Once A Millionaire, Stay A Millionaire

Our philosophy is informed by our background in the technology space. We have seen myriad examples of significant paper wealth evaporating due to improper planning, or lack of expertise in quantifying and managing risk.

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Copyright © 2006-2017, Schmidt Financial Group, Inc. is a Registered Investment Advisor Firm. Schmidt Financial Group, Inc. does not provide tax, accounting or legal advice. Photo: Mike Reid 

Contact Us

To schedule an introductory conversation with one of our advisors, or to ask a specific question, please call or contact us through the forms below.

620 Kirkland Way, Suite 205
Kirkland, WA 98033
Phone 425-893-9195
Fax 425-893-9824
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Copyright © 2006-2017, Schmidt Financial Group, Inc. is a Registered Investment Advisor Firm. Schmidt Financial Group, Inc. does not provide tax, accounting or legal advice. Photo: Mike Reid 

Our Advantages

What would a practice custom-built for technology professionals look like?
We believe it would look precisely like this.

 

Copyright © 2006-2017, Schmidt Financial Group, Inc. is a Registered Investment Advisor Firm. Schmidt Financial Group, Inc. does not provide tax, accounting or legal advice. Photo: Mike Reid 

Our Firm

Glenda Schmidt established Schmidt Financial in 1993, after more than a decade at a Silicon Valley high tech company. Realizing that most of the family wealth was linked to the equity of her and her husband’s employers, she knew they had to manage that risk and better plan for the future.

She also knew scores of young professionals in this same circumstance. Out of this dilemma, Schmidt Financial Group was born – an independent Registered Investment Adviser (RIA) firm geared toward high net-worth individuals and families looking for technology expertise, objective advice and customer service.

Schmidt Financial group was created to help provide:

  • A background in managing concentrated equity positions effectively.
  • Experience and expertise across a broad range of planning areas – not just investments, but also proactive tax planning, insurance planning and estate planning.
  • An analytical, scientific approach to building a financial plan that would be their own playbook to financial freedom.
  • An advisor that made clients feel as though they and their goals were important.
  • Periodic, face-to-face meetings that weren’t rushed or hurried, but took as much time as necessary to answer questions.
  • Objective advice that wasn’t biased towards specific funds or products.

Now with over two decades of experience and clients throughout the technology sector - e.g. Snapchat, Amazon, Google, etc. - Schmidt Financial Group is a recognized leader in providing comprehensive financial planning advice and wealth preservation strategies to technology professionals with concentrated equity positions.

Led by Evan Schmidt, Glenda’s son and Vice President, the team at Schmidt Financial Group works with clients in Los Angeles (the Silicon Beach), San Francisco (the Silicon Valley), Seattle, and more.

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  • Evan Schmidt, Vice President linked-in-icon.png
  • Tim Griffith, Vice President linked-in-icon.png

 

Copyright © 2006-2017, Schmidt Financial Group, Inc. is a Registered Investment Advisor Firm. Schmidt Financial Group, Inc. does not provide tax, accounting or legal advice. Photo: Mike Reid 

Our Approach

Having experienced concentration risk in our own portfolios, our advisors are well-versed in strategies to hedge this risk. Our goal is not to maximize expected return (which brings with it higher volatility), but rather to maximize the clients’ odds of reaching their goals. This focus on correlations, variability and outcomes stands in contrast to more product-oriented philosophies that fixate on backward-looking returns.

Effectively implementing this philosophy requires a unique skill-set, process and service offering:

  • An understanding of stock-option/RSU plans and the analytical skill to adequately account for their impact on portfolios.
  • A view across all client assets, not simply the portfolio we are managing, to ensure overall client risk levels are managed.
  • A statistically rigorous long-term planning model so we can adequately project the impact that various choices will have on the clients’ odds of reaching their goals.
  • An ability to incorporate tax and estate planning into the portfolio construction and monitoring process.

 

Copyright © 2006-2017, Schmidt Financial Group, Inc. is a Registered Investment Advisor Firm. Schmidt Financial Group, Inc. does not provide tax, accounting or legal advice. Photo: Mike Reid 

Our Services

At Schmidt Financial Group, we believe our services should be defined not by what is easy or scalable – but by what is necessary in order to fully implement our philosophy for our clients. After all, that is why we built the business in the first place.

 

Copyright © 2006-2017, Schmidt Financial Group, Inc. is a Registered Investment Advisor Firm. Schmidt Financial Group, Inc. does not provide tax, accounting or legal advice. Photo: Mike Reid