Higgins & Schmidt Wealth Strategies LLC

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Client assets under management

$277,702,054

Clients

235

43% high-net worth

Advisors

of 6 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

High

Average account size

$1,181,711

About

Higgins & Schmidt Wealth Strategies LLC provides discretionary portfolio management primarily to individual and high-net-worth clients, and also serves charitable organizations and business entities. The firm manages roughly $279 million in client assets through a three-advisor team and prepares individualized investment policy statements to document goals, tax considerations, and risk tolerance.

HSWS constructs portfolios using modern portfolio theory and implements those plans across mutual funds, ETFs, equities, fixed income, structured products and separately managed accounts. The firm employs long-term trading as well as margin and options strategies and generally requires discretionary authority to execute client transactions.

Noteworthy aspects include HSWS’s role as sponsor and portfolio manager of a wrap fee program that covers client accounts and the firm’s close operational ties to LPL Financial: its investment adviser representatives are registered representatives of LPL and clients are required to use LPL as custodian. The brochure also discloses that some advisers are licensed to sell insurance and may earn commission compensation, and that the firm received a forgivable loan from its custodian that will be forgiven through 2028, items the firm identifies as potential conflicts of interest.

Client services

Financial planning Portfolio management

Expertise

Options & derivatives strategies Active portfolio management

Fee options

Percentage

$1 - $1,000,000: 1.50% annually $1 - $1,500,000: 1.25% annually $1,500,000.01 - $3,000,000: 1.00% annually $3,000,000.01 - $10,000,000: 0.50% annually $10,000,000.01+: 0.25% annually

Other

Account minimum: $500,000

Main office location

Higgins & Schmidt Wealth Strategies LLC

1934 Market Street

Denver CO 80202, United States

Number of offices

Most active in

California · Colorado · Illinois · Texas

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn Facebook Instagram Website (720) 287-0918

Advisors at this firm

Molly C

CFP®, Series 66

Denver, CO

Higgins & Schmidt Wealth Strategies LLC

Molly Cooper is a CFP® and holds a Series 66 license with 12 years of industry experience. She has worked at Higgins & Schmidt Wealth Strategies LLC and LPL Financial LLC since 2014, with prior experience at Raymond James Financial Services Advisors Inc. Cooper is also registered as an investment-related insurance agent. Higgins & Schmidt Wealth Strategies LLC provides discretionary portfolio management primarily to individual and high-net-worth clients, as well as charitable organizations and business entities. The firm emphasizes tailored investment policy statements, ongoing portfolio monitoring, and asset allocation based on client goals and risk tolerance.

Options & derivatives strategies Active portfolio management

Allison S

CFP®, Series 66

Denver, CO

Higgins & Schmidt Wealth Strategies LLC

Allison Schmidt is a CFP® with 17 years of industry experience, currently serving at Higgins & Schmidt Wealth Strategies LLC. She has worked at LPL Financial since 2017 and was previously with Raymond James Financial Services from 2010 to 2017. Schmidt is involved in managing a real-estate holding company as an additional business activity. Higgins & Schmidt Wealth Strategies LLC provides discretionary portfolio management primarily to individual and high-net-worth clients, as well as charitable organizations and business entities. The firm emphasizes long-term trading and asset allocation based on modern portfolio theory, utilizing a range of investment products including mutual funds, equities, fixed income, ETFs, and structured products.

Options & derivatives strategies Active portfolio management

Steven H

CFP®, Series 63, Series 65

Denver, CO

Higgins & Schmidt Wealth Strategies LLC

Steven Higgins is a CFP® with 20 years of experience in the financial industry. He is a principal at Higgins & Schmidt Wealth Strategies LLC, where he has worked since 2010. Prior to that, he held roles at Raymond James Financial Services Advisors and LPL Financial. Higgins & Schmidt Wealth Strategies LLC provides discretionary portfolio management primarily to individual and high-net-worth clients, as well as charitable organizations and business entities. The firm emphasizes tailored asset allocation and ongoing portfolio monitoring based on each client’s Investment Policy Statement and applies modern portfolio theory within a range of investment vehicles.

Options & derivatives strategies Active portfolio management

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