Schneider Downs Wealth Management Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
Schneider Downs Wealth Management Advisors reports 786 clients. They include 569 individual clients, 108 pension and profit-sharing plans, and 94 high-net-worth individuals. Of its assets, 63.5% ($2.1B across 1,850 accounts) are managed with discretion; $1.21B across 102 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 19% |
| High-net-worth individuals | 12% | 38% |
| Pension and profit-sharing plans | 14% | 38% |
| Charitable organizations | <1% | 2% |
| State or municipal government entities | <1% | <1% |
| Other client typesCorporations and other businesses | 1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 569 | $640M | 19.4% | $1.12M |
| High-net-worth individuals | 94 | $1.24B | 37.6% | $13.2M |
| Pension and profit-sharing plans | 108 | $1.27B | 38.5% | $11.8M |
| Charitable organizations | 5 | $63.2M | 1.9% | $12.6M |
| State or municipal government entities | Fewer than 5 | $31.6M | 1.0% | $15.8M |
| Corporations and other businesses | 8 | $57.3M | 1.7% | $7.16M |
| Total | 786 | $3.31B | 100% | — |
- Clients
- 569
- Regulatory AUM
- $640M
- AUM share
- 19.4%
- Avg. per client
- $1.12M
- Clients
- 94
- Regulatory AUM
- $1.24B
- AUM share
- 37.6%
- Avg. per client
- $13.2M
- Clients
- 108
- Regulatory AUM
- $1.27B
- AUM share
- 38.5%
- Avg. per client
- $11.8M
- Clients
- 5
- Regulatory AUM
- $63.2M
- AUM share
- 1.9%
- Avg. per client
- $12.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $31.6M
- AUM share
- 1.0%
- Avg. per client
- $15.8M
- Clients
- 8
- Regulatory AUM
- $57.3M
- AUM share
- 1.7%
- Avg. per client
- $7.16M
Total
- Clients
- 786
- Regulatory AUM
- $3.31B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Schneider Downs Wealth Management Advisors charges 0.30%–1.00% a year for its Investment Management. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning for non-management clients
- Financial planning for clients who are not investment management clients is a fixed fee or hourly at $250 to $350, half payable at the start.
Schneider Downs Financial Advisors LP owns 75% or more of Schneider Downs Wealth Management Advisors. Derek Eichelberger is CEO; the leadership team includes Chief Compliance Officer Michael Divens. It has 28 employees, 22 of them in advisory roles.
Staff
- 28 employees
- 22 in advisory functions
- 22 state-registered reps
- 6 insurance agents
- Owns 75% or more of Schneider Downs Wealth Management Advisors, LP
Schneider Downs Financial Advisors LP
Control person · since June 2004
- Owns 75% or more of Schneider Downs Wealth Management Advisors, LP
Schneider Downs Financial Advisors
Control person · since June 2004
Schneider Downs Financial Advisors, LP
Member of Schneider Downs Advisors II LLC · Control person · since June 2004
Schneider Downs Advisors LLC
General partner · Control person · since June 2004
Schneider Downs Wealth Management Advisors’ regulatory assets grew 1.6× from $2.11B (March 2021) to $3.31B (March 2026); clients rose from 665 to 786 and employees from 24 to 28.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $3.31B | 786 | 28 | 2 |
| Jul 2025July 2025 | $2.91B | 756 | 27 | 2 |
| Mar 2024March 2024 | $2.61B | 776 | 27 | 2 |
| Mar 2023March 2023 | $2.18B | 742 | 29 | 2 |
| Mar 2022March 2022 | $2.47B | 700 | 26 | 2 |
| Mar 2021March 2021 | $2.11B | 665 | 24 | 3 |
Besides its headquarters, Schneider Downs Wealth Management Advisors has 1 office, with 2 listed addresses across 2 states.
Ohio · 1 listed address
- 65 East State Street, Columbus
Pennsylvania · 1 listed address
- One PPG Place, Suite 1700, PittsburghHQ
Contact and registration details
- Legal name
- Schneider Downs Wealth Management Advisors, LP
- Headquarters
- One PPG Place, Suite 1700, Pittsburgh, PA 15222
- Website
- schneiderdowns.com
- Phone
- 412-697-5200
- View profile
- SEC file
- 801-62441
- Structure
- Pennsylvania limited partnership
- Fiscal year end
- December
Schneider Downs Wealth Management Advisors’ named custodians for separately managed accounts are Charles Schwab ($1.9B, 62%) and American Trust Investment Services ($1.14B, 38%). Schneider Downs Wealth Management Advisors has custody of $654M for 346 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1.9B62%
- American Trust Investment ServicesAmerican Trust Investment Services, Inc. · San Clemente, CA · $1.14B38%
At year end, Schneider Downs Wealth Management Advisors’ separately managed accounts were mostly in funds (86%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.06B across 177 positions; the largest are Federated Hermes Inc. (18.4%), SPDR Index Shs Fds (8.6%) and Vanguard Index Fds (7.6%).
What the accounts hold
- Stocks8%
- Funds86%
- Bonds3%
- Cash3%
How many clients does Schneider Downs Wealth Management Advisors have?
Schneider Downs Wealth Management Advisors has 786 clients and manages $3.31 billion for them, as of March 2026. They include 569 individual clients, 108 pension and profit-sharing plans, and 94 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Schneider Downs Wealth Management Advisors offer?
Schneider Downs Wealth Management Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Schneider Downs Wealth Management Advisors charge?
Schneider Downs Wealth Management Advisors charges 0.30%–1.00% a year for its Investment Management.
Which custodians does Schneider Downs Wealth Management Advisors use?
Schneider Downs Wealth Management Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1.9B and American Trust Investment Services, Inc. (San Clemente, CA), with $1.14B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Schneider Downs Wealth Management Advisors have?
Schneider Downs Wealth Management Advisors has 22 investment adviser representatives registered with state securities authorities, out of 28 employees, and 22 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 6 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
What does Schneider Downs Wealth Management Advisors invest in?
At the end of its last fiscal year, Schneider Downs Wealth Management Advisors’ separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 8% exchange-traded equities, 3% state and local bonds and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Schneider Downs Wealth Management Advisors?
Schneider Downs Wealth Management Advisors’ direct owners are Schneider Downs Financial Advisors LP (75% or more) and Schneider Downs Financial Advisors (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Schneider Downs Wealth Management Advisors get paid?
Schneider Downs Wealth Management Advisors is paid through a percentage of assets under management, hourly charges 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 Schneider Downs Wealth Management Advisors?
Schneider Downs Wealth Management Advisors’ main office is at One PPG Place, Suite 1700, Pittsburgh, PA 15222. Its phone number is 412-697-5200. Its website is schneiderdowns.com.