Schrum Private Wealth Management, LLC
Firm details
- Headquarters
- St. Augustine, Florida
- CRD number
- 312164
- Registered since
- August 30, 2021
- Website
- www.schrumpw.com
- Custodians
- CHARLES SCHWAB & CO., INC., NATIONAL FINANCIAL SERVICES LLC
- Fee structure
- Percentage of AUM, Fixed Fees
- Client types
- HNWI72.93%
- Individuals25.98%
- Corporations / Businesses1.08%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients
Firm profile
FINTRXOverview
Schrum Private Wealth Management, LLC is an independent registered investment advisor organized as an LLC and SEC-registered in 2021. The firm is owned by an individual and serves both individual & family clients and institutional accounts. Its advisory services center on financial planning and portfolio management for individuals, small businesses, and institutions, and it charges clients via percentage-of-AUM fees and fixed fees. The firm reports being an active ESG investor, which suggests ESG considerations are integrated into its manager selection and public-market allocations. Schrum is not structured as a capital allocator or a multi-state adviser and does not act as a pension consultant or related adviser.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities83%
- Cash & Cash Equivalents6%
- US Government Bonds5%
- Public Funds/Mutual Funds5%
- State & Local Bonds1%
Contacts
3 of 3
Owen Schrum
Founding PartnerCRD 1259777
Mary Atkinson
Senior Vice PresidentCRD 4387763
Eric Schrum
Client ConsultantCRD 6605854
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 63Active vs passive
$67.3M in ETFs
91%
$61.2M
0%
$6.1M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TRUST (SPY) | State Street | Passive | Large Blend | $10.3M | 18,735 | 15.38% |
Location
St. Augustine, FL
Saint Johns
Location
St. Augustine, FL
Headquartered in St. Augustine, FL, anchoring the Jacksonville-St. Marys-Palatka, FL-GA metro in the South.
- Metro area
- Jacksonville-St. Marys-Palatka, FL-GA
- Region
- South
- County
- Saint Johns
- Address
- 3940 Lewis Speedway
- Time zone
- ET (UTC-5)
- Office locations
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