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

Stepstone Private Wealth

Asset manager (funds and pooled vehicles)Charlotte, North CarolinaCRD 305881SEC 801-117639websiteIAPD
Legal name Stepstone Group Private Wealth LLC
Latest filing Jun 29, 2026
First filing on the tape Oct 16, 2019 · 16 filings
SEC status approved since Nov 14, 2019
RAUM
$18B
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
128
0 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
4
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$18B as of Jun 29, 2026
Jun 26, 2020$10,000 then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 29, 2026
Jun 26, 20202 then
Employees (5.A)128 as of Jun 29, 2026
Jun 26, 202012 then
Private funds: 4
RAUM +1097% over the last fiscal year+438% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 29, 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
$1.3BderivedRAUM 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
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+125%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 vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$3.1B, 9 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$16B91%
  • Pooled investment vehicles$1.7B9.4%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
14reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$3.1B for 9 clientsreported
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=33.0derived
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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Wilburn Robert Long · Chief Executive Officercontrol
        since 06/2018 · owns less than 5%
      • Adair Timothy Smith · Chief Operating Officer & Chief Financial Officercontrol
        since 06/2018 · owns less than 5%
      • Edward Bendukai Bouey · Chief Compliance Officer
        since 06/2023 · owns less than 5%
      • Yayoi Jennifer Ishiguro · Chief Legal Officer, Partner
        since 09/2019 · owns less than 5%
      Entity owners
      • Stepstone Group LP · Sole Member
        direct · owns 75% or more
      • Stepstone Group Holdings LLC · General Partner
        indirect · owns F of Stepstone Group LP
      • Stepstone Group Inc. · Partner
        indirect · owns 25% to 50% of Stepstone Group Inc. · public reporting company
      • Stepstone Group Inc. · Sole Managing Member
        indirect · owns 75% or more of Stepstone Group Holdings LLC · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Stepstone Private Wealth as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • business activity changedChange between filings · filing Jun 29, 2026
        advises private funds (Item 7.B): no on the filing of 2025-06-27, yes on the filing of 2026-06-29
        peers: asset managers, $5B to $20B (684)
      What changed
      consecutive filings, newest first
      • Accounts · 10 to 14
        Jun 27, 2025 to Jun 29, 2026
      • Pooled vehicle clients · 6 to 9
        Jun 27, 2025 to Jun 29, 2026
      • Assets in custody · $1.2B to $3.1B
        Jun 27, 2025 to Jun 29, 2026
      • Employees · 97 to 128
        Jun 27, 2025 to Jun 29, 2026
      • Other offices · 2 to 1
        Jun 27, 2025 to Jun 29, 2026
      • Private funds · unset to 4
        Jun 27, 2025 to Jun 29, 2026
      • Discretionary RAUM · $8.2B to $18B
        Jun 27, 2025 to Jun 29, 2026
      • Pooled vehicle RAUM · $1.2B to $1.7B
        Jun 27, 2025 to Jun 29, 2026
      • RAUM · $8.2B to $18B
        Jun 27, 2025 to Jun 29, 2026
      • Accounts · 9 to 10
        Jun 28, 2024 to Jun 27, 2025
      • BD registered reps · 21 to 33
        Jun 28, 2024 to Jun 27, 2025
      • Assets in custody · $703M to $1.2B
        Jun 28, 2024 to Jun 27, 2025
      • Employees · 62 to 97
        Jun 28, 2024 to Jun 27, 2025
      • Financial planning clients · unset to
        Jun 28, 2024 to Jun 27, 2025
      • Other offices · 0 to 2
        Jun 28, 2024 to Jun 27, 2025
      • Discretionary RAUM · $3.4B to $8.2B
        Jun 28, 2024 to Jun 27, 2025
      • Pooled vehicle RAUM · $703M to $1.2B
        Jun 28, 2024 to Jun 27, 2025
      • RAUM · $3.4B to $8.2B
        Jun 28, 2024 to Jun 27, 2025
      • Accounts · 6 to 9
        Jun 29, 2023 to Jun 28, 2024
      • Advisory employees · 1 to 0
        Jun 29, 2023 to Jun 28, 2024
      • Pooled vehicle clients · 4 to 6
        Jun 29, 2023 to Jun 28, 2024
      • Assets in custody · $433M to $703M
        Jun 29, 2023 to Jun 28, 2024
      • Employees · 52 to 62
        Jun 29, 2023 to Jun 28, 2024
      • Other offices · 1 to 0
        Jun 29, 2023 to Jun 28, 2024
      • Discretionary RAUM · $1.5B to $3.4B
        Jun 29, 2023 to Jun 28, 2024
      • Pooled vehicle RAUM · $433M to $703M
        Jun 29, 2023 to Jun 28, 2024
      • RAUM · $1.5B to $3.4B
        Jun 29, 2023 to Jun 28, 2024
      • Accounts · 2 to 6
        May 4, 2023 to Jun 29, 2023
      • BD registered reps · 15 to 21
        May 4, 2023 to Jun 29, 2023
      • Pooled vehicle clients · 1 to 4
        May 4, 2023 to Jun 29, 2023
      • Assets in custody · $112M to $433M
        May 4, 2023 to Jun 29, 2023
      • Employees · 33 to 52
        May 4, 2023 to Jun 29, 2023
      • Discretionary RAUM · $581M to $1.5B
        May 4, 2023 to Jun 29, 2023
      • Pooled vehicle RAUM · $112M to $433M
        May 4, 2023 to Jun 29, 2023
      • RAUM · $581M to $1.5B
        May 4, 2023 to Jun 29, 2023
      • Business name · CONVERSUS, A STEPSTONE COMPANY to STEPSTONE PRIVATE WEALTH
        Nov 14, 2022 to Nov 17, 2022
      • Legal name · STEPSTONE CONVERSUS LLC to STEPSTONE GROUP PRIVATE WEALTH LLC
        Nov 14, 2022 to Nov 14, 2022
      • BD registered reps · 12 to 15
        Jan 3, 2022 to Jun 28, 2022
      • Assets in custody · $17.6M to $112M
        Jan 3, 2022 to Jun 28, 2022
      • Employees · 22 to 33
        Jan 3, 2022 to Jun 28, 2022
      Signals
      6 dated events
      • Stepstone Private Wealth reported RAUM $17.9B, up 119% from $8.2B (2025-06-27 to 2026-06-29)
        Jun 29, 2026 · RAUM change · derived
      • Stepstone Private Wealth reported RAUM $8.2B, up 142% from $3.4B (2024-06-28 to 2025-06-27)
        Jun 27, 2025 · RAUM change · derived
      • Stepstone Private Wealth reported RAUM $3.4B, up 125% from $1.5B (2023-06-29 to 2024-06-28)
        Jun 28, 2024 · RAUM change · derived
      • Stepstone Private Wealth reported RAUM $1.5B, up 158% from $580.7M (2023-05-04 to 2023-06-29)
        Jun 29, 2023 · RAUM change · derived
      • Stepstone Private Wealth reported RAUM $580.7M, up 404% from $115.2M (2022-01-03 to 2022-06-28)
        Jun 28, 2022 · RAUM change · derived
      • Conversus, A Stepstone Company filed its initial SEC registration (Form ADV)
        Oct 16, 2019 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/stepstone-private-wealthreportedpublic record, Form ADV, Sep 18, 2026
      Firm profile
      linkedin.com/company/stepstone-groupreportedpublic record, Form ADV, Sep 18, 2026
      Website
      stepstonepw.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      704-215-4300reportedpublic record, Form ADV, Jun 29, 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