# Stevens Foster Financial Advisors

> Stevens Foster Financial Advisors is an SEC-registered investment advisory firm in Bloomington, MN, registered since 2014, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 115752
- Filed as: STEVENS FOSTER FINANCIAL ADVISORS
- Legal name: Stevens, Foster Financial Services, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bloomington, MN
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/115752
- AdvisorCensus page: https://advisorcensus.com/firm/stevens-foster-financial-advisors-bloomington-mn-115752

## Quick answers

**How is Stevens Foster Financial Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Stevens Foster Financial Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions.

**How much does Stevens Foster Financial Advisors charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 0.3% to 1% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Stevens Foster Financial Advisors located?**
Stevens Foster Financial Advisors' principal office is in Bloomington, MN, according to its Form ADV.

**Is Stevens Foster Financial Advisors registered with the SEC or a state?**
Stevens Foster Financial Advisors is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 115752.

**How much does Stevens Foster Financial Advisors manage?**
Stevens Foster Financial Advisors reports $750,430,120 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (82% discretionary).

**How have Stevens Foster Financial Advisors' assets and staff changed since 2021?**
In the Form ADV data for Stevens Foster Financial Advisors: Regulatory assets under management: $662,685,637 in the October 2021 data and $750,430,120 in the October 2026 data, up 13%. Total employees: 25 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Stevens Foster Financial Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (181); high net worth individuals (151).

**Which custodians does Stevens Foster Financial Advisors use?**
Stevens Foster Financial Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Stevens Foster Financial Advisors 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/115752

**What changed in Stevens Foster Financial Advisors' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $660,761,100 to $750,430,120 (+14%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: 0.3% to 1% a year (a range, as the brochure states it)

> Annual tiered asset management fees typically range between .30% and 1.00%.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services 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: $750,430,120
- Discretionary: $618,392,109
- Non-discretionary: $132,038,011

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 181 | $58,060,797 |
| High net worth individuals | 151 | $692,369,323 |
| 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 | Fewer than 5 | Not reported |
| 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)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2014 (12 years)
- Employees: 20 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, MN, TX, VT, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- stevensfoster.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $662,685,637 | 25 | March 30, 2021 |
| October 2022 | $711,662,875 | 25 | March 30, 2022 |
| October 2023 | $576,450,366 | 25 | July 20, 2023 |
| October 2024 | $620,408,766 | 21 | March 29, 2024 |
| October 2025 | $660,761,100 | 20 | March 27, 2025 |
| October 2026 | $750,430,120 | 20 | March 30, 2026 |

Regulatory assets under management: $662,685,637 in the October 2021 data and $750,430,120 in the October 2026 data, up 13%.
Total employees: 25 in October 2021 and 20 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $660,761,100 to $750,430,120 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Stevens Foster Financial Advisors (CRD 115752): Form ADV filing data as of October 2026.