Core Wealth Advisors, Inc.

CORE Wealth Advisors, Inc. is an investment advisory firm established in 2013 and registered in 2015. The firm specializes in financial planning, wealth management, and tax planning services. The principal owner is Charles Foss. As of December 31, 2024, the firm managed $570,560,661 on a discretionary basis. Clients can opt for financial planning services, which cover areas like estate planning, retirement planning, and investment portfolio design. The firm primarily invests in ETFs, individual bonds, and mutual funds, with a strategic approach tailored to individual client circumstances. The fee structure includes financial planning fees negotiated based on the scope of engagement and wealth management fees at 1.50% of assets under management, with no minimum annual fee. The firm may recommend the use of Separate Account Managers, and clients may be referred to Sarasota Trust for trust services. The advisors at CORE Wealth Advisors act as fiduciaries when providing individual retirement advice, ensuring they act in the best interest of clients. The firm does not have any performance-based fee arrangements or side-by-side management. Clients include individuals, high net worth individuals, corporations, and charitable organizations, with no minimum portfolio value requirement. The firm exercises investment discretion, managing portfolios on a discretionary basis. The accounts are reviewed at least annually, and custodial services are provided by Fidelity and Schwab. The firm does not vote on client securities and does not generally allow directed brokerage accounts. Aggregated trades may be used to reduce costs for clients. The firm's team includes experienced professionals with diverse backgrounds and expertise to provide comprehensive financial services.