AdvisorCensus / Financial advisors / Minnesota / Minneapolis / Stairway Partners, LLC
Stairway Partners, LLC is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2004, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated January 22, 2026.
Quick answers
From the filingHow is Stairway Partners, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Stairway Partners, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Stairway Partners, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated January 22, 2026 states: Up to $3,000,000: 0.75% a year; $3,000,000 to $10,000,000: 0.5% a year; Above $10,000,000: 0.3% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Stairway Partners, LLC located?
Stairway Partners, LLC's principal office is in Minneapolis, MN, according to its Form ADV.
Is Stairway Partners, LLC registered with the SEC or a state?
Stairway Partners, LLC is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 133157.
How much does Stairway Partners, LLC manage?
Stairway Partners, LLC reports $2,358,074,847 in regulatory assets under management in its Form ADV filing dated January 22, 2026 (100% discretionary).
How have Stairway Partners, LLC's assets and staff changed since 2021?
In the Form ADV data for Stairway Partners, LLC: Regulatory assets under management: $1,081,711,875 in the October 2021 data and $2,358,074,847 in the October 2026 data, up 118%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Stairway Partners, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (45); individuals (other than high net worth individuals) (7); pension and profit sharing plans (but not the plan participants or government pension plans) (6).
Which custodians does Stairway Partners, LLC use?
Stairway Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Midwest Institutional Trust and Pershing Advisor Solutions LLC as custodians holding 10% or more of its separately managed account assets.
Does Stairway Partners, 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/133157
Does Stairway Partners, LLC state an account minimum?
Its Form ADV Part 2A brochure dated January 22, 2026 says: "To open an account, we generally require a client to have a minimum of $1,000,000 in assets to be managed by the firm."
What changed in Stairway Partners, LLC's recent Form ADV filings?
In the February 2026 filing data: Regulatory assets under management went from $2,025,875,385 to $2,358,074,847 (+16%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $3,000,000 | 0.75% |
| $3,000,000 to $10,000,000 | 0.5% |
| Above $10,000,000 | 0.3% |
The brochure's wording
First $3 million 0.75% $3 – 10 million 0.50% Over $10 million 0.30%
Account minimum: $1,000,000
The brochure's wording
To open an account, we generally require a client to have a minimum of $1,000,000 in assets to be managed by the firm.
As stated in the firm's Form ADV Part 2A brochure dated January 22, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$2,358,074,847 as of October 2026, filing dated January 22, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2004 (21 years)
- Employees
- Total: 5. Performing investment advisory functions: 4.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
6 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $2,358,074,847 | 5 | January 22, 2026 |
| October 2025 | $2,025,875,385 | 5 | April 22, 2025 |
| October 2024 | $1,976,749,992 | 5 | July 31, 2024 |
| October 2023 | $1,192,277,376 | 5 | July 24, 2023 |
| October 2022 | $1,204,481,986 | 6 | February 17, 2022 |
| October 2021 | $1,081,711,875 | 5 | February 11, 2021 |
Regulatory assets under management: $1,081,711,875 in the October 2021 data and $2,358,074,847 in the October 2026 data, up 118%.
Total employees: 5 in October 2021 and 5 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- February 2026
- Regulatory assets under management went from $2,025,875,385 to $2,358,074,847 (+16%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Stairway Partners, LLC (CRD 133157): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/stairway-partners-llc-minneapolis-mn-133157