Michael Brian Schoffman

Employer firm

Arax Advisory Partners CRD 133535

$26.5B regulatory AUM 16 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Portfolio management (pooled vehicles)
• Portfolio management (institutions)
• Pension consulting
• Selection of other advisers

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 03/2014 → 03/2018
  8041 Webb Llc
  Sherman Oaks, CA
• 11/2016 → 02/2021
  Mmwkm Advisors, Llc
  Pasadena, CA
• 02/2021 → 05/2025
  Schechter Investment Advisors, Llc
  Birmingham, MI
• 03/2022 → 05/2025
  Kingswood Capital Partners, Llc
  Sherman Oaks, CA
• 06/2025 → Present
  Arax Advisory Partners, Llc
  Denver, CO

Previous Registrations

• 2021-03-17 → 2025-07-11
  Schechter Investment Advisors, Llc
  Glendale, CA
• 2016-11-04 → 2021-02-18
  Retirement Planners Of America
  Pasadena, CA
  Woodland Hills, CA
  Plano, TX
• 2013-01-09 → 2016-08-04
  Usaa Financial Planning Services
  Los Angeles, CA
• 2008-12-09 → 2012-12-19
  Ubs Financial Services Inc.
  Sherman Oaks, CA
• 2006-11-06 → 2008-12-08
  Merrill Lynch, Pierce, Fenner & Smith Incorporated
  Encino, CA

Other Businesses

1) Schechter Private Capital (SPC) - Yes Investment related - 111 E. Merrill St. Suite 400, Birmingham, MI 48009 - private equity investments - various - various - work with clients that invest in SPC 2) L and S Property Assets, LLC Not investment related 13100 Margate St, Sherman Oaks, CA 91401 Entity that owns real estate Managing member May 2004 5 hours/mo 0 hours/mo As owner of property, I am managing member of LLC and am responsible for LLC. 3)Robert Schechter & Associates, LLC ("Schechter Wealth") 111 E. Merrill St. Suite 400, Birmingham, MI 48009 Insurance agent; Investment Related - yes; Offer insurance consulting and sell fixed insurance products Start Date - 2/ 2021 Hours may vary, generally spend 5-20 hrs. per month during securities trading hours

Exams

• S63 Uniform Securities Agent State Law Examination
  2022-07-13
• S66 Uniform Combined State Law Examination
  2006-11-03

Designations

• Certified Financial Planner

Other Names

• Michael B Schoffman