WS
CFP
WS
CFP

William Schmidt

33 Years of Experience
Mount Dora, FL
1 DisclosureBroker

William Schmidt is a CFP-designated registered investment advisor at Independent Advisor Alliance, LLC, based in Mount Dora, FL, with 33 years of industry experience. William is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 45,002 clients with $17B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
303 advisors
Number of Clients
45,002 clients
Average Client Portfolio
$383K average
Assets Under Management
$17.2B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Maximum annual advisory fee is 2.00%. Fees are negotiable and may vary based on account size, complexity, and services included.

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

Mount Dora, FL

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History

Regulatory History (1)
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Criminal
October 1984
Final Disposition
Other Business Activities

William operates Schmidt Financial Resources, Inc. as a DBA for LPL business and as a Registered Investment Advisor DBA, dedicating full-time hours to these activities. He also provides investment advisory services through Independent Advisor Alliance and spends minimal time on tax preparation/accounting.

Employment History
Current Registrations
Independent Advisor Alliance, LLC
April 2019 - Present · 7 yrs 6 mos
LPL Financial LLCBroker
January 2016 - Present · 10 yrs 9 mos
Previous Registrations
LPL Financial LLC
July 2016 - October 2016 · 3 mos
Independent Financial Partners
January 2016 - April 2019 · 3 yrs 3 mos
Cetera Advisors LLCBroker
January 2004 - January 2016 · 12 yrs
Cetera Advisors LLC
January 2004 - January 2016 · 12 yrs
Ifg Advisory Services INC
May 2001 - January 2004 · 2 yrs 8 mos
Ifg Network Securities, INC.Broker
February 2000 - January 2004 · 3 yrs 11 mos
Capital Brokerage CorporationBroker
December 1997 - February 2000 · 2 yrs 2 mos
Forth Financial Securities, CorporationBroker
March 1993 - December 1997 · 4 yrs 9 mos
State Registrations17 states
ALCAFLGAILKYMDMEMIMONCNJNYPASDTNTX
AdvisorBrokerBoth

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.
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