Michael Schultz
Michael Schultz is a registered investment advisor at Venn Wealth & Benefit Services, LLC, based in Altoona, PA, with 22 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 130 clients with $32M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Venn Wealth & Benefit Services manages investments through advisor-directed brokerage accounts, model accounts, and advised accounts. Fees for model and advisor-directed accounts range from 0.20% to 1.20% on the first $500K, 0.20% to 1.00% on the next $500K to $1M, 0.20% to 0.85% on the next $1M to $2M, and 0.15% to 0.70% on amounts over $2M. Fees for advised accounts range from 0.02% to 0.40%. Fees are negotiable and may vary depending on the representative, assets invested, complexity, and servicing needs.
Location
210 E. Plank Road, Ste 1C, Altoona, PA, 16602
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael is licensed to sell insurance as an independent agent under the same business name as his advisory firm. He spends about 10% of his time on this activity.
Employment History
Current Registrations
Venn Wealth & Benefit Services, LLC
Previous Registrations
Cambridge Investment Reserarch, INC.
State Registrations1 state
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