# Stepp & Rothwell Inc

> Stepp & Rothwell Inc is an SEC-registered investment advisory firm in Overland Park, KS, registered since 1998, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 9, 2026.

- CRD: 107999
- Filed as: STEPP & ROTHWELL INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Overland Park, KS
- Filing period: October 2026
- Form ADV filing dated: September 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107999
- AdvisorCensus page: https://advisorcensus.com/firm/stepp-and-rothwell-inc-overland-park-ks-107999

## Quick answers

**How is Stepp & Rothwell Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Stepp & Rothwell Inc reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Stepp & Rothwell Inc located?**
Stepp & Rothwell Inc's principal office is in Overland Park, KS, according to its Form ADV.

**Is Stepp & Rothwell Inc registered with the SEC or a state?**
Stepp & Rothwell Inc is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 107999.

**How much does Stepp & Rothwell Inc manage?**
Stepp & Rothwell Inc reports $1,055,116,691 in regulatory assets under management in its Form ADV filing dated September 9, 2026 (90% discretionary).

**How have Stepp & Rothwell Inc's assets and staff changed since 2021?**
In the Form ADV data for Stepp & Rothwell Inc: Regulatory assets under management: $831,562,741 in the October 2021 data and $1,055,116,691 in the October 2026 data, up 27%. Total employees: 22 in October 2021 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Stepp & Rothwell Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (274); individuals (other than high net worth individuals) (65); charitable organizations (1).

**Which custodians does Stepp & Rothwell Inc use?**
Stepp & Rothwell Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Stepp & Rothwell 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/107999

**What changed in Stepp & Rothwell Inc's recent Form ADV filings?**
In the April 2026 filing data: Registered or notice-filed in MD.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $1,055,116,691
- Discretionary: $954,395,791
- Non-discretionary: $100,720,900

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 65 | $26,785,912 |
| High net worth individuals | 274 | $1,008,638,840 |
| 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) | 0 | Not reported |
| Charitable organizations | 1 | $19,691,939 |
| 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)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1998 (28 years)
- Employees: 25 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, IL, KS, MD, MO, NC, NE, NH, NJ, NY, PA, TX, UT, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- steppandrothwell.com
- Facebook @STEPPANDROTHWELL
- LinkedIn @28980005

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $831,562,741 | 22 | September 16, 2021 |
| October 2022 | $978,891,479 | 22 | August 3, 2022 |
| October 2023 | $772,903,072 | 22 | April 14, 2023 |
| October 2024 | $890,700,941 | 22 | September 18, 2024 |
| October 2025 | $963,693,327 | 25 | April 9, 2025 |
| October 2026 | $1,055,116,691 | 25 | September 9, 2026 |

Regulatory assets under management: $831,562,741 in the October 2021 data and $1,055,116,691 in the October 2026 data, up 27%.
Total employees: 22 in October 2021 and 25 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Registered or notice-filed in MD.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Stepp & Rothwell Inc (CRD 107999): Form ADV filing data as of October 2026.