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KS
CFP
KS
CFP

Karl Salocks

Cwm, LLC
12 Years of Experience
Walnut Creek, CA
View SEC Summary
View SEC Summary

Karl Salocks is a CFP-designated registered investment advisor at Cwm, LLC, based in Walnut Creek, CA, with 12 years of industry experience. Karl operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 52,669 clients with $51B in assets under management.

Cwm, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
663 advisors
Number of Clients
52,669 clients
Average Client Portfolio
$960K average
Assets Under Management
$50.6B

Fee Structure

Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Annual investment advisory fee ranges up to a maximum of 2.50% of assets held in the account. Fees are negotiable based on account size, complexity, and other factors.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Contact

KS
Karl Salocks

Location

Walnut Creek, CA

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Cwm, LLC
February 2026 - Present · 8 mos
Previous Registrations
Destination Wealth Management
March 2025 - October 2025 · 7 mos
Sierra Pacific Financial Advisors
September 2024 - January 2025 · 4 mos
Morgan Stanley
August 2016 - March 2024 · 7 yrs 7 mos
Morgan StanleyBroker
August 2016 - March 2024 · 7 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
January 2016 - July 2016 · 6 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
January 2016 - July 2016 · 6 mos
Princor Financial Services Corporation
November 2015 - January 2016 · 2 mos
Princor Financial Services CorporationBroker
October 2015 - January 2016 · 3 mos
Waddell & ReedBroker
July 2015 - August 2015 · 1 mo
Waddell & Reed
July 2015 - August 2015 · 1 mo
Morgan Stanley
July 2013 - May 2015 · 1 yr 10 mos
Morgan StanleyBroker
July 2013 - May 2015 · 1 yr 10 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
August 2012 - December 2012 · 4 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2012 - December 2012 · 4 mos
State Registrations1 state
CA
Advisor

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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Karl Salocks