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

Stewardship Advisory Group, LLC

Independent wealth managerClermont, FloridaCRD 165710SEC 801-77684websiteIAPD
Latest filing Jul 1, 2026
First filing on the tape Feb 22, 2013 · 61 filings
SEC status approved since Mar 5, 2013
RAUM
$322M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$309M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$80.5M
derived; firm RAUM over IAPD count
Employees
17
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
61 filings and snapshots on the tape
RAUM$322M as of Jul 1, 2026
Mar 28, 2014$85.0M then
HNW client RAUM$232M as of Jul 1, 2026
Mar 27, 2019$50.7M then
State-registered IARs (5.B.3)6 as of Jul 1, 2026
Mar 28, 201415 then
Employees (5.A)17 as of Jul 1, 2026
Mar 28, 201424 then
Private funds: no history
RAUM +23% over the last fiscal year-0.7% a year over threeIARs 6 to 6offices 1 to 0
Practice profile
derived from the filing of Jul 1, 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
$80.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
133derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$600,576derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-51%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, educational seminarsreportedItem 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
  • is an insurance broker or agent (6.A.6)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$232M72%
  • Individuals$77.4M24%
  • Charitable organizations$9.5M2.9%
  • Corporations and businesses$3.4M1.1%
Individual clients
398reported
HNW clients
132reported
Pension plan clients
n/areported
Charitable clients
3reported
Accounts
536reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=6.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Jeffrey Paul RogersBirmingham, Al Mar 28, 201334 y5
Joseph Charles MorsonCertified Financial PlannerBirmingham, Al Dec 5, 201826 y4
Nicholas Alexander EllisonCertified Financial PlannerClermont, Fl Jul 25, 201911 y0
Joseph William VeaseyCertified Financial PlannerBirmingham, Al Sep 28, 202211 y6
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount2 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Paul Jeffrey Rogers · Managing Member, Chairman Of The Board, President, Chief Executive Officer, Chief Compliance Officercontrol
      since 11/2012 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Clermont, Fl · principal401
    Mansfield, Tx001
    Offices
    Schedule D 1.F, the 25 largest
    • , 2 employees
    ADV anomalies
    4 against comparable advisers; where to look, not conclusions
    • clients down average size upCombination · filing Apr 30, 2026
      private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $261,000,000 to $321,909,000, advisors 6 to 6, private clients 1089 to 530, offices 1 to 1 (2025-03-15 to 2026-04-30)
      peers: independent wealth managers, $100M to $500M (5,676)
    • account count collapseChange between filings · filing Apr 30, 2026
      accounts (Item 5.F.2.f) moved from 1,108.0 to 536.0 (-52.0%) between the annual amendments of 2025-03-15 and 2026-04-30; the peer median change was +5.0% (3688 comparable advisers, 3.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,688) · 2.9% percentile
    • client count collapseChange between filings · filing Apr 30, 2026
      individual and HNW clients (Item 5.D) moved from 1,089.0 to 530.0 (-51.0%) between the annual amendments of 2025-03-15 and 2026-04-30; the peer median change was +3.0% (3310 comparable advisers, 2.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,310) · 1.5% percentile
    • employee count dropChange between filings · filing Apr 30, 2026
      employees (Item 5.A) moved from 187.0 to 17.0 (-91.0%) between the annual amendments of 2025-03-15 and 2026-04-30; the peer median change was 0.0% (507 comparable advisers, 0.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (507) · 0.4% percentile
    How anomalies are measured
    What changed
    consecutive filings, newest first
    • Other offices · 1 to 0
      Apr 30, 2026 to Jun 12, 2026
    • Accounts · 1,108 to 536
      Dec 20, 2025 to Mar 14, 2026
    • Charity clients · 11 to 3
      Dec 20, 2025 to Mar 14, 2026
    • Corporate clients · 8 to 3
      Dec 20, 2025 to Mar 14, 2026
    • HNW clients · 113 to 132
      Dec 20, 2025 to Mar 14, 2026
    • Individual clients · 976 to 398
      Dec 20, 2025 to Mar 14, 2026
    • Employees · 187 to 17
      Dec 20, 2025 to Mar 14, 2026
    • Financial planning clients · 26-50 to 1-10
      Dec 20, 2025 to Mar 14, 2026
    • Discretionary RAUM · $261M to $322M
      Dec 20, 2025 to Mar 14, 2026
    • HNW RAUM · $180M to $232M
      Dec 20, 2025 to Mar 14, 2026
    • Individual RAUM · $65.7M to $77.4M
      Dec 20, 2025 to Mar 14, 2026
    • RAUM · $261M to $322M
      Dec 20, 2025 to Mar 14, 2026
    • Financial planning clients · 26-50 to 26-50
      Mar 15, 2025 to Jun 12, 2025
    • Accounts · 966 to 1,108
      Feb 19, 2025 to Mar 15, 2025
    • Advisory employees · 10 to 6
      Feb 19, 2025 to Mar 15, 2025
    • BD registered reps · 10 to 6
      Feb 19, 2025 to Mar 15, 2025
    • Charity clients · 14 to 11
      Feb 19, 2025 to Mar 15, 2025
    • Corporate clients · 10 to 8
      Feb 19, 2025 to Mar 15, 2025
    • HNW clients · 191 to 113
      Feb 19, 2025 to Mar 15, 2025
    • Individual clients · 751 to 976
      Feb 19, 2025 to Mar 15, 2025
    • Employees · 21 to 187
      Feb 19, 2025 to Mar 15, 2025
    • State-registered IARs · 10 to 6
      Feb 19, 2025 to Mar 15, 2025
    • Discretionary RAUM · $270M to $261M
      Feb 19, 2025 to Mar 15, 2025
    • HNW RAUM · $131M to $180M
      Feb 19, 2025 to Mar 15, 2025
    • Individual RAUM · $106M to $65.7M
      Feb 19, 2025 to Mar 15, 2025
    • RAUM · $270M to $261M
      Feb 19, 2025 to Mar 15, 2025
    • Other offices · 2 to 1
      Jun 27, 2024 to Aug 6, 2024
    • Other offices · 3 to 2
      Feb 23, 2024 to Jun 27, 2024
    • Accounts · 927 to 966
      Dec 15, 2023 to Feb 23, 2024
    • Advisory employees · 15 to 10
      Dec 15, 2023 to Feb 23, 2024
    • BD registered reps · 13 to 10
      Dec 15, 2023 to Feb 23, 2024
    • Charity clients · 7 to 14
      Dec 15, 2023 to Feb 23, 2024
    • Corporate clients · 19 to 10
      Dec 15, 2023 to Feb 23, 2024
    • HNW clients · 65 to 191
      Dec 15, 2023 to Feb 23, 2024
    • Individual clients · 836 to 751
      Dec 15, 2023 to Feb 23, 2024
    • Employees · 30 to 21
      Dec 15, 2023 to Feb 23, 2024
    • Financial planning clients · 11-25 to 26-50
      Dec 15, 2023 to Feb 23, 2024
    • State-registered IARs · 14 to 10
      Dec 15, 2023 to Feb 23, 2024
    • Other offices · 6 to 3
      Dec 15, 2023 to Feb 23, 2024
    • Discretionary RAUM · $328M to $270M
      Dec 15, 2023 to Feb 23, 2024
    Signals
    9 dated events
    • Tony Lee Adkison left Stewardship Advisory Group, Llc for Advisor Share Wealth Management, Llc (registered 2026-05-13)
      Jun 9, 2026 · Advisor changed firm · fact
    • Cecil Matthew Hight left Stewardship Advisory Group, Llc for Advisor Share Wealth Management, Llc (registered 2026-04-29)
      Jun 9, 2026 · Advisor changed firm · fact
    • Jacob Benjamin Ekkens left Stewardship Advisory Group, Llc for Stewardship Trust Advisors (registered 2023-06-28)
      Aug 1, 2023 · Advisor changed firm · fact
    • Todd William Ackermann left Stewardship Advisory Group, Llc for Stewardship Trust Advisors (registered 2023-06-28)
      Jul 31, 2023 · Advisor changed firm · fact
    • Craig Allan Ackermann left Stewardship Advisory Group, Llc for Stewardship Trust Advisors (registered 2023-06-28)
      Jul 31, 2023 · Advisor changed firm · fact
    • 3 advisors left Stewardship Advisory Group, LLC (Clermont, FL) for Stewardship Trust Advisors a day apart
      Jul 31, 2023 · Team lift-out · derived
    • Robert Wrona left Stewardship Advisory Group, Llc for Regal Investment Advisors Llc (registered 2024-10-23)
      May 16, 2023 · Advisor changed firm · fact
    • Brandon Kyle Catrett left Stewardship Advisory Group, Llc for Ridgeline Private Wealth (registered 2023-05-12)
      Mar 31, 2023 · Advisor changed firm · fact
    • Stewardship Advisory Group, Llc filed its initial SEC registration (Form ADV)
      Feb 22, 2013 · 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
    info@stewardshipadvisory.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    407-470-1411reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    407-470-1405reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    STEWARDSHIPADVISORY.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    407-470-1405reportedpublic record, Form ADV, Jul 1, 2026
    Team page
    stewardshipadvisory.com/meet-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
    $80.5Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026