# Jacobson & Schmitt Advisors, LLC

> Jacobson & Schmitt Advisors, LLC is an SEC-registered investment advisory firm in Middleton, WI, registered since 2006, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 5, 2026.

- CRD: 140431
- Filed as: JACOBSON & SCHMITT ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Middleton, WI
- Filing period: October 2026
- Form ADV filing dated: August 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140431
- AdvisorCensus page: https://advisorcensus.com/firm/jacobson-and-schmitt-advisors-llc-middleton-wi-140431

## Quick answers

**How is Jacobson & Schmitt Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Jacobson & Schmitt Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Jacobson & Schmitt Advisors, LLC located?**
Jacobson & Schmitt Advisors, LLC's principal office is in Middleton, WI, according to its Form ADV.

**Is Jacobson & Schmitt Advisors, LLC registered with the SEC or a state?**
Jacobson & Schmitt Advisors, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 140431.

**How much does Jacobson & Schmitt Advisors, LLC manage?**
Jacobson & Schmitt Advisors, LLC reports $676,435,703 in regulatory assets under management in its Form ADV filing dated August 5, 2026 (100% discretionary).

**How have Jacobson & Schmitt Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Jacobson & Schmitt Advisors, LLC: Regulatory assets under management: $354,345,480 in the October 2021 data and $676,435,703 in the October 2026 data, up 91%. Total employees: 9 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Jacobson & Schmitt Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (299); high net worth individuals (138); charitable organizations (17).

**Which custodians does Jacobson & Schmitt Advisors, LLC use?**
Jacobson & Schmitt Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Jacobson & Schmitt Advisors, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/140431

**What changed in Jacobson & Schmitt Advisors, LLC's recent Form ADV filings?**
In the September 2026 filing data: Registered or notice-filed in OR.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $676,435,703
- Discretionary: $676,435,703
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 299 | $141,500,039 |
| High net worth individuals | 138 | $454,872,999 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $4,233,859 |
| Charitable organizations | 17 | $67,983,200 |
| Corporations or other businesses not listed above | 8 | $7,845,606 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2006 (20 years)
- Employees: 15 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AZ, CA, CO, FL, GA, IL, MI, MN, NC, NY, OH, OR, PA, TX, UT, VA, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- jandsadvisors.com
- LinkedIn @JANDSADVISORS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $354,345,480 | 9 | March 3, 2021 |
| October 2022 | $456,282,437 | 13 | March 4, 2022 |
| October 2023 | $364,350,203 | 12 | September 22, 2023 |
| October 2024 | $461,151,832 | 14 | September 25, 2024 |
| October 2025 | $589,962,622 | 15 | March 7, 2025 |
| October 2026 | $676,435,703 | 15 | August 5, 2026 |

Regulatory assets under management: $354,345,480 in the October 2021 data and $676,435,703 in the October 2026 data, up 91%.
Total employees: 9 in October 2021 and 15 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Registered or notice-filed in OR.

### April 2026
- Regulatory assets under management went from $589,962,622 to $676,435,703 (+15%).

### December 2025
- Registered or notice-filed in WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Jacobson & Schmitt Advisors, LLC (CRD 140431): Form ADV filing data as of October 2026.