# Lifesteps Financial

> Lifesteps Financial is an SEC-registered investment advisory firm in Claremont, CA, registered since 2010, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 11, 2026.

- CRD: 153852
- Filed as: LIFESTEPS FINANCIAL
- Legal name: Lifesteps Financial, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Claremont, CA
- Filing period: October 2026
- Form ADV filing dated: September 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/153852
- AdvisorCensus page: https://advisorcensus.com/firm/lifesteps-financial-claremont-ca-153852

## Quick answers

**How is Lifesteps Financial compensated?**
On its Form ADV (Item 5.E, October 2026), Lifesteps Financial reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Lifesteps Financial located?**
Lifesteps Financial's principal office is in Claremont, CA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Lifesteps Financial registered with the SEC or a state?**
Lifesteps Financial is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153852.

**How much does Lifesteps Financial manage?**
Lifesteps Financial reports $442,723,496 in regulatory assets under management in its Form ADV filing dated September 11, 2026 (77% discretionary).

**How have Lifesteps Financial's assets and staff changed since 2021?**
In the Form ADV data for Lifesteps Financial: Regulatory assets under management: $239,701,755 in the October 2021 data and $442,723,496 in the October 2026 data, up 85%. Total employees: 7 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Lifesteps Financial serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (572); high net worth individuals (97); corporations or other businesses not listed above (11).

**Which custodians does Lifesteps Financial use?**
Lifesteps Financial'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 Lifesteps Financial 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/153852

**Does Lifesteps Financial state an account minimum?**
Its Form ADV Part 2A brochure dated June 17, 2026 says: "LifeSteps generally requires clients to maintain a minimum portfolio size of $500,000." "LifeSteps may also reduce or waive account minimums on a case-by-case basis."

**What changed in Lifesteps Financial's recent Form ADV filings?**
In the October 2026 filing data: Registered or notice-filed in AZ.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated June 17, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> LifeSteps generally requires clients to maintain a minimum portfolio size of $500,000.

> LifeSteps may also reduce or waive account minimums on a case-by-case basis.

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

### 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: $442,723,496
- Discretionary: $341,006,958
- Non-discretionary: $101,716,538

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 572 | $154,196,923 |
| High net worth individuals | 97 | $272,965,749 |
| Corporations or other businesses not listed above | 11 | $15,560,824 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2010 (16 years)
- Employees: 9 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AZ, CA, KS, MO, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Franklin, TN

### Websites listed on Form ADV (Item 1.I)
- lifestepsfinancial.com
- Facebook @LIFESTEPSFA
- LinkedIn @LIFESTEPSFINANCIAL
- X @lifestepsfa
- YouTube @UCTL3B50SYBWG0UATSQWTJDA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $239,701,755 | 7 | July 16, 2021 |
| October 2022 | $298,197,991 | 6 | March 4, 2022 |
| October 2023 | $262,829,465 | 6 | March 24, 2023 |
| October 2024 | $315,394,125 | 6 | March 22, 2024 |
| October 2025 | $374,568,217 | 8 | February 28, 2025 |
| October 2026 | $442,723,496 | 9 | September 11, 2026 |

Regulatory assets under management: $239,701,755 in the October 2021 data and $442,723,496 in the October 2026 data, up 85%.
Total employees: 7 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Registered or notice-filed in AZ.

### July 2026
- Registered or notice-filed in KS.

### June 2026
- Registered or notice-filed in AL.

### March 2026
- Regulatory assets under management went from $374,568,217 to $442,723,496 (+18%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lifesteps Financial (CRD 153852): Form ADV filing data as of October 2026.