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Steele Capital Management, Inc.

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Total assets under management

$3,547,339,793

Total clients

1,521

38% high-net worth

Total advisors

15

of 15 employees

Firm size

Multi Team

Average clients per advisor

101

Average account size

$2,332,242

About

Steele Capital Management provides fee-only investment advisory and retirement plan consulting to individuals (including high-net-worth clients) and company-sponsored retirement plans, along with participant education and financial planning made available at no additional charge to investment management clients. The firm offers portfolio management for both individual accounts and retirement-plan assets under discretionary and non-discretionary arrangements.

SCM’s investment approach emphasizes long-term, generally passive, low-fee strategies implemented through diversified mutual funds and ETFs, disciplined screening of investments, periodic rebalancing, and quarterly performance monitoring tailored to each client’s risk profile and objectives. For retirement plans the firm acts as an ERISA fiduciary when engaged on a discretionary basis and provides IPS-driven line-up construction, ongoing monitoring, and participant education when engaged non-discretionarily.

A noteworthy distinction is SCM’s role as subadvisor to the Strategic Roadmap Portfolios: five Collective Investment Funds (CIFs) sponsored by Matrix Trust Company that the firm manages for use in retirement plans, reflecting involvement with pooled institutional vehicles that relatively few multi-team firms provide. The brochure also discloses the firm’s use of third-party referral arrangements (including paid promoters and prior participation in Schwab’s referral network) and indicates the use of client testimonials in its marketing materials, elements that shape how it acquires and communicates with clients.

Client services

Financial planning Portfolio management Pension consulting

Expertise

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Founder/Business Owner

Fee options

Fixed

Flat fees for selected retirement plan consulting services, generally client specific, typically subject to a minimum of $20,000

Percentage

$0+: Up to 1.5% annually for Individual Advisory Services $0+: Up to 1.25% annually for Retirement Plan Consulting Services

Project-based

Hourly fees for selected retirement plan consulting services range from $100 to $450 per hour

Other

Minimum fee: Annual minimum fee negotiable; for retirement plan consulting flat fees typically subject to a minimum of $20,000 Fee-only: Investment management services provided on a fee-only basis, no commissions received by SCM

Main office location

Steele Capital Management, Inc.

1000 Jackson Street, Suite 201

Dubuque IA 52001, United States

Number of offices

3

Most active in

Arizona · California · Colorado · Florida · Georgia · Illinois · Indiana · Iowa · Michigan · Minnesota · Missouri · Nebraska · New York · North Carolina · Pennsylvania · South Carolina · South Dakota · Tennessee · Texas · Wisconsin

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Vernon H

Series 65

Dakota Dunes, SD

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Brett W

CFA®, Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Christopher B

CFP®, Series 63, Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Martin S

Series 63, Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

William S

CFP®, Series 63

Waukee, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Bradley L

CFP®

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Jennifer K

Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Nicholas H

Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Trent S

Series 63, Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Michael S

Series 63

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Kathryn M

Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Thomas H

Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Justin S

Series 66

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Nicholas S

CFP®, Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Dawn O

Series 65

Dubuque, IA

Steele Capital Management, Inc.

General retirement planning Social Security optimization Wealth management Passive / index investing Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
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