We are a Fee-Only wealth management firm for investors who want their money to help fulfill their mission in life. Our goal is to optimize your wealth to create the most impact possible on you, your loved ones, and the causes you care about.
As fiduciaries, we are required by the Securities and Exchange Commission (SEC) to act in our clients' best interest 100% of the time. This separates us from other brokers and advisors not registered as Registered Investment Advisors (RIA).
Everyone at our firm is united in a goal to change the status quo of our industry by providing purpose-driven financial guidance. We live and breathe commitment to the overall well-being of our clients and obsessively seek ways to provide the highest value possible to every aspect of their lives.
Discover what our clients have to say about their experiences with Jacobson & Schmitt Advisors by clicking the Indyfin Green Star Rating listed above.
Jason Schmitt
CFP®, CPWA®
Jason is co-founder of Jacobson & Schmitt Advisors. Today, he serves on the investment committee helping determine portfolio direction and composition. Jason is a CERTIFIED FINANCIAL PLANNER™, Certified Private Wealth Advisor® professional who provides financial planning services and investment advice to the firm clients.
Jason was director of business development for a local broker-dealer, focusing on sales and marketing of the firm's money management services. Before that, Jason worked for seven years at a Madison-based bank, including as an assistant vice president/branch manager. He holds a bachelor's degree from North Dakota State University. Jason enjoys traveling with his family and is an avid outdoorsman.
Brooke Wolverton
CFP®
Brooke joined JSA in May 2021 because she believes credible, financial advice should be accessible to anyone and that hard-earned money should be invested responsibly.
As an Associate Advisor, she participates in client meetings and helps create and update personalized financial plans tailored to each client's money mission. Brooke graduated from Utah Valley University in 2021 with a Bachelor of Science in Personal Financial Planning.
In her free time, she enjoys knitting, hiking, and camping.
Adam Sweet
CFA, CFP®
Adam is a CERTIFIED FINANCIAL PLANNER™ and holds the right to use the Chartered Financial Analyst®, which we believe are two of the most valuable designations in our profession. He also earned his MBA specializing in investing from the University of Wisconsin-Madison.
Adam followed his passion for investing after a career in engineering. The data-driven decision-making, analytical skills, and focus on process enhancement honed as an engineer have helped improve clients investment results.
Before joining JSA, Adam spent 12 years doing stock research, with his last position as a Portfolio Manager at Madison Investment Advisors, co-managing $2 billion of client assets as part of the U.S. Equity Team.
In his spare time, Adam co-teaches Finance 535 at UW-Madison. In this capstone course, undergraduate students learn and perform many practical skills necessary to research, analyze, and pitch equity securities.
Outside of investment research, he enjoys playing racquetball and tennis, fishing, and spending time with his wife and family.
Chris Johnson
CFP®, EA
Chris's emphasis is on helping clients navigate the challenges of and preparing for retirement. After spending four years in the traditional financial services industry, Chris felt that there had to be a better way to deliver financial advice.
As he became familiar with JSA, it was clear he could work for a firm that allowed him to always place his clients interest before that of the firms. His passion for helping people achieve their financial goals through investing with efficiency and purpose drew Chris to JSA. Chris earned his bachelor's degree in Personal Finance from The University of Wisconsin-Madison.
Richard Vanden Boogard
CFA
Richard joined Jacobson & Schmitt because of its belief that it can serve investors in a responsible manner, and the advisors practice of investing in companies right alongside their clients helped seal the deal. Rich has devoted his life to helping others invest well in a complicated world and understanding biases we all face in making financial decisions.
Before joining JSA, he was a research analyst at a mutual fund company that did not allow its team to buy individual stocks something he found a bit odd. His experience and training as an institutional investor lend a unique set of skills and viewpoints that adds to the uniqueness that JSA can offer its clients. Rich spent his early career in engineering, but not long into it he had an epiphany that he would be better off following his passion. That led him to earn an MBA from the University of Wisconsin's Applied Security Analysis Program, a program with a long-standing reputation for producing successful investment professionals.
Erik Barker
CFP®
Erik is an associate advisor at Jacobson & Schmitt Advisors. He joined the firm in 2023 after graduating from UW-Madison with a degree in financial planning.
Erik is passionate about helping others and believes that financial planning can help families alleviate financial stress and improve their lives. He enjoys playing board games, golfing, snowboarding, fishing, and other outdoor activities.
General Information |
| Firm Start Year: | 2006 | |
| No. of Employees: | 10-19 | |
| Name of Broker/Dealer: | Charles Schwab |
| Name of Custodial Firm: | Charles Schwab |
| Work with the following types of clients: | Non-Profit Organizations, Businesses, Individual Investors, Investment Clubs |
| Advisory Services Provided: | Investment Advice & Management, Financial Advice & Consulting, Estate Planning & Trusts, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Money Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses, Tax Advice and Services, Wealth Management |
Services |
| Investment Types: | Mutual Funds, Bonds, Stocks, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Phone, Email, Our Office, Video Conference |
Firm Information |
| Firm's Number of Clients: | 375 |
| Firm's Number of Planning Clients: | 350 |
| Firm's Number of Managed Clients: | 375 |
| Assets Managed by Firm: | 450,000,000 |
Compensation and Fees |
| Fee Structure: | Fee-Only |
| Minimum Portfolio Size for New Managed Accounts: | No Minumum |
| Compensation Methods: | Based on Assets, Flat Fee |
| Additional Details on Charges: |
At JSA, we are fee-only advisors, meaning only clients (you) pay us. We DON'T sell any products and DON'T earn commissions from selling mutual funds, annuities, or other investment products. Understanding that MOST people don't understand what they are currently paying, we help all prospective clients better understand their current fees before moving forward with our firm. In many cases, we can offer substantial savings and a higher level of services. Our fees are either: A quarterly fee based on the investments we manage (in most cases), or a A flat-rate retainer fee based on your net worth and income For example, if we manage investments for you, our fee will be: Less than $500,000.00 the fee is 1.25% annually Between $500,001 and $1,000,000 the fee is 1.00% annually Between $1,000,001 and $5,000,000 the fee is 0.75% annually Over $5,000,000 the fee is 0.50% annually |
Financial Services |
| Portfolio Management
Jacobson and Schmitt Advisors' investment strategy for the past 30 years has been to focus on finding and investing in companies that practice "Conscious Capitalism." Invest in companies you can be proud to own! These companies tend to understand the importance of their impact on their employees, customers, society, "Mother Nature," and their shareholders. Many clients find our strategy very similar to a socially responsible strategy but with more of an emphasis on company profitability. |
| Financial Planning for Businesses
For many businesses, including not-for-profits, it's often important to align their investment strategy with the mission of an organization. Our goal is to help your organization create, implement, and monitor an investment strategy that matches your organization's mission. It's that simple! |
| Financial Planning for Individuals
In this relationship, we act as your personal CFO, helping coordinate your finances with your accountant and estate attorney, as well as guide you through the many steps of smart investing, such as financial planning preparation, portfolio management and analysis, saving for major life events, and retirement spending |
| Retirement Planning
At JSA, we understand that no two clients are the same. Thats why we work closely with you to create a customized financial plan that fits your unique circumstances. Whats more, you can take comfort in knowing that all our financial planning services are exclusively designed to help you achieve your financial goals, not sell you extra products. |
| 401K Rollovers
For many of our clients, the first step in financial freedom is getting organized. It's understanding what you own, what you owe, and whether everything is working together efficiently. This often includes 401(k) rollovers. At Jacobson & Schmitt Advisors, our rollover process includes an analysis of cost and performance of your current accounts and the corresponding cost and tax consequences if you were to move the portfolio. This must be done with your best interest in mind, as we are ALWAYS a fiduciary for our clients. |
| Education Funding and Planning
How will we pay for college? It's a question many parents have as their children approach middle and high school. Our team can help you understand the most tax-efficient way to fund college and guide you through the financial obligations of your student's "short-list" as well as available scholarships at those schools. |
| Investment Advice & Management
We look for three key qualities when choosing companies in which to invest: 1. The potential to deliver long-term, above-average returns 2. Forward-looking management and industry-leading performance 3. Contribution to social and environmental well-being by practicing corporate social responsibility We believe in the investments we make for you so much that we include many of them in our own personal portfolios. With this commitment to responsible and like-minded investing, youll gain satisfaction in knowing that your investments support companies with a conscience and that your advisors always have your best interests at heart. |
| Annuities
We are a Fee-Only firm, which means we sell NO products, and more importantly, we wouldn't invest our client's money anywhere we wouldn't invest our own. For our clients who come to us having been sold annuities, we'll spend time understanding the current cost and benefits of their annuities and, if needed, connect them with a firm that will provide lower cost, most tax-efficient option for them. |
| Estate Planning & Trusts
It's our job to coordinate many financial aspects of our client's lives, which often includes their wishes once they pass. Working closely with our clients, we help them connect with qualified attornies to ensure estate planning documents are created AND match up with their current wishes as defined by their current retirement and investment accounts. |
| Tax Advice and Services
Instead of preparing tax returns and focusing on minimizing tax in the CURRENT year, we spend our time working with our client's tax professionals to understand best how we can minimize the amount of tax they pay over their LIFETIME. |
FAQs |
Do you have a customer satisfaction or refund policy?If you decide to work with Jacobson & Schmitt Advisors, you can cancel our services at any point and receive a refund for services not used. |
What are your qualifications? What is your education background?Jason is co-founder of Jacobson & Schmitt Advisors. Today, he serves on the investment committee helping determine portfolio direction and composition. Jason is a Certified Financial Planner™ and Certified Private Wealth Advisor® professional who provides financial planning services and investment advice to the firm's clients. |
How are you compensated? How will I pay for your services?We are a Fee-Only firm which means we receive compensation ONLY from our clients. |
If you are going to manage my account, will you obtain my permission every time you buy or sell something?No. If we're managing money for you, it's our responsibility to make the investment decisions and therefore we have full discretionary authority. |
How many clients do you currently manage?We provide financial planning and investment management services to roughly 375 clients. |
Disclosures |
| WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. A full set of disclosures can be found here for Jacobson & Schmitt Advisors, LLC : https://jandsadvisors.com/disclosures/ |
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Additional Detailed Disclosures |
Disclaimer |
| This information is for your private and confidential use only and is not intended for broad usage or dissemination./ This report is for the purpose of presenting the performance of your accounts and investments only and is not intended to be relied upon as a forecast, research, or investment advice. Although this material is based upon information the advisor considers reliable and endeavors to keep current, the advisor does not assure that this material is accurate, current or complete, and it should not be relied upon as such./ No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment. / All investments include a risk of loss that clients should be prepared to bear. The principal risks of the advisors investment services are disclosed in the publicly available Form ADV Part 2A. Jacobson & Schmitt Advisors LLC ("JSA ) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where JSA and its representatives are properly licensed or exempt from licensure./ If you have any questions, please contact us at /608-662-7500. |
Registered Investment Advisor:
Yes
Investment Advisor Representative:
Yes
Acknowledged fiduciary:
Yes
Compliance Disclosures in Last 5 years:
I have a clean record
Criminal Disclosures in Last 5 years:
I have a clean record
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