DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Schmidt Financial Group, Inc.

Former SEC-registered adviserKirkland, WashingtonCRD 119841SEC 801-62831IAPD
Latest filing Apr 12, 2024
First filing on the tape Mar 30, 2012 · 21 filings
RAUM
$475M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
100%
$475M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$475M as of Mar 29, 2024
Mar 30, 2012$266M then
HNW client RAUM$452M as of Mar 29, 2024
Mar 27, 2018$344M then
State-registered IARs (5.B.3)3 as of Mar 29, 2024
Mar 30, 20120 then
Employees (5.A)6 as of Mar 29, 2024
Feb 25, 20134 then
Private funds: no history
RAUM +14% over the last fiscal year+0.0% a year over threeIARs 2 to 3
Practice profile
derived from the filing of Apr 12, 2024; every figure names its basis
RAUM per advisor
$158MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
59derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.0MderivedHNW RAUM over HNW clients
Average account
$431,630derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.5%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Ownership
a PE fund or sponsor is a 25 percent or greater owner on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$452M95%
  • Individuals$23.1M4.9%
Individual clients
63reported
HNW clients
113reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,101reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Irvin Paul Cox · Chief Compliance Officercontrol
      since 09/2018 · owns less than 5%
    • Todd Evan Schmidt · Presidentcontrol
      since 07/2019 · owns less than 5%
    • Sue Glenda Schmidt · Foundercontrol
      since 11/1999 · owns less than 5%
    Entity owners
    • Nfp Corp. · Owner
      direct · owns 75% or more
    • Madison Dearborn Partners · General Partner
      indirect · owns F of Patriot Spv Gp, L.P
    • Nfp Holdings, LLC · Owner
      indirect · owns 75% or more of Nfp Parent Co, LLC
    • Nfp Intermediate Holdings A. Corp. · Owner
      indirect · owns 75% or more of Nfp Intermediate Holdings B. Corp.
    • Nfp Intermediate Holdings B. Corp. · Owner
      indirect · owns 75% or more of Nfp Corp.
    • Nfp Parent Co, LLC · Owner
      indirect · owns 75% or more of Nfp Intermediate Holdings A. Corp.
    • Nfp Ultimate Holdings, LLC · Owner
      indirect · owns 75% or more of Nfp Holdings, LLC
    • Patriot Spv Gp, L.P · General Partner
      indirect · owns F of Patriot Spv, L.P
    • Patriot Spv, L.P · Owner
      indirect · owns 25% to 50% of Nfp Ultimate Holdings, LLC
    Related persons
    Schedule D 7.A
    • Nfp Insurance Services, Inc.
      real estaten
    • Nfp Property & Casualty Services, Inc.
      real estaten
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Kirkland, Wa · principal000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 1,127 to 1,101
      Feb 23, 2024 to Mar 29, 2024
    • Advisory employees · 2 to 3
      Feb 23, 2024 to Mar 29, 2024
    • HNW clients · 76 to 113
      Feb 23, 2024 to Mar 29, 2024
    • Individual clients · 94 to 63
      Feb 23, 2024 to Mar 29, 2024
    • Employees · 5 to 6
      Feb 23, 2024 to Mar 29, 2024
    • State-registered IARs · 2 to 3
      Feb 23, 2024 to Mar 29, 2024
    • Discretionary RAUM · $406M to $468M
      Feb 23, 2024 to Mar 29, 2024
    • HNW RAUM · $345M to $452M
      Feb 23, 2024 to Mar 29, 2024
    • Individual RAUM · $71.3M to $23.1M
      Feb 23, 2024 to Mar 29, 2024
    • Non-discretionary RAUM · $11.1M to $7.6M
      Feb 23, 2024 to Mar 29, 2024
    • RAUM · $417M to $475M
      Feb 23, 2024 to Mar 29, 2024
    • Accounts · 1,065 to 1,127
      Mar 14, 2022 to Mar 22, 2023
    • HNW clients · 82 to 76
      Mar 14, 2022 to Mar 22, 2023
    • Individual clients · 73 to 94
      Mar 14, 2022 to Mar 22, 2023
    • Financial planning clients · 0 to 101-250
      Mar 14, 2022 to Mar 22, 2023
    • Discretionary RAUM · $461M to $406M
      Mar 14, 2022 to Mar 22, 2023
    • HNW RAUM · $417M to $345M
      Mar 14, 2022 to Mar 22, 2023
    • Individual RAUM · $64.8M to $71.3M
      Mar 14, 2022 to Mar 22, 2023
    • Non-discretionary RAUM · $20.7M to $11.1M
      Mar 14, 2022 to Mar 22, 2023
    • RAUM · $482M to $417M
      Mar 14, 2022 to Mar 22, 2023
    • Accounts · 969 to 1,065
      Mar 3, 2021 to Mar 14, 2022
    • HNW clients · 131 to 82
      Mar 3, 2021 to Mar 14, 2022
    • Individual clients · 58 to 73
      Mar 3, 2021 to Mar 14, 2022
    • Employees · 4 to 5
      Mar 3, 2021 to Mar 14, 2022
    • Discretionary RAUM · $475M to $461M
      Mar 3, 2021 to Mar 14, 2022
    • HNW RAUM · $452M to $417M
      Mar 3, 2021 to Mar 14, 2022
    • Individual RAUM · $22.8M to $64.8M
      Mar 3, 2021 to Mar 14, 2022
    • Non-discretionary RAUM · $0 to $20.7M
      Mar 3, 2021 to Mar 14, 2022
    • RAUM · $475M to $482M
      Mar 3, 2021 to Mar 14, 2022
    • Accounts · 1,152 to 969
      Jun 25, 2020 to Mar 3, 2021
    • Advisory employees · 3 to 2
      Jun 25, 2020 to Mar 3, 2021
    • HNW clients · 134 to 131
      Jun 25, 2020 to Mar 3, 2021
    • Individual clients · 64 to 58
      Jun 25, 2020 to Mar 3, 2021
    • State-registered IARs · 3 to 2
      Jun 25, 2020 to Mar 3, 2021
    • Discretionary RAUM · $414M to $475M
      Jun 25, 2020 to Mar 3, 2021
    • HNW RAUM · $405M to $452M
      Jun 25, 2020 to Mar 3, 2021
    • Individual RAUM · $9.2M to $22.8M
      Jun 25, 2020 to Mar 3, 2021
    • RAUM · $414M to $475M
      Jun 25, 2020 to Mar 3, 2021
    • Accounts · 1,031 to 1,152
      Mar 22, 2019 to Mar 18, 2020
    • HNW clients · 126 to 134
      Mar 22, 2019 to Mar 18, 2020
    Signals
    4 dated events
    • Dominic Christian Hubert left Schmidt Financial Group, Inc. for Schmidt Financial Management (registered 2024-03-14)
      Apr 2, 2024 · Advisor changed firm · fact
    • Evan Todd Schmidt left Schmidt Financial Group, Inc. for Schmidt Financial Management (registered 2024-03-14)
      Apr 2, 2024 · Advisor changed firm · fact
    • 2 advisors left Schmidt Financial Group, Inc. (Kirkland, WA) for Schmidt Financial Management on the same day
      Apr 2, 2024 · Team lift-out · derived
    • Todd Evan Schmidt (President) appeared on Schedule A of Schmidt Financial Group, Inc.
      Mar 18, 2020 · Control person joined · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026