James Schmitz is a registered investment advisor at Lfa, based in St. Cloud, MN, with 17 years of industry experience. James operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 518 clients with $350M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $5.0M | 0.50% |
| $5M+ | 0.25% |
Advisory fee is negotiable depending on individual client circumstances.
Fee Estimator
Location
1219 - 33rd Street South, St. Cloud, MN, 56301
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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
James is an independent insurance agent for various companies through Laraway Insurance Services Inc. since 2012, dedicating a few hours per week. He also owns real estate through Granite City Holdings, LLC, spending minimal time on it, and is Vice President/COO/Investment Advisor Representative of Laraway Financial Advisors Inc., spending full-time hours on this.
Employment History
Current Registrations
Lfa
Cambridge Investment Research, INC.Broker
Previous Registrations
Ing Financial Partners, INC.Broker
Equitrust Marketing Services, LLCBroker
State Registrations15 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.