AdvisorCensus / Financial advisors / Ohio / Cincinnati / Schmitt Wealth Advisers, LLC
Schmitt Wealth Advisers, LLC
Filed as SCHMITT WEALTH ADVISERS, LLC · Legal name Schmitt Wealth Advisers, Corp.
Schmitt Wealth Advisers, LLC is an SEC-registered investment advisory firm in Cincinnati, OH, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 30, 2026.
Quick answers
From the filingHow is Schmitt Wealth Advisers, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Schmitt Wealth Advisers, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is Schmitt Wealth Advisers, LLC located?
Schmitt Wealth Advisers, LLC's principal office is in Cincinnati, OH, according to its Form ADV.
Is Schmitt Wealth Advisers, LLC registered with the SEC or a state?
Schmitt Wealth Advisers, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 174958.
How much does Schmitt Wealth Advisers, LLC manage?
Schmitt Wealth Advisers, LLC reports $134,959,485 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (93% discretionary).
How have Schmitt Wealth Advisers, LLC's assets and staff changed since 2025?
In the Form ADV data for Schmitt Wealth Advisers, LLC: Regulatory assets under management: $117,754,806 in the October 2025 data and $134,959,485 in the October 2026 data, up 15%. Total employees: 3 in October 2025 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Schmitt Wealth Advisers, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (95); high net worth individuals (49); corporations or other businesses not listed above (1).
Which custodians does Schmitt Wealth Advisers, LLC use?
Schmitt Wealth Advisers, 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 Schmitt Wealth Advisers, 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/174958
Does Schmitt Wealth Advisers, LLC state an account minimum?
Its Form ADV Part 2A brochure dated April 29, 2026 says: "As a condition for starting and maintaining an investment management relationship, SWA generally imposes a minimum portfolio value of $250,000." "SWA may, in its sole discretion, accept clients with smaller portfolios based upon certain criteria, including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities."
What changed in Schmitt Wealth Advisers, LLC's recent Form ADV filings?
In the February 2026 filing data: Changed its legal name from Schmitt Wealth Advisers, LLC to Schmitt Wealth Advisers, Corp.. Regulatory assets under management went from $117,754,806 to $134,959,485 (+15%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: $250,000 (the brochure says it may be waived or negotiated)
The brochure's wording
As a condition for starting and maintaining an investment management relationship, SWA generally imposes a minimum portfolio value of $250,000.
SWA may, in its sole discretion, accept clients with smaller portfolios based upon certain criteria, including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities.
As stated in the firm's Form ADV Part 2A brochure dated April 29, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$134,959,485 as of October 2026, filing dated April 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Schmitt Wealth Advisers, Corp.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 3. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
2 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $134,959,485 | 3 | April 30, 2026 |
| October 2025 | $117,754,806 | 3 | March 3, 2025 |
Regulatory assets under management: $117,754,806 in the October 2025 data and $134,959,485 in the October 2026 data, up 15%.
Total employees: 3 in October 2025 and 3 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- February 2026
- Changed its legal name from Schmitt Wealth Advisers, LLC to Schmitt Wealth Advisers, Corp..
- Regulatory assets under management went from $117,754,806 to $134,959,485 (+15%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Schmitt Wealth Advisers, LLC (CRD 174958): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/schmitt-wealth-advisers-llc-cincinnati-oh-174958