{
  "crd_number": 133157,
  "slug": "stairway-partners-llc-minneapolis-mn-133157",
  "primary_business_name": "STAIRWAY PARTNERS, LLC",
  "legal_name": "STAIRWAY PARTNERS, LLC",
  "dbas": [],
  "city": "Minneapolis",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2004-10-29",
  "years_registered": 21,
  "period": "2026-10-01",
  "filing_date": "2026-01-22",
  "carried_forward": false,
  "raum_total": 2358074847.0,
  "raum_discretionary": 2358074847.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": null,
      "count": 0
    },
    "charitable": {
      "raum": 3234944.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 3833782.0,
      "count": 7
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": null,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 2146837414.0,
      "count": 6
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 204168707.0,
      "count": 45
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 0
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CO",
    "FL",
    "IL",
    "MN",
    "NH"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/STAIRWAY-PARTNERS/about",
    "https://stairwaypartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/133157",
  "city_as_filed": "MINNEAPOLIS",
  "url": "https://advisorcensus.com/firm/stairway-partners-llc-minneapolis-mn-133157",
  "display_name": "Stairway Partners, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Stairway Partners, LLC (CRD 133157): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "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)"
  ],
  "quick_answers": [
    {
      "q": "How is Stairway Partners, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Stairway Partners, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Stairway Partners, LLC charge?",
      "a": "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."
    },
    {
      "q": "Where is Stairway Partners, LLC located?",
      "a": "Stairway Partners, LLC's principal office is in Minneapolis, MN, according to its Form ADV."
    },
    {
      "q": "Is Stairway Partners, LLC registered with the SEC or a state?",
      "a": "Stairway Partners, LLC is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 133157."
    },
    {
      "q": "How much does Stairway Partners, LLC manage?",
      "a": "Stairway Partners, LLC reports $2,358,074,847 in regulatory assets under management in its Form ADV filing dated January 22, 2026 (100% discretionary)."
    },
    {
      "q": "How have Stairway Partners, LLC's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Stairway Partners, LLC serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Stairway Partners, LLC use?",
      "a": "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."
    },
    {
      "q": "Does Stairway Partners, LLC 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/133157"
    },
    {
      "q": "Does Stairway Partners, LLC state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Stairway Partners, LLC's recent Form ADV filings?",
      "a": "In the February 2026 filing data: Regulatory assets under management went from $2,025,875,385 to $2,358,074,847 (+16%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1081711875.0,
      "total_employees": 5,
      "filing_date": "2021-02-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1204481986.0,
      "total_employees": 6,
      "filing_date": "2022-02-17"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1192277376.0,
      "total_employees": 5,
      "filing_date": "2023-07-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1976749992.0,
      "total_employees": 5,
      "filing_date": "2024-07-31"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2025875385.0,
      "total_employees": 5,
      "filing_date": "2025-04-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2358074847.0,
      "total_employees": 5,
      "filing_date": "2026-01-22"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $2,025,875,385 to $2,358,074,847 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 22, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $3,000,000",
        "rate": "0.75%"
      },
      {
        "band": "$3,000,000 to $10,000,000",
        "rate": "0.5%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.3%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "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"
        ],
        "quotes": [
          "First $3 million         0.75%  \n  $3 – 10 million         0.50% \n  Over $10 million        0.30%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 3000000.0,
          "rate_pct": 0.75
        },
        {
          "min": 3000000.0,
          "max": 10000000.0,
          "rate_pct": 0.5
        },
        {
          "min": 10000000.0,
          "max": null,
          "rate_pct": 0.3
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "First $3 million         0.75%  \n  $3 – 10 million         0.50% \n  Over $10 million        0.30%",
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Midwest Institutional Trust",
      "name_as_filed": "MIDWEST INSTITUTIONAL TRUST",
      "affiliated": false
    },
    {
      "name": "Pershing Advisor Solutions LLC",
      "name_as_filed": "PERSHING ADVISOR SOLUTIONS LLC",
      "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/stairway-partners-llc-minneapolis-mn-133157.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 3833782.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 45,
      "fewer_than_5": false,
      "raum": 204168707.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 2146837414.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 3234944.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "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/133157",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}