{ "crd_number": 141250, "slug": "morton-wealth-calabasas-ca-141250", "primary_business_name": "MORTON WEALTH", "legal_name": "MORTON CAPITAL MANAGEMENT, LLC", "dbas": [ "MORTON CORE SERVICES", "MORTON WEALTH" ], "city": "Calabasas", "state": "CA", "country": "United States", "cbsa_code": "31080", "metro": { "cbsa_code": "31080", "common_name": "Los Angeles", "msa_name": "Los Angeles-Long Beach-Anaheim, CA", "path": "/advisors/ca/los-angeles" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2006-07-01", "years_registered": 20, "period": "2026-10-01", "filing_date": "2026-05-05", "carried_forward": false, "raum_total": 3465652532.0, "raum_discretionary": 3429058681.0, "raum_non_discretionary": 36593851.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 58, "advisory_employees": 25, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 36619914.0, "count": 12 }, "individuals": { "raum": 452519239.0, "count": 491 }, "pension_profit_sharing": { "raum": 132776727.0, "count": 31 }, "high_net_worth_individuals": { "raum": 2732574004.0, "count": 724 }, "pooled_investment_vehicles": { "raum": 6997176.0, "count": 1 }, "corporations_other_businesses": { "raum": 104165472.0, "count": 20 } }, "compensation_types": [ "fixed", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "pension_consulting", "periodicals_newsletters", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AZ", "CA", "CO", "FL", "GA", "ID", "IL", "LA", "MN", "NC", "NV", "NY", "OH", "OR", "TX", "UT", "VA", "WA" ], "websites": [ "https://facebook.com/MORTONWEALTH", "https://facebook.com/PEOPLE/HERSELF-BY-MORTON", "https://instagram.com/herself_by_morton", "https://instagram.com/modearn", "https://instagram.com/mortonwealth", "https://linkedin.com/COMPANY/MORTONWEALTH", "https://mortonwealth.com", "https://vimeo.com/mortonwealth", "https://x.com/SartiJeff", "https://x.com/Strategist_by_M", "https://youtube.com/@modearnbymorton", "https://youtube.com/@morton_wealth" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/141250", "city_as_filed": "CALABASAS", "url": "https://advisorcensus.com/firm/morton-wealth-calabasas-ca-141250", "display_name": "Morton Wealth", "summary": "Morton Wealth is an SEC-registered investment advisory firm in Calabasas, CA, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 5, 2026.", "citation": "AdvisorCensus. Morton Wealth (CRD 141250): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Pension consulting services", "Selection of other advisers (including private fund managers)", "Publication of periodicals or newsletters", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Morton Wealth compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Morton Wealth reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)." }, { "q": "Where is Morton Wealth located?", "a": "Morton Wealth's principal office is in Calabasas, CA, according to its Form ADV." }, { "q": "Is Morton Wealth registered with the SEC or a state?", "a": "Morton Wealth is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 141250." }, { "q": "How much does Morton Wealth manage?", "a": "Morton Wealth reports $3,465,652,532 in regulatory assets under management in its Form ADV filing dated May 5, 2026 (99% discretionary)." }, { "q": "How have Morton Wealth's assets and staff changed since 2021?", "a": "In the Form ADV data for Morton Wealth: Regulatory assets under management: $2,210,883,036 in the October 2021 data and $3,465,652,532 in the October 2026 data, up 57%. Total employees: 47 in October 2021 and 58 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Morton Wealth serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (724); individuals (other than high net worth individuals) (491); pension and profit sharing plans (but not the plan participants or government pension plans) (31)." }, { "q": "Which custodians does Morton Wealth use?", "a": "Morton Wealth's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Morton Wealth report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/141250" }, { "q": "What changed in Morton Wealth's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 27 to 25. Regulatory assets under management went from $2,956,328,474 to $3,465,652,532 (+17%). Registered or notice-filed in VA." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2210883036.0, "total_employees": 47, "filing_date": "2021-06-28" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2416279148.0, "total_employees": 56, "filing_date": "2022-03-22" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2377712772.0, "total_employees": 53, "filing_date": "2023-05-11" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2645038579.0, "total_employees": 55, "filing_date": "2024-05-13" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2956328474.0, "total_employees": 57, "filing_date": "2025-05-15" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3465652532.0, "total_employees": 58, "filing_date": "2026-05-05" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 27 to 25.", "Regulatory assets under management went from $2,956,328,474 to $3,465,652,532 (+17%).", "Registered or notice-filed in VA." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/morton-wealth-calabasas-ca-141250.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 491, "fewer_than_5": false, "raum": 452519239.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 724, "fewer_than_5": false, "raum": 2732574004.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 6997176.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 31, "fewer_than_5": false, "raum": 132776727.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 12, "fewer_than_5": false, "raum": 36619914.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 20, "fewer_than_5": false, "raum": 104165472.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/141250", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }