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Jason Schmitt

Video Transcripts

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Introduction - Jason Schmitt

[background music]

Jason Schmitt: Hello, I'm Jason Schmitt, Managing Partner at Jacobson & Schmitt Advisors.

Our firm's mission is to have a positive impact in...

[background music]

Jason Schmitt: Hello, I'm Jason Schmitt, Managing Partner at Jacobson & Schmitt Advisors.

Our firm's mission is to have a positive impact in our clients' lives by helping them build their unique legacy. Our goals are to help clients achieve better financial outcomes, improve financial efficiency, and manage emotions, as they relate to finances.

Our processes are designed to uncover what's possible, given your financial situation. Once we understand what's possible, we're able to create and implement a portfolio strategy that will help you achieve better outcomes even during difficult economic times. After implementation of your portfolio strategy, we typically schedule a follow-up meeting at your six-month anniversary.

This is a time for us to answer any questions you might have. Our goal is to meet with all clients at least once a year, but of course, you have the option to push the meeting out if need be. Meetings can take place in person or through videoconference. It's your preference. Let's talk about why I'm here at Jacobson & Schmitt Advisors. Personally, I have two passions.

First, I feel a deep responsibility to be a positive influence on your financial life. In my opinion, our industry would have an entirely different look and feel if this concept was the driving force behind financial products. Sadly, it's not. Secondly, I believe strongly in the idea of conscious capitalism.

There are so many great investment opportunities out there that there's really no reason to invest in companies that aren't true to their shareholders, their employees, and Mother Earth.

Let me end on this note. I, along with the other principals of Jacobson & Schmitt Advisors, own the same stocks we recommend to our clients. As an investor, you should demand that your advisor does the same.

When markets are going up, this practice is nice. When the markets are going down, it's priceless. I look forward to speaking with you. Thank you for taking the time to learn about Jacobson & Schmitt Advisors.

[music]


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Investment Management - Jason Schmitt

[music]

Jason Schmitt: Hello, I'm Jason Schmitt, Managing Partner at Jacobson & Schmitt Advisors. As an active manager of a socially responsible portfolio, we're...

[music]

Jason Schmitt: Hello, I'm Jason Schmitt, Managing Partner at Jacobson & Schmitt Advisors. As an active manager of a socially responsible portfolio, we're looking for companies who can provide long-term, above average returns that also have a forward-looking management team. Companies who understand the importance of staying true to their shareholders, employees, and Mother Earth.

Most advisors will buy a socially responsible mutual fund and call it a day. You might even own one yourself. We believe you can own a well-diversified portfolio of 20 to 30 companies that from a social standpoint provide the same benefit. However, in our structure you have the flexibility to give us insight and what it means to you.

For example, if a client doesn't want to own an alcohol producing stock, we can avoid that, whereas in a mutual fund they cannot easily make those exceptions. In addition to owning a portfolio of companies, we're also trying to maximize the tax efficiency of your portfolio.

Many of our clients have a difficult time understanding how their investment portfolios and tax situation work together. By working with your accountant, we can help you with this.

All of our clients own the same stocks, but their allocations will differ, based on their time horizon and their goals. We're firm believers in the idea that a good investment can be good for everyone, not just a select group of clients.

For many of our clients, their portfolio allocation has little to do with their age. In our opinion, portfolio allocation should be directed by what you want to do with your money, not your age.

For example, a retiree in her 90s could have a portfolio allocated a hundred percent to stocks if she never intended to take money from the portfolio. Why wouldn't she want the portfolio to grow for the benefit of her children or charity?

That being said, you could also be in your 20s hoping to go back to school in a few years. Does your age dictate that you should have a portfolio consisting only of stocks? No, you likely should have a more balanced portfolio consisting of stocks and bonds. This would be more in line with the goal of using the portfolio for school.

Our process spends a lot of time figuring out what your goals and possibilities are. Once we have an understanding of what you hope to achieve, we'll develop a portfolio strategy that helps you meet those goals.

Let me end on this note. I, along with the other principals of Jacobson & Schmitt Advisors, own the same stocks we recommend to our clients. As an investor, you should demand that your advisor does the same. When markets are going up, this practice is nice, but when markets are going down, it's priceless.

I look forward to speaking with you. Thank you for taking the time to learn about Jacobson & Schmitt Advisors.

[music]


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Wealth Management - Jason Schmitt

[music]

Jason Schmitt: Hello, I'm Jason Schmitt, Managing Partner of Jacobson & Schmitt Advisors. Our mission is to have a positive impact in our...

[music]

Jason Schmitt: Hello, I'm Jason Schmitt, Managing Partner of Jacobson & Schmitt Advisors. Our mission is to have a positive impact in our clients' lives by helping them build their unique legacy. Our goals are to help clients achieve better financial outcomes, explore possibilities, improve financial efficiency, and manage emotions as they relate to finances. Let's discuss each of these.

Often, when we discuss better outcomes, it comes down to understanding what's financially possible in your specific situation. Then, improving on those possibilities through our advice. Our pursuit of better outcomes for our clients drives all of our investment management and financial planning processes.

Improving your financial efficiency is what happens when you have an advisor who can pull together all aspects of your financial life. Essentially, acting as your family's co-chief financial officer. In this role, we work with your CPA, a state attorney, and insurance agent to make sure you're maximizing the financial aspects of your life.

Examples of this are implementing the tax-efficient investment portfolio, selecting the right Social Security strategy, or simply choosing the best charitable gifting strategy for your situation.

Our final goal is often the most difficult to accomplish, but frankly it's the most rewarding. Every financial decision in life comes with two often competing sides. First, you have the financial or numbers side of the decision. This is the side we're really good at.

Second, you have the emotional side of the decision. This is the gut feeling. This is the feeling that will allow you to feel happiness or regret once your decision has been made. Our view is, as humans, emotions will always play a role in our decision-making process.

Our goal is to ensure that you have clear and unbiased numbers which allow you to emotionally be happy with your decision. More importantly, we simply help you manage the decision-making process, not simply feed into your emotions to sell a product.

As a client of our firm, we'll focus on accomplishing these goals through our processes of purposeful planning, conscience investing, and thoughtful advice.

Let me end on this note. I, along with the other principals at Jacobson & Schmitt Advisors, own the same stocks we recommend to our clients. As an investor, you should demand the same from your advisor. When markets are going up, this practice is nice. When markets are going down, it's priceless.

I look forward to speaking with you. Thank you for taking the time to learn about Jacobson & Schmitt Advisors.

[music]

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