SCHERER FINANCIAL ADVISORY SERVICES, LLC
Adviser information for SCHERER FINANCIAL ADVISORY SERVICES, LLC last updated from Form ADV on March 25th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Texas, United States |
Employees
| Total Number of Employees | 5 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 131 | $107.6M |
| Non-Discretionary | 28 | $19.7M |
| Total | 159 | $127.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 124 | $34.7M |
| HNW Individuals | 35 | $92.6M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesCommissionsTHIRD PARTY MONEY MANAGERS |
| Other Business Activities | Insurance broker or agent |
Identifiers
| SEC RIA File Number | 801-122809 |
|---|---|
| SEC ERA File Number | 801-122809 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 317435 |
| Legal Entity Identifier | None |
Principal Office
16250 KNOLL TRAIL DRIVESUITE 207
DALLAS
TX
United States
Monday - Friday, 8:00 AM - 5:00 PM
Tel: 972-267-9655, Fax: 972-250-0009
Websites
Chief Compliance Officer
SCOTT STEPHEN SCHERER
MANAGING MEMBER & CHIEF COMPLIANCE OFFICER
16250 KNOLL TRAIL DRIVE
DALLAS
TX
United States
Tel:
972-267-9655
Fax:
972-250-0009
S************@*******************T
(Full email address available in API data)
Industry Affiliates
| SCHERER CPA, LLC | Accountant or accounting firm |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SCHERER, SCOTT, STEPHEN | Individual | – | MANAGING MEMBER & CHIEF COMPLIANCE OFFICER | 11/2018 | > 75% |