Schaefer Wealth Management, Inc.
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$79,039,689
Clients
296
0% high-net worth
Advisors
1
of 2 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
296
Very HighAverage account size
$267,026
About
Schaefer Wealth Management provides discretionary investment management and financial planning to individuals, high‑net‑worth clients, and business owners. The firm offers two planning approaches—a Second Opinion Review and a comprehensive Wealth Management option that combines ongoing portfolio management with holistic planning.
Portfolios are customized to each client’s goals and risk tolerance and may include mutual funds, ETFs, individual equities and fixed income, and limited option strategies; the firm typically exercises discretionary trading authority, rebalances accounts, and may hire third‑party sub‑advisors while continuing to monitor and oversee their performance. Client relationships include periodic reviews at least annually and ad hoc reviews when circumstances change.
Noteworthy differences from many peers include that certain advisory personnel are licensed insurance agents and may receive commission‑based compensation for insurance product sales, and the firm discloses fee‑sharing arrangements with sub‑advisors and participation in custodian institutional programs that provide educational events and other nonmonetary benefits. The firm’s regulatory history is disclosed in its brochure: a 2010 FINRA acceptance of a suspension and fine relating to undisclosed annuity activity by a managing member, and a 2018 Missouri consent order that censured the firm and imposed a $25,000 fine for transacting in the state while unregistered.
Client services
Financial planning
Portfolio management
Selection of other advisers
Educational seminars or workshops
Expertise
Retirement income strategy
General retirement planning
Income planning
Annuities
Options & derivatives strategies
Occupation focus
Founder/Business Owner
Executive
Fee options
One-time financial planning fee of $750 for Wealth Management service
$0 - $500,000: 1.40% annually $500,001 - $1,500,000: 1.25% annually $1,500,001 - $3,000,000: 1.00% annually $3,000,001+: Negotiable
Advisory professionals may receive commission-based compensation for insurance product sales
Financial planning Second Opinion Review charged at $150/hour
Minimum fee: Minimum fee of $1,200 for Second Opinion Review financial planning service Fee-only: Financial planning fees: $150/hour for Second Opinion Review with $1,200 minimum; $750 one-time planning fee for Wealth Management planning
Main office location
Schaefer Wealth Management, Inc.
200 S. Market Street
Waterloo IL 62298, United States
Number of offices
1
Most active in
Schaefer Wealth Management, Inc. has reported serving >5 clients in these states in the last 12 months.
Illinois · Missouri · Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
-
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.
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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.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
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