Print Posted on 09/21/2017 in Financial Planning

Family Wealth Advisors-DHS Wealth Management Group of Raymond James

Family Wealth Advisors-DHS Wealth Management Group of Raymond James





"The father buys, the son builds, the grandchild sells, and his son begs."                                                   -Scottish Proverb

Part of a new generation of financial advisors, Jeremy Schmidt AAMS®, Managing Director of DHS Wealth Management Group, is committed to helping families break the cycle of “shirtsleeves to shirtsleeves in three generations.”

“It’s startling statistics, but wealthy families lose 65-70% of their family worth by the second generation and 90% by the third.* As an advisor, I would be doing my clients a disservice if I didn’t help them prepare their heirs to steward their assets for generations to come,” says Schmidt, one of the Top 25 Regional Financial Advisors in the country under the age of 40 in 2016 and 2017. **

At DHS Wealth Management, comprehensive financial planning encompasses much more than planning for personal wealth. Schmidt recommends clients bring in second and even third generation family members during the estate planning process, whenever possible. Multi-generational involvement emphasizes financial preservation for surviving spouses, consideration of tax strategies and a planned transition of assets.

Recently named to the inaugural Forbes list of “America’s Top Next-Generation Wealth Advisors,” *** Schmidt takes a special interest in helping successful families create a legacy for future generations. He collaborates closely with clients’ attorneys and tax advisors to help create a personalized, comprehensive plan ensuring a seamless transition between generations.

It's Not Your Grandfather's Market

The DHS Wealth Management group is equally adept at guiding retirees as well as successful entrepreneurs and business people who are working toward their retirement goals. “Younger generations are definitely leaning heavily on social media and are becoming more technologically advanced. “But, while technology has changed, the fundamentals have not. Before clients are ready to invest with us, it is not unusual for us to spend time educating them about a wide range of issues, such as estate planning, risk management, retirement planning and how the different options within the investment world match their unique situations.”

Schmidt has more than 13 years of experience in the industry. With a finance degree from Michigan State University under his belt, he started his career at Raymond James in 2004, just four years before the banking crisis of 2008-2009. “This ‘baptism by fire’ was the best thing that could have happened to me,” he says. “It taught me more than I could ever have learned in school. And, it gave me a heightened sensitivity to those who are experiencing major disruptions in their lives, such as divorce, job loss or even the death of a spouse.”

At the age of 35, Schmidt has an impressive record. His team has $275M under management and has an extremely high client retention rate. “My age is a tremendous asset,” he says. “I have many older clients who tell me they now have confidence they won’t outlive their adviser! My team and I will be serving clients dependably for decades to come.”


As Seen in Kiplinger's Personal Finance


DHS Wealth Management Group of Raymond James

19176 Hall Rd., Suite 100

Clinton Township, MI 48038

(586) 221-4951 | https://jeremyschmidt.website.raymondjames.com



* Williams Group Wealth Consultancy and WealthCounsel
**Each year On Wall Street ranks the highest-producing advisers in wealth management who are under 40. Several hundred candidates were considered and 40 were chosen to receive the award. Finalists had to be no older than 39 as of Dec. 31,
2016 and be employed at a major, leading regional brokerage fi rm. Trailing 12-month production as of 9/30/16 is then used to compile the ranking. AUM may also be taken into account. The ranking may not be representative of any one client’s
experience, is not an endorsement, and is not indicative of advisor’s future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. On Wall Street is not affiliated with Raymond James.
***For the inaugural 2017 SHOOK Research considered advisors born in 1980 or later with a minimum 4 years relevant experience. Advisors have built their own practices and lead their teams; joined teams and are viewed as future leadership; or a
combination of both. Ranking algorithm is based on qualitative measures derived from telephone and in-person interviews and surveys: service models, investing process, client retention, industry experience, review of compliance records, fi rm nominations,
etc.; and quantitative criteria, such as assets under management and revenue generated for their fi rms. Investment performance is not a criteria because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings
are based on the opinions of SHOOK Research, LLC. Neither SHOOK nor Forbes receives compensation from the advisors or their fi rms in exchange for placement on a ranking. Raymond James is not affi liated with Forbes or Shook Research, LLC. This ranking
is not indicative of advisor’s future performance, is not an endorsement, and may not be representative of individual clients’ experience. For more information see www.SHOOKresearch.com. Minimum account sizes are general since it can vary depending
on a range of circumstances. Advisors are judged on individual contribution but total team assets are shown, which can include one or more additional advisors. Minimum account sizes are general since it can vary depending on a range of circumstances.

Contact This Member