Asset manager · Charlotte, NC
Stepstone Private Wealth
Stepstone Group Private Wealth LLC · SEC-registered investment adviser · CRD 305881 · SEC 801-117639
At a glance
Stepstone Private Wealth is an SEC-registered investment adviser based in Charlotte, North Carolina, with $17.9 billion in regulatory assets under management as of its Form ADV filed June 29, 2026. Its largest client group by assets is investment companies. By Form ADV it is a asset manager, ranked 389th of 3,218 asset managers and 939th of 17,210 SEC-registered advisers by assets.
Main office 704-215-4300stepstonegroup.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $18B
- Rank among asset managers
- #389 of 3,218
- Rank among all SEC RIAs
- #939 of 17,210
- Rank in North Carolina
- #9 of 288
- Clients
- 14
- Accounts
- 14
- Discretionary
- 100% of AUM
- Employees
- 128
- Advisory staff
- 0
- Offices
- 2
Owners and executives on its Form ADV
- Robert W. LongPartner, Chief Executive Officer, SPW
- Timothy A. SmithPartner, Chief Operating Officer, SPW
- Jennifer Y. IshiguroChief Legal Officer, Partner
- Bendukai E. BoueyChief Compliance Officer
- Brittney B. BaumanChief Financial Officer
Custody and brokerage
Custodian
Stepstone Private Wealth’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Stepstone Private Wealth is a hybrid RIA: 33 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 5 | $16B | 91% |
| Pooled investment vehicles | 9 | $1.7B | 9% |
Private funds
Stepstone Private Wealth reports 4 private funds with $2.4B in gross assets: venture capital funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Stepstone Private Wealth reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗stepstonegroup.com ↗
AtlasMembers
The full record on Stepstone Private Wealth
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, 6 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 436 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Stepstone Private Wealth manage?
Stepstone Private Wealth reports $17.9 billion in regulatory assets under management across 14 accounts, 100% of it on a discretionary basis, on its Form ADV filed June 29, 2026.
What kind of firm is Stepstone Private Wealth?
Stepstone Private Wealth is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. A public reporting company controls it.
Who are Stepstone Private Wealth’s clients?
By assets, its largest client types are investment companies ($16.2 billion, 5 clients); pooled investment vehicles ($1.7 billion, 9 clients).
Does Stepstone Private Wealth manage private funds?
Yes. It reports 4 private funds with $2.4 billion in gross assets, including venture capital funds, other private funds.
Does Stepstone Private Wealth have any disciplinary history?
Stepstone Private Wealth 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 Stepstone Private Wealth’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 (2026-06-29), 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 →