TrueAdvisor
TrueAdvisor
DS
CFP
DS
CFP

Daniel Schmieder

Icon Wealth Partners
45 Years of Experience
Houston, TX
2 DisclosuresBroker
View SEC Summary
View SEC Summary

Daniel Schmieder is a CFP-designated registered investment advisor at Icon Wealth Partners, based in Houston, TX, with 45 years of industry experience. Daniel is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 629 clients with $2.6B in assets under management.

Icon Wealth Partners
Compensation
Fee-Only (% of Portfolio)
Firm Size
18 advisors
Number of Clients
629 clients
Average Client Portfolio
$4.1M average
Assets Under Management
$2.6B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.75%

Fees range up to 1.75% annually and are negotiable based on asset size, complexity, and other factors. Additional fees apply for internal fixed income strategies (0.12% to 0.27%) and independent managers.

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

Location

1980 Post Oak Boulevard, Suite 1300, Houston, TX, 77056

Get directions

History

Regulatory History (2)
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.
Employment Separation After Allegations
January 2019
Customer Dispute
February 2008
Settled
View Full SEC ReportHow to Read Disclosures
Other 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
August 2022 - Present · 4 yrs 2 mos
Purshe Kaplan Sterling InvestmentsBroker
March 2019 - Present · 7 yrs 7 mos
Previous Registrations
Icon Wealth Partners, LLC
February 2019 - August 2022 · 3 yrs 6 mos
Oppenheimer & CO. INC.
January 2019 - February 2019 · 1 mo
Oppenheimer & CO. INC.Broker
January 2019 - February 2019 · 1 mo
Morgan StanleyBroker
June 2009 - January 2019 · 9 yrs 7 mos
Morgan Stanley
June 2009 - January 2019 · 9 yrs 7 mos
Citigroup Global Markets INC.
July 1993 - June 2009 · 15 yrs 11 mos
Citigroup Global Markets INC.Broker
July 1993 - June 2009 · 15 yrs 11 mos
Lehman Brothers INC.Broker
February 1988 - July 1993 · 5 yrs 5 mos
E. F. Hutton & Company INCBroker
April 1981 - February 1988 · 6 yrs 10 mos
State Registrations2 states
CATX
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.
More Advisors
More financial advisors in Houston, TX →All financial advisors in Texas →