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

Catalyst Wealth Management

Former SEC-registered adviserNorthbrook, IllinoisCRD 283728SEC 801-120781IAPD
Legal name Schmidt Advisory Services, Inc.
Latest filing Oct 31, 2024
First filing on the tape Mar 12, 2021 · 22 filings
RAUM
$71.7M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
71%
$50.7M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
$5.4M gross assets
History
22 filings and snapshots on the tape
RAUM$71.7M as of Mar 5, 2024
Feb 11, 2022$126M then
HNW client RAUM$50.7M as of Mar 5, 2024
Feb 11, 2022$94.0M then
State-registered IARs (5.B.3)1 as of Mar 5, 2024
Feb 11, 20221 then
Employees (5.A)2 as of Mar 5, 2024
Feb 11, 20222 then
Private funds2 as of Mar 5, 2024
Feb 11, 20221 then
RAUM -49% over the last fiscal yearIARs 2 to 1
Practice profile
derived from the filing of Oct 31, 2024; every figure names its basis
RAUM per advisor
$71.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
22derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$2.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
29%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-49%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$71.7M, 27 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is an insurance broker or agent (6.A.6)
  • buys or sells securities as principal to or from clients (8.A.2)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$50.7M71%
  • Pension and profit-sharing plans$21.0M29%
Individual clients
0reported
HNW clients
22reported
Pension plan clients
5reported
Charitable clients
0reported
Accounts
27reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$71.7M for 27 clientsreported
Compensation
% of AUM, fixed, commissionsreported
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
Private funds
2 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Catalyst Wealth Management Media Fund I, LLCHedge Fund$5.0M40Mar 12, 2021
Robin Hood Media Lender, LLCPrivate Equity Fund$380,0006Nov 8, 2022
Owners and control persons
Schedule A and B, latest filing
  • Allen Sanford Schmidt · President And Chief Compliance Officercontrol
    since 11/2016 · owns 75% or more
Related persons
Schedule D 7.A
  • Schmidt Financial Group
    real estaten
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Advisory activities · 4 to 3
    Mar 5, 2024 to May 28, 2024
  • Assets in custody · unset to 71711751.0
    Mar 5, 2024 to May 28, 2024
  • Custody of client assets · false to true
    Mar 5, 2024 to May 28, 2024
  • Accounts · 200 to 27
    Dec 18, 2023 to Mar 5, 2024
  • Advisory employees · 2 to 1
    Dec 18, 2023 to Mar 5, 2024
  • BD registered reps · 2 to 1
    Dec 18, 2023 to Mar 5, 2024
  • HNW clients · 28 to 22
    Dec 18, 2023 to Mar 5, 2024
  • Individual clients · unset to 0.0
    Dec 18, 2023 to Mar 5, 2024
  • Pension plan clients · 7 to 5
    Dec 18, 2023 to Mar 5, 2024
  • Pooled vehicle clients · 2 to 0
    Dec 18, 2023 to Mar 5, 2024
  • Assets in custody · 23800000.0 to unset
    Dec 18, 2023 to Mar 5, 2024
  • Custody of client assets · true to false
    Dec 18, 2023 to Mar 5, 2024
  • Employees · 3 to 2
    Dec 18, 2023 to Mar 5, 2024
  • Financial planning clients · 11-25 to 1-10
    Dec 18, 2023 to Mar 5, 2024
  • State-registered IARs · 2 to 1
    Dec 18, 2023 to Mar 5, 2024
  • Discretionary RAUM · $140M to $71.7M
    Dec 18, 2023 to Mar 5, 2024
  • HNW RAUM · $49.0M to $50.7M
    Dec 18, 2023 to Mar 5, 2024
  • Individual RAUM · $100,000 to $0
    Dec 18, 2023 to Mar 5, 2024
  • Pension RAUM · $50.0M to $21.0M
    Dec 18, 2023 to Mar 5, 2024
  • Pooled vehicle RAUM · $29.0M to $0
    Dec 18, 2023 to Mar 5, 2024
  • RAUM · $140M to $71.7M
    Dec 18, 2023 to Mar 5, 2024
  • Advisory activities · 3 to 4
    Jan 5, 2023 to Feb 15, 2023
  • BD registered reps · 1 to 2
    Jan 5, 2023 to Feb 15, 2023
  • HNW clients · 120 to 28
    Jan 5, 2023 to Feb 15, 2023
  • Individual clients · 15.0 to unset
    Jan 5, 2023 to Feb 15, 2023
  • Pension plan clients · 5 to 7
    Jan 5, 2023 to Feb 15, 2023
  • Pooled vehicle clients · 1 to 2
    Jan 5, 2023 to Feb 15, 2023
  • Assets in custody · $26.0M to $23.8M
    Jan 5, 2023 to Feb 15, 2023
  • Employees · 2 to 3
    Jan 5, 2023 to Feb 15, 2023
  • Financial planning clients · 1-10 to 11-25
    Jan 5, 2023 to Feb 15, 2023
  • State-registered IARs · 1 to 2
    Jan 5, 2023 to Feb 15, 2023
  • Discretionary RAUM · $126M to $140M
    Jan 5, 2023 to Feb 15, 2023
  • HNW RAUM · $94.0M to $49.0M
    Jan 5, 2023 to Feb 15, 2023
  • Individual RAUM · $1.0M to $100,000
    Jan 5, 2023 to Feb 15, 2023
  • Pension RAUM · $5.0M to $50.0M
    Jan 5, 2023 to Feb 15, 2023
  • Pooled vehicle RAUM · $26.0M to $29.0M
    Jan 5, 2023 to Feb 15, 2023
  • RAUM · $126M to $140M
    Jan 5, 2023 to Feb 15, 2023
  • Private funds · 1 to 2
    Nov 4, 2022 to Nov 8, 2022
  • Accounts · 100 to 200
    Sep 1, 2021 to Feb 11, 2022
  • Charity clients · unset to 0.0
    Sep 1, 2021 to Feb 11, 2022
Signals
2 dated events
  • Ethan Michael Schmidt left Catalyst Wealth Management for Alphacore Capital Llc (registered 2023-04-06)
    Apr 7, 2023 · Advisor changed firm · fact
  • Catalyst Wealth Management filed its initial SEC registration (Form ADV)
    Mar 12, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
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