Schultz & Schultz Inc (Reno)


Schultz & Schultz Inc is a large advisory firm based in Reno. It manages $62.49 million of regulatory assets for 88 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Nevada, and Texas.

Schultz & Schultz provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Schultz & Schultz: assets under management

The assets under management (AUM) of Schultz & Schultz Inc is $62.49 million. The firm's AUM has grown by 38% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.12 million in discretionary accounts and $60.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $132.75 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $838.38 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Schultz & Schultz Inc for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Schultz & Schultz Inc

Russell Corey Schultz has been acting as President since 1 Nov 1982. Peter Wade Lowden joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Russell Corey Schultz President 1 Nov 1982 75% - 100% 733097
Vicki Paula Levitt Vice president 1 Aug 1983 Other 1223391
Vicki Paula Schultz Vice president 1 May 1984 Other 1223391
Peter Wade Lowden Vice president 1 Nov 2001 Other 2458080

Based in Reno

The principal office where Schultz & Schultz Inc performs its advisory services is located at 555 Double Eagle Court, Suite 1000, Reno, NV 89521, 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 775-850-5620 or by fax 775-850-5639. The normal business hours are 8:30 am-5:30 pm on Monday - Friday. You can find more information about the New York firm at www.schultzfinancialgroup.com.