# Schrum Private Wealth Management, LLC

> Schrum Private Wealth Management, LLC is an SEC-registered investment advisory firm in Saint Augustine, FL, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 312164
- Filed as: SCHRUM PRIVATE WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Saint Augustine, FL
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/312164
- AdvisorCensus page: https://advisorcensus.com/firm/schrum-private-wealth-management-llc-saint-augustine-fl-312164

## Quick answers

**How is Schrum Private Wealth Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Schrum Private Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**What does Schrum Private Wealth Management, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 25, 2026 states: Asset-based fee: 0.45% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Schrum Private Wealth Management, LLC located?**
Schrum Private Wealth Management, LLC's principal office is in Saint Augustine, FL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Schrum Private Wealth Management, LLC registered with the SEC or a state?**
Schrum Private Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 312164.

**How much does Schrum Private Wealth Management, LLC manage?**
Schrum Private Wealth Management, LLC reports $185,947,743 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Schrum Private Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Schrum Private Wealth Management, LLC: Regulatory assets under management: $0 in the October 2021 data and $185,947,743 in the October 2026 data. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Schrum Private Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (136); high net worth individuals (32); corporations or other businesses not listed above (5).

**Which custodians does Schrum Private Wealth Management, LLC use?**
Schrum Private Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Schrum Private Wealth Management, LLC report any disciplinary disclosures?**
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/312164

**Does Schrum Private Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 25, 2026 says: "There are no minimum account assets required for Investment Management Services."

**What changed in Schrum Private Wealth Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $166,432,084 to $185,947,743 (+12%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- Asset-based fee: 0.45% to 1.5% a year (a range, as the brochure states it)

> The Annual Advisory Fee is calculated based upon a percentage of assets under management and generally range from .45% to 1.5%, depending on the size and composition of a client’s portfolio, the type and amount of services rendered and the individual(s) providing the services.

- Account minimum: None

> There are no minimum account assets required for Investment Management Services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $185,947,743
- Discretionary: $185,845,523
- Non-discretionary: $102,220

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 136 | $48,313,075 |
| High net worth individuals | 32 | $135,620,125 |
| Corporations or other businesses not listed above | 5 | $2,014,543 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2021 (5 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Raleigh, NC

### Websites listed on Form ADV (Item 1.I)
- christianretirementplanner.com
- schrumpw.com
- Facebook @SchrumPrivateWealthManagement

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $0 | 3 | September 14, 2021 |
| October 2022 | $160,859,716 | 3 | May 9, 2022 |
| October 2023 | $132,010,141 | 3 | May 9, 2023 |
| October 2024 | $146,854,233 | 3 | March 28, 2024 |
| October 2025 | $166,432,084 | 3 | March 13, 2025 |
| October 2026 | $185,947,743 | 3 | March 25, 2026 |

Regulatory assets under management: $0 in the October 2021 data and $185,947,743 in the October 2026 data.
Total employees: 3 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $166,432,084 to $185,947,743 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Schrum Private Wealth Management, LLC (CRD 312164): Form ADV filing data as of October 2026.