Schmidt, Jacob Aaron
- Regulatory AUM
- $213M
- Discretionary
- $212M
- Clients
- 489
- Avg AUM / client
- $435K
- Accounts
- 1,067
- Employees
- 7
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 425 | $98.5M | 46.3% |
| High net worth individuals | 58 | $99.0M | 46.6% |
| Charitable organizations | 4 | $3.8M | 1.81% |
| Corporations and other businesses | 2 | $11.3M | 5.31% |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jacob Aaron Schmidt | Owner/Chief Compliance Officer | CFP | Jan 2015 (12y) | 75% or more |
| Kenneth Paul Schmidt | Registered representative | CFP Chartered Financial Consultant | Sep 2007 (19y) | |
| Cody James Robinson | Registered representative | CFP | Oct 2020 (6y) | |
| Noah Arthur Buehner | Registered representative | Jan 2022 (5y) | ||
| Robert Roy Macke | Registered representative | Aug 2023 (3y) | ||
| Benjamin Paul Vandenberghe | Registered representative | Sep 2024 (2y) | ||
| Andrew Paul Barnes | Registered representative | Apr 2025 (1y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/17/2026 | 1.03 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: FINANCIAL PLANNING SERVICES WAS LATE TO FILE ITS ANNUAL ANNUAL UPDATES TO FORM ADV BETWEEN JANUARY 1, 2018 AND MARCH 31, 2018 WHICH IS NINETY (90) DAYS FOLLOWING THE FIRM'S FISCAL YEAR END, IN VIOLATION OF 710 IAC4-9-16(A)(2017). Status: Final Sanction Detail: $1,500 PAID IN FULL ON 5/15/2021. Summary: N/A
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Educational seminars/workshops
Custody
Reported custodians
- Pershing $166M (78% of AUM) Mar 2026
- Osaic Wealth, Inc. $97.9M (100% of AUM) Sep 2023
- National Financial Services (Fidelity) $46.6M (22% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 17, 2026.
View current Form ADV (SEC/IAPD) ↗