AdvisorCensus / Financial advisors / West Virginia / Weirton / Steeloaks Investment Advisers, Inc.
Steeloaks Investment Advisers, Inc. is an SEC-registered investment advisory firm in Weirton, WV, registered since 1998, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.
Quick answers
From the filingHow is Steeloaks Investment Advisers, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Steeloaks Investment Advisers, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Steeloaks Investment Advisers, Inc. located?
Steeloaks Investment Advisers, Inc.'s principal office is in Weirton, WV, according to its Form ADV.
Is Steeloaks Investment Advisers, Inc. registered with the SEC or a state?
Steeloaks Investment Advisers, Inc. is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 108197.
How much does Steeloaks Investment Advisers, Inc. manage?
Steeloaks Investment Advisers, Inc. reports $131,000,000 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (89% discretionary).
How have Steeloaks Investment Advisers, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Steeloaks Investment Advisers, Inc.: Regulatory assets under management: $202,500,000 in the October 2021 data and $131,000,000 in the October 2026 data, down 35%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Steeloaks Investment Advisers, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (259); high net worth individuals (10); corporations or other businesses not listed above (10).
Does Steeloaks Investment Advisers, Inc. 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/108197
What changed in Steeloaks Investment Advisers, Inc.'s recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $166,000,000 to $131,000,000 (-21%).
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
- Fixed fees (other than subscription fees)
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 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated March 27, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$131,000,000 as of October 2026, filing dated March 27, 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
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1998 (28 years)
- Employees
- Total: 2. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
3 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 | $131,000,000 | 2 | March 27, 2026 |
| October 2025 | $166,000,000 | 2 | March 26, 2025 |
| October 2024 | $151,000,000 | 2 | March 22, 2024 |
| October 2023 | $137,000,000 | 2 | March 30, 2023 |
| October 2022 | $223,000,000 | 2 | March 29, 2022 |
| October 2021 | $202,500,000 | 2 | July 30, 2021 |
Regulatory assets under management: $202,500,000 in the October 2021 data and $131,000,000 in the October 2026 data, down 35%.
Total employees: 2 in October 2021 and 2 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- April 2026
- Regulatory assets under management went from $166,000,000 to $131,000,000 (-21%).
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. Steeloaks Investment Advisers, Inc. (CRD 108197): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/steeloaks-investment-advisers-inc-weirton-wv-108197