Steven M. Lear

AFFIANCE FINANCIAL LLC

St. Louis Park, MN 55426

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CRD#: 708089

Professional summary

Steven Michael Lear is a registered financial advisor currently at AFFIANCE FINANCIAL LLC located in St. Louis Park, Minnesota and PRIVATE CLIENT SERVICES, LLC located in St. Louis Park, Minnesota.

Steven is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1980. Steven has worked at 7 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 1 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

None

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

1) Fixed insurance with various companies, investment related, agent. 2) Affiance Financial, LLC, investment related, address same as registered location, RIA firm, advisory representative, start date 07/2011, 160 hrs/mo, 130 during trading hrs, services to include investment management and financial planning. 3) Best Prep, not investment related, 7100 Northland Circle N #402, Brooklyn Park, MN 55428, promote financial literacy to young people, board member, 20 hrs/mo. 4) Tolerance in Motion, not investment related, 12 N 12th St, Suite 480, Minneapolis, MN 55403, educational non-profit, member of board of directors, start date 07/2012. 5) Nechama Jewish Response to Disaster, not investment related, 4330 Cedar Lake RD, St. Louis Park, MN 55416, disaster response organization, start date 08/2017, volunteer 1 hrs/mo, 0 during trading. 6) Sabes Jewish Community Center, not investment related, 4330 Cedar Lake RD S, St. Louis Park, MN 55416, community center, start date 08/2017, volunteer fundraiser, 1 hr/mo, 0 during trading hrs. 7) Herzl Camp, not investment related, 4330 Cedar Lake RD S, St. Louis Park, MN 55416, start date 08/2017, volunteer fundraiser, 1 hr/mo, 0 during trading hrs. 8) Negotiating Strategies Institute (formerly Shades), not investment related, 500 New Jersey Ave, Suite 800, Washington, DC 20001, negotiating program to assist those living in the Middle East, start date 08/2017, volunteer fundraiser, 10 hrs/mo, 1 during trading hrs. 9) Affiance Financial, Inc., investment related, 600 Hwy 169 S #1750 St Louis Park, MN 55426, holding company for Affiance Financial, LLC., start date 01/2000, CEO, holding Company for Mr. Lear's ownership in Affiance Financial, LLC. 10) Mpls Jewish Community Foundation, 13100 Wayzata Blvd, Ste 200, Minnetonka, MN 55305, community foundation, chairperson, 10 hrs/mo; 2 during trading hrs. 11) Mlps Jewish Federation, 13100 Wayzata Blvd, #200, Minnetonka, MN 55305, the United Way of the Jewish Community, serve on the board. 2 hrs/mo 0 during trading hrs. 12) AdvisorNet Financial, 701 4th Ave, S Ste 1500, Mpls, MN 55415, insurance sales, previous B/D relationship and insurance general agent, 0 hrs/mo, 0 during trading hrs. 13) MN Council of Economic Education, advocate professional development programs, board member, 20 hrs/mo, 20 during trading hrs. 14) Financial Planning Association of MN Pro Bono Program, 1601 Utica Ave S, Suite 213, Mpls, MN 55416, the FPA of MN has partnered with the University of MN medical school to provide pro bono financial planning services to medical students, 1 hrs/mo,1 during trading hrs. 15) Stevelear.org, 317 Groveland Ave, Unit 303 Minneapolis, MN 55403, founder, distributing content on leadership, financial literacy, and generosity to the public.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Steven Michael Lear's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

January 23, 2014 - Present

AFFIANCE FINANCIAL LLC

Office #1: 600 Highway 169 South Suite 1750, St. Louis Park, MN 55426Office #2: 600 Highway 169 South Suite 1140, Minneapolis, MN 55426

RIA

CRD#: 113200

St. Louis Park, MN

Current

July 3, 2019 - Present

PRIVATE CLIENT SERVICES, LLC

Office #1: 600 Highway 169 South, St. Louis Park, MN 55426

RIA

CRD#: 120222

St. Louis Park, MN

Current

May 15, 2017 - Present

PRIVATE CLIENT SERVICES, LLC

Office #1: 600 Highway 169 South, St. Louis Park, MN 55426

RIA

CRD#: 120222

St. Louis Park, MN

Past

April 29, 2008 - May 16, 2017

CETERA WEALTH SERVICES, LLC

RIA

CRD#: 13572

ST LOUIS PARK, MN

Past

November 2, 1993 - May 16, 2017

CETERA WEALTH SERVICES, LLC

CRD#: 13572

ST LOUIS PARK, MN

Past

October 11, 1985 - November 9, 1993

AAM SECURITIES, INC.

CRD#: 15383

Past

May 6, 1980 - October 21, 1985

AMERIPRISE FINANCIAL SERVICES, LLC

CRD#: 6363

Past

May 6, 1980 - October 21, 1985

IDS LIFE INSURANCE COMPANY

CRD#: 6321

Past

May 6, 1980 - October 21, 1985

AMERICAN EXPRESS FINANCIAL CORPORATION

CRD#: 6320

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

AFFIANCE FINANCIAL LLC

AFFIANCE FINANCIAL | AFFIANCE FINANCIAL, LLC | AFFIANCE FINANCIAL LLC

CRD#: 113200 / SEC#: 801-78208

RIA

Registered Investment Advisory firm - (6/17/2013 Approved)

Minnesota

Registered Investment Advisory firm - (6/24/2013 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

Arizona
(5/15/2017)

California
(5/15/2017)

Colorado
(5/15/2017)

Connecticut
(5/15/2017)

District of Columbia
(5/15/2017)

Florida
(5/15/2017)

Georgia
(5/15/2017)

Illinois
(5/15/2017)

Kansas
(5/15/2017)

Maryland
(8/25/2022)

Massachusetts
(5/15/2017)

Michigan
(5/15/2017)

IAR

Minnesota
(1/23/2014)

Minnesota
(5/15/2017)

Missouri
(8/25/2022)

Montana
(5/15/2017)

Nebraska
(5/15/2017)

Nevada
(5/15/2017)

New Hampshire
(2/12/2020)

New York
(5/15/2017)

North Carolina
(5/15/2017)

North Dakota
(5/15/2017)

Ohio
(5/15/2017)

Oklahoma
(11/20/2018)

Oregon
(5/15/2017)

Pennsylvania
(5/15/2017)

Rhode Island
(5/15/2017)

South Dakota
(5/15/2017)

Tennessee
(5/15/2017)

Texas
(5/15/2017)

Utah
(3/12/2024)

Washington
(5/15/2017)

Wisconsin
(5/15/2017)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 65

Date: 8/12/1999

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 4/28/1980

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 2/2/1994

General Securities Representative Examination

General Industry/Product Exam

Series 1

Date: 4/24/1980

Registered Representative Examination

Principal/Supervisory Exam

Series 24

Date: 11/28/2000

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

AFFIANCE FINANCIAL LLC

AFFIANCE FINANCIAL | AFFIANCE FINANCIAL, LLC | AFFIANCE FINANCIAL LLC

CRD#: 113200 / SEC#: 801-78208

RIA

Registered Investment Advisory firm - (6/17/2013 Approved)

Minnesota

Registered Investment Advisory firm - (6/24/2013 Terminated)

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Contact information

Main Address

600 Highway 169 South Suite 1750, St. Louis Park, MN 55426

Mailing Address

Phone number

(952) 544-9818

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (26 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

AFFIANCE FORM ADV BROCHURE (9/30/2025)

Regulatory assets under management

Total Number of Accounts	3,799
AUM (Assets Under Management)	$ 1,145,705,199

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Advisor Monitoring

Firm Stability Insights

Steven M. Lear

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Steven Michael Lear's CRS (Customer Relationship Summary).

Certified licenses

Experience

PRIVATE CLIENT SERVICES, LLC

PRIVATE CLIENT SERVICES, LLC

CETERA WEALTH SERVICES, LLC

CETERA WEALTH SERVICES, LLC

AAM SECURITIES, INC.

AMERIPRISE FINANCIAL SERVICES, LLC

IDS LIFE INSURANCE COMPANY

AMERICAN EXPRESS FINANCIAL CORPORATION

Primary Firm SEC Registration

AFFIANCE FINANCIAL LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 8/12/1999

Series 63

Date: 4/28/1980

SIE

Date: 10/1/2018

Series 7

Date: 2/2/1994

Series 1

Date: 4/24/1980

Series 24

Date: 11/28/2000

FINRA

Current Firm

AFFIANCE FINANCIAL LLC

Contact information

SEC notice filing (26 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

AFFIANCE FINANCIAL LLC

TRUST BUT VERIFY

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