# Higgins & Schmidt Wealth Strategies

Higgins & Schmidt Wealth Strategies is a Bank / Wealth / Trust based in Denver, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Denver, United States
- **Region:** North America
- **Address:** Denver, CO, United States
- **Founded:** 2010
- **Assets under management:** Sub-$500M (Altss estimate)
- **Website:** hdwscolorado.com
- **LinkedIn:** https://www.linkedin.com/company/higgins-schmidt-wealth-strategies

## Regulatory record

- **CRD number:** 286063
- **SEC file number:** 801-119622
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-17T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/286063

## About

Founded in 2010, Higgins & Schmidt Wealth Strategies was established as a Denver-based registered investment advisor. The firm serves individuals, high-net-worth families, and charitable organizations, providing a fiduciary duty that requires it to place client interests above its own — a legal obligation that broker-dealers and hybrid advisors do not always carry. Higgins & Schmidt constructs portfolios spanning public equities, fixed income, and alternative investments. The firm manages these assets through separately managed accounts rather than commingled funds, giving each client a distinct allocation shaped by their own liquidity needs and tax circumstances. Investment management is bundled with retirement planning, tax strategy, and estate planning — a multi-disciplinary model that integrates asset allocation with broader wealth-transfer and income-planning decisions. The firm's geographic footprint is concentrated in Colorado. As a compact wealth manager, Higgins & Schmidt operates without the sprawling departmental silos common at national wirehouses. The firm has maintained a single-office presence in Denver since inception. Client advisory and portfolio management functions are not separated into distinct units, which typically shortens the distance between a client's tax preparer, estate attorney, and the person executing trades on their behalf. No adjacent philanthropic vehicle, operating business, or co-investment club has been disclosed. The firm's registered investment advisor structure is its primary differentiator. Unlike broker-dealer models where compensation can be tied to product sales or transaction volume, Higgins & Schmidt is compensated through advisory fees based on assets under management. This aligns the firm's revenue trajectory with portfolio performance and client retention rather than trading activity — a structural choice that shapes its posture as a planning-led rather than product-led practice.

## People

- Steven Higgins — Managing Partner, CFP®
- Allie Schmidt — Managing Partner, CPA, CFP®

## Questions

### Is Higgins & Schmidt a fiduciary, and how does that affect client portfolios?

Yes. As a registered investment advisor, Higgins & Schmidt operates under the Investment Advisers Act of 1940, which imposes a fiduciary duty to act in clients' best interests. This means the firm cannot recommend investments that generate higher commissions or fees for itself if a lower-cost, equally suitable option exists. In practice, it shapes the firm's posture toward fee-based advisory accounts rather than commission-driven brokerage, aligning revenue with asset growth rather than transaction volume.

### Does Higgins & Schmidt manage pooled funds or only individual accounts?

The firm constructs portfolios through separately managed accounts tailored to each client's tax situation, liquidity needs, and estate-planning goals. No pooled or commingled vehicle — such as a proprietary mutual fund or private equity fund — has been disclosed. This individual-account architecture gives clients direct ownership of underlying securities, which can offer greater tax-loss harvesting precision than a fund-of-funds structure.

### What types of clients does Higgins & Schmidt typically serve?

The firm advises individuals, high-net-worth individuals, and charitable organizations. Its service model integrates investment management with retirement planning, tax strategy, and estate planning, which tends to attract clients who want a single advisory relationship spanning both their balance sheet and their long-term wealth-transfer goals rather than a siloed investment-only mandate.

### Does Higgins & Schmidt have offices outside of Colorado?

No additional offices have been disclosed. The firm has maintained a single presence in Denver since its founding in 2010, and its client base is concentrated in Colorado. This single-office model is typical of boutique RIAs that prioritize advisor-client proximity over geographic expansion.

## Related profiles

- [Higashi-Nippon Bank](https://altss.com/profile/higashi-nippon-bank)
- [High Country Capital Management](https://altss.com/profile/high-country-capital-management)

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Last updated: 2026-07-06T00:34:25.441Z

Canonical page: https://altss.com/profile/higgins-schmidt-wealth-strategies

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