Steffes Financial, Ltd

Steffes Financial works with individual and high‑net‑worth clients as well as pension and profit‑sharing plans and corporate entities, providing discretionary portfolio management, financial planning, and retirement‑plan advisory services. The firm also offers qualified retirement plan services that include participant education, non‑discretionary fiduciary consulting and an option for discretionary fiduciary management for plan sponsors.

The firm documents client objectives in an Investment Policy Statement, typically obtains discretionary trading authority, and actively monitors accounts using a blend of fundamental and technical (charting) analysis alongside tactical and strategic asset‑allocation approaches. It generally recommends Schwab Institutional as custodian, aggregates trades on a pro rata basis, and conducts at least annual account reviews.

Steffes Financial is notable for managing roughly $611 million in client assets while reporting only two advisors, and for combining individual wealth management with ERISA‑level fiduciary services (including discretionary plan management) and explicit procedures to address rollover conflicts. The brochure also discloses that financial planning engagements do not typically result in delivery of a written plan and that clients are expected to use a firm‑recommended custodian, features that distinguish its operating model from many peers.