WS
William C. Schumann
CETERA INVESTMENT ADVISERS LLC
WHEATON, IL 60187
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CRD#: 1604894
WS
Professional summary
William Charles Schumann, CFP® is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Wheaton, Illinois and CETERA FINANCIAL SPECIALISTS LLC located in Wheaton, Illinois.
William is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1987. William has worked at 8 firms and has passed the Series 63, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1) SCHUMANN FINANCIAL, INVESTMENT RELATED, ADDRESS SAME AS REGISTERED BRANCH, DBA MARKETING NAME FOR SECURITIES AND ADVISORY BUSINESS, OWNER, PRESIDENT, 40H/WEEK, SINCE 01/2000 2) SWISHER & SCHUMANN DBA SCHUMANN FINANCIAL; WHEATON, IL; NON-INVESTMENT RELATED; INCOME TAX SERVICES/ENROLLED AGENT; PRESIDENT/OWNER; SINCE 10/1986; 160 HRS/MO
CRS (Client Relationship Summary) - RIA
Click below to view William Charles Schumann's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 1988
Experience
Current
December 16, 2023 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 214 W Willow Ave, Wheaton, IL 60187RIA
CRD#: 105644
WHEATON, IL
Current
December 18, 2023 - Present
CETERA FINANCIAL SPECIALISTS LLC
Office #1: 214 W Willow Ave, Wheaton, IL 60187BD
CRD#: 10358
WHEATON, IL
Past
April 1, 2021 - December 19, 2023
GROVE POINT ADVISORS, LLC
RIA
CRD#: 313171
Wheaton, IL
Past
January 26, 2015 - April 1, 2021
GROVE POINT INVESTMENTS, LLC
RIA
CRD#: 1763
WHEATON, IL
Past
September 2, 2009 - December 19, 2023
GROVE POINT INVESTMENTS, LLC
BD
CRD#: 1763
WHEATON, IL
Past
October 28, 2002 - September 2, 2009
WATERSTONE FINANCIAL GROUP, INC.
BD
CRD#: 10078
WHEATON, IL
Past
January 3, 1989 - October 28, 2002
DREHER & ASSOCIATES, INC.
BD
CRD#: 8665
OAKBROOK TERRACE, IL
Past
May 20, 1987 - January 11, 1989
FSC SECURITIES CORPORATION
BD
CRD#: 7461
Past
January 7, 1987 - August 4, 1987
GARY-WHEATON INVESTMENT SERVICES, INC.
BD
CRD#: 17080
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Alabama(1/26/2024)
RR
Arizona(2/29/2024)
RR
Arkansas(2/2/2024)
RR
California(12/18/2023)
RR
Colorado(2/22/2024)
RR
Connecticut(5/2/2025)
RR
District of Columbia(2/21/2024)
RR
Florida(3/28/2024)
IAR
Florida(5/18/2024)
RR
Georgia(12/19/2023)
RR
Idaho(1/21/2025)
RR
Illinois(1/25/2024)
IAR
Illinois(1/25/2024)
RR
Indiana(2/22/2024)
RR
Iowa(12/18/2023)
RR
Kansas(1/25/2024)
RR
Kentucky(1/30/2024)
RR
Maine(3/13/2024)
RR
Michigan(1/25/2024)
RR
Minnesota(1/26/2024)
RR
Montana(1/9/2025)
RR
Nebraska(12/21/2023)
RR
Nevada(1/25/2024)
RR
New Hampshire(2/16/2024)
RR
New Jersey(1/29/2024)
RR
New Mexico(1/25/2024)
RR
North Carolina(2/14/2024)
RR
North Dakota(2/22/2024)
RR
Ohio(12/18/2023)
RR
Oklahoma(1/30/2024)
RR
Pennsylvania(1/30/2024)
RR
South Carolina(2/22/2024)
RR
Tennessee(2/7/2024)
IAR
Texas(12/16/2023)
RR
Texas(12/19/2023)
RR
Utah(2/7/2024)
RR
Vermont(1/26/2024)
RR
Virginia(1/27/2024)
RR
Washington(1/26/2024)
RR
Wisconsin(2/8/2024)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
