Steffes Financial, Ltd. is a boutique wealth management firm specializing in investment
advisory, retirement planning, IRA rollovers, estate planning, and 401(k) Plans.
We are an independent, privately owned firm. We are not controlled by a large insurance company, wire-house, brokerage firm or multi-state financial firm. Our investment recommendations are not dictated by back-office employees of a large organization who never meet with nor truly understands the needs of their firm's clients.
As a fee-based firm, our focus is keeping our fees low, providing our clients with custom designed portfolios of high quality, low cost, no-load mutual funds and exchange traded funds through our preferred Custodians TD Ameritrade Institutional and/or Charles Schwab Institutional.
We hate annuities. If you already have a high cost (hidden commission) annuity, we will provide you with information on the available low cost, no commission, no surrender, fee-based annuity alternatives. As most investors know, high fees have a significantly negative impact on long-term net returns.
Our core long-term investment philosophy is to buy and hold quality investments through the majority of the business cycle using our FIN-DEFCON System. Portfolios are automatically adjusted as we detect economic trends that have preceded past recessions and recoveries. To get a feel for our FIN-DEFCON System, see our latest video webcast on the Steffes Financial website, Economic Update tab.
|Firm Start Year:||1997|
|Name of Broker/Dealer:||Cambridge Investment Research, Inc.|
|Name of Custodial Firm:||TD Ameritrade, Charles Schwab|
|Number of Years with Current Firm:||23|
|I work with the following types of clients:||Individual Investors, Businesses|
|Investment Types:||Annuities, Exchange Traded Funds (ETFs), Bonds, Mutual Funds, Stocks|
|I can meet clients in the following ways:||Via phone, Video Conference, At my office|
Qualifications & Memberships
|Financial Organization Memberships:||Fi360 Global Fiduciary Insights Kansas Society of CPAs, American Institute of Certified Public Accountants (AICPA)|
|Firm's Number of Clients:||200+|
|Firm's Number of Managed Clients:||200|
|Assets Managed by Firm:||$300,000,000+|
|Advisor's Number of Managed Clients:||200+|
|Registered Investment Advisor:||Yes|
|Investment Advisor Representative:||Yes|
|I am an acknowledged fiduciary:||Yes|
|Compliance Disclosures in Last 5 years:||I have a clean record|
|Criminal Disclosures in Last 5 years:||I have a clean record|
Compensation and Fees
|Minimum Portfolio Size for New Managed Accounts:||$1,000,000|
|Compensation Methods:||Based on Assets|
|Additional Details on Charges:||
1.00% on the first $1,000,000|
0.60% on the next $1,000,000
0.50% on the next $1,000,000
0.40% on all additional
|Minimum Fee Charged for Managed Accounts:||$5,000|
|Bachelor's Degree - Accounting||
Kansas State University - Kansas
SEC Form ADV Part 2A Client Brochure:
SEC Form ADV Part 3 Relationship Summary:
Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Investment Advisory Services offered through Steffes Financial, Ltd., a Registered Investment Advisor. Cambridge Investment Research, Inc. and Steffes Financial, Ltd., are not affiliated entities.
Gerald Steffes is a Certified Public Accountant, Personal Financial Specialist, Certified Financial Planner® and Accredited Investment Fiduciary®. He received a Bachelors Degree in accounting from Kansas State University in 1984 and is a member of the American Institute of CPAs and Kansas Society of CPAs.
Gerald has served on the Board of Directors of the Kansas Society of CPAs, as past President of the Kansas Society of CPAs Metro Chapter and as an Adjunct Faculty Member of the College for Financial Planning in Denver, Colorado. He has lectured on tax and financial planning topics for the Kansas Society of CPAs, Missouri Society of CPAs, Johnson County Community College, and the University of Missouri, Kansas City, School of Law.
Gerald lives in Overland Park, KS, with wife Renee. They have two children, Grant and Morgan. As a family they enjoy tennis, hiking, skiing, cycling and travel.
|Mon.||8:30 AM - 5:00 PM|
|Tue.||8:30 AM - 5:00 PM|
|Wed.||8:30 AM - 5:00 PM|
|Thu.||8:30 AM - 5:00 PM|
|Fri.||8:30 AM - 4:00 PM|