Steven Cho
Steven Cho is a registered investment advisor at Herbert J. Sims Capital Management, INC., based in Fairfield, CT, with 16 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning. Their firm serves 221 clients with $190M 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% |
Advisory fees are subject to negotiation and typically range from 1.25% to 2.50% of the initial value of the assets in the account per year, depending on the size of the account or household and services covered. Envestnet charges a flat annual operational fee of $25 based on services provided.
Fee Estimator
Location
2150 Post Road, Suite 301, Fairfield, CT, 06824
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 Registrations19 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.