# ST. Michaels Asset Management

> ST. Michaels Asset Management is a state-registered investment advisory firm in St. Michaels, MD, registered since 1999, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 121201
- Filed as: ST. MICHAELS ASSET MANAGEMENT
- Legal name: ST. Michaels Asset Management, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: St. Michaels, MD
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/121201
- AdvisorCensus page: https://advisorcensus.com/firm/st-michaels-asset-management-st-michaels-md-121201

## Quick answers

**How is ST. Michaels Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), ST. Michaels Asset Management reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is ST. Michaels Asset Management located?**
ST. Michaels Asset Management's principal office is in St. Michaels, MD, according to its Form ADV.

**Is ST. Michaels Asset Management registered with the SEC or a state?**
ST. Michaels Asset Management is a state-registered investment advisory firm, registered since 1999. Status as filed: APPROVED. CRD 121201.

**How much does ST. Michaels Asset Management manage?**
ST. Michaels Asset Management reports $3,804,132 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (98% discretionary).

**What types of clients does ST. Michaels Asset Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (60).

**Does ST. Michaels Asset Management 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/121201

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $3,804,132
- Discretionary: $3,726,679
- Non-discretionary: $77,453

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 60 | $3,804,132 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1999 (27 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, MD, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. ST. Michaels Asset Management (CRD 121201): Form ADV filing data as of October 2026.