Keystone Wealth Management
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$120,425,753
This total excludes 5 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
207
21% high-net-worth
Advisors
1
of 2 employees
Firm type
Independent
1 advisor with up to 2 employees
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
207
Very HighAverage account size
$581,767
About
Keystone Wealth Management serves individual and high-net-worth clients as well as small-business retirement plan sponsors, offering discretionary and non-discretionary portfolio management, financial planning, financial consulting, and fiduciary retirement plan consulting. The firm delivers written financial plans and participant education as part of its services and provides ongoing account monitoring and reporting.
Investment strategies are tailored to each client and emphasize mutual funds, fundamental analysis, and longer-term holdings, with cash swept into the custodian’s money market vehicle; the firm conducts ongoing monitoring and at least annual reviews while encouraging clients to consult tax professionals. Keystone typically uses Schwab as its custodian and aggregates related household accounts for fee and management purposes, and it may combine model-driven oversight with individualized constraints set by clients.
Distinctive features include an unusually high client load for a single advising professional — roughly 200+ client relationships — which the firm manages through aggregation and model-based reviews and by providing some held-away account access for reporting and oversight, a practice that creates additional custody considerations and requires an independent surprise examination. The firm’s owner is also licensed to sell insurance and may receive commissions on insurance products, a disclosed conflict the firm says it mitigates through disclosure and by recommending only products believed appropriate for clients.
Client services
Financial planning
Portfolio management
Pension consulting
Expertise
Life insurance needs analysis
Fee options
1% annually (negotiable)
Commission-based compensation earned on sale of insurance products by Mr. Becker, separate from advisory fees
Main office location
Keystone Wealth Management
999 Home Plaza, Suite 100 G
Waterloo IA 50701, United States
Number of offices
2
Most active in
Keystone Wealth Management has reported serving >5 clients in these states in the last 12 months.
Iowa · Minnesota · Texas
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.
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