Stein Roe Advisor Trust
Advisor Growth Stock Fund
Supplement to Prospectus
dated February 2, 1998
Effective June 1, 1998, Liberty Financial Investments, Inc.
(the "Distributor") will pay an additional 1% commission
(total commission of 5%) to financial service firms on sales
of Class B shares of the above Fund to their clients or
customers. The commission will be paid directly from the
Distributor's assets and will not affect the expenses paid
by Fund shareholders. Financial service firms may waive
receipt of all or a portion of these payments.
This Supplement is
Dated May 29, 1998
SG-36/319F-0598
