Karl Schorr Wealth Management, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$23,934,810
Clients
138
0% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
138
Very HighAverage account size
$173,441
About
The firm provides portfolio management and financial planning to individual clients and, on occasion, small businesses and non-profits. Like many independent advisers, it charges asset-based advisory fees and offers both comprehensive written financial plans and shorter, topic-specific consultations.
Its investment approach emphasizes asset-allocation targets and passive strategies, favoring low-cost index funds and ETFs while using active products only when a suitable index option is unavailable. The firm typically manages accounts on a discretionary basis, monitors holdings daily, and conducts formal client reviews quarterly.
Noteworthy distinctions include strategic consulting for 1031 real estate exchanges and maintaining Delaware Statutory Trust assets under advisement tied to a specific sponsor to date. The adviser also routinely recommends a single custodial platform whose proprietary research tools it uses (a soft-dollar benefit) and maintains a solicitor/referral arrangement with other financial professionals, practices that may be less common among similarly sized independent firms.
Client services
Financial planning
Portfolio management
Expertise
Passive / index investing
Options & derivatives strategies
Real estate investing
Wealth management
Fee options
Comprehensive Financial Plan: $950 fixed fee; Annual Financial Plan Review: $350 fixed fee
1% annually
Separate Financial Planning Consultations: $120 hourly fee
Account minimum: $50,000 Fee-only: Comprehensive Financial Plan: $950 fixed fee; Annual Financial Plan Review: $350 fixed fee; Separate Financial Planning Consultations: $120 hourly fee
Main office location
Karl Schorr Wealth Management, LLC
27186 Newport Road
Menifee CA 92584, United States
Number of offices
1
Most active in
Karl Schorr Wealth Management, LLC has reported serving >5 clients in these states in the last 12 months.
California
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.
Forms ADV
Quick links
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