# 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.

- CRD: 133157
- Filed as: STAIRWAY PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Minneapolis, MN
- Filing period: October 2026
- Form ADV filing dated: January 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/133157
- AdvisorCensus page: https://advisorcensus.com/firm/stairway-partners-llc-minneapolis-mn-133157

## Quick answers

**How 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.

**How much does Stairway Partners, LLC charge?**
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

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

### Fees and minimums (Form ADV Part 2A brochure dated January 22, 2026)

- 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

> First $3 million 0.75% $3 – 10 million 0.50% Over $10 million 0.30%

- Account minimum: $1,000,000

> 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 brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Midwest Institutional Trust
- Pershing Advisor Solutions LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $2,358,074,847
- Discretionary: $2,358,074,847
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 7 | $3,833,782 |
| High net worth individuals | 45 | $204,168,707 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $2,146,837,414 |
| Charitable organizations | Fewer than 5 | $3,234,944 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### 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)

### Firm details
- Registered since: 2004 (21 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CO, FL, IL, MN, NH
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- stairwaypartners.com
- LinkedIn @STAIRWAY-PARTNERS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,081,711,875 | 5 | February 11, 2021 |
| October 2022 | $1,204,481,986 | 6 | February 17, 2022 |
| October 2023 | $1,192,277,376 | 5 | July 24, 2023 |
| October 2024 | $1,976,749,992 | 5 | July 31, 2024 |
| October 2025 | $2,025,875,385 | 5 | April 22, 2025 |
| October 2026 | $2,358,074,847 | 5 | January 22, 2026 |

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.

## 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%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Stairway Partners, LLC (CRD 133157): Form ADV filing data as of October 2026.