AUMdb

Scherer Financial Advisory Services, Llc

SEC-registered Insurance-Affiliated · Small ($100M–$1B) CRD 317435 · SEC file 801-122809 · Dallas, TX · schererfinancial.net
☆ Save with Pro ADV data as of May 08, 2026
Regulatory AUM
$158M
Discretionary
$133M
Clients
178
Avg AUM / client
$890K
Accounts
178
Employees
5

AUM over time

$0 $158M
Nov 3, 2021 May 8, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of May 08, 2026

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 119 $25.7M 16.2%
High net worth individuals 59 $133M 83.8%

People (3)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Scott Stephen Scherer Managing Member & Chief Compliance Officer CFP Nov 2018 (8y) 75% or more
Ian Michael O'shea Owner CFP Apr 2024 (2y) 25% – 50%
Howard William Montfort Registered representative Dec 2021 (5y)

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 05/08/2026 989 KB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management
  • Hourly charges
  • Commissions

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses
  • Educational seminars/workshops

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports it does not have custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 08, 2026.

View current Form ADV (SEC/IAPD) ↗