Doreen Schmidt
Doreen Schmidt is a CFP-designated registered investment advisor at Osaic Wealth, INC., based in Fridley, MN, with 20 years of industry experience. Doreen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
7362 University Ave Ne, Suite 115, Fridley, MN, 55432
Get directionsHistory
Regulatory History (4)
Customer Dispute
October 2014Customer Dispute
April 2012Customer Dispute
October 2011Customer Dispute
February 2010Other Business ActivitiesSells Insurance
Doreen owns a vacation rental property, is a notary public, and sells fixed insurance products including life, health, and disability insurance, dedicating about a quarter of her time to the insurance business. She also owns Doreen Design, selling original artwork on Etsy.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
Questar Asset Management, INC.
Questar Capital CorporationBroker
U.S. Bancorp Investments, INC.Broker
State Registrations8 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.