William R. Scheel, Investment Adviser

William R. Scheel, Investment Adviser is an SEC-registered investment adviser. The firm manages approximately $2 million in regulatory assets.

William R. Scheel, Investment Adviser

William R. Scheel, Investment Adviser is an SEC-registered investment adviser. The firm manages approximately $2 million in regulatory assets. It has 1 employee and 1 investment adviser.

General information

Firm type

Single Family Office

Who controls investment decisions at William R. Scheel, Investment Adviser?

William R. Scheel is the named principal and likely controls investment decisions. As a registered investment adviser, the firm is subject to fiduciary standards, but details on its investment committee are not public.

How is William R. Scheel, Investment Adviser related to Scheels All Sports?

The firm manages wealth connected to the Scheel family, which owns Scheels All Sports, the US sporting goods retailer founded in 1902. William R. Scheel is a family member, based on public records of business filings and family ownership.

What asset classes does the firm invest in?

Specific asset classes have not been disclosed. However, typical family offices with wealth from retail businesses invest in publicly traded securities, fixed income, and direct holdings. This firm appears to follow a diversified private management strategy.

Is the firm open to external investors?

The firm is registered as an investment adviser but its public profile does not suggest it solicits outside capital. It appears to act solely for the Scheel family, consistent with a single-family office model.

Where does the underlying wealth come from?

The underlying wealth originates from the Scheel family's ownership of Scheels All Sports, the sporting goods chain founded in Sabin, Minnesota, in 1902. The firm manages this multigenerational fortune.

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