All clients of Towne Scherer Private Wealth Management are managed in a joint effort by both Russ Towne and Jim Scherer. Each client receives the benefit of 64 years of combined experience in the financial services industry. Both Russ and Jim have worked for the largest financial institutions in the country. Russ worked for Prudential Securities, Wachovia Securities and Morgan Stanley. In addition, Russ worked on the institutional side of the business as the national sales manager of one of the largest REITs in the United States. Jim worked for Prudential Securities and Wachovia Securities. Jim, also, owned and operated his own CPA practice with an emphasis in income tax.

The team of Russ Towne and Jim Scherer bring a unique set of skills and experience to all clients. Each client of Towne Scherer Private Wealth Management receives the care and attention by both Russ and Jim that are needed to achieve their financial goals.


James J. Scherer

LPL Registered Principal



I was born in southern Idaho in 1950 to Del and Louella Scherer. My father was a businessman and my paternal grandfather was a carpenter. My grandfather on my mother’s side owned and operated a farm near Jerome. I grew up around a...

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Like many of you I stand on the shoulders of my ancestors, who immigrated predominately from Germany and Ireland. It was through their hard work and sacrifice that provided me the foundation and work ethic that has given me the success...

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