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Thomas Scheiman

39 Years of Experience
Parma, OH
3 DisclosuresBrokerSells Insurance

Thomas Scheiman is a registered investment advisor at Independence Capital CO., INC., based in Parma, OH, with 39 years of industry experience. Thomas 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 295 clients with $100M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
24 advisors
Number of Clients
295 clients
Average Client Portfolio
$339K average
Assets Under Management
$99.9M

Fee Structure

Minimum Investment:$10K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.50%
$250K - $500K1.50%
$500K - $2.5M1.00%
$2.5M - $10.0M0.75%
$10M+0.50%

Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

5579 Pearl Road, Suite 100, Parma, OH, 44129

Get directions

History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
November 2025
Final
Customer Dispute
January 2025
Pending
Regulatory
August 1999
Final
Other Business ActivitiesSells Insurance

Thomas is a CPA and owner of Dempsey Scheiman & Associates, providing tax preparation and accounting services nearly full-time since 1987. He also sells fixed life and annuity insurance products, dedicating minimal time, and acts as a trustee for PayBills, LLC, spending minimal time on this.

Employment History
Current Registrations
Independence Capital CO., INC.
April 2003 - Present · 23 yrs 1 mo
Independence Capital CO., INC.Broker
March 1990 - Present · 36 yrs 2 mos
Previous Registrations
H.D. Vest Investment Securities, INC.Broker
May 1987 - March 1990 · 2 yrs 10 mos
Robert Thomas Securities, INCBroker
May 1986 - November 1986 · 6 mos
State Registrations14 states
AZCACOINMDMIMNNCNJNVNYTXUTWA
AdvisorBroker

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
No exam information available for this advisor.
Thomas Scheiman - Financial Advisor | TrueAdvisor