Owen Schrum has been Chief Investment Officer of Schrum Private Wealth Management since January 2025, is a control person of the firm and directly owns between 25% and 50% of it. Owen Schrum holds a B.S. in Chemistry from Hampden-Sydney College and an MBA from Aresty Institute, Wharton School of Business, University of Pennsylvania.
Schrum Private Wealth Management, LLC is a Saint Augustine, FL firm with $186M under management, 173 clients and 3 advisers across 2 offices, as of its March 2026 filing.
Owen Schrum is Founding Partner of Schrum Private Wealth Management. He brings over 30 years of experience in wealth management to the firm. Before founding it, he was Senior Vice President, Portfolio Manager at Morgan Stanley, managing investment portfolios for high net worth families and providing consulting services for institutional investors, foundations and non-profit entities. As a First Vice President at Merrill Lynch, he held the position of designated money manager under the Personal Investment Advisory (PIA) Program.
Owen Schrum’s longest registration was 12 years at Morgan Stanley (1994–2006). Before joining Schrum Private Wealth Management in 2021, Owen Schrum was registered through Spire Wealth Management, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated.
- – present · 5 yearsSt. Augustine, FL · Adviser representative · Firm CRD 312164
- Spire Wealth Management, LLC– · 10 yearsSt. Augustine, FL · Adviser representative · Firm CRD 113908
- Merrill Lynch, Pierce, Fenner & Smith Incorporated– · 4 yearsSt. Augustine, FL · Adviser representative · Firm CRD 7691
- Morgan Stanley– · 12 yearsSt. Augustine, FL · Adviser representative · Firm CRD 7556
Professional designations
Listed by Schrum Private Wealth Management
- Certified Investment Management Analyst (CIMA®)
Investment adviser representative registrations
Owen Schrum is registered as an investment adviser representative in 2 states. The first approvals date from November 2021; the most recent is Texas, in August 2023.
- North CarolinaSince 1 November 2021
- TexasSince 10 August 2023
Examinations
| Exam | Name | Passed |
|---|---|---|
| Series 7TO | General Securities Representative Examination | 1 December 2022 |
| SIE | Securities Industry Essentials Examination | Credited |
| Series 65 | Uniform Investment Adviser Law Examination | 15 September 2005 |
| Series 31 | Futures Managed Funds Examination | 6 September 2001 |
| Series 63 | Uniform Securities Agent State Law Examination | 19 April 1984 |
| Series 7 | General Securities Representative Examination | 14 April 1984 |
- Name
- General Securities Representative Examination
- Name
- Securities Industry Essentials Examination
- Name
- Uniform Investment Adviser Law Examination
- Name
- Futures Managed Funds Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- General Securities Representative Examination
- Full name
- Owen L Schrum
- CRD
- 1259777
- Firm
- Schrum Private Wealth Management · CRD 312164
- Role
- Chief Investment Officer
- Office
- 3940 Lewis Speedway, Suite 2201, St. Augustine, FL 32084
- Registration
- Investment adviser registration
- In the industry since
- May 1984
- Disciplinary history
- Not yet shown here · SEC record
- Firm bio
- schrumpw.com
Where does Owen Schrum work?
Owen Schrum has been Chief Investment Officer of Schrum Private Wealth Management, LLC since January 2025, and is a control person of the firm.
Is Owen Schrum a financial advisor?
Yes. Owen Schrum has a current investment-adviser registration in North Carolina and Texas, through Schrum Private Wealth Management since October 2021.
How many years of experience does Owen Schrum have?
Owen Schrum has 42 years in the financial industry, since May 1984, across 4 adviser firms.
What exams has Owen Schrum passed?
Owen Schrum has passed 5 licensing exams: the Series 7, Series 63, Series 31, Series 65 and Series 7TO. The earliest, the Series 7, was passed in April 1984. FINRA credited Owen Schrum with the SIE, which began in October 2018.
Where did Owen Schrum work before Schrum Private Wealth Management?
Before Schrum Private Wealth Management, Owen Schrum was registered through Merrill Lynch, Pierce, Fenner & Smith Incorporated, November 2006 to May 2011; Morgan Stanley, April 1994 to November 2006.
Where is Owen Schrum based?
Owen Schrum’s registered office is in St. Augustine, FL.
Is Owen Schrum registered with FINRA?
No. Owen Schrum has no current broker registration.
How can I verify Owen Schrum’s record?
Search CRD 1259777 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Owen Schrum’s full registration record.