{
  "crd_number": 122789,
  "slug": "shotwell-rutter-baer-inc-lansing-mi-122789",
  "primary_business_name": "SHOTWELL RUTTER BAER INC",
  "legal_name": "SHOTWELL RUTTER BAER INC",
  "dbas": [],
  "city": "Lansing",
  "state": "MI",
  "country": "United States",
  "cbsa_code": "29620",
  "metro": {
    "cbsa_code": "29620",
    "common_name": "Lansing",
    "msa_name": "Lansing-East Lansing, MI",
    "path": "/advisors/mi/lansing"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-01-04",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-01-29",
  "carried_forward": false,
  "raum_total": 183887687.0,
  "raum_discretionary": 183887687.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 62419665.0,
      "count": 220
    },
    "high_net_worth_individuals": {
      "raum": 121468022.0,
      "count": 62
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "HI",
    "IN",
    "MI",
    "TX"
  ],
  "websites": [
    "https://facebook.com/SRBAdvisors",
    "https://srbadvisors.com",
    "https://youtube.com/channel/UC-x0N_t46OH15PsuCtEpyVw"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/122789",
  "city_as_filed": "LANSING",
  "url": "https://advisorcensus.com/firm/shotwell-rutter-baer-inc-lansing-mi-122789",
  "display_name": "Shotwell Rutter Baer Inc",
  "summary": "Shotwell Rutter Baer Inc is an SEC-registered investment advisory firm in Lansing, MI, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 29, 2026.",
  "citation": "AdvisorCensus. Shotwell Rutter Baer Inc (CRD 122789): 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)"
  ],
  "quick_answers": [
    {
      "q": "How is Shotwell Rutter Baer Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Shotwell Rutter Baer Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "Where is Shotwell Rutter Baer Inc located?",
      "a": "Shotwell Rutter Baer Inc's principal office is in Lansing, MI, according to its Form ADV; the September 2025 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Shotwell Rutter Baer Inc registered with the SEC or a state?",
      "a": "Shotwell Rutter Baer Inc is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 122789."
    },
    {
      "q": "How much does Shotwell Rutter Baer Inc manage?",
      "a": "Shotwell Rutter Baer Inc reports $183,887,687 in regulatory assets under management in its Form ADV filing dated January 29, 2026 (100% discretionary)."
    },
    {
      "q": "How have Shotwell Rutter Baer Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Shotwell Rutter Baer Inc: Regulatory assets under management: $115,529,819 in the October 2021 data and $183,887,687 in the October 2026 data, up 59%. Total employees: 4 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 Shotwell Rutter Baer Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (220); high net worth individuals (62)."
    },
    {
      "q": "Which custodians does Shotwell Rutter Baer Inc use?",
      "a": "Shotwell Rutter Baer 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."
    },
    {
      "q": "Does Shotwell Rutter Baer Inc 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/122789"
    },
    {
      "q": "Does Shotwell Rutter Baer Inc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 29, 2026 says: \"Shotwell Rutter Baer does not have a minimum portfolio size requirement.\""
    },
    {
      "q": "What changed in Shotwell Rutter Baer Inc's recent Form ADV filings?",
      "a": "In the February 2026 filing data: Employees performing advisory functions went from 5 to 6. Regulatory assets under management went from $167,148,208 to $183,887,687 (+10%). No longer lists an office in Cheboygan, MI."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 115529819.0,
      "total_employees": 4,
      "filing_date": "2021-02-16"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 137387530.0,
      "total_employees": 4,
      "filing_date": "2022-02-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 127351542.0,
      "total_employees": 5,
      "filing_date": "2023-04-17"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 144915467.0,
      "total_employees": 6,
      "filing_date": "2024-03-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 167148208.0,
      "total_employees": 7,
      "filing_date": "2025-02-18"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 183887687.0,
      "total_employees": 7,
      "filing_date": "2026-01-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 6.",
        "Regulatory assets under management went from $167,148,208 to $183,887,687 (+10%).",
        "No longer lists an office in Cheboygan, MI."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 29, 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": [
          "Shotwell Rutter Baer does not have a minimum portfolio size requirement."
        ]
      }
    ],
    "quotes": [
      "Shotwell Rutter Baer does not have a minimum portfolio size requirement."
    ],
    "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/shotwell-rutter-baer-inc-lansing-mi-122789.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 220,
      "fewer_than_5": false,
      "raum": 62419665.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 62,
      "fewer_than_5": false,
      "raum": 121468022.0
    }
  ],
  "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/122789",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}