# Step Advisers, LLC

> Step Advisers, LLC is an SEC-registered investment advisory firm in San Mateo, CA, registered since 2022, with no regulatory assets under management reported in its Form ADV filing dated August 7, 2026.

- CRD: 322349
- Filed as: STEP ADVISERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Mateo, CA
- Filing period: October 2026
- Form ADV filing dated: August 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322349
- AdvisorCensus page: https://advisorcensus.com/firm/step-advisers-llc-san-mateo-ca-322349

## Quick answers

**How is Step Advisers, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Step Advisers, LLC reports these compensation arrangements: other.

**Where is Step Advisers, LLC located?**
Step Advisers, LLC's principal office is in San Mateo, CA, according to its Form ADV.

**Is Step Advisers, LLC registered with the SEC or a state?**
Step Advisers, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 322349.

**How have Step Advisers, LLC's assets and staff changed since 2022?**
In the Form ADV data for Step Advisers, LLC: Total employees: 3 in October 2022 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Step Advisers, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (80,707).

**Does Step Advisers, 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/322349

**Does Step Advisers, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated August 7, 2026 says: "The Firm does not impose a minimum account size or minimum investment amount."

**What changed in Step Advisers, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 1. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated August 7, 2026)

- Account minimum: None

> The Firm does not impose a minimum account size or minimum investment amount.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 80,707 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- step.com
- Facebook @step
- Instagram @stepmobile
- Threads @stepmobile
- TikTok @step
- X @step
- YouTube @UCAnDHIfe1QSfb4ETM7ACnVg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | 3 | August 16, 2022 |
| October 2023 | Not reported | 3 | January 17, 2023 |
| October 2024 | Not reported | 3 | March 29, 2024 |
| October 2025 | Not reported | 3 | June 23, 2025 |
| October 2026 | Not reported | 1 | August 7, 2026 |

Total employees: 3 in October 2022 and 1 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 1.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Step Advisers, LLC (CRD 322349): Form ADV filing data as of October 2026.