STEEL TOWER INVESTMENTS

RIASEC RegisteredEst. 2024

Total AUM

$259M

Discretionary

$259M

100% of AUM

Avg account

$1.4M

Accounts

182

Employees

Advisory reps

Firm details

Headquarters: PITTSBURGH, Pennsylvania
CRD number: 166742
Registered since: June 18, 2024
Website: www.steeltowerinv.com
Custodians: CHARLES SCHWAB & CO., INC., NATC, COMERICA SECURITIES,INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI82.02%
Insurance Companies14.03%
Individuals3.07%
Corporations / Businesses0.79%
Charitable Organizations0.09%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Steel Tower Investments is an SEC-registered limited liability company that operates as an insurance broker-dealer and a capital allocator for both individual/family and institutional clients. The firm registered with the SEC in 2024 and combines advisory roles—financial planning, portfolio management for individuals and small businesses, pension consulting, and selection of other advisers—with brokerage and insurance-affiliated activities. Fee arrangements include percentage-of-AUM billing alongside hourly and fixed-fee options. The firm is not positioned as an ESG investor and does not operate as a multi-state adviser. Its industry connections extend beyond investment advisory to include broker-dealer, other investment adviser, accounting, and insurance company affiliations, which suggests integration of insurance and custodial or back-office relationships into client solutions.