{"url":"https://nivawealth.com/firms/encore-wealth-advisors-336566","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/336566","regulatoryAum":121659707,"crd":"336566","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2493666","suffix":null,"lastName":"SCHAEFER","firstName":"TIMOTHY","middleName":"JOHN"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-134311","legalName":"Encore Wealth Advisors, LLC","displayName":"Encore Wealth Advisors","slug":"encore-wealth-advisors-336566","website":"https://encorewealthadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Minnesota corporation","fiscalYearEnd":"December","headquarters":{"street":"715 Atlantic Avenue","city":"Morris","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"56267"},"tradeNames":[],"registration":{"secApproved":"8 September 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":245470.29748283752,"staff":{"employees":4,"advisory":1,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":121659707,"discretionary":121635865,"discretionaryAccounts":1003,"nonDiscretionary":23842,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":2,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":382,"regulatoryAum":63161932},{"label":"High-net-worth individuals","clients":55,"regulatoryAum":44108588},{"label":"Pension and profit-sharing plans","clients":21,"regulatoryAum":12224845},{"label":"Charitable organizations","clients":5,"regulatoryAum":1603011},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":561331}],"feePrograms":[{"role":"main","program":"Wealth Management Services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1039672","versionId":1039672,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-04-01","documentName":"EWA ADV PART 2A","fee_rate_low":null,"fee_rate_high":1.6,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Ongoing Financial Planning","summary":"Initial fee of up to $2,000, then a recurring fixed fee of up to $600 per quarter, paid in arrears; fees are negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1039672","versionId":1039672,"submittedOn":"2026-04-01","documentName":"EWA ADV PART 2A"},{"role":"other","program":"Project-Based Financial Planning","summary":"Fixed fees of $100 to $3,000 or hourly rates of $100 to $310, depending on the scope of the project; fees are negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1039672","versionId":1039672,"submittedOn":"2026-04-01","documentName":"EWA ADV PART 2A"},{"role":"other","program":"Retirement Plan Consulting/Management","summary":"Annual advisory fee of up to 1.60% of average daily balance, paid quarterly in advance or in arrears; fees are negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1039672","versionId":1039672,"submittedOn":"2026-04-01","documentName":"EWA ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T18:04:15.278731+00:00","documents":[{"name":"EWA ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1039672","versionId":1039672,"submittedOn":"2026-04-01"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":104909247},{"name":"Capital Client Group, Inc.","shortName":"Capital Client Group","location":"Los Angeles, CA","smaAssets":16750460}],"custodyNote":"Encore Wealth Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Timothy Schaefer","title":"Chief","crd":"2493666"}],"ownership":[{"label":"The Timothy J. Schaefer and Kristin","detail":"Owner in the 75% or more ownership band and a control person, since November 2009."},{"label":"The Timothy J. Schaefer and Kristin K. Schaefer Living Trust","detail":"Owner in the 75% or more ownership band and a control person, since November 2009."},{"label":"Timothy Schaefer","detail":"Indirect owner: a trustee of The Timothy J. Schaefer and Kristin K. Schaefer Living Trust in the 50% to 75% band and a control person, since November 2001.","parent":"The Timothy J. Schaefer and Kristin K. Schaefer Living Trust"},{"label":"Kristin Schaefer","detail":"Indirect owner: a trustee of The Timothy J. Schaefer and Kristin K. Schaefer Living Trust in the 50% to 75% band and a control person, since November 2001.","parent":"The Timothy J. Schaefer and Kristin K. Schaefer Living Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Minnesota","offices":1,"addresses":[{"street":"715 Atlantic Avenue","city":"Morris","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"320-288-4084","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":67},{"label":"Securities issued by registered investment companies or business development companies","percent":27},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":3,"detail":"Structured Notes"}],"privateFunds":0},"sources":{"adv1FilingDate":"1 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/336566/PDF/336566.pdf","brochureDate":"1 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1039672","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Encore Wealth Advisors have?","answer":"Encore Wealth Advisors has 464 clients and manages $122 million for them, as of April 2026. They include 382 individual clients, 55 high-net-worth individuals, and 21 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 1 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Encore Wealth Advisors offer?","answer":"Encore Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Encore Wealth Advisors charge?","answer":"Encore Wealth Advisors charges up to 1.60% a year for its Wealth Management Services. The fee is billed in advance and is negotiable.","source":"EWA ADV PART 2A, filed 1 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Encore Wealth Advisors use?","answer":"Encore Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $105M and Capital Client Group, Inc. (Los Angeles, CA), with $16.8M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Encore Wealth Advisors have?","answer":"Encore Wealth Advisors has 1 investment adviser representative registered with state securities authorities, out of 4 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Encore Wealth Advisors invest in?","answer":"At the end of its last fiscal year, Encore Wealth Advisors’ separately managed accounts held 67% exchange-traded equities, 27% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 3% other. The 3% other category is described as: Structured Notes.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Encore Wealth Advisors?","answer":"Encore Wealth Advisors is owned through a trust by Timothy and Kristin Schaefer. Its direct owners are the Timothy J. Schaefer and Kristin (75% or more) and the Timothy J. Schaefer and Kristin K. Schaefer Living Trust (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 1 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Encore Wealth Advisors get paid?","answer":"Encore Wealth Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Encore Wealth Advisors?","answer":"Encore Wealth Advisors’ main office is at 715 Atlantic Avenue, Morris, MN 56267. Its phone number is 320-288-4084. Its website is encorewealthadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 1 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}