Schmitz Capital Partners, LLC (Mill Valley)

Name: Schmitz Capital Partners, LLC
Address: 655 Redwood Hwy, Mill Valley, CA, 94941
Telephone: 415-381-9075

Schmitz Capital Partners, LLC is a large advisory firm based in Mill Valley. It manages $104.38 million of regulatory assets for 208 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of California.

Schmitz Capital Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Schmitz Capital Partners: assets under management

The assets under management (AUM) of Schmitz Capital Partners, LLC is $104.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $104.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $501.84 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 73% of the total AUM. The second-largest asset type is exchange traded securities, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Schmitz Capital Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Schmitz Capital Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Schmitz Capital Partners is individuals with 83 clients and $53.46 million of assets under management. Among the 10 most similar advisory firms, Schmitz Capital Partners has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $104.38 million for 115 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Schmitz Capital Partners doesn't advise any private funds.

Careers at Schmitz Capital Partners, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Joseph Schmitz	Managing member/chief compliance officer	1 Apr 2015	75% - 100%	1432690

Based in Mill Valley

The principal office where Schmitz Capital Partners, LLC performs its advisory services is located at 655 Redwood Hwy, Mill Valley, CA 94941, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-381-9075 or by fax 415-381-2917. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at schmitzcapital.com.