Timothy Schumacher
Timothy Schumacher is a ChFC-designated registered investment advisor at Launch Wealth, based in Hays, KS, with 33 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 164 clients with $51M 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 - $1.0M | 1.00% |
| $1.0M - $2.5M | 0.80% |
| $2.5M - $5.0M | 0.60% |
| $5M+ | 0.50% |
Minimum advisory fee of $50/month for accounts with an average daily balance less than $50,000.
Fee Estimator
Location
2705 Vine St, Suite #3, Hays, KS, 67601
Get directionsHistory
Regulatory History (2)
Regulatory
November 2010Customer Dispute
March 1996Other Business ActivitiesSells Insurance
Timothy works as an insurance and investment agent at Strategic Financial Partners, spending about 10-20% of his time on sales and service of life products. He also works as a musician and has family ownership in a tax entity.
Employment History
Current Registrations
Launch Wealth
Previous Registrations
Hornor, Townsend & Kent, LLCBroker
Hornor, Townsend & Kent, LLC
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
Hornor, Townsend & Kent, LLC
Hornor, Townsend & Kent, LLCBroker
New England Securities Corporation
New England SecuritiesBroker
State Registrations2 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.