Douglas Schaffnit
Douglas Schaffnit is a registered investment advisor at Highpoint Planning Partners, based in Morton, IL, with 43 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 8,096 clients with $4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
HighPoint Advisor Group charges an annual fee based on the value of your portfolio, ranging from 0% to 2.20%. This fee is billed quarterly in advance. If you end your agreement before the quarter is over, you'll receive a prorated refund for the remaining days.
Location
212 N. Main Street, Morton, IL, 61550
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Douglas sells group life, disability, and medical insurance since 2004, and uses One Resource Group for non-variable life and disability insurance, dedicating minimal time to this. He also owns his office building and spends about half his time as a registered investment advisor with Highpoint Planning Partners, LLC, and about a third of his time with Schaffnit & Associates, Inc. providing employee benefits, as well as individual life and disability insurance, and property and casualty sales and service.
Employment History
Current Registrations
Highpoint Planning Partners
LPL Financial LLCBroker
Previous Registrations
Highpoint Planning Partners
LPL Financial LLC
Princor Financial Services CorporationBroker
New England SecuritiesBroker
Integrated Resources Equity CorporationBroker
State Registrations7 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.