# Schmidt Wealth Management

> Schmidt Wealth Management is a state-registered investment advisory firm in Fargo, ND, registered since 2006, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated February 17, 2026.

- CRD: 142302
- Filed as: SCHMIDT WEALTH MANAGEMENT
- Legal name: James a Schmidt, Inc.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Fargo, ND
- Filing period: October 2026
- Form ADV filing dated: February 17, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/142302
- AdvisorCensus page: https://advisorcensus.com/firm/schmidt-wealth-management-fargo-nd-142302

## Quick answers

**How is Schmidt Wealth Management compensated?**
On its Form ADV (Item 5.E, October 2026), Schmidt Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Schmidt Wealth Management located?**
Schmidt Wealth Management's principal office is in Fargo, ND, according to its Form ADV.

**Is Schmidt Wealth Management registered with the SEC or a state?**
Schmidt Wealth Management is a state-registered investment advisory firm, registered since 2006. Status as filed: APPROVED. CRD 142302.

**How much does Schmidt Wealth Management manage?**
Schmidt Wealth Management reports $96,324,737 in regulatory assets under management in its Form ADV filing dated February 17, 2026 (100% discretionary).

**What types of clients does Schmidt Wealth Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (45); high net worth individuals (23).

**Does Schmidt Wealth Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/142302

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Regulatory assets under management (Item 5.F)
- Total: $96,324,737
- Discretionary: $96,324,737
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 45 | $83,159,312 |
| High net worth individuals | 23 | $6,621,353 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $6,111,497 |
| Charitable organizations | Fewer than 5 | $432,575 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### 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 (19 years)
- Employees: 4 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MN, ND
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- schmidtwealth.com

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Schmidt Wealth Management (CRD 142302): Form ADV filing data as of October 2026.