Michael Schultz
Michael Schultz is a registered investment advisor at Venn Wealth & Benefit Services, LLC, based in Altoona, PA, with 22 years of industry experience. Michael 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, Insurance Planning, and 3 more. Their firm serves 130 clients with $32M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.20% |
| $500K - $1.5M | 1.00% |
| $1.5M - $3.5M | 0.85% |
| $3.5M+ | 0.70% |
Fees are negotiable and vary based on objective and subjective factors. Non-discretionary advised accounts range from 0.02% to 0.40%.
Fee Estimator
Location
210 E. Plank Road, Ste 1C, Altoona, PA, 16602
Get directionsHistory
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
Michael is licensed to sell insurance as an independent agent under the same business name as his advisory firm. He spends about 10% of his time on this activity.
Employment History
Current Registrations
Venn Wealth & Benefit Services, LLC
Previous Registrations
Cambridge Investment Reserarch, INC.
State Registrations1 state
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.
Exams
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