Newman Schimel

Newman Schimel, LLC, operating as Newman Schimel, is an investment advisory firm established in 2006 and registered as an Investment Adviser Firm on the same date. The firm is co-owned by Jack Newman and Bryan Schimel. They offer investment management services to various clients, including individuals, business entities, and charitable organizations, on a discretionary and/or non-discretionary basis. Services may include retirement planning analysis and financial planning consultation upon client request. The annual investment advisory fee ranges between negotiable and 1.25%, with a minimum quarterly fee up to $500, based on factors such as asset value and complexity of services. Clients have the option to have fees deducted from their custodial account. The firm primarily allocates client assets among individual equity and debt securities, mutual funds, and exchange-traded funds. Newman Schimel does not accept performance-based fees and does not participate in a wrap fee program. The firm does not vote client proxies and does not receive compensation from the sale of securities. Clients are encouraged to review financial planning issues annually, and account reviews are conducted regularly. The firm recommends Charles Schwab as a broker-dealer/custodian for client assets. Clients receive written transaction confirmations and account statements from the custodian. Newman Schimel does not compensate individuals for client referrals and does not vote client proxies. Clients have the option to grant the firm discretionary authority over their accounts, with the ability to impose restrictions as needed. The firm does not solicit fees in advance exceeding $1,200 per client. Newman Schimel has not been subject to disciplinary actions or bankruptcy petitions. For further inquiries, clients can contact Bryan Schimel, the Chief Compliance Officer.