Schneider Downs Wealth Management Advisors, LP
Schneider Downs Wealth Management Advisors, operating as Schneider Downs Wealth Management Advisors, offers fee-based investment management, financial planning, and retirement plan consulting services. The firm manages investment portfolios on both a discretionary basis (making trades without asking first) and a non-discretionary basis. Services for individuals typically include manager research and selection, risk tolerance reviews, individualized portfolio construction, quarterly performance reporting, trade execution, portfolio rebalancing, and income tax planning support such as tax-loss harvesting and calculating required minimum distributions. The firm also coordinates with unaffiliated separate account managers and private equity firms for larger portfolios. Financial planning services cover retirement analysis, cash flow projections, college funding analysis, insurance needs analysis, stock option planning, and estate reviews. The firm primarily serves high-net-worth individuals, families, trusts, estates, and retirement plan sponsors.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.5M | 0.85% |
| $2.5M - $4.0M | 0.70% |
| $4.0M - $6.0M | 0.60% |
| $6.0M - $8.0M | 0.50% |
| $8.0M - $10.0M | 0.60% |
| $10.0M - $15.0M | 0.40% |
| $15.0M - $20.0M | 0.35% |
| $20M+ | 0.30% |
Fees are negotiable at the discretion of management. Firm shareholders and employee family members may receive reduced fees. Separate account manager fees (0.25% to 1.00%) and private equity fees (0.075% to 2%) apply if those vehicles are utilized.