SCHMIDT FINANCIAL GROUP, INC.
Adviser information for SCHMIDT FINANCIAL GROUP, INC. last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Washington, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 954 | $467.6M |
| Non-Discretionary | 147 | $7.6M |
| Total | 1,101 | $475.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 63 | $23.1M |
| HNW Individuals | 113 | $452.1M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-62831 |
|---|---|
| SEC ERA File Number | 801-62831 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 119841 |
| Legal Entity Identifier | None |
Principal Office
620 KIRKLAND WAYSUITE 205
KIRKLAND
WA
United States
Monday - Friday, 8:00 AM - 5:00 PM
Tel: 425-893-9195, Fax: 425-893-9824
Chief Compliance Officer
PAUL COX
CONSULTANT
4445 EASTGATE MALL
SUITE 200
SAN DIEGO
CA
United States
Tel:
888-538-6088 EXT. 1
Fax:
619-872-0905
P***@************************M
(Full email address available in API data)
Regulatory Contact
EVAN SCHMIDT
PRESIDENT
620 KIRKLAND WAY
SUITE 205
KIRKLAND
WA
United States
Tel:
425-893-9195
Fax:
425-893-9824
E***@************************M
(Full email address available in API data)
Industry Affiliates
| NFP INSURANCE SERVICES, INC. | Insurance company or agency |
| NFP PROPERTY & CASUALTY SERVICES, INC. | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| NFP INTERMEDIATE HOLDINGS B. CORP. | Domestic Entity | NFP CORP. | OWNER | 07/2013 | > 75% |
| SCHMIDT, GLENDA, SUE | Individual | – | FOUNDER | 11/1999 | < 5% |
| NFP CORP. | Domestic Entity | – | OWNER | 04/2003 | > 75% |
| COX, PAUL, IRVIN | Individual | – | CHIEF COMPLIANCE OFFICER | 09/2018 | < 5% |
| NFP INTERMEDIATE HOLDINGS A. CORP. | Domestic Entity | NFP INTERMEDIATE HOLDINGS B. CORP. | OWNER | 07/2013 | > 75% |
| NFP PARENT CO, LLC | Domestic Entity | NFP INTERMEDIATE HOLDINGS A. CORP. | OWNER | 10/2014 | > 75% |
| NFP HOLDINGS, LLC | Domestic Entity | NFP PARENT CO, LLC | OWNER | 07/2013 | > 75% |
| NFP ULTIMATE HOLDINGS, LLC | Domestic Entity | NFP HOLDINGS, LLC | OWNER | 02/2017 | > 75% |
| PATRIOT SPV, L.P | Domestic Entity | NFP ULTIMATE HOLDINGS, LLC | OWNER | 03/2021 | 25-50% |
| PATRIOT SPV GP, L.P | Domestic Entity | PATRIOT SPV, L.P | GENERAL PARTNER | 03/2021 | |
| MADISON DEARBORN PARTNERS | Domestic Entity | PATRIOT SPV GP, L.P | GENERAL PARTNER | 03/2021 | |
| SCHMIDT, EVAN, TODD | Individual | – | PRESIDENT | 07/2019 | < 5% |