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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

SCHERER FINANCIAL ADVISORY SERVICES, LLC

CRD 317435

DALLAS, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:e1b16ba4-6fd7-95ef-8ed8-fa3a9d6c992a

Data as of May 8, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 11:40 AM UTC and rebuilt at most every 15 minutes.

Relationships: 6
Dated events: 3
On other graphs: 0
Observed: Nov 3, 2021 to May 8, 2026
18 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $158MItem 5.F on the latest filing (2026-05-08); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $133M
Private client RAUM: $158MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $52.8Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 5
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 178
Individual clients: 119
High net worth clients: 59
SEC number: 801-122809
CRD: 317435
Filings on the tape: 18
First filed: Nov 3, 2021
Latest filed: May 8, 2026
Organised: Limited Liability Company, TX
Website: schererfinancial.net

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
Scott Stephen Scherer	Certified Financial Planner	DALLAS, TX	4	31	2	no
Howard William Montfort	n/a	DALLAS, TX	4	43	2	no
IAN MICHAEL O'SHEA	Certified Financial Planner	DALLAS, TX	2	11	1	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
O'SHEA, IAN, MICHAEL	Owner	C	yes	04/2024	Oct 30, 2024	Oct 30, 2024
SCHERER, SCOTT, STEPHEN	MANAGING MEMBER & CHIEF COMPLIANCE OFFICER	E	yes	11/2018	Nov 3, 2021	Oct 30, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
SCHERER CPA, LLC	n/a	n/a	n/a	Y	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 5 of 7

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Apr 8, 2026	$158M	$133M	5	3	n/a	n/a
2024	Mar 17, 2025	$139M	$116M	6	3	n/a	n/a
2023	Mar 25, 2024	$127M	$108M	5	2	n/a	n/a
2022	Mar 15, 2023	$107M	$88.3M	2	2	n/a	n/a
2021	Feb 10, 2022	$122M	$112M	2	2	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	1	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$158M	$139M	14.1%	$107M	13.9%	5	6	0	0

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC	2	Apr 6, 2022	Dec 6, 2021	DALLAS, TX	Team lift out	Ibd to RIA	0.0%

Relationships

Registered with (3)

← IAN MICHAEL O'SHEAAdvisorregistration: current employment
Apr 10, 2024 to presentfactForm ADV
← Scott Stephen SchererAdvisorregistration: current employment
Dec 6, 2021 to presentfactForm ADV
← Howard William MontfortAdvisorregistration: current employment
Dec 6, 2021 to presentfactForm ADV

Controls (2)

← SCHERER, SCOTT, STEPHENOwnerMANAGING MEMBER & CHIEF COMPLIANCE OFFICER, ownership code E, individual
Nov 3, 2021 to Oct 30, 2024factForm ADV
← O'SHEA, IAN, MICHAELOwnerOWNER, ownership code C, individual
Oct 30, 2024 to Oct 30, 2024factForm ADV

Moved with (1)

← RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INCRegistered adviser2 advisors, team lift out, same day
Apr 6, 2022 to Dec 6, 2021factForm ADV

Dated events

Occurred
Oct 30, 2024
Control person joined
Michael Ian O'Shea (Owner) appeared on Schedule A of Scherer Financial Advisory Services, Llc
Form ADVobserved 6 days ago
Occurred
Apr 6, 2022
Team lift-out
2 advisors left Raymond James Financial Services Advisors, Inc (Dallas, TX) for Scherer Financial Advisory Services, LLC on the same day
Form ADVobserved 6 days ago
2 advisors
Occurred
Nov 3, 2021
First Form ADV filing
Scherer Financial Advisory Services, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:e1b16ba4-6fd7-95ef-8ed8-fa3a9d6c992a
First observed: Nov 3, 2021
Last observed: May 8, 2026 4 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

SCHERER FINANCIAL ADVISORY SERVICES, LLC

CRD 317435

DALLAS, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:e1b16ba4-6fd7-95ef-8ed8-fa3a9d6c992a

Data as of May 8, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 11:40 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

Scott Stephen Scherer

Certified Financial Planner

DALLAS, TX

Howard William Montfort

n/a

DALLAS, TX

IAN MICHAEL O'SHEA

Certified Financial Planner

DALLAS, TX

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

O'SHEA, IAN, MICHAEL

Owner

yes

04/2024

Oct 30, 2024

SCHERER, SCOTT, STEPHEN

MANAGING MEMBER & CHIEF COMPLIANCE OFFICER

yes

11/2018

Nov 3, 2021

Oct 30, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

SCHERER CPA, LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 8, 2026

$158M

$133M

n/a

2024

Mar 17, 2025

$139M

$116M

n/a

2023

Mar 25, 2024

$127M

$108M

n/a

2022

Mar 15, 2023

$107M

$88.3M

n/a

2021

Feb 10, 2022

$122M

$112M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$158M

$139M

14.1%

$107M

13.9%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC

Apr 6, 2022

Dec 6, 2021

DALLAS, TX

Team lift out

Ibd to RIA

0.0%