{ "crd_number": 129865, "slug": "venn-wealth-and-benefit-services-llc-altoona-pa-129865", "primary_business_name": "VENN WEALTH & BENEFIT SERVICES, LLC", "legal_name": "VENN WEALTH & BENEFIT SERVICES, LLC", "dbas": [], "city": "Altoona", "state": "PA", "country": "United States", "cbsa_code": "11020", "metro": { "cbsa_code": "11020", "common_name": "Altoona", "msa_name": "Altoona, PA", "path": "/advisors/pa/altoona" }, "registration_type": "state", "registration_status": "APPROVED", "registration_date": "2004-03-08", "years_registered": 22, "period": "2026-10-01", "filing_date": "2026-05-13", "carried_forward": false, "raum_total": 32316818.0, "raum_discretionary": 30140512.0, "raum_non_discretionary": 2176306.0, "raum_band": "25m_100m", "raum_band_label": "$25 million to $100 million", "total_employees": 4, "advisory_employees": 4, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "individuals": { "raum": 25230590.0, "count": 130 }, "pension_profit_sharing": { "raum": 4800000.0, "count": null, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 2286228.0, "count": null, "fewer_than_5": true } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "pension_consulting", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 2, "states_registered": [ "PA" ], "websites": [ "https://linkedin.com/in/michael-schultz-rfc-aif-27b7304", "https://venn.us", "https://vennwealth.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/129865", "disclosure_items": [ { "item": "11.D(2)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?" }, { "item": "11.D(4)", "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?" } ], "city_as_filed": "ALTOONA", "url": "https://advisorcensus.com/firm/venn-wealth-and-benefit-services-llc-altoona-pa-129865", "display_name": "Venn Wealth & Benefit Services, LLC", "summary": "Venn Wealth & Benefit Services, LLC is a state-registered investment advisory firm in Altoona, PA, registered since 2004, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated May 13, 2026.", "citation": "AdvisorCensus. Venn Wealth & Benefit Services, LLC (CRD 129865): Form ADV filing data as of October 2026.", "registration_type_label": "State-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Pension consulting services", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Venn Wealth & Benefit Services, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Venn Wealth & Benefit Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Venn Wealth & Benefit Services, LLC located?", "a": "Venn Wealth & Benefit Services, LLC's principal office is in Altoona, PA, according to its Form ADV." }, { "q": "Is Venn Wealth & Benefit Services, LLC registered with the SEC or a state?", "a": "Venn Wealth & Benefit Services, LLC is a state-registered investment advisory firm, registered since 2004. Status as filed: APPROVED. CRD 129865." }, { "q": "How much does Venn Wealth & Benefit Services, LLC manage?", "a": "Venn Wealth & Benefit Services, LLC reports $32,316,818 in regulatory assets under management in its Form ADV filing dated May 13, 2026 (93% discretionary)." }, { "q": "What types of clients does Venn Wealth & Benefit Services, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (130)." }, { "q": "Does Venn Wealth & Benefit Services, LLC report any disciplinary disclosures?", "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/129865" } ], "filing_history": [], "recent_changes": [], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/venn-wealth-and-benefit-services-llc-altoona-pa-129865.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 130, "fewer_than_5": false, "raum": 25230590.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": null, "fewer_than_5": true, "raum": 2286228.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": null, "fewer_than_5": true, "raum": 4800000.0 } ], "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.", "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/129865", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }