Life Wise Planning Group LLC

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Client assets under management

$52,153,220

Clients

131

11% high-net worth

Advisors

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

High

Average account size

$398,116

About

Life Wise Planning Group provides discretionary portfolio management, financial planning, and consulting to individual and high‑net‑worth clients, business entities, and qualified retirement plans. The firm also offers modular planning services—including Social Security and pension analyses, Roth conversion review, long‑term care and estate document reviews—and an optional subscription income/cash‑flow management tool.

The firm implements client strategies using fundamental, technical, and cyclical analysis, and may engage third‑party sub‑advisors to manage portions of client assets or to maintain model strategies. It also employs an actively managed tactical sector rotation approach that can include leveraged and inverse ETFs, and conducts periodic account reviews to monitor allocations and risk.

A distinctive feature disclosed in the brochure is the firm’s affiliation with an insurance business: a firm principal conducts insurance activities and offers insurance products for separate compensation, a conflict of interest that the firm discloses and addresses through policies and client disclosures. The firm also offers mutual‑fund‑based account options and uses third‑party arrangements and limited‑custody mechanisms (including standing letters of authorization) for billing and account administration.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Retirement income strategy Social Security optimization Long-term care insurance Roth conversion strategy College savings (529s, UTMA, etc.)

Occupation focus

Retired Founder/Business Owner

Fee options

Fixed

Fixed fees between $75 and $4,000 for financial planning

Percentage

$0+: 1.90% annually (maximum, negotiable) $0+: 1.25% annually for accounts held at American Funds Service Company $0 - $10,000,000: 0.75% annually (ERISA Plan Services) $10,000,001 - $20,000,000: 0.25% annually (ERISA Plan Services) $20,000,001+: Negotiable (ERISA Plan Services)

Project-based

Up to $350 per hour for financial planning

Subscriptions

Subscription fee up to $100/month for Currence income management software

Other

Account minimum: $100,000 Fee-only: Hourly fees up to $350/hour; Fixed fees between $75 and $4,000 for financial planning

Main office location

Life Wise Planning Group LLC

8700 East Vista Bonita Drive, Suite 216

Scottsdale AZ 85255, United States

Number of offices

Most active in

Arizona · Wisconsin

Disclosures

Business activities & affiliations

Is active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Is not active or affiliated with:

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

Website 480-661-4071

Advisors at this firm

Scott S

Series 63, Series 65

Scottsdale, AZ

Life Wise Planning Group LLC

Scott Sorum is a financial advisor with Life Wise Planning Group LLC in Scottsdale, Arizona, holding Series 63 and Series 65 licenses and bringing 29 years of industry experience. His prior roles include positions at Premier Estate Planning, The O.N. Investment Management Co., and Premier Southwest Planning Group. He serves as a board member for Child's Wish Ministry, a nonprofit organization. Life Wise Planning Group LLC provides discretionary asset management, ERISA plan advisory services, and financial planning to individuals, business entities, and retirement plans. The firm manages approximately $52 million in assets using fundamental, technical, and cyclical analysis, with an actively managed Tactical Sector Rotation strategy and offers both ongoing portfolio management and modular planning engagements.

Retirement income strategy Social Security optimization Long-term care insurance Roth conversion strategy College savings (529s, UTMA, etc.) Retired Founder/Business Owner

Caleb B

Series 63, Series 65

Scottsdale, AZ

Life Wise Planning Group LLC

Caleb Bell is a financial advisor at Life Wise Planning Group LLC in Scottsdale, AZ, holding Series 63 and Series 65 licenses with three years of industry experience. His prior roles include positions at Vanguard Marketing Corporation and TriGuard Management LLC. Life Wise Planning Group LLC provides discretionary asset management, ERISA plan advisory services, and financial planning for individuals, business entities, and retirement plans, managing approximately $52 million in assets. The firm employs fundamental, technical, and cyclical analysis and offers an actively managed Tactical Sector Rotation strategy, along with various planning services ranging from comprehensive accumulation plans to Social Security maximization.

Retirement income strategy Social Security optimization Long-term care insurance Roth conversion strategy College savings (529s, UTMA, etc.) Retired Founder/Business Owner

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