Steven A. Schmidt

BALLAST ADVISORS

St. Paul, MN 55114

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CRD#: 2269458

Professional summary

Steven Andrew Schmidt, CFP®, who also goes by Steve Schmidt, is a registered financial advisor currently at BALLAST ADVISORS, LLC located in St. Paul, Minnesota.

Steven is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1993. Steven has worked at 3 firms and has passed the Series 63, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Steve Schmidt

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. REAL ESTATE OWNERSHIP,COMMERCIAL,3820 CLEVELAND AVE. NORTH, SUITE 500 ARDEN HILLS, MN 55112,INC:$1 TO $999. 2. INDEPENDENT INSURANCE AGENT WITH VARIOUS INSURANCE COMPANIES; INVESTMENT RELATED.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Steven Andrew Schmidt'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®

CFP^®

Certified Financial Planner

Start date: 2011

Experience

Current

February 2, 2017 - Present

BALLAST ADVISORS, LLC

Office #1: 2550 University Ave. W. Suite 314n, St. Paul, MN 55114

RIA

CRD#: 285991

St. Paul, MN

Past

October 30, 2012 - February 3, 2017

AMERIPRISE FINANCIAL SERVICES, LLC

RIA

CRD#: 6363

ARDEN HILLS, MN

Past

July 9, 2009 - December 31, 2010

AMERIPRISE FINANCIAL SERVICES, LLC

RIA

CRD#: 6363

ARDEN HILLS, MN

Past

January 25, 1993 - July 3, 2006

IDS LIFE INSURANCE COMPANY

CRD#: 6321

MINNEAPOLIS, MN

Past

January 25, 1993 - February 3, 2017

AMERIPRISE FINANCIAL SERVICES, LLC

CRD#: 6363

ARDEN HILLS, MN

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".

BALLAST ADVISORS, LLC

ASHER ADVISORS, LLC | BALLAST INSURANCE SERVICES | BALLAST ADVISORS, LLC

CRD#: 285991 / SEC#: 801-108984

RIA

Registered Investment Advisory firm - (1/19/2017 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.

Highlighted states indicate IAR registrations

IAR

Minnesota
(2/2/2017)

IAR

Texas
(3/31/2023)

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.

Exams

State Security Law Exam

Series 63

Date: 12/14/1992

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 2/3/2017

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 1/21/1993

General Securities Representative Examination

Current Firm

BALLAST ADVISORS, LLC

ASHER ADVISORS, LLC | BALLAST INSURANCE SERVICES | BALLAST ADVISORS, LLC

CRD#: 285991 / SEC#: 801-108984

RIA

Registered Investment Advisory firm - (1/19/2017 Approved)

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Contact information

Main Address

683 Bielenberg Drive Suite 208, Woodbury, MN 55125

Mailing Address

Phone number

(651) 478-4644

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (22 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

BALLAST ADV PART 2A (11/7/2025)

Regulatory assets under management

Total Number of Accounts	2,449
AUM (Assets Under Management)	$ 587,590,759

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

Steven A. Schmidt

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Steven Andrew Schmidt's CRS (Customer Relationship Summary).

Certified licenses

Experience

AMERIPRISE FINANCIAL SERVICES, LLC

AMERIPRISE FINANCIAL SERVICES, LLC

IDS LIFE INSURANCE COMPANY

AMERIPRISE FINANCIAL SERVICES, LLC

Primary Firm SEC Registration

BALLAST ADVISORS, LLC

State Registrations and Notice Filings

Exams

Series 63

Date: 12/14/1992

SIE

Date: 2/3/2017

Series 7

Date: 1/21/1993

Current Firm

BALLAST ADVISORS, LLC

Contact information

SEC notice filing (22 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

BALLAST ADVISORS, LLC

TRUST BUT VERIFY

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