# The Simmons Partnership, Inc

> The Simmons Partnership, Inc is an SEC-registered investment advisory firm in Towson, MD, registered since 2014, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 156740
- Filed as: THE SIMMONS PARTNERSHIP, INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Towson, MD
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156740
- AdvisorCensus page: https://advisorcensus.com/firm/the-simmons-partnership-inc-towson-md-156740

## Quick answers

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

**How much does The Simmons Partnership, Inc charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Flat fee: $1,000 to $5,000 (Financial planning). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is The Simmons Partnership, Inc located?**
The Simmons Partnership, Inc's principal office is in Towson, MD, according to its Form ADV.

**Is The Simmons Partnership, Inc registered with the SEC or a state?**
The Simmons Partnership, Inc is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 156740.

**How much does The Simmons Partnership, Inc manage?**
The Simmons Partnership, Inc reports $216,542,492 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (72% discretionary).

**How have The Simmons Partnership, Inc's assets and staff changed since 2021?**
In the Form ADV data for The Simmons Partnership, Inc: Regulatory assets under management: $128,441,222 in the October 2021 data and $216,542,492 in the October 2026 data, up 69%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Simmons Partnership, Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (236); high net worth individuals (71); corporations or other businesses not listed above (1).

**Which custodians does The Simmons Partnership, Inc use?**
The Simmons Partnership, 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 The Simmons Partnership, 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/156740

**Does The Simmons Partnership, Inc state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "TSP requires each client seeking investment management services to place at least $250,000 with us. We may waive this account minimum under certain circumstances, in our discretion."

**What changed in The Simmons Partnership, Inc's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $174,006,251 to $216,542,492 (+24%).

## From the Form ADV filing

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

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

- Account minimum: $250,000 (the brochure says it may be waived or negotiated)

> TSP requires each client seeking investment management services to place at least $250,000 with us. We may waive this account minimum under certain circumstances, in our discretion.

- Flat fee: $1,000 to $5,000 (Financial planning)

> Generally, fixed fees will be between $1,000 and $5,000. The fee range stated is a guide.

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.

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: $216,542,492
- Discretionary: $155,013,117
- Non-discretionary: $61,529,375

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 236 | $57,750,776 |
| High net worth individuals | 71 | $157,315,830 |
| Corporations or other businesses not listed above | 1 | $1,475,886 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2014 (12 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, FL, MD, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [thesimmonspartnership.com](https://thesimmonspartnership.com)
- Facebook @THE-SIMMONS-PARTNERSHIP-
- LinkedIn @THE-SIMMONS-PARTNERSHIP-LLC
- X @TSP_LLC_FINANCE

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $128,441,222 | 3 | February 15, 2021 |
| October 2022 | $145,192,297 | 3 | July 19, 2022 |
| October 2023 | $147,221,008 | 3 | August 2, 2023 |
| October 2024 | $154,349,434 | 2 | March 29, 2024 |
| October 2025 | $174,006,251 | 3 | March 29, 2025 |
| October 2026 | $216,542,492 | 3 | March 30, 2026 |

Regulatory assets under management: $128,441,222 in the October 2021 data and $216,542,492 in the October 2026 data, up 69%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $174,006,251 to $216,542,492 (+24%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Simmons Partnership, Inc (CRD 156740): Form ADV filing data as of October 2026.