schwartz wealth management
Schwartz Wealth Management is a solo, independent financial advisory practice in Honesdale, PA, founded in 2003 by Robert M. Schwartz, providing financial planning, retirement, 401(k), and investment management services to individual investors and small business owners across PA, FL, MD, NY, and NJ via the LPL Financial and Private Advisor Group platforms.
- Company typePrivate
- Founded2003
- HeadquartersHonesdale, United States
- Headcount—
- GTM typeB2C
- OfferingServices
What schwartz wealth management does
Schwartz Wealth Management is an independent, fee-based financial advisory practice headquartered at 831 Court Street in Honesdale, Pennsylvania. Founded in 2003 by Robert M. Schwartz, the firm operates as a single-advisor practice delivering financial planning, retirement planning, 401(k) advisory, investment management, and small-business strategy services to individual investors and business owners across Pennsylvania, Florida, Maryland, New York, and New Jersey.
The firm runs on the LPL Financial broker-dealer platform and the Private Advisor Group RIA platform, which provide custody, trading, compliance, and back-office infrastructure. Robert M. Schwartz holds the Chartered Retirement Planning Counselor designation and Series 7, 63, 65, 9, and 10 securities licenses, and the firm maintains a content infrastructure of newsletters, financial calculators, video, and flipbook materials supporting inbound client acquisition.
The business model is fee-based, with a maximum stated AUM fee of 2.25% and no firm-imposed minimum account size; client accounts range from $25,000 to several million dollars. The practice is affiliated with Honesdale Rotary (over 20 years) and the local school board (9 years), reflecting a community-embedded, relationship-driven go-to-market posture rather than a scaled, acquisition-driven model.
schwartz wealth management firmographics
Firmographics- Name
- schwartz wealth management
- Legal name
- LPL Financial LLC
- Website
- https://schwartzwealthmanagement.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Short description
- Schwartz Wealth Management is a solo, independent financial advisory practice in Honesdale, PA, founded in 2003 by Robert M. Schwartz, providing financial planning, retirement, 401(k), and investment management services to individual investors and small business owners across PA, FL, MD, NY, and NJ via the LPL Financial and Private Advisor Group platforms.
- Ownership category
- akta.pro rank
schwartz wealth management industry classification
Industry- Product category
- Financial Advisory Services
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Financial Planning & Goals-Based Advice (Mass Affluent) (FSAAAAAF)
- akta.pro secondary industries
- Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail) (FSAAAAAJ), Business Owner & Executive Financial Planning (FSAEAAAO), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
Keywords
Where schwartz wealth management is headquartered
LocationHeadquarters
- HQ city
- Honesdale
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
schwartz wealth management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investment Advisory Fees: Percentage of assets under management (AUM) fee model with maximum annual fee of 2.25%, charged quarterly in advance. Advisory fees are negotiable based on account size and scope of services.
- Wrap Fee Programs: Wrap fee programs bundle advisory fees and trading costs into one fee structure for simplified billing.
- Flat/Hourly Fees: Fixed dollar amount for specific time periods or hourly fees for consulting services, providing alternative billing structures for clients with limited-scope engagements.
- Securities Commissions: Transaction-based commissions for brokerage services through LPL Financial when Robert Schwartz acts as registered representative.
- Insurance Products: Commissions from sale of insurance products including life insurance, annuities, long-term care insurance, and disability income insurance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Percentage of AUM fee with maximum 2.25% annual rate, charged quarterly in advance |
| Subscription | Multi-year contract | Fixed or flat fee for specific time periods |
| Subscription | Pay-as-you-go | Hourly fee for time spent on client matters |
| Subscription | Monthly | Subscription fee for publications and seminars |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
schwartz wealth management product offering
Product offeringCore offering
Schwartz Wealth Management provides personalized financial advisory services including comprehensive financial planning, retirement planning, 401(k) rollover and plan design assistance, fee-based discretionary investment management, and business financial strategies. Services are delivered through LPL Financial (broker-dealer) and Private Advisor Group (registered investment advisor), with the firm serving individual investors and small business owners in Pennsylvania, Florida, Maryland, New York, and New Jersey.
Product overview
Schwartz Wealth Management is a financial advisory firm that offers a comprehensive suite of wealth management services centered around financial planning, retirement planning, investment management, and business strategies. The firm provides fee-based accounts with discretionary/active management through its affiliation with LPL Financial and Private Advisor Group. In addition to core advisory services, the firm offers a range of educational tools including financial calculators, flipbooks, newsletters, educational videos, and market commentary research materials. The product portfolio consists of core advisory services (Financial Planning, Retirement Planning, 401(k) Services, Investment Management, Business Strategies) supported by a digital resource center containing calculators, flipbooks, newsletters, videos, and research content.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial Planning Comprehensive financial planning service that evaluates the client's entire financial picture to help reach financial goals, including managed accounts, stocks, insurance needs, estate planning, and retirement planning. Targeted at individuals and households seeking holistic financial guidance.
- Retirement Planning Retirement planning assistance for individuals and business owners covering IRA rollovers, 401(k) options, and retirement plan design including Simple IRA, SEP IRA, 401(k), and defined benefit plans.
- 401(k) Services Guidance on 401(k) rollovers and current 401(k) options to help clients allocate assets and maximize retirement benefits, including business-side plan implementation and employee meetings.
- Investment Management Fee-based accounts with discretionary/active management where the advisor makes buy and sell decisions on behalf of clients, with regular communication about market conditions and investment decisions.
- Business Strategies Financial planning and investment guidance tailored for business owners including sole proprietors, licensed professionals, and companies with employees, covering business succession and employee benefits planning.
Quantifiable outcome
- Fee-based accounts with discretionary management align advisor and client interests - what is good for the client is also good for the advisor
Companies that use schwartz wealth management
Customer profileSegments4 records
Ideal customer profiles2 records
schwartz wealth management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
schwartz wealth management partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- LPL Financial LLCcoreSecurities brokerage platform providing custody, trading, and back-office services. Robert M. Schwartz holds Series 7, 63, and 65 registrations through LPL Financial. The firm also holds Series 9 and 10 registrations enabling branch management capabilities. LPL Financial is a large independent broker-dealer providing the operational infrastructure for Schwartz Wealth Management's securities business.
- Private Advisor GroupcoreRegistered investment advisor (RIA) under which investment advisory services are offered. Investment advice is provided through Private Advisor Group, a separate entity from LPL Financial. Private Advisor Group was listed in Barron's 'Top 100 RIA Firms' ranking in September 2024, based on factors including assets managed, technology spend, staff diversity, and succession planning.
Scale indicators1 record
Recent moves6 records
Expansion highlights4 records
schwartz wealth management competitors and assessment
Company assessmentDirect peers
- Edelman Financial Services: Large independent RIA offering comprehensive financial planning, retirement, and investment management to mass-affluent and affluent households — directly comparable service mix and client profile, though at significantly greater scale.
- Creative Planning: Independent RIA providing wealth management, retirement, and business-owner financial planning for individuals and families — similar full-service model with comparable client segments.
- Mariner Wealth Advisors: National independent RIA serving individuals, families, and business owners with comprehensive financial planning and investment management — overlapping service offering and target client base.
- Wealth Enhancement Group: Mid-market RIA focused on financial planning, retirement, and 401(k) advisory services for individuals and businesses — closely comparable service stack and target market.
Broad incumbents
- Commonwealth Financial Network: Large independent broker-dealer and RIA platform supporting thousands of affiliated advisors — comparable B2B platform structure but operates at firm-wide scale.
- Cambridge Investment Research: Independent broker-dealer and RIA platform with affiliated financial advisors offering financial planning and investment management — analogous platform-affiliation model.
- Cetera Financial Group: Independent advisor platform supporting RIAs and broker-dealer representatives delivering wealth management and retirement services — comparable affiliation and service model.
- LPL Financial: Largest independent broker-dealer in the U.S. and the firm's primary platform partner — provides the operational infrastructure underlying Schwartz's securities business.
- Fidelity Wealth Management: Large incumbent wealth manager offering investment advisory, retirement, and financial planning services — overlaps with the firm's service categories across a far broader footprint.
Emerging players
- Facet Wealth: Digital-first RIA delivering fee-based financial planning and investment management to mass-affluent households — emerging competitor targeting the same client segment with a tech-enabled model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
schwartz wealth management social profiles
Digital presenceschwartz wealth management financial estimates
Financial estimateRevenue estimate
Valuation estimate
schwartz wealth management leadership team
Management profileNumber of profiles
Profiles1 record
schwartz wealth management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
schwartz wealth management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about schwartz wealth management
What does schwartz wealth management do?
Schwartz Wealth Management provides personalized financial advisory services including comprehensive financial planning, retirement planning, 401(k) rollover and plan design assistance, fee-based discretionary investment management, and business financial strategies. Services are delivered through LPL Financial (broker-dealer) and Private Advisor Group (registered investment advisor), with the firm serving individual investors and small business owners in Pennsylvania, Florida, Maryland, New York, and New Jersey.
Is schwartz wealth management a public or private company?
schwartz wealth management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was schwartz wealth management founded?
schwartz wealth management was founded in 2003.
Where is schwartz wealth management based?
schwartz wealth management is headquartered in Honesdale, United States, in the North America region.
How does schwartz wealth management make money?
Five revenue lines are on record. Investment Advisory Fees are the primary driver. The others are wrap Fee Programs, flat/Hourly Fees, securities Commissions and insurance Products.
Who are schwartz wealth management's main competitors?
Direct peers on record are Edelman Financial Services, Creative Planning, Mariner Wealth Advisors and Wealth Enhancement Group. Broad incumbents are Commonwealth Financial Network, Cambridge Investment Research, Cetera Financial Group, LPL Financial and Fidelity Wealth Management. Facet Wealth is listed as an emerging player.
Does schwartz wealth management have an API?
No public API is recorded for schwartz wealth management.
What industry is schwartz wealth management in?
schwartz wealth management's product category is Financial Advisory Services. Its primary akta.pro industry code is FSAAAAAF, Financial Planning & Goals-Based Advice (Mass Affluent), with a secondary code of FSAAAAAJ, Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail). Its NAICS code is 523940 and its SIC code is 6282.