Schaper Benz & Wise Investment Counsel Inc (Neenah)


Schaper Benz & Wise Investment Counsel Inc is a large advisory firm based in Neenah. It manages $827.61 million of regulatory assets for 652 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and 3 other states.

Schaper Benz & Wise Investment Counsel provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Schaper Benz & Wise Investment Counsel: assets under management

The assets under management (AUM) of Schaper Benz & Wise Investment Counsel Inc is $827.61 million. The firm's AUM has grown by 129% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $814.56 million in discretionary accounts and $13.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.63 million.
Schaper Benz & Wise Investment Counsel has custody of $400.19 million in cash and securities for 71 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in investment and business development companies form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Schaper Benz & Wise Investment Counsel Inc for their services and products based on a percentage of assets under management, hourly charges, 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 Schaper Benz & Wise Investment Counsel 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 Schaper Benz & Wise Investment Counsel is high net worth individuals with 177 clients and $765.85 million of assets under management. Among the 8 most similar advisory firms, Schaper Benz & Wise Investment Counsel has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $827.61 million for 242 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.

Schaper Benz & Wise Investment Counsel doesn't advise any private funds.

Careers at Schaper Benz & Wise Investment Counsel Inc

The company employs 13 people that are either part- or full-time employees. 69 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gerald Schaper President and director 1 Jul 1991 25% - 50% 2275931
Bradley Benz Vice president, treasurer and director 1 Feb 1994 25% - 50% 2466728
Michael L Wise Vice president, secretary and director 1 Feb 1998 25% - 50% 3023892
Christopher King Moss Vice president and investment officer 1 Mar 1999 Other 2209534
Laura A. Guy Vice president 1 Jul 2000 Other 4353551
Bradley Everett Benz President and treasurer (03/2001) director (02/1994) 1 Mar 2001 25% - 50% 2466728
Laura Ann Guy Vice president (07/2000), director (06/2010) and president-family wealth counsel (11/2011) 1 Mar 2001 Other 4353551
Bradley E. Benz President and treasurer (03/2001) director (02/1994) 1 Mar 2001 25% - 50% 2466728
Laura A. Guy Vice president (07/2000), director (06/2010) and president-family wealth counsel (11/2011) 1 Mar 2001 Other 4353551
Gerald Schaper Chairman (03/2001) and director (07/1991) 1 Mar 2001 25% - 50% 2275931
Bradley Benz President (03/2001) and director (02/1994) 1 Mar 2001 25% - 50% 2466728
Michael L Wise Vice president (02/1998), secretary (02/1998), director (02/1998) and compliance officer (03/2001) 1 Mar 2001 25% - 50% 3023892
Gerald L. Schaper Chairman (03/2001) and director (07/1991) 1 Mar 2001 25% - 50% 2275931
Thomas Haley Rippl Investment analyst (07/2002), portfolio manager (07/2003), vice president (10/2006) and director (01/2017) 1 Jul 2002 Other 4601055
Christi Lyn Salm Portfolio manager/analyst, vice president and investment officer (08/2003) and director (01/2017) 1 Aug 2003 Other 3106318
Michael Lawrence Wise Vice president (02/1998), secretary (02/1998), director (02/1998) and chief compliance officer (10/2004) 1 Oct 2004 25% - 50% 3023892
Michael L. Wise Vice president (02/1998), secretary (02/1998), director (02/1998) and chief compliance officer (10/2004) 1 Oct 2004 25% - 50% 3023892
Anthony John Seashore Investment analyst (1/2012), vice president and investment officer (12/2016) and director (01/2018) 1 Jan 2012 Other 6065828
Anthony J Seashore Investment analyst (1/2012), vice president (12/2016) and investment officer (12/2016) 1 Jan 2012 Other 6065828
Kimberly Anne Petersen Vice president - family wealth counsel (09/2013) and director (01/2017) 1 Sep 2013 Other 6246060
Kimberly A Petersen Wealth counselor and vice president 1 Sep 2013 Other 6246060

Based in Neenah

The principal office where Schaper Benz & Wise Investment Counsel Inc performs its advisory services is located at 18 Jewelers Park Dr, Neenah, WI 54956 The mailing address of the firm is P.O. Box 628, Neenah, WI 54957 0628. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 920-727-1137 or by fax 920-727-1139. The normal business hours are 8:30am to 4:30pm (monday - thursday); 8:30am to 3:30pm (friday) on Monday - Friday. You can find more information about the New York firm at sbw-invest.com/.

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