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Steven Schade

Cambridge Investment Research Advisors, INC.
25 Years of Experience
Traverse City, MI
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Steven Schade is a registered investment advisor at Cambridge Investment Research Advisors, INC., based in Traverse City, MI, with 25 years of industry experience. Steven is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 6 more. Their firm serves 361,213 clients with $140B in assets under management.

Cambridge Investment Research Advisors, INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3940 advisors
Number of Clients
361,213 clients
Average Client Portfolio
$384K average
Assets Under Management
$138.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Maximum allowable advisory fee is 2.25% annually across platforms. Actual fees are negotiable and set by your financial professional based on account size, complexity, and specific program selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

309 E Front St, Traverse City, MI, 49684

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History

Regulatory History (1)
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.
Customer Dispute
August 2010
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Steven is an independent insurance agent for various companies since 2014, dedicating nearly full-time hours to this activity. He is also an advisory representative of a registered investment advisor and owns commercial and real estate rental properties, as well as Northern Financial Management.

Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
April 2014 - Present · 12 yrs 6 mos
Cambridge Investment Research, INC.Broker
March 2014 - Present · 12 yrs 7 mos
Previous Registrations
J.P. Morgan Securities LLCBroker
October 2012 - April 2014 · 1 yr 6 mos
J.P. Morgan Securities LLC
October 2012 - April 2014 · 1 yr 6 mos
Chase Investment Services CORP.Broker
January 2007 - October 2012 · 5 yrs 9 mos
Chase Investment Services CORP.
January 2007 - October 2012 · 5 yrs 9 mos
Chase Investment Services CORP.
July 2005 - January 2007 · 1 yr 6 mos
Chase Investment Services CORP.Broker
July 2005 - January 2007 · 1 yr 6 mos
Banc One Securities Corporation
April 2004 - July 2005 · 1 yr 3 mos
Banc One Securities CorporationBroker
December 2002 - July 2005 · 2 yrs 7 mos
VALIC Financial Advisors, INC.Broker
March 2002 - June 2002 · 3 mos
Metlife Securities INC.Broker
December 2001 - March 2002 · 3 mos
Metropolitan Life Insurance CompanyBroker
December 2001 - March 2002 · 3 mos
Edward JonesBroker
November 2000 - December 2001 · 1 yr 1 mo
State Registrations22 states
AZCACOCTFLILINKSKYLAMIMNNCNJNYOHORPASCTXVAWI
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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