{"url":"https://nivawealth.com/firms/schmidt-jacob-aaron-121034","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/121034","regulatoryAum":212629231,"crd":"121034","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7912490","suffix":null,"lastName":"BARNES","firstName":"ANDREW","middleName":"PAUL"},{"crd":"6106073","suffix":null,"lastName":"BUEHNER","firstName":"NOAH","middleName":"ARTHUR"},{"crd":"2896986","suffix":null,"lastName":"MACKE","firstName":"ROBERT","middleName":"ROY"},{"crd":"6950296","suffix":null,"lastName":"ROBINSON","firstName":"CODY","middleName":"JAMES"},{"crd":"5940697","suffix":null,"lastName":"SCHMIDT","firstName":"JACOB","middleName":"AARON"},{"crd":"1161772","suffix":null,"lastName":"SCHMIDT","firstName":"KENNETH","middleName":"PAUL"},{"crd":"7490430","suffix":null,"lastName":"VANDENBERGHE","firstName":"BENJAMIN","middleName":"PAUL"}],"total":7,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2022-04-19","regulatoryAum":115083035,"clients":311,"employees":4,"offices":1},{"filedOn":"2023-08-04","regulatoryAum":98308566,"clients":353,"employees":4,"offices":1},{"filedOn":"2024-02-14","regulatoryAum":153393473,"clients":440,"employees":5,"offices":1},{"filedOn":"2025-04-09","regulatoryAum":179182155,"clients":472,"employees":7,"offices":1},{"filedOn":"2026-03-17","regulatoryAum":212629231,"clients":489,"employees":7,"offices":1}],"secFileNumber":"801-123630","legalName":"Schmidt, Jacob Aaron","displayName":"Schmidt, Jacob Aaron","slug":"schmidt-jacob-aaron-121034","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/financial-planning-services---tobuildwealth-com","founded":null,"organization":"Indiana sole proprietorship","fiscalYearEnd":"December","headquarters":{"street":"6920 Pointe Inverness Way, Ste 170","city":"Fort Wayne","state":"IN","stateName":"Indiana","country":"United States","postalCode":"46804"},"tradeNames":[],"registration":{"secApproved":"11 April 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":408907.0455486542,"staff":{"employees":7,"advisory":7,"brokerDealerReps":7,"insuranceAgents":5,"promoters":0},"aum":{"regulatory":212629231,"discretionary":212076760,"discretionaryAccounts":1058,"nonDiscretionary":552471,"nonDiscretionaryAccounts":9,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":8},"clientTypes":[{"label":"Individuals (other than HNW)","clients":425,"regulatoryAum":98490023},{"label":"High-net-worth individuals","clients":58,"regulatoryAum":99012080},{"label":"Charitable organizations","clients":4,"fewerThan5":true,"regulatoryAum":3843807},{"label":"Corporations and other businesses","clients":2,"fewerThan5":true,"regulatoryAum":11283321}],"feePrograms":[{"role":"main","program":"Advisor Managed Portfolios (Non-Wrap Account)","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020514","versionId":1020514,"ratePeriod":"not_stated","fee_billing":"advance","submittedOn":"2026-03-17","documentName":"ADV 2A + 2B FINANCIAL PLANNING SERVICES BROCHURE","fee_rate_low":0.625,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning Services","summary":"The first-year fee is the greater of 1.25% of adjusted gross income or 0.125% of net worth, minimum $750; renewal is the greater of 0.75% of adjusted gross income or 0.075% of net worth, minimum $500.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020514","versionId":1020514,"submittedOn":"2026-03-17","documentName":"ADV 2A + 2B FINANCIAL PLANNING SERVICES BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:34:04.56594+00:00","documents":[{"name":"ADV 2A + 2B FINANCIAL PLANNING SERVICES BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020514","versionId":1020514,"submittedOn":"2026-03-17"}]},"custodians":[{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":46611386},{"name":"Pershing Advisor Solutions LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":166017845}],"custodyNote":"Schmidt, Jacob Aaron has custody of $89M in client assets for 220 clients.","otherCustodians":[],"leadership":[{"name":"Jacob Schmidt","title":"Owner/Chief Compliance Officer","crd":"5940697"}],"ownership":[{"label":"Jacob Schmidt","detail":"Owner/chief compliance officer in the 75% or more ownership band and a control person, since October 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Indiana","offices":1,"addresses":[{"street":"6920 Pointe Inverness Way, Ste 170","city":"Fort Wayne","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"260-469-3218","stateRegisteredReps":7,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Educational seminars/workshops"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":96},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"17 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/121034/PDF/121034.pdf","brochureDate":"17 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020514","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Schmidt, Jacob Aaron have?","answer":"Schmidt, Jacob Aaron has 489 clients and manages $213 million for them, as of March 2026. They include 425 individual clients, 58 high-net-worth individuals and 4 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Schmidt, Jacob Aaron offer?","answer":"Schmidt, Jacob Aaron provides financial planning, portfolio management for individuals and small businesses, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Schmidt, Jacob Aaron charge?","answer":"Schmidt, Jacob Aaron charges 0.625%–1.25% for its Advisor Managed Portfolios (Non-Wrap Account). The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.","source":"ADV 2A + 2B FINANCIAL PLANNING SERVICES BROCHURE, filed 17 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Schmidt, Jacob Aaron use?","answer":"Schmidt, Jacob Aaron’s separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $166M and National Financial Services LLC (Boston, MA), with $46.6M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Schmidt, Jacob Aaron have?","answer":"Schmidt, Jacob Aaron has 7 investment adviser representatives registered with state securities authorities, out of 7 employees, and 7 perform investment advisory functions. 7 employees are registered representatives of a broker-dealer and 5 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Schmidt, Jacob Aaron invest in?","answer":"At the end of its last fiscal year, Schmidt, Jacob Aaron’s separately managed accounts held 96% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents and 1% exchange-traded equities.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Schmidt, Jacob Aaron?","answer":"Schmidt, Jacob Aaron’s direct owner is Jacob Schmidt (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Schmidt, Jacob Aaron get paid?","answer":"Schmidt, Jacob Aaron 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Schmidt, Jacob Aaron?","answer":"Schmidt, Jacob Aaron’s main office is at 6920 Pointe Inverness Way, Ste 170, Fort Wayne, IN 46804. Its phone number is 260-469-3218.","source":"Form ADV Part 1A, Item 1.F, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}