# Clark & Stuart Inc

> Clark & Stuart Inc is an SEC-registered investment advisory firm in Portland, ME, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 16, 2026.

- CRD: 107991
- Filed as: CLARK & STUART INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Portland, ME
- Filing period: October 2026
- Form ADV filing dated: March 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107991
- AdvisorCensus page: https://advisorcensus.com/firm/clark-and-stuart-inc-portland-me-107991

## Quick answers

**How is Clark & Stuart Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Clark & Stuart Inc reports these compensation arrangements: a percentage of assets under its management.

**Where is Clark & Stuart Inc located?**
Clark & Stuart Inc's principal office is in Portland, ME, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Clark & Stuart Inc registered with the SEC or a state?**
Clark & Stuart Inc is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 107991.

**How much does Clark & Stuart Inc manage?**
Clark & Stuart Inc reports $195,585,257 in regulatory assets under management in its Form ADV filing dated March 16, 2026 (100% discretionary).

**How have Clark & Stuart Inc's assets and staff changed since 2021?**
In the Form ADV data for Clark & Stuart Inc: Regulatory assets under management: $139,000,000 in the October 2021 data and $195,585,257 in the October 2026 data, up 41%. Total employees: 2 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Clark & Stuart Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (178); charitable organizations (2).

**Which custodians does Clark & Stuart Inc use?**
Clark & Stuart Inc'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 Clark & Stuart Inc 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/107991

**What changed in Clark & Stuart Inc's recent Form ADV filings?**
In the April 2026 filing data: Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.H(1)(c)). Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $167,821,888 to $195,585,257 (+17%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### 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: $195,585,257
- Discretionary: $195,585,257
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 178 | $189,723,860 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 2 | $5,861,397 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2018 (8 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, FL, MA, ME, NH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- South Hamilton, MA

### Websites listed on Form ADV (Item 1.I)
- clarkandstuart.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $139,000,000 | 2 | August 2, 2021 |
| October 2022 | $158,696,475 | 2 | March 28, 2022 |
| October 2023 | $170,096,719 | 2 | March 27, 2023 |
| October 2024 | $169,830,150 | 2 | April 4, 2024 |
| October 2025 | $167,821,888 | 3 | March 27, 2025 |
| October 2026 | $195,585,257 | 4 | March 16, 2026 |

Regulatory assets under management: $139,000,000 in the October 2021 data and $195,585,257 in the October 2026 data, up 41%.
Total employees: 2 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.H(1)(c)).
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $167,821,888 to $195,585,257 (+17%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Clark & Stuart Inc (CRD 107991): Form ADV filing data as of October 2026.