Schmidt Wealth Management specializes in financial planning and managing client portfolios. Financial planning includes tax, insurance, retirement, and estate planning. When managing portfolios, Schmidt Wealth Management considers each client's financial situation, including employment, cash reserves, retirement accounts, age, income, risk tolerance, and volatility. They use general securities (stocks & bonds), mutual funds (including ETFs), and government securities.
Fee Structure
Schmidt Wealth Management charges an annual negotiable fee for managing your money, ranging from 0.05% to 2% of your account, depending on its size and complexity. This fee is paid quarterly or monthly at the start of each period. If you cancel, any prepaid fees will be refunded proportionally.