange-traded equities8%
- Non-exchange-traded equities1%
- Funds79%
- Bonds4%
- Investment grade corporate bonds2%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash9%
How many clients does The Helmstar Group have?
The Helmstar Group has 538 clients and manages $786 million for them, as of March 2026. They include 296 individual clients, 227 high-net-worth individuals, and 12 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does The Helmstar Group offer?
The Helmstar Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, and insurance.
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 The Helmstar Group charge?
The Helmstar Group charges 0.15%–1.00% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable.
Source: THE HELMSTAR GROUP, LLC ADV 2A + 2B BROCHURE, filed 27 March 2026
Which custodians does The Helmstar Group use?
The Helmstar Group’s separately managed account assets are held at SEI Investments Distribution Co. (Oaks, PA), with $752M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does The Helmstar Group have?
The Helmstar Group has 8 investment adviser representatives registered with state securities authorities, out of 12 employees, and 8 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 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 The Helmstar Group invest in?
At the end of its last fiscal year, The Helmstar Group’s separately managed accounts held 79% registered funds (mutual funds, ETFs, BDCs), 9% cash and equivalents, 8% exchange-traded equities, 2% investment grade corporate bonds, 1% non-exchange-traded equities, 1% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns The Helmstar Group?
The Helmstar Group’s direct owners are Thomas Steelman (50% to 75%) and Benjamin Boettcher (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does The Helmstar Group get paid?
The Helmstar Group is paid through a percentage of assets under management, hourly charges 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 The Helmstar Group registered with the SEC?
Yes, The Helmstar Group has been registered with the SEC as an investment adviser since 7 September 2016. Its CRD number is 145074 and its SEC file number is 801-108320.
Source: Form ADV Part 1A, Item 1, filed 27 March 2026; IAPD firm record
How do I contact The Helmstar Group?
The Helmstar Group’s main office is at 250 South 5th Street, Suite 600, Boise, ID 83702. Its phone number is 208-429-0800. Its website is helmstargroup.com.