Purus Wealth Management, LLC logo

Purus Wealth Management, LLC

Updated today

Client assets under management

$448,610,928

Clients

635

15% high-net worth

Advisors

6

of 12 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

106

High

Average account size

$706,474

About

Purus Wealth Management provides investment management, financial planning, and pension consulting to individuals, high net worth clients, trusts, pension and corporate clients, overseeing roughly $658 million across about 635 client relationships. The firm delivers portfolio management primarily through a wrap-fee asset management program (PAM) and also offers written financial plans, ongoing pension consulting for plan sponsors, and ad hoc consulting services.

The firm’s investment process incorporates both fundamental and technical analysis and employs a range of strategies — including long- and short-term holdings, trading, short sales, options, margin, private funds and interval funds — with portfolios tailored to clients’ objectives and risk tolerances. Purus offers discretionary management (with client-imposed restrictions permitted under PAM), a non-wrap “held-away” solution using the Pontera platform to avoid custody, and educates plan sponsors that it will act as an ERISA fiduciary when engaged for pension consulting.

What sets Purus apart from many peers is its client education program: it hosts PSS seminars on topics such as budgeting, market overviews, estate planning, retirement and investments, and discloses that product wholesalers sometimes help fund such events. The firm also operates a wrap-fee program while retaining a non-wrap held-away option, and is licensed as an insurance agency (Purus Insurance Services), with advisors able to offer insurance products for which they may receive customary commissions as disclosed to clients.

Client services

Financial planning Portfolio management Pension consulting Educational seminars or workshops

Expertise

Private / alternative investments Business succession planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Flat fees generally range from $1,500 to $20,000 for financial planning and consulting services; flat fees up to $45,000 for pension consulting services; seminar attendance fee up to $500.

Percentage

$0 - $2,000,000: 1.50% annually $2,000,000 - $5,000,000: 0.75% annually $5,000,000 - $10,000,000: 0.50% annually $10,000,000+: 0.20% annually

Project-based

Hourly fees up to $500 for financial planning and consulting services.

Other

Fee-only: Hourly fees up to $500; flat fees ranging from $1,500 to $20,000 for financial planning and consulting services; flat fees up to $45,000 or annualized fees for pension consulting as per tiered schedule; seminar attendance fee up to $500.

Main office location

Purus Wealth Management, LLC

4675 Macarthur Court, Suite 770

Newport Beach CA 92660, United States

Number of offices

1

Most active in

Arizona · California · Florida · Louisiana · Nebraska · Nevada · New York · Oregon · Texas · Utah

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Chad M

Series 65

Fort Worth, TX

Purus Wealth Management, LLC

Chad Morris is a financial advisor at Purus Wealth Management, LLC in Fort Worth, TX, holding a Series 65 credential. He has been with Purus Wealth Management since 2020 and has prior work experience including roles at Goosehead Insurance and SciCan. Outside of finance, Morris serves as a firefighter with the Fort Worth Fire Department and co-owns a holiday lighting service called The Brigade Brothers. Purus Wealth Management serves individuals, trusts, pension plans, and business entities by providing investment advisory, financial planning, pension consulting, and educational services. The firm combines fundamental and technical analysis across a range of investment strategies and offers both wrap-fee asset management and a formal seminar program on financial topics.

Private / alternative investments Business succession planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Mark L

CFP®, Series 63, Series 65

Newport Beach, CA

Purus Wealth Management, LLC

Mark Larsen is a CFP® with 38 years of industry experience, currently serving as managing partner and CEO at Purus Wealth Management, LLC. He has been with Purus Wealth Management since 2015 and also leads MANB Inc., a marketing and business management firm. Purus Wealth Management provides investment advisory, financial planning, pension consulting, and educational services to individuals, trusts, pension plans, and business entities. The firm employs a diverse investment approach, combining fundamental and technical analysis across various instruments, and offers portfolio management, written financial plans, and ongoing pension-plan oversight.

Private / alternative investments Business succession planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Laura S

Series 66

Newport Beach, CA

Purus Wealth Management, LLC

Laura Sillen is a financial advisor at Purus Wealth Management, LLC in Newport Beach, CA, holding a Series 66 designation with 15 years of industry experience. She has been with Purus Wealth Management and MANB, Inc. since 2015. Outside of her advisory role, she is involved in insurance sales as an agent and assists with marketing and business management at MANB, Inc. Purus Wealth Management serves individuals, trusts, pension plans, and business entities with investment advisory, financial planning, pension consulting, and educational services. The firm employs a range of investment strategies tailored to client goals and risk tolerance, combining fundamental and technical analysis, and offers portfolio management alongside an educational seminar program.

Private / alternative investments Business succession planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Bonnie L

Series 66

Newport Beach, CA

Purus Wealth Management, LLC

Bonnie Larsen is a financial advisor at Purus Wealth Management, LLC with 15 years of industry experience. She holds a Series 66 designation and has been with Purus Wealth Management since 2015. In addition to her advisory role, she is an officer at MANB, Inc., where she is involved in marketing activities. Purus Wealth Management serves individuals, trusts, pension plans, and business entities by providing investment advisory, financial planning, pension consulting, and educational services. The firm customizes investment strategies using both fundamental and technical analysis and offers a range of portfolio management options alongside a client seminar program.

Private / alternative investments Business succession planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Lauren R

Series 66

Newport Beach, CA

Purus Wealth Management, LLC

Lauren Rivera is a Series 66-licensed financial advisor with 17 years of industry experience. She has been with Purus Wealth Management, LLC since 2015 and is also involved with Manb, Inc as a marketing consultant. Additionally, Rivera works as an insurance agent with various carriers in Trabuco Canyon, CA. Purus Wealth Management serves individuals, trusts, pension plans, and business entities by providing investment advisory, financial planning, pension consulting, and educational services. The firm employs a range of investment strategies tailored to client goals and risk tolerance, combining portfolio management with a formal educational seminar program and ongoing pension-plan oversight.

Private / alternative investments Business succession planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

John M

CFP®, Series 63, Series 66

Newport Beach, CA

Purus Wealth Management, LLC

John Morreale is a CFP® with 28 years of industry experience, currently serving at Purus Wealth Management, LLC. He has been with Purus and its related entity MANB, Inc. since 2015, where he coordinates marketing activities and is involved in fixed insurance sales. Purus Wealth Management serves individuals, trusts, pension plans, and business entities with investment advisory, financial planning, pension consulting, and educational services. The firm combines portfolio management with a formal seminar program and employs a range of investment strategies tailored to client goals and risk tolerance.

Private / alternative investments Business succession planning General estate planning guidance Charitable giving & philanthropy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
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