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Mitchell Schoenbaum

Wells Fargo Advisors
37 Years of Experience
Boca Raton, FL
6 DisclosuresBroker
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Mitchell Schoenbaum is a registered investment advisor at Wells Fargo Advisors, based in Boca Raton, FL, with 37 years of industry experience. Their practice areas include Business Owners, Divorce Planning, Education Planning, Financial Planning & Coaching, and 2 more. Their firm serves 1,327,695 clients with $610B in assets under management.

Wells Fargo Advisors
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
14703 advisors
IM Fee
Planning only
Assets Under Management
$606.0B

Fee Structure

Minimum Investment:$250K
  • Cash Flow Analysis — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Education Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Retirement Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Risk Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Wealth Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Divorce Planning — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
  • Special Needs Analysis — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
  • Sports & Entertainment — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
  • Business Owner Planning — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.

The total fee per engagement can range up to $5,000 for clients with a net worth of $250,000 to $500,000, up to $12,500 for clients with a net worth over $500,000 to $1,000,000, and up to $25,000 for clients with a net worth over $1,000,000. Fees are subject to negotiation and may vary.

One-Time Plan:Up to $25,000
View Full SEC Brochure

Location

1675 N Military Trail Ste 500, Boca Raton, FL, 33486

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History

Regulatory History (6)
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.
Judgment / Lien
November 2025
Judgment / Lien
August 2025
Judgment / Lien
June 2025
Customer Dispute
May 2012
Settled
Customer Dispute
October 2008
Denied
Customer Dispute
August 1998
Denied
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Wells Fargo Clearing Services, LLC
March 2020 - Present · 6 yrs 6 mos
Wells Fargo Advisors
March 2020 - Present · 6 yrs 6 mos
Wells Fargo Clearing Services, LLCBroker
March 2020 - Present · 6 yrs 6 mos
Previous Registrations
Morgan StanleyBroker
September 2013 - March 2020 · 6 yrs 6 mos
Morgan Stanley
September 2013 - March 2020 · 6 yrs 6 mos
Wells Fargo Advisors, LLC
June 2009 - September 2013 · 4 yrs 3 mos
Wells Fargo Advisors, LLCBroker
June 2009 - September 2013 · 4 yrs 3 mos
RBC Capital Markets Corporation
June 2004 - June 2009 · 5 yrs
RBC Capital Markets CorporationBroker
March 2002 - June 2009 · 7 yrs 3 mos
Tucker Anthony IncorporatedBroker
September 2000 - March 2002 · 1 yr 6 mos
First Union Securities, INC.Broker
October 1999 - September 2000 · 11 mos
First Union Capital Markets CORP.Broker
April 1997 - October 1999 · 2 yrs 6 mos
Golden Harris Capital Group, INC.Broker
April 1988 - April 1997 · 9 yrs
State Registrations13 states
CACTFLILMAMDMENCNJNYPATXVA
AdvisorBrokerBoth

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Exams
No exam information available for this advisor.
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