C
Cheryl Morhauser & Associates
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$22,875,465
Total clients
25
32% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
25
Average account size
$915,019
About
Cheryl Morhauser & Associates is a small, fee‑only independent advisory firm serving individuals and couples as well as small businesses, pension and profit‑sharing plans, trusts, estates, and charitable organizations. The firm provides comprehensive financial planning, ongoing investment management, and limited‑scope or hourly planning engagements.
The firm manages approximately $22.9 million for about 25 clients and operates with a primarily non‑discretionary model, placing trades under a limited power of attorney only after clients have reviewed and consented to recommendations. Portfolios are built with diversified asset‑class allocations using no‑load/low‑load mutual funds and ETFs, with a preference for actively managed funds and a buy‑and‑hold approach where trading is generally limited to rebalancing.
What is noteworthy compared with many peers is the firm’s consistent non‑discretionary practice and individualized account handling — it does not use model portfolios or aggregate trades across clients. The firm is strictly fee‑only, does not accept commissions or referral compensation, provides written quarterly reporting, and leaves proxy voting to clients.
Client services
Financial planning
Portfolio management
Fee options
$350 initial exploratory meeting (may be credited to subsequent planning fee); $5,000 base flat fee for comprehensive financial plan (adjustable)
$0 - $150,000: $1800 flat fee $150,001 - $750,000: 1.25% $750,001 - $1,250,000: 1.00% $1,250,001+: 0.90%
$350 per hour for limited scope planning or follow-up implementation work
Account minimum: No minimum account size for asset management services (flat fee applies for accounts under $150,000) Minimum fee: $1800 annual flat fee for assets under $150,000, minimum annual fee is $1800 and is negotiable Fee-only: Flat fee for financial plans starting at $5,000 (adjustable based on complexity) and $350 per hour for follow-up implementation work or limited scope hourly planning engagements
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Main office location
Cheryl Morhauser & Associates
Grass Valley CA, United States
Number of offices
1
Forms ADV
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