# Bluestem Financial Advisors, LLC

> Bluestem Financial Advisors, LLC is an SEC-registered investment advisory firm in Savoy, IL, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 16, 2026.

- CRD: 158418
- Filed as: BLUESTEM FINANCIAL ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Savoy, IL
- Filing period: October 2026
- Form ADV filing dated: July 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158418
- AdvisorCensus page: https://advisorcensus.com/firm/bluestem-financial-advisors-llc-savoy-il-158418

## Quick answers

**How is Bluestem Financial Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Bluestem Financial Advisors, LLC reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Bluestem Financial Advisors, LLC located?**
Bluestem Financial Advisors, LLC's principal office is in Savoy, IL, according to its Form ADV.

**Is Bluestem Financial Advisors, LLC registered with the SEC or a state?**
Bluestem Financial Advisors, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 158418.

**How much does Bluestem Financial Advisors, LLC manage?**
Bluestem Financial Advisors, LLC reports $358,198,984 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (100% discretionary).

**How have Bluestem Financial Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Bluestem Financial Advisors, LLC: Regulatory assets under management: $221,307,733 in the October 2021 data and $358,198,984 in the October 2026 data, up 62%. Total employees: 8 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bluestem Financial Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (149); individuals (other than high net worth individuals) (36).

**Which custodians does Bluestem Financial Advisors, LLC use?**
Bluestem Financial Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Bluestem Financial Advisors, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/158418

**What changed in Bluestem Financial Advisors, LLC's recent Form ADV filings?**
In the August 2026 filing data: Employees performing advisory functions went from 8 to 7.

## From the Form ADV filing

### Compensation (Item 5.E)
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $358,198,984
- Discretionary: $358,198,984
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 36 | $16,623,625 |
| High net worth individuals | 149 | $341,575,359 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 2019 (7 years)
- Employees: 10 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, IL, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bluestemfa.com
- jacobkuebler.com
- jakekuebler.com
- Facebook @BLUESTEMADVISORS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $221,307,733 | 8 | March 11, 2021 |
| October 2022 | $256,812,704 | 9 | August 11, 2022 |
| October 2023 | $239,090,393 | 9 | February 3, 2023 |
| October 2024 | $279,389,061 | 9 | February 26, 2024 |
| October 2025 | $325,455,251 | 10 | April 25, 2025 |
| October 2026 | $358,198,984 | 10 | July 16, 2026 |

Regulatory assets under management: $221,307,733 in the October 2021 data and $358,198,984 in the October 2026 data, up 62%.
Total employees: 8 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Employees performing advisory functions went from 8 to 7.

### March 2026
- Employees performing advisory functions went from 7 to 8.
- Regulatory assets under management went from $325,455,251 to $358,198,984 (+10%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bluestem Financial Advisors, LLC (CRD 158418): Form ADV filing data as of October 2026.