Jacobson & Schmitt Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, philanthropic planning, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Jacobson & Schmitt Advisors reports 462 clients. They include 299 individual clients, 138 high-net-worth individuals and 17 charitable organizations. Of its assets, 100.0% ($676M across 1,292 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 21% |
| High-net-worth individuals | 30% | 67% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Charitable organizations | 4% | 10% |
| Corporations and other businesses | 2% | 1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 299 | $142M | 20.9% | $473K |
| High-net-worth individuals | 138 | $455M | 67.2% | $3.3M |
| Pension and profit-sharing plans | Fewer than 5 | $4.23M | 0.6% | — |
| Charitable organizations | 17 | $68M | 10.1% | $4M |
| Corporations and other businesses | 8 | $7.85M | 1.2% | $981K |
| Total | 462 | $676M | 100% | — |
- Clients
- 299
- Regulatory AUM
- $142M
- AUM share
- 20.9%
- Avg. per client
- $473K
- Clients
- 138
- Regulatory AUM
- $455M
- AUM share
- 67.2%
- Avg. per client
- $3.3M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.23M
- AUM share
- 0.6%
- Avg. per client
- —
- Clients
- 17
- Regulatory AUM
- $68M
- AUM share
- 10.1%
- Avg. per client
- $4M
- Clients
- 8
- Regulatory AUM
- $7.85M
- AUM share
- 1.2%
- Avg. per client
- $981K
Total
- Clients
- 462
- Regulatory AUM
- $676M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Jacobson & Schmitt Advisors charges 0.50%–1.25% a year for its Wealth Management Services. The fee is billed in advance, is negotiable and has a $1,000 annual minimum. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Estate Planning Services
- Delivered through EncorEstate Plans on a one-time fixed fee, generally up to $5,000; the overall fee may be higher if additional services are selected.
- Financial Planning and Consulting
- Annual financial planning fee of $5,000 to $50,000, typically 0.50% of net worth excluding the primary residence plus 1.00% of earned income, billed quarterly in advance.
- Retirement Plan Advisory Services
- Asset-based fee of 0.25% to 1.10% a year of plan assets, negotiable and billed to the plan sponsor or deducted from plan assets.
Jason Schmitt owns 50% to 75% of Jacobson & Schmitt Advisors. The leadership team of Jacobson & Schmitt Advisors includes Chief Compliance Officer Jason Schmitt. It has 15 employees, 12 of them in advisory roles.
Staff
- 15 employees
- 12 in advisory functions
- 12 state-registered reps
- Owns 50% to 75% of Jacobson & Schmitt Advisors, LLC
Jason Schmitt
Control person · since April 2006
- Owns 10% to 25% of Jacobson & Schmitt Advisors, LLC
Richard Vanden Boogard
Control person · since December 2014
- Owns 10% to 25% of Jacobson & Schmitt Advisors, LLC
Adam Sweet
Control person · since June 2019
Jacobson & Schmitt Advisors’ regulatory assets grew 1.9× from $354M (March 2021) to $676M (August 2026); clients rose from 282 to 462 and employees from 9 to 15.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $676M | 462 | 15 | 3 |
| Mar 2025March 2025 | $590M | 413 | 15 | 3 |
| Mar 2024March 2024 | $461M | 385 | 14 | 3 |
| Mar 2023March 2023 | $364M | 359 | 12 | 1 |
| Mar 2022March 2022 | $456M | 326 | 13 | 1 |
| Mar 2021March 2021 | $354M | 282 | 9 | 1 |
Besides its headquarters, Jacobson & Schmitt Advisors has 2 offices (2 private residences, listed without an address), with 1 listed address in 1 state.
Wisconsin · 1 listed address
- 8333 Greenway BLVD, Suite 330, MiddletonHQ
Contact and registration details
- Legal name
- Jacobson & Schmitt Advisors, LLC
- Headquarters
- 8333 Greenway BLVD, Suite 330, Middleton, WI 53562
- Website
- jandsadvisors.com
- Phone
- 608-662-7500
- SEC file
- 801-66735
- Founded
- 2006
- Structure
- Wisconsin LLC
- Fiscal year end
- December
Jacobson & Schmitt Advisors’ named custodian for separately managed accounts is Charles Schwab ($665M). Jacobson & Schmitt Advisors has custody of $307M for 230 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $665M100%
At year end, Jacobson & Schmitt Advisors’ separately managed accounts were mostly in stocks (95%). Its reported 13F holdings for the quarter ended 30 June 2026 total $612M across 81 positions; the largest are Amphenol Corp. (6.9%), iShares TR (5.9%) and ASML Hldg NV (4.7%).
What the accounts hold
- Stocks95%
- Exchange-traded equities90%
- Non-exchange-traded equities5%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash2%
How many clients does Jacobson & Schmitt Advisors have?
Jacobson & Schmitt Advisors has 462 clients and manages $676 million for them, as of August 2026. They include 299 individual clients, 138 high-net-worth individuals and 17 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 August 2026
What services does Jacobson & Schmitt Advisors offer?
Jacobson & Schmitt Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Jacobson & Schmitt Advisors charge?
Jacobson & Schmitt Advisors charges 0.50%–1.25% a year for its Wealth Management Services. The fee is billed in advance, is negotiable and has a $1,000 annual minimum.
Source: JACOBSON & SCHMITT DISCLOSURE BROCHURE, filed 5 August 2026
Which custodians does Jacobson & Schmitt Advisors use?
Jacobson & Schmitt Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $665M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 August 2026
How many financial advisors does Jacobson & Schmitt Advisors have?
Jacobson & Schmitt Advisors has 12 investment adviser representatives registered with state securities authorities, out of 15 employees, and 12 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Jacobson & Schmitt Advisors invest in?
At the end of its last fiscal year, Jacobson & Schmitt Advisors’ separately managed accounts held 90% exchange-traded equities, 5% non-exchange-traded equities, 2% cash and equivalents, 1% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Jacobson & Schmitt Advisors?
Jacobson & Schmitt Advisors’ direct owners are Jason Schmitt (50% to 75%), Richard Vanden Boogard (10% to 25%) and Adam Sweet (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 5 August 2026
How does Jacobson & Schmitt Advisors get paid?
Jacobson & Schmitt Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Jacobson & Schmitt Advisors?
Jacobson & Schmitt Advisors’ main office is at 8333 Greenway BLVD, Suite 330, Middleton, WI 53562. Its phone number is 608-662-7500. Its website is jandsadvisors.com.