Darin Schmidt

Schmidt Wealth Management offers portfolio management services with fees based on the amount of your portfolio. There are two fee schedules, one for Schwab clients and one for Schwab Maximum Portfolio clients. These fees are negotiable.

Schwab Maximum Portfolio Management Fees:

• First $500,000: 2.00% per year
• $500,001 - $1,000,000: 1.75% per year
• $1,000,001 - $2,000,000: 1.50% per year
• Over $2,000,000: 1.00% per year

Schwab Client Portfolio Management Fees:

• First $500,000: 1.00% per year
• $500,001 - $1,000,000: 0.95% per year
• $1,000,001 - $2,000,000: 0.90% per year
• Over $2,000,000: 0.85% per year

Schmidt Wealth Management also charges a one-time, upfront fixed fee of 2.00% for private placement non-traded alternative investments. Plus, an ongoing monitoring or advisory fee of 1.00%, starting in the 2nd month of initial investment, every year thereafter will be paid in advance, on a monthly basis, until the investment is sold, liquidated, closed or disposed of.