Wealth manager, independent · Rockville, MD
Schaeffer Financial LLC
SEC-registered investment adviser · CRD 133697 · SEC 801-63790
At a glance
Schaeffer Financial LLC is an SEC-registered investment adviser based in Rockville, Maryland, with $258 million in regulatory assets under management as of its Form ADV filed July 14, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 247 individual clients. By Form ADV it is a wealth manager, ranked 4,881st of 8,915 wealth managers and 10,923rd of 17,210 SEC-registered advisers by assets.
Main office 301-933-5550schaefferfinancial.comAs filed on Form ADV
- Regulatory AUM
- $258M
- Rank among wealth managers
- #4,881 of 8,915
- Rank among all SEC RIAs
- #10,923 of 17,210
- Rank in Maryland
- #159 of 227
- Individual clients
- 247
- High-net-worth clients
- 76
- Accounts
- 247
- Discretionary
- 100% of AUM
- Employees
- 7
- Advisory staff
- 4
- Offices
- 4
Owners and executives on its Form ADV
- Karen P. SchaefferManaging Member
- Kaitlin YardleyManaging Member & Chief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Schaeffer Financial LLC is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names LPL Financial, an unaffiliated broker-dealer, as the broker-dealer its advisers are registered with.
advice is separate and independent from the brokerage services offered through LPL Financial Independent Insurance Agent Certain IARs of the Company maintain insurance licenses, as required by law, to give advice on the benefits and needs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 76 | $185M | 72% |
| Individuals | 171 | $73M | 28% |
Disciplinary disclosures
Schaeffer Financial LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗schaefferfinancial.com ↗
AtlasMembers
The full record on Schaeffer Financial LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 6,387 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Schaeffer Financial LLC manage?
Schaeffer Financial LLC reports $258 million in regulatory assets under management across 247 accounts, 100% of it on a discretionary basis, on its Form ADV filed July 14, 2026.
What kind of firm is Schaeffer Financial LLC?
Schaeffer Financial LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Schaeffer Financial LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($185 million, 76 clients); individuals ($73 million, 171 clients).
Does Schaeffer Financial LLC have any disciplinary history?
Schaeffer Financial LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Schaeffer Financial LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-14), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →