Daniel Schmieder
Daniel Schmieder is a CFP-designated registered investment advisor at Icon Wealth Partners, based in Houston, TX, with 44 years of industry experience. Daniel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 573 clients with $2.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Icon Wealth Advisors' investment advisory fees are based on the value of your portfolio and are paid quarterly in advance. The fees can be up to 1.75% annually. The specific fee you pay depends on factors like the amount you invest with Icon, the complexity of the services, your investment goals, and any specific reporting requirements. Fees are negotiable. If Icon uses independent managers for your portfolio, you'll also be responsible for their fees, but the total blended fee will not exceed 2.00% annually.
Location
1980 Post Oak Boulevard, Suite 1300, Houston, TX, 77056
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
January 2019Customer Dispute
February 2008Other Business Activities
Daniel is dually registered with Icon Wealth Partners, LLC and Purshe Kaplan Sterling Investments, Inc., spending the vast majority of his time as an investment advisor representative. He also owns Romance Ranch LLC, involved in cattle and hay sales, oil and gas leasing, and manual labor, dedicating about 10-20% of his time to it.
Employment History
Current Registrations
Icon Wealth Partners
Purshe Kaplan Sterling InvestmentsBroker
Previous Registrations
Icon Wealth Partners, LLC
Oppenheimer & CO. INC.
Oppenheimer & CO. INC.Broker
Morgan StanleyBroker
Morgan Stanley
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Lehman Brothers INC.Broker
E. F. Hutton & Company INCBroker
State Registrations2 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.