Scholtz & Company, L.L.C. (Stamford)


Scholtz & Company, L.L.C. is a large advisory firm based in Stamford. It manages $187.57 million of regulatory assets for 277 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Connecticut, Florida, and 4 other states.

Scholtz & Company, L.L.C provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Scholtz & Company, L.L.C: assets under management

The assets under management (AUM) of Scholtz & Company, L.L.C. is $187.57 million. The firm's AUM has grown by 241% since the beginning of its operation, and $1.05 million of the total AUM is attributable to clients outside of the United States.

The firm manages $187.09 million in discretionary accounts and $473.3 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $677.87 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $473.3 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Scholtz & Company, L.L.C. for their services and products based on a percentage of assets under management. 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.

What kind of clients Peter Dwight Scholtz 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 Peter Dwight Scholtz is high net worth individuals with 62 clients and $140.1 million of assets under management. Among the 9 most similar advisory firms, Scholtz & Company, L.L.C has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $187.57 million for 159 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Scholtz & Company, L.L.C doesn't advise any private funds.

Careers at Scholtz & Company, L.L.C.

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 3 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 don’t receive compensation from other entities for client referrals.

Peter Dwight Scholtz has been acting as President since 1 Feb 1994. Carl Henry Scholtz joined the executive team most recently as the Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Peter Dwight Scholtz President 1 Feb 1994 50% - 75% 873183
Roy R. Gonzalez Partner 1 Mar 1994 Other 4419956
Patricia Gildea Partner 1 Mar 1994 Other 4419878
Andrew Scholtz Partner 1 Mar 1994 Other 4419960
Patricia M Gildea Partner 1 Mar 1994 Other 2537475
Scholtz Capital Management Partner 1 Mar 1994 50% - 75% 13-3756684
Gregzak Enterprises Inc. Partner 1 Mar 1994 Other 65-0373667
Lisa Spelios Partner 1 Mar 1994 Other 5499857
Louis G. Spelios Revocable Trust Partner 1 Mar 1994 Other 20-6161331
Philip John Miller Portfolio manager 1 Mar 2000 Other 335382
Peter Dwight Scholtz Chief compliance officer 1 Jan 2005 Other 873183
Frederick Henry Scholtz Partner 1 Jan 2005 Other 4419946
Andrew Scholtz Partner 1 Jan 2005 Other 4419960
Carl Henry Scholtz Partner 1 Jan 2011 Other 5365510
Carl Scholtz Partner 1 Jan 2011 Other 5365510

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Roy R. Gonzalez Partner 1 Feb 1930 Other 4419956
Scholtz Capital Management Partner 1 Feb 1994 50% - 75% 13-3756683
Liza Altman Partner 1 Mar 1994 Other 1267827
L.L.C. Scholtz & Company Partner 1 Mar 1994 Other 107363
Gregzak Enterprises Inc Partner 1 Mar 1994 Other 65-0373667
Louis G. Spelios Trustee 1 Mar 1994 Other 6089740
Enterprises Gregzak Partner 1 Mar 1994 Other 4419964
Andrew Scholtz Partner 1 Jan 1997 Other 4419960
Angela Williams Scholtz Partner 1 Jun 1997 Other 4419946
Frederick Henry Scholtz Partner 1 Jan 2004 Other 4419946

Based in Stamford

The principal office where Scholtz & Company, L.L.C. performs its advisory services is located at 107 Elm Street, Stamford, CT 06902, 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 203-714-9900 or by fax 203-588-9032. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at scholtzandco.com.

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