STEIN ROE ADVISOR TRUST
Stein Roe Advisor Growth & Income Fund
Supplement to Feb. 14, 1997 Prospectus
Effective Oct. 1, 1997, the Fund's shares will be
distributed by Colonial Investment Services, Inc., which will
change its name to Liberty Financial Investments, Inc. on
Oct. 15, 1997. Fund shares formerly were distributed by
Liberty Securities Corporation. Liberty Securities
Corporation and Colonial Investment Services, Inc. are both
wholly owned indirect subsidiaries of Liberty Financial
Companies, Inc.
The business address of Colonial Investment Services,
Inc. is One Financial Center, Boston, Massachusetts 02111-
2621. All Fund correspondence (including purchase and
redemption orders), however, should be mailed to Colonial at
P.O. Box 1722, Boston, Massachusetts 02105-1722.
This supplement is dated Sept. 30, 1997
<PAGE>
STEIN ROE ADVISOR TRUST
Stein Roe Advisor International Fund
Supplement to Feb. 14, 1997 Prospectus
Effective Oct. 1, 1997, the Fund's shares will be
distributed by Colonial Investment Services, Inc., which will
change its name to Liberty Financial Investments, Inc. on
Oct. 15, 1997. Fund shares formerly were distributed by
Liberty Securities Corporation. Liberty Securities
Corporation and Colonial Investment Services, Inc. are both
wholly owned indirect subsidiaries of Liberty Financial
Companies, Inc.
The business address of Colonial Investment Services,
Inc. is One Financial Center, Boston, Massachusetts 02111-
2621. All Fund correspondence (including purchase and
redemption orders), however, should be mailed to Colonial at
P.O. Box 1722, Boston, Massachusetts 02105-1722.
This supplement is dated Sept. 30, 1997
<PAGE>
STEIN ROE ADVISOR TRUST
Stein Roe Advisor Young Investor Fund
Supplement to Feb. 14, 1997 Prospectus
Effective Oct. 1, 1997, the Fund's shares will be
distributed by Colonial Investment Services, Inc., which will
change its name to Liberty Financial Investments, Inc. on
Oct. 15, 1997. Fund shares formerly were distributed by
Liberty Securities Corporation. Liberty Securities
Corporation and Colonial Investment Services, Inc. are both
wholly owned indirect subsidiaries of Liberty Financial
Companies, Inc.
The business address of Colonial Investment Services,
Inc. is One Financial Center, Boston, Massachusetts 02111-
2621. All Fund correspondence (including purchase and
redemption orders), however, should be mailed to Colonial at
P.O. Box 1722, Boston, Massachusetts 02105-1722.
This supplement is dated Sept. 30, 1997
<PAGE>
STEIN ROE ADVISOR TRUST
Stein Roe Advisor Special Venture Fund
Supplement to Feb. 14, 1997 Prospectus
Effective Oct. 1, 1997, the Fund's shares will be
distributed by Colonial Investment Services, Inc., which will
change its name to Liberty Financial Investments, Inc. on
Oct. 15, 1997. Fund shares formerly were distributed by
Liberty Securities Corporation. Liberty Securities
Corporation and Colonial Investment Services, Inc. are both
wholly owned indirect subsidiaries of Liberty Financial
Companies, Inc.
The business address of Colonial Investment Services,
Inc. is One Financial Center, Boston, Massachusetts 02111-
2621. All Fund correspondence (including purchase and
redemption orders), however, should be mailed to Colonial at
P.O. Box 1722, Boston, Massachusetts 02105-1722.
This supplement is dated Sept. 30, 1997
<PAGE>
STEIN ROE ADVISOR TRUST
Stein Roe Advisor Balanced Fund
Supplement to Feb. 14, 1997 Prospectus
Effective Oct. 1, 1997, the Fund's shares will be
distributed by Colonial Investment Services, Inc., which will
change its name to Liberty Financial Investments, Inc. on
Oct. 15, 1997. Fund shares formerly were distributed by
Liberty Securities Corporation. Liberty Securities
Corporation and Colonial Investment Services, Inc. are both
wholly owned indirect subsidiaries of Liberty Financial
Companies, Inc.
The business address of Colonial Investment Services,
Inc. is One Financial Center, Boston, Massachusetts 02111-
2621. All Fund correspondence (including purchase and
redemption orders), however, should be mailed to Colonial at
P.O. Box 1722, Boston, Massachusetts 02105-1722.
This supplement is dated Sept. 30, 1997
<PAGE>
STEIN ROE ADVISOR TRUST
Stein Roe Advisor Growth Stock Fund
Supplement to Feb. 14, 1997 Prospectus
Effective Oct. 1, 1997, the Fund's shares will be
distributed by Colonial Investment Services, Inc., which will
change its name to Liberty Financial Investments, Inc. on
Oct. 15, 1997. Fund shares formerly were distributed by
Liberty Securities Corporation. Liberty Securities
Corporation and Colonial Investment Services, Inc. are both
wholly owned indirect subsidiaries of Liberty Financial
Companies, Inc.
The business address of Colonial Investment Services,
Inc. is One Financial Center, Boston, Massachusetts 02111-
2621. All Fund correspondence (including purchase and
redemption orders), however, should be mailed to Colonial at
P.O. Box 1722, Boston, Massachusetts 02105-1722.
This supplement is dated Sept. 30, 1997
<PAGE>
STEIN ROE ADVISOR TRUST
Stein Roe Advisor Special Fund
Supplement to Feb. 14, 1997 Prospectus
Effective Oct. 1, 1997, the Fund's shares will be
distributed by Colonial Investment Services, Inc., which will
change its name to Liberty Financial Investments, Inc. on
Oct. 15, 1997. Fund shares formerly were distributed by
Liberty Securities Corporation. Liberty Securities
Corporation and Colonial Investment Services, Inc. are both
wholly owned indirect subsidiaries of Liberty Financial
Companies, Inc.
The business address of Colonial Investment Services,
Inc. is One Financial Center, Boston, Massachusetts 02111-
2621. All Fund correspondence (including purchase and
redemption orders), however, should be mailed to Colonial at
P.O. Box 1722, Boston, Massachusetts 02105-1722.
This supplement is dated Sept. 30, 1997
