Scott Sorum
Scott Sorum is a registered investment advisor at Life Wise Planning Group LLC, based in Scottsdale, AZ, with 29 years of industry experience. Scott operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 2 more. Their firm serves 152 clients with $52M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.90% |
The annual fee may be negotiable. For accounts held at American Funds Service Company, the fee is up to 1.25% annually.
Fee Estimator
Location
8700 East Vista Bonita Drive, Suite 216, Scottsdale, AZ, 85255
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Scott is an insurance agent with The Master Planning Group, Inc. since 2004, selling various insurance products and equity indexed annuities, dedicating nearly full-time hours to this activity. He is also a board member of Child's Wish Ministry and President/Managing Member/CCO/IAR of LifeWise Planning Group, LLC, spending about 40% of his business hours there.
Employment History
Current Registrations
Life Wise Planning Group LLC
Previous Registrations
On Investment Management CO
Premier Southwest Planning Group, LLC
The Master Planning Group, INC.
The O.N. Equity Sales CompanyBroker
On Investment Management CO
Park Avenue Securities LLCBroker
Northwestern Mutual Investment Services, LLCBroker
State Registrations2 states
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.