Steven Cho
Steven Cho is a registered investment advisor at Herbert J. Sims Capital Management, INC., based in REd Bank, NJ, with 17 years of industry experience. Steven is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Charitable Giving, Estate Planning, High Net Worth, Insurance Planning, and 2 more. Their firm serves 350 clients with $440M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.50% |
| $500K - $1.0M | 2.00% |
| $1.0M - $2.5M | 1.75% |
| $2.5M - $5.0M | 1.50% |
| $5M+ | 1.25% |
Fees are generally subject to negotiation and typically range from 1.25% to 2.50% per year.
Fee Estimator
Location
331 Newman Springs Road, Building 2, Suite 312- 3rd Floor, REd Bank, NJ, 07701
Get directionsHistory
Regulatory History (3)
Customer Dispute
December 2025Customer Dispute
August 2025Customer Dispute
September 2021Other Business ActivitiesSells Insurance
Steven receives residual compensation from BGD Communications, a telecom company, but has no active duties. He dedicates about 45% of his time to HJ Sims Capital Management and approximately 5% to insurance-related business.
Employment History
Current Registrations
Herbert J. Sims Capital Management, INC.
Herbert J. Sims & CO, INC.Broker
Previous Registrations
David Lerner Associates, INC.Broker
State Registrations24 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.