Schuchard Capital Management Inc (Sterling Heights)

Schuchard Capital Management Inc is a large advisory firm based in Sterling Heights. It manages $194.86 million of regulatory assets for 184 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Massachusetts, Michigan, and New Hampshire.

Schuchard Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Schuchard Capital Management: assets under management

The assets under management (AUM) of Schuchard Capital Management Inc is $194.86 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 218% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $194.86 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.06 million each.

Schuchard Capital Management has custody of $194.86 million in cash and securities for 184 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 91% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 3% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Schuchard Capital Management Inc for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Michael Robert Schuchard serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Michael Robert Schuchard is high net worth individuals with 70 clients and $151.6 million of assets under management. Among the 6 most similar advisory firms, Schuchard Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $194.86 million for 184 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Schuchard Capital Management doesn't advise any private funds.

Careers at Schuchard Capital Management Inc

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Michael Robert Schuchard has been acting as President since 1 Sep 1989. Mary Susan Tringali joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Robert Schuchard	President	1 Sep 1989	75% - 100%	734640
Mary Susan Tringali	Chief operations officer	1 Jan 1994	Other	4341090
Mary Susan Frisby	Chief operations officer	1 Jan 1994	Other	4341090
Susan Paula D'angelo	Chief compliance officer	1 Jun 2004	Other	4929037
Mary Susan Tringali	Chief compliance officer	1 Jan 2009	Other	4341090

Based in Sterling Heights

The principal office where Schuchard Capital Management Inc performs its advisory services is located at 44853 Marigold Dr., Sterling Heights, MI 48314 1226, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 586-323-9565 or by fax 586-739-8715. The normal business hours are 8:00 a.m. - 4:00 p.m. on Monday - Friday.