# CS McKee

> CS McKee is an SEC-registered investment advisory firm in Warrendale, PA, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.

- CRD: 306128
- Filed as: CS MCKEE
- Legal name: CSM Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Warrendale, PA
- Filing period: October 2026
- Form ADV filing dated: May 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/306128
- AdvisorCensus page: https://advisorcensus.com/firm/cs-mckee-warrendale-pa-306128

## Quick answers

**How is CS McKee compensated?**
On its Form ADV (Item 5.E, October 2026), CS McKee reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is CS McKee located?**
CS McKee's principal office is in Warrendale, PA, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is CS McKee registered with the SEC or a state?**
CS McKee is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 306128.

**How much does CS McKee manage?**
CS McKee reports $11,652,588,296 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (100% discretionary).

**How have CS McKee's assets and staff changed since 2021?**
In the Form ADV data for CS McKee: Regulatory assets under management: $7,048,123,669 in the October 2021 data and $11,652,588,296 in the October 2026 data, up 65%. Total employees: 35 in October 2021 and 44 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does CS McKee serve?**
By number of clients on Form ADV Item 5.D: state or municipal government entities (including government pension plans) (320); pension and profit sharing plans (but not the plan participants or government pension plans) (131); other (36).

**Which custodians does CS McKee use?**
CS McKee's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Northern Trust Company as a custodian holding 10% or more of its separately managed account assets.

**Does CS McKee 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/306128

**Does CS McKee state an account minimum?**
Its Form ADV Part 2A brochure dated February 9, 2026 says: "The standard account minimum account is $5,000,000, but exceptions will be made based upon a multitude of factors including the size of the relationship"

**What changed in CS McKee's recent Form ADV filings?**
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 9, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> The standard account minimum account is $5,000,000, but exceptions will be made based upon a multitude of factors including the size of the relationship

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- The Northern Trust Company

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: $11,652,588,296
- Discretionary: $11,652,588,296
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $0 |
| High net worth individuals | Fewer than 5 | $0 |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Investment companies | 7 | $1,129,449,930 |
| 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) | 131 | $3,736,051,346 |
| Charitable organizations | 24 | $306,195,092 |
| State or municipal government entities (including government pension plans) | 320 | $4,176,643,210 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | 17 | $1,163,036,655 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | 19 | $927,052,048 |
| Other | 36 | $214,160,015 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2019 (6 years)
- Employees: 44 total, 19 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Chicago, IL
- Cleveland, OH

### Websites listed on Form ADV (Item 1.I)
- csmckee.com
- LinkedIn @csmckee

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $7,048,123,669 | 35 | September 29, 2021 |
| October 2022 | $9,087,302,592 | 37 | March 31, 2022 |
| October 2023 | $7,197,750,667 | 38 | September 20, 2023 |
| October 2024 | $7,529,716,971 | 35 | March 28, 2024 |
| October 2025 | $10,313,509,349 | 49 | May 28, 2025 |
| October 2026 | $11,652,588,296 | 44 | May 21, 2026 |

Regulatory assets under management: $7,048,123,669 in the October 2021 data and $11,652,588,296 in the October 2026 data, up 65%.
Total employees: 35 in October 2021 and 44 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Employees performing advisory functions went from 18 to 19.
- Added an office in Chicago, IL.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Employees performing advisory functions went from 20 to 18.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. CS McKee (CRD 306128): Form ADV filing data as of October 2026.