Higgins & Schmidt Wealth Strategies Llc
- Regulatory AUM
- $279M
- Discretionary
- $279M
- Clients
- 239
- Avg AUM / client
- $1.2M
- Accounts
- 861
- Employees
- 6
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) | 133 | $51.7M | 18.5% |
| High net worth individuals | 102 | $226M | 80.9% |
| Corporations and other businesses | 4 | $1.8M | 0.63% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Allison Louise Schmidt | Member | CFP | Dec 2015 (11y) | ≈ 37.5% – 75% via Allison L Schmidt Inc |
| Steven Grant Higgins | Member | CFP | Dec 2015 (11y) | 50% – 75% |
| Molly Jeanne Cooper | Chief Compliance Officer | CFP | Dec 2016 (10y) | Less than 5% |
| Laura Kathryn Schmidt | Registered representative | Mar 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Allison L Schmidt Inc | Member | Dec 2015 | A | 50% – 75% |
Estimated effective ownership (look-through of filed bands):
- Allison Louise Schmidt: 75% – 100% of Allison L Schmidt Inc × 50% – 75% direct ≈ 37.5% – 75% of the firm
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 | 903 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- LPL Financial $279M (100% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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) ↗