Peter Scholtz, financial advisor Stamford CT
103 score

Peter Scholtz

CRD Number: 873183
Current Firm: Scholtz & Co
Compensation Model: Fee Only

Scholtz & Company is an investment management firm which provides customized investment services to individuals and institutions. Specifically, Scholtz & Company manages its clients' individual investment accounts to help build and maintain a bright financial future. At Scholtz & Company, we are committed to building lifelong client relationships by providing exceptional service, personalized portfolios and superior long-term performance. These are goals we have been successfully achieving since our firms beginning.

CONTACT
Advisory Practice Details
Services Offered:
  • Investment management
  • Buying a home
  • Career change
  • College preparation
  • Divorce
  • Getting married
  • Having a child
  • Job loss
  • Retirement planning
  • Sudden wealth
  • Concentrated / highly appreciated positions
  • Stock options / restricted stock
Investment Strategy:

Scholtz & Company was established to provide the necessary individual attention and customization that every client deserves when dealing with their financial investment needs. We understand that everyone is unique and must have an investment approach that accommodates his/her individual circumstances. As a result, our client portfolios are customized based on a variety of factors including each individual’s risk profile, income needs, time horizon and stated investment goals. We are also happy to accommodate clients with social or other unique investment considerations. As part of our new client process we determine what general investment strategy (or rough asset allocation between stocks and bonds) makes sense for their individual needs and work within the framework of our primary strategies: All Cap Equity, Balanced, Income and Tactical Allocation strategies. Additionally, Scholtz & Company has a more focused all-equity strategy, Small Cap Equity. Within each of these broad strategies, however, portfolios are then further modified to suit each individual client. For instance, some Equity accounts may be managed far more aggressively or conservatively than others based on the clients’ preferences and financial situation. We find these broad investment strategies to be useful because they provide Scholtz & Company an appropriate investment framework for each individual along with allowing our clients to have transparency and expectations into how their investments are generally being allocated.

Pricing Model:

Scholtz & Company, LLC is compensated for advisory services by a percentage-based fee. Fees are calculated as a percentage of assets at the beginning of each quarter. The management fee schedule for the All Cap Equity, Small Cap Equity, and Tactical Allocation composites are as follows: 1.25% on the first $1million; 1.0% thereafter. Both the Balanced and Income composites adhere to a management fee schedule as follows: 1.00% on the first $5million; 0.90% thereafter.

Professional Designations and Affiliations
Company Name Location Dates Years
Scholtz & Company, LLC New York, NY Apr 1994 - Current 22
Smith Barney New York , NY Jun 1979 - Apr 1994 14
Bankers Trust New York, NY Sep 1974 - Jan 1978 3
Degree School Major Graduation Date
Bachelor of Science Ohio Wesleyan University Economics May 1974
Master of Business Administration Columbia University Finance May 1979
Exam Code Name Passed Date
S63 Uniform Securities State Law Examination Jan 1980
S7 General Securities Representative Examination (GS) Jan 1980
S65 NASAA Investment Advisors Law Examination Jul 2012
Contact Info for Peter D. Scholtz
Phone Number: (203) 714-9900
Advisor Website: http://www.scholtzandco.com/
Registered State(s):
  • CA
  • CT
  • LA
  • TX
  • AL
  • AZ
  • AK
  • AR
  • CO
  • DE
  • DC
  • FL
  • GA
  • HI
  • ID
  • IL
  • IA
  • IN
  • KY
  • KS
  • MD
  • ME
  • MA
  • MI
  • MN
  • MO
  • MS
  • MT
  • NE
  • NV
  • NJ
  • NH
  • NM
  • NC
  • NY
  • OH
  • ND
  • OK
  • OR
  • PR
  • PA
  • SC
  • RI
  • SD
  • TN
  • UT
  • VT
  • VA
  • WA
  • WV
  • VI
  • WI
  • WY
FAQ
WHAT SHOULD YOU EXPECT WHEN YOU HIRE SCHOLTZ & COMPANY?
When we manage your financial assets, you are getting an investment management firm that is highly focused on individual attention, client service, and investment performance. At the beginning of the process, Scholtz & Company Portfolio Managers take the time to fully understand your financial picture, long-term goals, risk tolerance, time horizon, and unique investment needs. Once your account is opened, your Portfolio Manager will begin investing your assets in your own personal, customized investment account. One size does not fit all. We strive to make the account opening paperwork as easy as possible by filling it out for you so all you have to do is sign. You will receive an official monthly statement from the custodial bank as well as quarterly statements and letters from Scholtz & Company. Additionally, our back-office team will handle all communication with the custodial bank so clients can rely on a single point of contact at Scholtz & Company who knows their unique situation and can help with anything related to investments or logistics.
WHAT IS THE DIFFERENCE BETWEEN A FINANCIAL PLANNER AND A PORTFOLIO MANAGER?
A Financial Planner is focused on helping clients prepare for retirement through budgeting, insurance decisions, and estate planning. They typically outsource the asset management process through funds. A Portfolio Manager is focused on the actual investing of your assets. Scholtz & Company specializes in asset management, but does offer financial planning services as well.
DOES SCHOLTZ & COMPANY OFFER FINANCIAL PLANNING?
We offer many aspects of financial planning. Our Portfolio Managers have decades of financial services experience and are well versed in many finance and estate planning options which they are happy to discuss with you. We do not charge for these services.
HOW DOES MY PORTFOLIO GET CUSTOMIZED?
After an in-depth review of a new client’s circumstances, our Portfolio Managers build a customized portfolio for the client according to their return and risk goals. For example, with respect to particularly conservative clients, Portfolio Managers will focus on less risky securities while clients with higher risk tolerance are more apt to invest in securities with higher return potential. This also applies to asset allocation, where the mix of cash, stocks and bonds reflect risk tolerance.
WILL MY INVESTMENTS BE MANAGED AS PART OF ONE MUTUAL ACCOUNT OR FUND?
No. All Scholtz & Company clients have their own accounts that are individually managed. Through online access or monthly statements sent to you by mail, you will be able to see exactly what securities you own. Assets are not co-mingled with other clients’.
HOW DOES SCHOLTZ & COMPANY RESEARCH AND SELECT INVESTMENT IDEAS?
Scholtz & Company Portfolio Managers and Analysts spend a majority of their time searching for and researching potential securities to add to client portfolios. This involves a variety of analyses, including a review of public financial statements, meetings or calls with a company’s management, and deep financial modeling. Additionally, Scholtz & Company has developed computer screening models to help search for new ideas.
HOW MANY EQUITY POSITIONS DOES AN ACCOUNT TYPICALLY HOLD?
Depending on account size, accounts will hold 30 to 40 positions. Larger accounts will be toward the higher end of this range. We feel comfortable in this range as it gives our accounts enough diversification to control risk.
DOES SCHOLTZ & COMPANY USE MUTUAL FUNDS OR EXCHANGE-TRADED FUNDS (ETFs)?
Scholtz & Company does not use mutual funds. First, mutual funds are our competition. We pick securities and build a portfolio; mutual funds do the same, except they can’t customize for individuals. Second, mutual funds charge a management fee as well (which comes directly out of the fund). By investing in mutual funds, you would be paying double fees. In terms of ETFs, we generally do not invest in them except for a few unique situations such as to invest in a commodity (e.g., gold) or in a specific country (e.g., China) on a broad basis. Fees in ETFs are also usually much lower than fees in mutual funds.
WHAT ARE THE FEES AND EXPENSES THAT I WILL BE CHARGED?
Scholtz & Company charges a management fee based on the assets under management (AUM) on a quarterly basis. Besides a management fee, accounts will be charged commissions for all trades that Scholtz & Company puts through with broker-dealers. Scholtz & Company does not receive any of these commissions which typically amount to 0.25-0.35% of the account annually (depending on trading volume for any given year). Other fees such as custody fees are typically paid by Scholtz & Company.
By the Numbers
  • Total Assets Under Management
    137
    MILLIONS
  • Total Number of Accounts
    206
    ACCOUNTS
  • Average Account Value
    $664,784
Types of Clients
Registered States
Advisors affiliated with a RIA are permitted to work with up to five clients in nearly-all states* without explicit registration. The map below shows states where this firm has explicit registration only.

CA, CT, FL, LA, NJ, NY, TX

Ready to hire a financial advisor? Get competitive proposals from Peter Scholtz and other advisors.
BADGES
103
Verified Page
Data verified by both the advisor and the public regulatory data.
Clean Record
This advisor has a clean track record with regulators.

About Wealthminder

Wealthminder was created for one simple reason: To help people get the financial assistance they need to achieve their long-term financial goals.

Wealthminder is a database of every Investment Advisor Representative in the country. We work hard to collect and provide you the information you need to find a financial advisor who’s right for you.

If you are looking for a specific financial advisor and you can’t find them on Wealthminder, it’s likely that they are either exclusively a broker or are unlicensed - please contact us and we’ll try to help!

Finding a Financial Advisor through Wealthminder

Historically finding and hiring a financial advisor was hard. Wealthminder was built to make the process much easier.

The best way to use Wealthminder is to take advantage of our free proposal system. All you have to do is take a few minutes of your time to describe your situation and the assistance you are looking for.

Wealthminder then sends your request to our network of prescreened financial advisors. If a financial advisor is interested in your business, they will submit a proposal to you.

You review the proposals you receive and decide if you’d like to have a follow-up call with one or more of the financial advisors.

Throughout the process, you maintain control. We only share your contact information with a financial advisor once you ask for an introduction.