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Shawn Quam-Schulz

Merit Financial Advisors
21 Years of Experience
Rockford, IL
1 DisclosureBrokerSells Insurance
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Shawn Quam-Schulz is a registered investment advisor at Merit Financial Advisors, based in Rockford, IL, with 21 years of industry experience. Shawn is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Corporate Executives, and 7 more. Their firm serves 20,711 clients with $24B in assets under management.

Merit Financial Advisors
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
287 advisors
Number of Clients
20,711 clients
Average Client Portfolio
$1.2M average
Assets Under Management
$23.9B

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Annual asset management fee ranges up to a maximum of 2.50% and is negotiable. Independent contractor accounts may incur an additional platform fee of 0.25% to 0.35%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

6885 Vistagreen Way, Suite A, Rockford, IL, 61107

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Financial
January 2021
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Shawn co-owns The Wood Shop, selling custom wood works with their spouse, dedicating minimal time. Shawn also sells fixed insurance, dedicating minimal time to this investment-related activity.

Employment History
Current Registrations
Purshe Kaplan Sterling InvestmentsBroker
November 2025 - Present · 11 mos
Merit Financial Advisors
November 2025 - Present · 11 mos
Previous Registrations
Commonwealth Financial NetworkBroker
February 2021 - November 2025 · 4 yrs 9 mos
Commonwealth Financial Network
February 2021 - November 2025 · 4 yrs 9 mos
Ameriprise Financial Services, LLC.
August 2005 - March 2021 · 15 yrs 7 mos
Ameriprise Financial Services, LLCBroker
January 2005 - March 2021 · 16 yrs 2 mos
Ids Life Insurance CompanyBroker
January 2005 - July 2006 · 1 yr 6 mos
State Registrations22 states
ARAZCACOFLGAIAILINKSMIMNMONCOHORTNTXVAVTWAWI
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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