SEC-registered independent wealth management RIA
Fortem Financial Group, LLC
As of its Form ADV filed April 21, 2026, Fortem Financial Group, LLC, an SEC-registered independent wealth management RIA in Palm Desert, California, reported $631.9 million in regulatory assets under management across 1,042 accounts, ranking #273 among independent RIAs in California by assets.
Registration
- Main office
- Palm Desert, CA
- Registration
- SEC-registered, Approved
- CRD number
- 291662
- SEC file number
- 801-112300
- Registered since
- January 25, 2018
- Latest Form ADV filing
- April 21, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 2
Key figures
- Regulatory assets under management
- $631.9 million
- Discretionary
- $626.7 million (99.2%)
- Non-discretionary
- $5.2 million
- Accounts
- 1,042 (1,023 discretionary)
- Clients
- 347, approximate as reported
- Employees
- 10
- Advisory staff
- 6 performing investment advisory functions
- Average account
- $606,416
- Asset growth, 1 year
- 19.6% (from $528.5 million a year earlier)
- Asset growth, 3-year annual rate
- 17.0% (from $394.8 million three years earlier)
- Asset growth, 5-year annual rate
- 14.8% (from $317.4 million five years earlier)
- Client growth, 1 year
- 9.5% (from 317)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In California | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #2,078 | #273 | $631.9 million |
| Fastest-growing independent RIAs over one year | #2,459 | #309 | 19.6%from $528.5 million |
| Fastest-growing independent RIAs over three years | #2,341 | #314 | 17.0%from $394.8 million |
| Fastest-growing independent RIAs over five years | #1,288 | #168 | 14.8%from $317.4 million |
| Independent RIAs with the biggest asset gains over one year | #1,970 | #256 | $103.3 million |
| Independent RIAs with the most clients | #3,358 | #354 | 347 |
| Independent RIAs with the fastest client growth over one year | #1,628 | #189 | 9.5%from 317 |
| Independent RIAs with the most accounts | #2,475 | #258 | 1,042 |
| Independent RIAs with the most advisory staff | #2,105 | #225 | 6 |
| Independent RIAs with the most high net worth clients | #2,227 | #297 | 140 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2018 | $223.9 million |
| October 1, 2019 | $243.7 million |
| October 1, 2020 | $288.8 million |
| October 4, 2021 | $317.4 million |
| October 3, 2022 | $467.3 million |
| October 5, 2023 | $394.8 million |
| October 1, 2024 | $438.1 million |
| September 2, 2025 | $528.5 million |
| October 2, 2026 | $631.9 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 140 clients | $522.0 million | |
| Individuals (other than high net worth) 193 clients | $63.2 million | |
| Charitable organizations 3 clients | $32.7 million | |
| Corporations or other businesses 9 clients | $13.5 million | |
| Pension and profit sharing plans fewer than 5 clients | $400,091 |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Commissions
- Other
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Other
Financial planning clients (Item 5.H): 101-250.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Insurance broker or agent
- Other financial products
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Commodity pool operator or commodity trading advisor
- Futures commission merchant
- Accountant or accounting firm
- Lawyer or law firm
- Insurance company or agency
- Pension consultant
- Real estate broker, dealer or agent
- Sponsor or syndicator of limited partnerships
- Sponsor, general partner or managing member of pooled investment vehicles
Custody (Item 9)
The firm reported custody of client cash or securities, $160.6 million in total.
Investment adviser representatives
- IARs registered with the firm
- 6
- Also registered through a broker-dealer
- 1
- Employees who are IARs (Form ADV 5.B(3))
- 5
5 of the firm's 6 IARs are registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in California
| Firm | City | RAUM |
|---|---|---|
| Fire Capital Management, LLC | San Francisco | $635.5 million |
| The Salvetti Group | Sacramento | $633.7 million |
| Neumann Capital Management | Foster City | $630.3 million |
| Ariadne Wealth Management, LP | Santa Barbara | $627.3 million |
| Epsilon Financial Group, Inc. | Fairfield | $626.1 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Fortem Financial Group, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.fortemfin.com
- Independent RIAs in California
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.