# SM Scherr Financial LLC

> SM Scherr Financial LLC is a state-registered investment advisory firm, registered since 1996, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 11, 2026.

- CRD: 116348
- Filed as: SM  SCHERR FINANCIAL LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Texas
- Filing period: October 2026
- Form ADV filing dated: June 11, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/116348
- AdvisorCensus page: https://advisorcensus.com/firm/sm-scherr-financial-llc-116348

## Quick answers

**How is SM Scherr Financial LLC compensated?**
On its Form ADV (Item 5.E, October 2026), SM Scherr Financial LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is SM Scherr Financial LLC registered with the SEC or a state?**
SM Scherr Financial LLC is a state-registered investment advisory firm, registered since 1996. Status as filed: APPROVED. CRD 116348.

**How much does SM Scherr Financial LLC manage?**
SM Scherr Financial LLC reports $108,653,101 in regulatory assets under management in its Form ADV filing dated June 11, 2026 (0% discretionary).

**What types of clients does SM Scherr Financial LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (41); individuals (other than high net worth individuals) (14).

**Does SM Scherr 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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/116348

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $108,653,101
- Discretionary: $0
- Non-discretionary: $108,653,101

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 14 | $3,695,099 |
| High net worth individuals | 41 | $102,534,478 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $151,768 |
| Charitable organizations | Fewer than 5 | $599,284 |
| Corporations or other businesses not listed above | Fewer than 5 | $1,672,472 |

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

### Firm details
- Registered since: 1996 (30 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. SM Scherr Financial LLC (CRD 116348): Form ADV filing data as of October 2026.