DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Stieven Capital Advisors, L.P.

Asset manager (funds and pooled vehicles)St. Louis, MissouriCRD 136106SEC 801-64668IAPD
Latest filing Mar 18, 2026
First filing on the tape Mar 28, 2012 · 17 filings
SEC status approved since Sep 7, 2005
RAUM
$563M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$563M as of Mar 18, 2026
Mar 28, 2012$135M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 18, 2026
Mar 28, 20120 then
Employees (5.A)8 as of Mar 18, 2026
Mar 28, 20135 then
Private funds2 as of Mar 18, 2026
Mar 28, 20122 then
RAUM -0.2% over the last fiscal year-4.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 18, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$282MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-0.2%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$563M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Stieven Financial Investors, L.P.Hedge Fund$502M159Mar 28, 2012
      Stieven Financial Offshore Investors, Ltd.Hedge Fund$63.0M17Mar 28, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • Leon Stephen Covington · Managing Director, Portfolio Managercontrol
        since 11/2005 · owns less than 5%
      • Joseph Mark Ross · Chief Compliance Officer, Chief Administrative Officer, Managing Directorcontrol
        since 07/2015 · owns less than 5%
      • Albert Joseph Stieven · Chairman & Chief Executive Officercontrol
        since 06/2005 · owns 75% or more
      • Albert Joseph Stieven · Managing Membercontrol
        since 06/2005 · owns 75% or more of Stieven Capital Advisors Gp, LLC
      Entity owners
      • Stieven Capital Advisors Gp, LLC · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • Stieven Capital Gp, LLC
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $565M to $563M
        Mar 12, 2025 to Mar 18, 2026
      • Pooled vehicle RAUM · $565M to $563M
        Mar 12, 2025 to Mar 18, 2026
      • RAUM · $565M to $563M
        Mar 12, 2025 to Mar 18, 2026
      • Financial planning clients · unset to
        Mar 19, 2024 to Mar 12, 2025
      • Discretionary RAUM · $565M to $565M
        Mar 19, 2024 to Mar 12, 2025
      • Pooled vehicle RAUM · $565M to $565M
        Mar 19, 2024 to Mar 12, 2025
      • RAUM · $565M to $565M
        Mar 19, 2024 to Mar 12, 2025
      • Discretionary RAUM · $640M to $565M
        Mar 22, 2023 to Mar 19, 2024
      • Pooled vehicle RAUM · $640M to $565M
        Mar 22, 2023 to Mar 19, 2024
      • RAUM · $640M to $565M
        Mar 22, 2023 to Mar 19, 2024
      • Discretionary RAUM · $834M to $640M
        Mar 11, 2022 to Mar 22, 2023
      • Pooled vehicle RAUM · $834M to $640M
        Mar 11, 2022 to Mar 22, 2023
      • RAUM · $834M to $640M
        Mar 11, 2022 to Mar 22, 2023
      • Discretionary RAUM · $626M to $834M
        Mar 12, 2021 to Mar 11, 2022
      • Pooled vehicle RAUM · $626M to $834M
        Mar 12, 2021 to Mar 11, 2022
      • RAUM · $626M to $834M
        Mar 12, 2021 to Mar 11, 2022
      • Advisory employees · 8 to 7
        Mar 13, 2020 to Mar 12, 2021
      • Employees · 10 to 8
        Mar 13, 2020 to Mar 12, 2021
      • Discretionary RAUM · $675M to $626M
        Mar 13, 2020 to Mar 12, 2021
      • Pooled vehicle RAUM · $675M to $626M
        Mar 13, 2020 to Mar 12, 2021
      • RAUM · $675M to $626M
        Mar 13, 2020 to Mar 12, 2021
      • Advisory employees · 9 to 8
        Mar 19, 2019 to Mar 13, 2020
      • Discretionary RAUM · $586M to $675M
        Mar 19, 2019 to Mar 13, 2020
      • Pooled vehicle RAUM · $586M to $675M
        Mar 19, 2019 to Mar 13, 2020
      • RAUM · $586M to $675M
        Mar 19, 2019 to Mar 13, 2020
      • Advisory employees · 8 to 9
        Mar 16, 2018 to Mar 19, 2019
      • Employees · 8 to 10
        Mar 16, 2018 to Mar 19, 2019
      • Discretionary RAUM · $637M to $586M
        Mar 16, 2018 to Mar 19, 2019
      • Pooled vehicle RAUM · $637M to $586M
        Mar 16, 2018 to Mar 19, 2019
      • RAUM · $637M to $586M
        Mar 16, 2018 to Mar 19, 2019
      • Advisory employees · 7 to 8
        Mar 27, 2017 to Mar 16, 2018
      • Pooled vehicle clients · unset to 2.0
        Mar 27, 2017 to Mar 16, 2018
      • Employees · 7 to 8
        Mar 27, 2017 to Mar 16, 2018
      • Other offices · unset to 0.0
        Mar 27, 2017 to Mar 16, 2018
      • Discretionary RAUM · $567M to $637M
        Mar 27, 2017 to Mar 16, 2018
      • Pooled vehicle RAUM · unset to 637405543.0
        Mar 27, 2017 to Mar 16, 2018
      • RAUM · $567M to $637M
        Mar 27, 2017 to Mar 16, 2018
      • Assets in custody · 407853544.0 to unset
        Mar 21, 2016 to Mar 27, 2017
      • Custody of client assets · true to false
        Mar 21, 2016 to Mar 27, 2017
      • Discretionary RAUM · $408M to $567M
        Mar 21, 2016 to Mar 27, 2017
      Signals
      2 dated events
      • Stieven Capital Advisors, L.P. reported RAUM $833.5M, up 33% from $625.6M (2021-03-12 to 2022-03-11)
        Mar 11, 2022 · RAUM change · derived
      • Mark Daniel Ellefson (Managing Director) no longer on Schedule A of Stieven Capital Advisors, L.P. (listed 2019-03-19, absent 2020-03-13)
        Mar 13, 2020 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Principal office phone
      314-779-2420reportedpublic record, Form ADV, Mar 18, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026