Douglas G. Schmitz

FINANCIAL STRATEGIES GROUP

FARGO, ND 58102

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CRD#: 1771132

Professional summary

Douglas Gene Schmitz, who also goes by Doug Schmitz, is a registered financial advisor currently at FINANCIAL STRATEGIES GROUP located in Fargo, North Dakota and PURSHE KAPLAN STERLING INVESTMENTS located in Fargo, North Dakota.

Douglas is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1987. Douglas has worked at 12 firms and has passed the Series 66, Series 65, Series 63, SIE, Series 7 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Doug Schmitz

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.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Douglas Gene Schmitz's CRS (Customer Relationship Summary).

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®

None

Experience

Current

July 5, 2006 - Present

FINANCIAL STRATEGIES GROUP

Office #1: 1220 28th Avenue North, Fargo, ND 58102

RIA

CRD#: 122030

FARGO, ND

Current

January 21, 2026 - Present

PURSHE KAPLAN STERLING INVESTMENTS

Office #1: 1220 28th Ave N, Fargo, ND 58102

CRD#: 35747

Fargo, ND

Past

June 25, 2024 - January 22, 2026

SECURE ASSET MANAGEMENT, L.L.C.

RIA

CRD#: 144046

Fargo, ND

Past

March 8, 2024 - January 22, 2026

AURORA SECURITIES

CRD#: 46147

Fargo, ND

Past

November 27, 2012 - April 23, 2024

CLASSIC, LLC

CRD#: 159357

FARGO, ND

Past

January 4, 2010 - December 31, 2012

NORTHSTAR FINANCIAL PARTNERS, INC.

CRD#: 107708

FARGO, ND

Past

October 22, 2007 - December 31, 2009

FINTEGRA, LLC

CRD#: 16741

FARGO, ND

Past

January 12, 2005 - October 19, 2007

QUESTAR ASSET MANAGEMENT, INC.

RIA

CRD#: 133358

FARGO, ND

Past

January 8, 2003 - December 31, 2005

QUESTAR CAPITAL CORPORATION

RIA

CRD#: 43100

FARGO, ND

Past

January 2, 2003 - October 19, 2007

QUESTAR CAPITAL CORPORATION

CRD#: 43100

FARGO, ND

Past

January 22, 2002 - December 31, 2002

CETERA ADVISORS LLC

RIA

CRD#: 10299

FARGO, ND

Past

September 1, 1992 - December 31, 2002

CETERA ADVISORS LLC

CRD#: 10299

GREENWOOD VILLAGE, CO

Past

April 24, 1990 - August 31, 1992

WALNUT STREET SECURITIES, INC.

CRD#: 15840

EL SEGUNDO, CA

Past

November 25, 1987 - April 20, 1990

FSC SECURITIES CORPORATION

CRD#: 7461

ATLANTA, GA

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".

FINANCIAL STRATEGIES GROUP

CLASSIC ASSET MANAGEMENT, LLC | FINANCIAL STRATEGIES GROUP, INC. | FINANCIAL STRATEGIES GROUP

CRD#: 122030 / SEC#: 801-67302

RIA

Registered Investment Advisory firm - (12/1/2006 Approved)

North Dakota

Registered Investment Advisory firm - (12/6/2006 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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.

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

Arizona
(1/21/2026)

Colorado
(1/27/2026)

Minnesota
(1/26/2026)

IAR

North Dakota
(7/5/2006)

North Dakota
(1/21/2026)

South Dakota
(1/27/2026)

IAR

Texas
(10/9/2013)

Texas
(1/21/2026)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 66

Date: 1/9/2002

Uniform Combined State Law Examination

State Security Law Exam

IAR

Series 65

Date: 12/15/1998

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 2/4/1988

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 11/21/1987

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 7/25/2012

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

FINANCIAL STRATEGIES GROUP

CLASSIC ASSET MANAGEMENT, LLC | FINANCIAL STRATEGIES GROUP, INC. | FINANCIAL STRATEGIES GROUP

CRD#: 122030 / SEC#: 801-67302

RIA

Registered Investment Advisory firm - (12/1/2006 Approved)

North Dakota

Registered Investment Advisory firm - (12/6/2006 Terminated)

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Contact information

Main Address

1220 28th Avenue North, Fargo, ND 58102

Mailing Address

Phone number

(701) 234-0103

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (11 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

CLASSIC ASSET MANAGEMENT, LLC ADV BROCHURE (1/29/2026)

Regulatory assets under management

Total Number of Accounts	1,346
AUM (Assets Under Management)	$ 189,148,000

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.

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Advisor Monitoring

Firm Stability Insights

Douglas G. Schmitz

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Douglas Gene Schmitz's CRS (Customer Relationship Summary).

Certified licenses

Experience

PURSHE KAPLAN STERLING INVESTMENTS

SECURE ASSET MANAGEMENT, L.L.C.

AURORA SECURITIES

CLASSIC, LLC

NORTHSTAR FINANCIAL PARTNERS, INC.

FINTEGRA, LLC

QUESTAR ASSET MANAGEMENT, INC.

QUESTAR CAPITAL CORPORATION

QUESTAR CAPITAL CORPORATION

CETERA ADVISORS LLC

CETERA ADVISORS LLC

WALNUT STREET SECURITIES, INC.

FSC SECURITIES CORPORATION

Primary Firm SEC Registration

FINANCIAL STRATEGIES GROUP

State Registrations and Notice Filings

Exams

Series 66

Date: 1/9/2002

Series 65

Date: 12/15/1998

Series 63

Date: 2/4/1988

SIE

Date: 10/1/2018

Series 7

Date: 11/21/1987

Series 24

Date: 7/25/2012

FINRA

Current Firm

FINANCIAL STRATEGIES GROUP

Contact information

SEC notice filing (11 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

FINANCIAL STRATEGIES GROUP

TRUST BUT VERIFY

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