# Schaeffer Financial LLC

> 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.

- CRD: 133697
- Filed as: SCHAEFFER FINANCIAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rockville, MD
- Filing period: October 2026
- Form ADV filing dated: July 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/133697
- AdvisorCensus page: https://advisorcensus.com/firm/schaeffer-financial-llc-rockville-md-133697

## Quick answers

**How is Schaeffer Financial LLC compensated?**
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.

**Where is Schaeffer Financial LLC located?**
Schaeffer Financial LLC's principal office is in Rockville, MD, according to its Form ADV.

**Is Schaeffer Financial LLC registered with the SEC or a state?**
Schaeffer Financial LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 133697.

**How much does Schaeffer Financial LLC manage?**
Schaeffer Financial LLC reports $257,695,379 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (100% discretionary).

**How have Schaeffer Financial LLC's assets and staff changed since 2021?**
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.

**What types of clients does Schaeffer Financial LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (171); high net worth individuals (76).

**Which custodians does Schaeffer Financial LLC use?**
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.

**Does Schaeffer Financial 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/133697

**Does Schaeffer Financial LLC state an account minimum?**
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."

**What changed in Schaeffer Financial LLC's recent Form ADV filings?**
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%).

## From the Form ADV filing

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

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

- Account minimum: None

> 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.

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: $257,695,379
- Discretionary: $257,695,379
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 171 | $73,009,282 |
| High net worth individuals | 76 | $184,686,097 |

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

### Firm details
- Registered since: 2005 (21 years)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DC, FL, MD, MI, NC, NY, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $182,024,251 | 6 | February 18, 2021 |
| October 2022 | $213,248,490 | 5 | March 1, 2022 |
| October 2023 | $178,357,368 | 6 | March 15, 2023 |
| October 2024 | $199,443,466 | 7 | March 5, 2024 |
| October 2025 | $223,248,023 | 7 | June 2, 2025 |
| October 2026 | $257,695,379 | 7 | July 14, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 4.
- Regulatory assets under management went from $223,248,023 to $257,695,379 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Schaeffer Financial LLC (CRD 133697): Form ADV filing data as of October 2026.