# Douglas Schmitz

> Douglas Schmitz is a fee-only financial advisor at Financial Strategies Group in Fargo, North Dakota. Douglas focuses on small business owners, founders (pre-exit) and retirement planning. Financial Strategies Group reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/douglas-schmitz/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Financial Strategies Group
- **Based in:** Fargo, North Dakota
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $189.1M across 1,346 accounts
- **Specialties:** Small business owners, Founders (pre-exit), Retirement planning, Estate & legacy planning, Tax planning
- **Works with:** Founders
- **CRD:** 1771132 (https://adviserinfo.sec.gov/individual/summary/1771132)
- **SEC registration:** Investment adviser representative in ND, TX
- **Exams passed:** Series 63 (1988), Series 65 (1998), Series 66 (2002)
- **Firm size:** 10 employees
- **Disclosures:** Reported; see the SEC record
- **Website:** https://www.finstrat.com

## Frequently asked questions

### Is Douglas Schmitz a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Douglas holds no broker registration, and Financial Strategies Group reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Douglas charge for financial advice?

Douglas's firm, Financial Strategies Group, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Douglas Schmitz based?

Douglas Schmitz is based in Fargo, North Dakota.

### What does Douglas specialize in?

Douglas's specialties include small business owners, founders (pre-exit), retirement planning, estate & legacy planning and tax planning. Douglas works with founders.

### Is Douglas Schmitz registered with the SEC?

Yes. Douglas Schmitz is registered as an investment adviser representative in ND and TX (CRD 1771132), per SEC Investment Adviser Public Disclosure data as of October 29, 2026. The record lists disclosures; see the SEC record for details.

### How much does Financial Strategies Group manage?

Financial Strategies Group reports $189.1M across 1,346 accounts in assets under management.

### How do I contact Douglas Schmitz?

Through Douglas's website, www.finstrat.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/1771132): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://www.finstrat.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.