{
  "crd_number": 133697,
  "slug": "schaeffer-financial-llc-rockville-md-133697",
  "primary_business_name": "SCHAEFFER FINANCIAL LLC",
  "legal_name": "SCHAEFFER FINANCIAL LLC",
  "dbas": [],
  "city": "Rockville",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2005-01-03",
  "years_registered": 21,
  "period": "2026-10-01",
  "filing_date": "2026-07-14",
  "carried_forward": false,
  "raum_total": 257695379.0,
  "raum_discretionary": 257695379.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 73009282.0,
      "count": 171
    },
    "high_net_worth_individuals": {
      "raum": 184686097.0,
      "count": 76
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "DC",
    "FL",
    "MD",
    "MI",
    "NC",
    "NY",
    "PA",
    "TX",
    "VA"
  ],
  "websites": [
    "https://schaefferfinancial.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/133697",
  "city_as_filed": "ROCKVILLE",
  "url": "https://advisorcensus.com/firm/schaeffer-financial-llc-rockville-md-133697",
  "display_name": "Schaeffer Financial LLC",
  "summary": "Schaeffer Financial LLC is an SEC-registered investment advisory firm in Rockville, MD, registered since 2005, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 14, 2026.",
  "citation": "AdvisorCensus. Schaeffer Financial LLC (CRD 133697): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Schaeffer Financial LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Schaeffer Financial LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "Where is Schaeffer Financial LLC located?",
      "a": "Schaeffer Financial LLC's principal office is in Rockville, MD, according to its Form ADV."
    },
    {
      "q": "Is Schaeffer Financial LLC registered with the SEC or a state?",
      "a": "Schaeffer Financial LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 133697."
    },
    {
      "q": "How much does Schaeffer Financial LLC manage?",
      "a": "Schaeffer Financial LLC reports $257,695,379 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Schaeffer Financial LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Schaeffer Financial LLC: Regulatory assets under management: $182,024,251 in the October 2021 data and $257,695,379 in the October 2026 data, up 42%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Schaeffer Financial LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (171); high net worth individuals (76)."
    },
    {
      "q": "Which custodians does Schaeffer Financial LLC use?",
      "a": "Schaeffer Financial 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."
    },
    {
      "q": "Does Schaeffer Financial LLC report any disciplinary disclosures?",
      "a": "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/133697"
    },
    {
      "q": "Does Schaeffer Financial LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 2, 2026 says: \"We do not require your portfolio to be at a minimum asset level to open a management account, or to remain above a certain level to avoid a minimum fee charge.\""
    },
    {
      "q": "What changed in Schaeffer Financial LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 5 to 4. Regulatory assets under management went from $223,248,023 to $257,695,379 (+15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 182024251.0,
      "total_employees": 6,
      "filing_date": "2021-02-18"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 213248490.0,
      "total_employees": 5,
      "filing_date": "2022-03-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 178357368.0,
      "total_employees": 6,
      "filing_date": "2023-03-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 199443466.0,
      "total_employees": 7,
      "filing_date": "2024-03-05"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 223248023.0,
      "total_employees": 7,
      "filing_date": "2025-06-02"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 257695379.0,
      "total_employees": 7,
      "filing_date": "2026-07-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 4.",
        "Regulatory assets under management went from $223,248,023 to $257,695,379 (+15%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 2, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We do not require your portfolio to be at a minimum asset level to open a management account, or to remain above a certain level to avoid a minimum fee charge."
        ]
      }
    ],
    "quotes": [
      "We do not require your portfolio to be at a minimum asset level to open a management account, or to remain above a certain level to avoid a minimum fee charge."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/schaeffer-financial-llc-rockville-md-133697.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 171,
      "fewer_than_5": false,
      "raum": 73009282.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 76,
      "fewer_than_5": false,
      "raum": 184686097.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/133697",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}