Global Steward Advisors, LLC

The firm provides fee-based, discretionary portfolio management primarily for individuals, trusts, retirement plans and other organizations, managing the growth portion of client portfolios for a small client base with about $7.5 million in assets under management. It offers two structured managed-account programs: a Global Growth ETF strategy built from a diversified set of roughly seven to ten ETFs, and a Global Steward Growth strategy concentrated in about seven to ten individual stocks or ETFs.

The adviser uses an active, discretionary approach: the ETF program selects funds on criteria such as past return relative to risk and historical performance versus the S&P 500, while the stock-based program selects names on fundamental factors (including forecast earnings growth targets) and may employ short-term option writing to generate income and seek to reduce volatility. Accounts are actively managed and allocated in relatively concentrated portfolios, with the adviser able to overweight/underweight positions and to implement block trades through the account custodian.

Noteworthy distinctions from many peers include disclosed disciplinary events: the brochure reports past registration and recordkeeping failures that resulted in a consent agreement and administrative assessments, which the firm disclosed and paid. The firm’s principal also operates an independent insurance agency and is a licensed insurance agent; the brochure discloses that client allocations can include insurance products for which the principal may receive commission compensation, a potential conflict of interest.