BS
CFP
BS
CFP
Brian Schrag
35 Years of Experience
Ann Arbor, MI
2 DisclosuresBroker
Brian Schrag is a CFP-designated registered investment advisor at Wells Fargo Advisors, based in Ann Arbor, MI, with 35 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.
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
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Location
2723 S State St Ste 320, Ann Arbor, MI, 48104
Get directionsHistory
Regulatory History (2)
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Customer Dispute
March 2008Denied
Customer Dispute
November 2002Denied
Employment History
Current Registrations
Wells Fargo Advisors
May 2010 - Present · 16 yrs 2 mos
Wells Fargo Clearing Services, LLCBroker
March 2010 - Present · 16 yrs 4 mos
Previous Registrations
Northern Trust Securities, INC
April 2002 - December 2009 · 7 yrs 8 mos
Vision Investment Services, INC.Broker
October 2000 - April 2010 · 9 yrs 6 mos
Invest Financial CorporationBroker
July 1993 - October 2000 · 7 yrs 3 mos
Northern Trust Securities, INC.Broker
March 1993 - March 2010 · 17 yrs
Lehman Brothers INC.Broker
October 1991 - February 1993 · 1 yr 4 mos
Mclaughlin, Piven, Vogel Securities, INC.Broker
November 1990 - October 1991 · 11 mos
State Registrations18 states
AZCAFLILINKSKYMAMDMEMIMONCNVOHORTXVA
AdvisorBrokerBoth
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Exams
No exam information available for this advisor.