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Martin Schmidt

Advisor at Carrera Capital Advisors

Updated today

Location

Troy, MI 48084-5611

Credentials

CFP®, ChFC®, Series 63, Series 65

Industry experience

40 years

About

Martin Schmidt is a CFP® and ChFC® with 40 years of experience in the financial services industry. He is currently with Carrera Capital Advisors, joining in 2024 after a long career at Northwestern Mutual and related entities from 1984 to 2024. Outside of his advisory work, he is a part owner of a family LLC that owns two boats. Carrera Capital Advisors serves individuals, retirement plans, foundations, and other institutions with financial planning, portfolio management, and consulting services. The firm employs a combination of macroeconomic, fundamental, and behavioral analysis along with proprietary quantitative tools and AI techniques to construct diversified, tax-aware portfolios tailored to client objectives.

Client services

Based on Carrera Capital Advisors

Financial planning Portfolio management

Expertise

Based on Carrera Capital Advisors

Tax-loss harvesting Active portfolio management Passive / index investing Concentrated stock management Private / alternative investments

Occupation focus

Based on Carrera Capital Advisors

Executive Founder/Business Owner

Demographic focus

Based on Carrera Capital Advisors

Approaching retirement HENRY (High Earners, Not Rich Yet)

Fee options

Fixed

Financial planning fees on a flat-fee basis typically ranging from $1,000 to $25,000 per engagement; termination fee equal to one-half the agreed upon planning fee if terminated early.

Percentage

$0 - $500,000: 1.40% annually $500,001 - $1,000,000: 0.90% annually $1,000,001 - $3,000,000: 0.80% annually $3,000,001 - $5,000,000: 0.70% annually $5,000,001 - $10,000,000: 0.50% annually $10,000,001 - $20,000,000: 0.40% annually $20,000,001 - $50,000,000: 0.20% annually $50,000,001+: Negotiable

Commissions

Certain representatives receive commissions for sales of fixed insurance products only.

Other

Fee-only: Financial planning fees generally range from $1,000 to $25,000 per engagement, flat fee basis, negotiable. Fixed fee or 0.1%-0.6% AUM for retirement plan clients.

Location

901 Wilshire Drive, Suite 565

Troy, MI 48084-5611

Most active in

Michigan

Work history

Carrera Capital Advisors

2024 - Present (2 years)

Northwestern Mutual Wealth Management Company

2007 - 2024 (17 years)

Northwestern Mutual Investment Management

1990 - 2024 (34 years)

The Northwestern Mutual Life Insurance C

1989 - 2024 (35 years)

Mututal/United of Omaha

1984 - 2024 (40 years)

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Kimberly H

CFP®, CRPC®

Troy, MI

Innermost Wealth Management, LLC

I founded Innermost™ Wealth Management to create a more personal, thoughtful approach to financial planning and wealth management. My background in both finance and psychology shaped my belief that money is not just about numbers. It is deeply personal and connected to your values, goals, and life experiences. I work with professionals who want to grow and simplify their wealth, with a special focus on women navigating career growth, equity compensation, and major life transitions such as divorce. Many of my clients are balancing busy lives and complex financial decisions, and they value having a long-term financial partner who truly understands their needs. My firm is centered on ongoing wealth management through investment advisory relationships. Clients work with me for comprehensive financial planning and investment management that evolves with them over time. As a CERTIFIED FINANCIAL PLANNER® Professional, Chartered Retirement Planning Counselor℠, and Certified Divorce Financial Analyst® Candidate, I provide technical expertise and strategic guidance, while also recognizing the emotional side of financial decisions. My approach is compassionate, judgment-free, and designed to reduce stress while helping you feel more confident in your choices. I operate a fully virtual firm, working with clients across the country who appreciate flexibility and convenience. My goal is to simplify your financial life, provide clear advice, and help you align your wealth with what matters most to you. Outside of work, I enjoy traveling, photography, cooking, and spending quality time with my Beagle, Gracie.

General retirement planning General tax planning Wealth management Startup equity planning Divorce financial planning Women Professionals Life coaching / goal alignment Established Professionals Approaching retirement Dual Income Family
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Eldin F

Series 63, Series 65

Southfield, MI

Sterling Advisory Group LLC

Eldin Foco is a financial advisor at Sterling Advisory Group LLC with 18 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at several firms including CIG Capital Advisors and Cco Investment Services Corp. since 2012. Sterling Advisory Group provides portfolio management, financial planning, and retirement-plan consulting to individuals, families, trusts, foundations, businesses, and employer-sponsored plans. The firm manages client accounts on a tailored basis and also serves institutional clients, offering a range of strategic investment models that emphasize asset allocation, diversification, and Shariah-compliant selection.

ESG / Sustainable investing Equity compensation tax strategy Business succession planning Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive Values-based investing
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John C

Series 63, Series 65

Grosse Pointe Farms, MI

Conway Asset Management, Inc.

John Conway is the principal advisor at Conway Asset Management, Inc. in Grosse Pointe Farms, MI, holding Series 63 and Series 65 licenses with 10 years of industry experience. He has been with Conway Asset Management since 1988. Conway Asset Management is an independent, state-registered advisory firm that provides discretionary portfolio management and limited hourly investment counseling to individuals, retirement plans, trusts, estates, and charitable organizations. The firm employs a fundamental investment approach focused on companies with strong growth and conservative balance sheets, managing accounts across equities, inflation hedges, fixed income, and cash equivalents.

Active portfolio management Options & derivatives strategies Concentrated stock management
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Daniel S

Series 63, Series 65

Bingham Farms, MI

Octo Capital, LLC

Tax-loss harvesting Retirement income strategy Income planning Equity compensation tax strategy Charitable giving & philanthropy Executive
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Peter M

Series 65

Bloomfield Hills, MI

Sound Financial Planning LLC

Peter Mc Caffrey is a financial advisor at Sound Financial Planning LLC in Bloomfield Hills, MI. He holds a Series 65 designation and has one year of industry experience. Outside of financial advising, he has been a professional cellist with the Detroit Symphony Orchestra since 2012. Sound Financial Planning LLC provides fee-only, advice-only financial planning to individuals and high-net-worth clients, focusing on diversified, passive investment strategies and comprehensive financial planning without managing client assets or exercising investment discretion.

Cash flow / budgeting Debt management College savings (529s, UTMA, etc.)
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Kevin R

CFP®, Series 63, Series 65, Series 66

Rochester Hills, MI

Predmore Advisors LLC

Kevin Radell is a CFP® professional with 20 years of experience in financial advising. He is the principal at Predmore Advisors LLC and has previously worked at Morgan Stanley and The Prudential Insurance Company of America. Outside of his advisory role, he is involved in fine art sales through Predmore Fine Art LLC and provides business consulting via Predmore Holdings Inc. Predmore Advisors LLC primarily manages pooled vehicles and institutional assets while also serving individual clients. The firm offers investment advisory services including retirement strategy analysis, cash-flow budgeting, diversification and insurance recommendations, and tax and estate planning, generally on a non-discretionary basis.

General retirement planning Cash flow / budgeting Wealth management General tax planning General estate planning guidance
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