Defend The Fatherless Names Private Advisor Group Chief Financial Officer Adam Schorr as Board Member

MORRISTOWN, NJ—November 8, 2023 / PRNewswire / Private Advisor Group, one of the largest and fastest-growing independent wealth management firms in the country*, is pleased to announce that its Chief Financial Officer, Adam Schorr, has been named a Defend the Fatherless Board Member. Schorr is a newly active member of Defend the Fatherless and will serve on the Development and Fundraising Committee.

Defend the Fatherless is a non-profit organization based out of Fort Mill, South Carolina which aims to lessen the burdens of foster and adoptive families in the community. The organization provides support for the physical, emotional, educational, financial, and spiritual needs of those families served. From tangible necessities such as meals and clothing to facilitating like-minded friendships and connections, Defend the Fatherless provides families with access to invaluable resources to help them navigate the unique challenges they face.

“Setting an example of serving for our children is a driving force behind my ‘why’: for them to learn, actively participate, and understand how important it is to be a positive force within your community can only be taught by example,” said Schorr. “Defend the Fatherless fulfills many basic needs, but is unique in that it provides a community and connection for foster children and families when it is needed the most.  I am grateful to be joining such a wonderful team that emphasizes the importance of developing connection with those they serve.”

The organization has grown to support more than sixty families a month. As the team grows, so does its connection with the people it serves. Its board and team of volunteers are united by a shared goal of making a lasting positive impact on the lives of foster and adoptive families.

Private Advisor Group has marked its continuous growth and deepening roots in the Carolinas. Central to the values of Private Advisor Group is a commitment to community service and giving back, principles that reverberate within its growing advisor and employee community. “Our organization’s core values run deep, and as we continue to grow, our team members also commit to making a meaningful impact in the communities we serve,” said Frank Smith, Chief Executive Officer of Private Advisor Group. “Philanthropy is at the heart of who we are, and I’m grateful that we’re not only expanding our reach, but also focusing on uplifting those new communities.”

For more information about Defend the Fatherless, visit

About Private Advisor Group

Founded in 1997 in Morristown, NJ, Private Advisor Group is one of the nation’s leading financial services firms. With over $28.5 billion in assets under management as of June 30, 2023, the firm leverages its resources to deliver strategies positioned to improve financial outcomes for individual investors and to inspire growth, fiduciary adherence, succession, and a client-centric approach for independent financial advisors’ practices. Barron’s has recognized Private Advisor Group as a top 10 registered investment advisory firm every year since 2019.

*Barron’s “Top 100 RIA Firms” ranking is based upon quantitative and qualitative criteria including: regulatory records, client retention reports, assets managed, revenue generated, technology spending, number of clients, size and diversity of staff, placement of a succession plan, and more. Investor experience and returns are not considered. Neither Private Advisor Group nor its financial advisors pay a fee to Barron’s in exchange for the ranking.

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