# Vanda Advisers

> Vanda Advisers is a state-registered investment advisory firm, registered since 2015, reporting under $25 million in regulatory assets under management in its Form ADV filing dated September 17, 2021.

- CRD: 277035
- Filed as: VANDA ADVISERS
- Legal name: Harris, Stephen Paul
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Missouri
- Filing period: October 2026
- Form ADV filing dated: September 17, 2021
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/277035
- AdvisorCensus page: https://advisorcensus.com/firm/vanda-advisers-277035

## Quick answers

**How is Vanda Advisers compensated?**
On its Form ADV (Item 5.E, October 2026), Vanda Advisers reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Vanda Advisers registered with the SEC or a state?**
Vanda Advisers is a state-registered investment advisory firm, registered since 2015. Status as filed: APPROVED. CRD 277035.

**How much does Vanda Advisers manage?**
Vanda Advisers reports $1,750,000 in regulatory assets under management in its Form ADV filing dated September 17, 2021 (100% discretionary).

**Does Vanda Advisers report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/277035

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $1,750,000
- Discretionary: $1,750,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $1,750,000 |

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

### Firm details
- Registered since: 2015 (10 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MO
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vanda Advisers (CRD 277035): Form ADV filing data as of October 2026.