Carol Schmidlin is a registered investment advisor at Prosperity Capital Advisors, based in Westlake, OH, with 30 years of industry experience. Carol operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 7,096 clients with $3.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 0.60% |
| $500K - $1000K | 0.50% |
| $1.0M - $2.0M | 0.40% |
| $2.0M - $5.0M | 0.35% |
| $5M+ | 0.30% |
The platform fee tier schedule is based on billable assets and excludes non-billable assets such as unmanaged accounts. The total annual fee for investment management services for retail clients typically varies between 0.20% and 2.0% depending upon several factors, including the market value of the assets under management and the types of services to be rendered. PCA charges a $150.00 minimum annual investment management fee which may result in a fee greater than 2.0%.
Fee Estimator
Location
30400 Detroit Road, Suite 201, Westlake, OH, 44145
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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
Carol is the co-owner of Franklin Planning, LLC, which operates her advisory and insurance business, taking nearly a full-time commitment. She is also a licensed insurance agent selling various insurance products and spends a few hours per week on this activity. Carol also owns Fed Savvy Educational Solutions, LLC, training federal employees on benefits, and dedicates minimal time to the sales and marketing of her book, "FedSavvy.
Employment History
Current Registrations
Prosperity Capital Advisors
Previous Registrations
J. W. Cole Advisors, INC.
J.W. Cole Financial, INC.Broker
G.F. Investment Services, LLCBroker
Global Financial Private Capital, LLC
Spc
Sammons Securities Company, LLCBroker
Cadaret Grant & CO INC
Cadaret, Grant & CO., INC.Broker
State Registrations8 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.