Wealth manager, independent · Calabasas, CA
Morton Wealth
Morton Capital Management, LLC · SEC-registered investment adviser · CRD 141250 · SEC 801-67025
At a glance
Morton Wealth is an SEC-registered investment adviser based in Calabasas, California, with $3.5B in regulatory assets under management as of its Form ADV filed May 5, 2026. It reports 1,215 individual clients, 724 of them high-net-worth, holding an average of about $2.6 million each, and 58 employees. That ranks it 314th among the nation’s 5,657 independent wealth management RIAs and 38th of 714 in California. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity.
Main office 818-222-4727mortonwealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $3.5B
- Rank among independent wealth managers
- #314 of 5,657
- Rank among all SEC RIAs
- #2,611 of 17,210
- Rank in California
- #38 of 714
- Individual clients
- 1,215
- High-net-worth clients
- 724
- Accounts
- 3,735
- Discretionary
- 99% of AUM
- Employees
- 58
- Advisory staff
- 25
- Offices
- 1
Owners and executives on its Form ADV
- Eric J. SelterExecutive Vice President & Manager
- Jeffrey SartiCEO & Manager
- Meghan H. PinchukChief Investment Officer & Manager
- Lynn M. SelterTrustee - Eric and Lynn Selter Family Trust
- Roxanna F. MortonTrustee - Morton Family Trust
- Joseph A. SeetooWealth Advisor, Senior Vice President
- Sara M. SartiTrustee- the Sarti Trust
- Jennifer L. SeetooTrustee- the C-Ii Trust
- Stacey L. McKinnonChief Operating Officer
- Menachem StriksChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Morton Wealth reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 724 | $2.7B | 79% |
| Individuals | 491 | $453M | 13% |
| Pension and profit sharing plans | 31 | $133M | 4% |
| Corporations or other businesses | 20 | $104M | 3% |
| Charitable organizations | 12 | $37M | 1% |
| Pooled investment vehicles | 1 | $7M | <1% |
Private funds
Morton Wealth reports 1 private funds with $7M in gross assets: securitized asset funds (Form ADV Item 7.B).
Disciplinary disclosures
Morton Wealth reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Periodicals or newsletters
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗mortonwealth.com ↗
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- Assets, accounts, clients and staff, ten years of filings
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- 10 namedLocked
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in California
All of California →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Kingswood Wealth Advisors, LLCSAN Diego | $3.8B | 11,259 |
| Mozaic, LLCBeverly Hills | $3.6B | 86 |
| Abacus Wealth PartnersSanta Monica | $3.6B | 1,547 |
| Frank, Rimerman Advisors LLCPalo Alto | $3.4B | 106 |
| Summitry, LLCFoster City | $3.4B | 1,293 |
| Monograph Wealth Advisors, LLCManhattan Beach | $3.2B | 206 |
Background
Questions
How much does Morton Wealth manage?
Morton Wealth reports $3.5B in regulatory assets under management across 3,735 accounts, 99% of it on a discretionary basis, on its Form ADV filed May 5, 2026.
How many clients does Morton Wealth have?
It reports 1,215 individual clients: 724 high-net-worth individuals and 491 other individuals. Individuals account for about 92% of its regulatory assets.
Where is Morton Wealth headquartered?
Its main office is in Calabasas, California. It reports 1 office in total and 58 employees, 25 of whom perform investment advisory functions.
How does Morton Wealth charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Morton Wealth use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity. On Schedule D of its Form ADV filed May 5, 2026, it reports these amounts held: Charles Schwab ($1.6B); Fidelity ($1.2B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Morton Wealth a hybrid RIA with a broker-dealer?
Morton Wealth reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Morton Wealth a fiduciary?
As an SEC-registered investment adviser, Morton Wealth owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Morton Wealth’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-05-05), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →