Form CRS

Form CRS - Client Relationship Summary

Dated August 7, 2025

Item 1. Introduction: Encore Wealth Advisors, Inc. (“EWA” or “Advisor”) is registered with the Securities and Exchange Commission as an investment adviser. Brokerage and investment advisory services and fees differ, and it is important for you to understand the differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing.

Item 2: Relationship and Services: What investment services and advice can you provide me?

We offer investment advisory services to retail investors. Our services include Wealth Management, Ongoing Financial Planning, Project-Based Financial Planning, and Educational Seminars.

Monitoring: Under our investment management services, your investment accounts will be monitored and reviewed regularly on at least a quarterly basis by our firm. We will provide advice to you regarding the investments and allocation of your accounts to ensure they are positioned appropriately based on your goals and objectives.

If you are only engaging our firm in financial planning services, we will work with you to review your held away investment accounts that we provide advice to you on but will not be monitoring or reviewing those held away investment accounts, unless otherwise agreed upon as part of your financial planning engagement.

Investment Authority: Through our investment management service, we give you the option to grant us the authority to purchase or sell securities without obtaining your consent in advance (Discretionary Authority), or to require that we obtain your consent prior to purchasing or selling any securities for your account(s) (Non-discretionary Authority).

Limited Investment Offerings: We do not make available or offer advice with respect to proprietary products nor to a strictly limited menu of products or types of investments.

Account Minimums and other Requirements: There is no account size requirement for retail investors to open or maintain an account under our management.

For additional information, please review Item 4, 7, and 13 of our Form ADV Part 2A.

Item 3: Fees, Costs, Conflicts, and Standard of Conduct

What fees will I pay? The amount of fees you pay to our firm and the frequency in which you are billed depends on the services being provided. For Wealth Management, the annual advisory fee is based on the average daily balance of the Client’s account(s) or the balance on the last day of the quarter and will be paid quarterly in arrears at a rate of up to 1.60%. Fees are negotiable and prorated for partial periods. Adjustments will be made for deposits and withdrawals during the billing period. If an outside manager is used, their fees are separate, and total combined fees will not exceed 2% annually. For Ongoing Financial Planning services, we charge an upfront fee of up to $2,000 for the development and delivery of a financial plan and then a quarterly fee of up to $600 for the ongoing implementation and advice provided on that plan. Project-Based Financial Planning may be billed either hourly ($100–$310) or as a flat fee ($100–$3,000), depending on the scope and complexity of the project. Some or all of the fee may be collected upfront. Educational Seminar fees range from $0 to $3,000 per seminar and we collect a portion of the fee in advance with the remainder due at the conclusion of the Seminar. The fee range is based on the content, amount of research conducted, the number of hours of preparation needed, and the number of attendees.

We are paid for investment management services based on a percentage of your managed account value. Therefore, the more assets there are in your advisory account, the more you will pay in fees, and we therefore have an incentive to encourage you to increase the assets in your account. 

Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses which you may incur. Additional fees you may pay include certain charges imposed by custodians such as custodial fees, deferred sales charges, or other fees and taxes on brokerage accounts and securities transactions. Mutual fund and exchange-traded funds also charge internal management fees, which are disclosed in a fund's prospectus.

You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. For additional information, please review Item 5 of our Form ADV Part 2A.

What are your legal obligations to me when acting as my investment adviser? How else does your firm make money, and what conflicts of interest do you have? When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means.

Example 1: If your account value goes up, and while the tiered management fee percentage may stay the same, the total compensation you pay us goes up proportionately.

Example 2: Timothy Schaefer is the owner of Encore Consultants, LLC. In this role, Timothy Schaefer provides consulting services for clients who currently operate their own business, are considering starting a business, or are planning for an exit from their current business. Services include financial projections, profitability analysis, bookkeeping consulting, technology implementations, etc. This activity creates a conflict of interest in that Timothy Schaefer may spend more than 10% of his time on this activity. In addition, advisory clients may be referred to Encore Consultants, LLC, and vice versa. These conflicts are mitigated as EWA receives assistance for the management of Client portfolios through third-party advisors, and any recommendations to third parties will be based on the client’s suitability and objectives. Clients should note that there is no obligation to engage with Encore Consultants, LLC. 

How do your financial professionals make money? Our financial professionals are compensated on a salary basis and are not paid commissions or other compensation based on the amount of business generated from their work.

Item 4: Disciplinary History 

Do you or your financial professionals have a legal or disciplinary history? No. You can visit Investor.gov/CRS for a free and simple search tool to research us and our financial professionals.

Item 5: Additional Information You can find additional information regarding our firm and receive a copy of this relationship summary by visiting our website at www.encorewealthadvisors.net or by contacting 320-392-2554.