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
Steward Advisors, LLC
Latest filing Mar 11, 2026
First filing on the tape Mar 9, 2022 · 8 filings
SEC status approved since Apr 8, 2022
RAUM
$161M
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
100%
$160M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$40.2M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$161M as of Mar 11, 2026
Mar 24, 2023$115M then
HNW client RAUM$143M as of Mar 11, 2026
Mar 24, 2023$96.8M then
State-registered IARs (5.B.3)4 as of Mar 11, 2026
Mar 24, 20233 then
Employees (5.A)4 as of Mar 11, 2026
Mar 24, 20233 then
Private funds: no history
RAUM +17% over the last fiscal year+12% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 11, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $40.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 26derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.9MderivedHNW RAUM over HNW clients
- Average account
- $454,060derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 90%derivedof RAUM
- Institutional
- 0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +17%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.0%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $15.3M, 21 clientsreportedItem 9.A
- 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$143M89%
- Individuals$17.1M11%
- Corporations and businesses$332,5860.2%
- Charitable organizations$148,2510.1%
- Individual clients
- 54reported
- HNW clients
- 50reported
- Pension plan clients
- n/areported
- Charitable clients
- 4reported
- Accounts
- 354reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $15.3M for 21 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Timothy James ObendorfCertified Financial Planner | Chicago, Il | Mar 17, 2011 | 18 y | 1 |
| Michael Huck Kwon | Chicago, Il | Feb 4, 2013 | 27 y | 0 |
| Dale Robert BrandaCertified Financial Planner | Chicago, Il | May 10, 2016 | 10 y | 0 |
| Nicholas Joseph Lovitsch | Chicago, Il | Nov 28, 2023 | 13 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Timothy James Obendorf from Evanston AdvisorsMar 17, 2011 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Robert Dale Branda · Member & Chief Operating Officercontrolsince 02/2017 · owns 25% to 50%
- Huck Michael Kwon · Member, Principal & Wealth Managercontrolsince 09/2017 · owns 25% to 50%
- James Timothy Obendorf · Member, Principal & Wealth Manager, & Chief Compliance Officercontrolsince 01/2011 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Chicago, Il · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Schaumburg, IL1 employees
What changed
consecutive filings, newest first
- Accounts · 322 to 354Mar 7, 2025 to Mar 11, 2026
- Charity clients · 1 to 4Mar 7, 2025 to Mar 11, 2026
- Corporate clients · unset to 1.0Mar 7, 2025 to Mar 11, 2026
- HNW clients · 45 to 50Mar 7, 2025 to Mar 11, 2026
- Individual clients · 56 to 54Mar 7, 2025 to Mar 11, 2026
- Assets in custody · $8.4M to $15.3MMar 7, 2025 to Mar 11, 2026
- Discretionary RAUM · $129M to $145MMar 7, 2025 to Mar 11, 2026
- HNW RAUM · $118M to $143MMar 7, 2025 to Mar 11, 2026
- Individual RAUM · $18.6M to $17.1MMar 7, 2025 to Mar 11, 2026
- Non-discretionary RAUM · $7.8M to $15.6MMar 7, 2025 to Mar 11, 2026
- RAUM · $137M to $161MMar 7, 2025 to Mar 11, 2026
- Accounts · 323 to 322Oct 7, 2024 to Mar 7, 2025
- HNW clients · 44 to 45Oct 7, 2024 to Mar 7, 2025
- Individual clients · 57 to 56Oct 7, 2024 to Mar 7, 2025
- Assets in custody · $4.9M to $8.4MOct 7, 2024 to Mar 7, 2025
- Financial planning clients · 51-100 to 101-250Oct 7, 2024 to Mar 7, 2025
- Discretionary RAUM · $129M to $129MOct 7, 2024 to Mar 7, 2025
- HNW RAUM · $113M to $118MOct 7, 2024 to Mar 7, 2025
- Individual RAUM · $18.9M to $18.6MOct 7, 2024 to Mar 7, 2025
- Non-discretionary RAUM · $3.7M to $7.8MOct 7, 2024 to Mar 7, 2025
- RAUM · $132M to $137MOct 7, 2024 to Mar 7, 2025
- Accounts · 306 to 323May 26, 2023 to Feb 22, 2024
- Advisory employees · 3 to 4May 26, 2023 to Feb 22, 2024
- HNW clients · 43 to 44May 26, 2023 to Feb 22, 2024
- Individual clients · 55 to 57May 26, 2023 to Feb 22, 2024
- Assets in custody · $11.1M to $4.9MMay 26, 2023 to Feb 22, 2024
- Employees · 3 to 4May 26, 2023 to Feb 22, 2024
- State-registered IARs · 3 to 4May 26, 2023 to Feb 22, 2024
- Discretionary RAUM · $112M to $129MMay 26, 2023 to Feb 22, 2024
- HNW RAUM · $96.8M to $113MMay 26, 2023 to Feb 22, 2024
- Individual RAUM · $18.1M to $18.9MMay 26, 2023 to Feb 22, 2024
- Non-discretionary RAUM · $3.2M to $3.7MMay 26, 2023 to Feb 22, 2024
- RAUM · $115M to $132MMay 26, 2023 to Feb 22, 2024
- Accounts · 284 to 306Dec 16, 2022 to Mar 24, 2023
- Charity clients · unset to 1.0Dec 16, 2022 to Mar 24, 2023
- HNW clients · 39 to 43Dec 16, 2022 to Mar 24, 2023
- Individual clients · 60 to 55Dec 16, 2022 to Mar 24, 2023
- Assets in custody · $12.2M to $11.1MDec 16, 2022 to Mar 24, 2023
- Employees · 4 to 3Dec 16, 2022 to Mar 24, 2023
- Discretionary RAUM · $115M to $112MDec 16, 2022 to Mar 24, 2023
Signals
1 dated events
- Steward Advisors, Llc filed its initial SEC registration (Form ADV)Mar 9, 2022 · First SEC registration · fact
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
- Business email
- tim@stewardadvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 224-300-0284reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 312-883-1270reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 630-537-0108reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/STEWARD-ADVISORS-LLCreportedpublic record, Form ADV, Sep 17, 2026
- Website
- STEWARDADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 630-537-0111reportedpublic record, Form ADV, Mar 11, 2026
- Contact form
- stewardadvisors.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- stewardadvisors.com/our-teamreportedpublished by the firm, firm site, Sep 16, 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $40.2Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026