Daniel Schmid
Daniel Schmid is a registered investment advisor at LPL Financial LLC, based in Sleepy Eye, MN, with 24 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.
Location
140 1st Ave N, Sleepy Eye, MN, 56085
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Daniel owns DS Properties of Sleepyeye LLC (real estate rental), Sleepy Eye Brewing Company, and Tommie Johnnie LLC (real estate rental). He is also an agent/owner of Daniel T. Schmid, LLC, which appears to involve non-variable insurance, and operates Schmid Financial Services LLC as a DBA for his LPL business, dedicating full-time hours to it.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Invest Financial Corporation
Invest Financial CorporationBroker
Geneos Wealth Management, INC.Broker
Financial Network Investment CorporationBroker
Northwestern Mutual Investment Services, LLCBroker
State Registrations12 states
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