Ellerbrock-Norris Wealth Strategies LLC

Ellerbrock-Norris Wealth Strategies LLC provides ongoing discretionary and non-discretionary investment management, financial planning, third‑party adviser selection, and pension consulting to individuals (including high‑net‑worth clients) and retirement plans. The firm reports managing roughly $171.6 million across about 74 client relationships and typically implements diversified, risk‑based portfolios using mutual funds, ETFs, individual equities, and fixed income securities.

The firm’s investment process combines fundamental analysis, modern portfolio theory, and technical analysis to build and monitor client allocations, and it generally conducts quarterly reviews while accommodating client‑imposed investment restrictions. Ellerbrock‑Norris also engages third‑party advisers for certain strategies—commonly recommending a platform provider and occasionally subadvisers such as Parametric—performing due diligence and retaining discretion to hire or terminate those managers.

A distinctive feature is that the adviser is a wholly owned subsidiary of an insurance agency, and a firm employee is a licensed insurance agent and shareholder who may offer insurance products and receive customary commissions; the firm discloses and monitors this conflict of interest. The firm also facilitates client access to an online estate‑planning service (absorbing the provider fees for clients who use it) and serves as an ERISA fiduciary when providing pension consulting, combining advisory services with these less common ancillary relationships.