Blake Schutter Theil Wealth Advisors, Llc
- Regulatory AUM
- $459M
- Discretionary
- $447M
- Clients
- 192
- Avg AUM / client
- $2.4M
- Accounts
- 432
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 85 | $24.6M | 5.35% |
| High net worth individuals | 80 | $325M | 70.7% |
| Banking or thrift institutions | 0 | $0 | — |
| Pension and profit sharing plans | 8 | $15.4M | 3.35% |
| Charitable organizations | 4 | $2.7M | 0.6% |
| State or municipal government entities | 0 | $0 | — |
| Other investment advisers | 0 | $0 | — |
| Insurance companies | 0 | $0 | — |
| Sovereign wealth funds and foreign official institutions | 0 | $0 | — |
| Corporations and other businesses | 15 | $91.8M | 20.0% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Barnes, Dennig & Co., Ltd. Profit Sharing Plan Barnes, Dennig & Co., Ltd. | 2024 |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Blake, Edward, James | Chief Compliance Officer | Nov 2017 (9y) | ≈ 18.75% – 50% via Blake Schutter Theil Holdings, Llc | |
| Mark Edward Schutter | President | Jan 2020 (7y) | ≈ 18.75% – 50% via Blake Schutter Theil Holdings, Llc | |
| Matthew Tristen Theil | Chief Investmnet Officer | Jul 2024 (2y) | ≈ 18.75% – 50% via Blake Schutter Theil Holdings, Llc | |
| Scott David Schwalich | Registered representative | CFP | Sep 2022 (4y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Blake Schutter Theil Holdings, Llc | Entity | Jul 2024 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Blake, Edward, James: 25% – 50% of Blake Schutter Theil Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Mark Edward Schutter: 25% – 50% of Blake Schutter Theil Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Matthew Tristen Theil: 25% – 50% of Blake Schutter Theil Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% 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.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Barnes, Dennig & Co., Ltd. Profit Sharing Plan | Barnes, Dennig & Co., Ltd. | 157 | $39.3M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.1 MB | 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
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- Fidelity Brokerage Services $247M (54% of AUM) Mar 2026
- Charles Schwab & Co. $213M (46% 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 30, 2026.
View current Form ADV (SEC/IAPD) ↗