MP
CFP

Marcus Alan Poteete

9 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
9 advisors
Number of Clients
1,523 clients
Average Client Portfolio
$2.8M average
Assets Under Management
$4.2B

Fee Structure

Minimum Investment:$1M
Financial Planning:Included in AUM fee
Financial Plan Fee:From $2,500

Scharf's fees are negotiable and based on factors like client type, complexity, and assets under management. For Equity Solution clients paying only an Asset Based Fee, the typical annual fee is 1.25% on the first $3,000,000 of assets, plus 0.80% over $3 million and up to $5 million. For Multi-Asset Solution clients, it's 1.0% on the first $3,000,000, plus 0.75% over $3 million and up to $5 million. For Fixed Income Solution clients, it's 0.5% on the first $5,000,000. Balances over $5 million are subject to an institutional pricing schedule. Some clients may pay a Performance Fee. Financial planning fees typically start at $2,500 and increase based on complexity.

Areas of Practice
Investment ManagementRetirement PlanningEstate PlanningEducation PlanningFinancial Planning & Coaching
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Advisor Information

Office location

16450 Los Gatos Boulevard, Suite 207, Los Gatos, CA, 95032

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Regulatory History (1)
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Customer Dispute
March 2023
Denied
Other Business ActivitiesSells Insurance

Marcus works as a financial advisor for Transitions Wealth Advisors and Kestra Advisory Services LLC, providing financial planning, investment management, risk management, and investment advisory services. These activities take about half of Marcus's time.

Employment History
Current Registrations
Scharf Investments, LLC
May 2024 - Present · 1 yr 8 mos
Previous Registrations
Kestra Investment Services, LLCBroker
July 2023 - March 2024 · 8 mos
Kestra Advisory Services, LLC
July 2023 - March 2024 · 8 mos
Charles Schwab & Co., INC.
June 2018 - June 2023 · 5 yrs
Charles Schwab & Co., INC. Broker
June 2018 - June 2023 · 5 yrs
Edward Jones
April 2016 - June 2018 · 2 yrs 2 mos
Edward Jones Broker
February 2016 - June 2018 · 2 yrs 4 mos
State Registrations1 state
CA
Advisor
Exams
No exam information available for this advisor.