Schmidt Financial Group, Inc.

Schmidt Financial Group, Inc. (SFGI) is a financial advisory firm established in 2002, with NFP Corp. as the principal owner. SFGI offers investment management services on a discretionary basis, managing household assets based on clients' goals and financial situations. Clients grant SFGI trading authority to select third-party managers and execute transactions. SFGI conducts due diligence on investment options and utilizes unaffiliated portfolio managers, mutual funds, and individual securities. The firm also provides sub-advisory services through agreements with independent investment advisers. SFGI manages $475,225,164 in client assets as of December 31, 2023. The firm offers financial planning and consulting services, including asset management, liability management, and relationship management. SFGI charges an advisory fee based on a tiered annual rate, with a minimum quarterly fee. Financial planning fees range from $500 to $20,000, with hourly fees at $500. SFGI does not charge performance-based fees and requires a minimum investment of $1,000,000. The firm's investment strategies include fundamental and technical analysis, recommending mutual funds, variable annuities, variable life insurance, public equity, corporate debt, municipal securities, and private securities. SFGI tailors portfolios based on client goals and risk tolerance, with a focus on regular client meetings and ongoing review of accounts. SFGI does not engage in frequent trading of securities and discloses material risks associated with certain investments. Clients are advised on the risk of loss and potential conflicts of interest.