TS
Tim L. Schuth
CETERA INVESTMENT ADVISERS LLC
PLATO, MN
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CRD#: 4297003
TS
Professional summary
Tim Lee Schuth is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Plato, Minnesota and CETERA WEALTH SERVICES, LLC located in Plato, Minnesota.
Tim is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2000. Tim has worked at 4 firms and has passed the Series 63, SIE, Series 7 and Series 6 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) The Lutheran Home Association~'NIR'~337 South Meridan St~Belle Plaine~MN~56011~Club/Association Director/Officer~Treasurer/Comptroller~5/5/2014~2hrs~2hrs~I serve on the Board of Trustees. The company is a non profit that owns and manages nursing and assisted living homes. Being treasurer is more of a title. I do not sign checks or manage their books. 2) Glencoe Chamber of Commerce CEO's~'NIR'~1107 11th St E~Glencoe~MN~55336~Nonprofit~Director/Officer~9/13/2016~2hrs~0hrs~Volunteer position for the Chamber of commerce helping organize events in the town. 3) Stevens Seminary~'NIR'~1017 Hennepin Ave N~Glencoe~MN~55336~Club/Association Director/Officer~Director/Officer~4/10/2014~1hrs~1hrs~Volunteer on the Board. They donate money to scholarships and the local school district. 4) The Lutheran Home Association Investment Committee~'NIR'~337 South Meridan Street~Belle Plaine~MN~56011~No Outside Business Activities - Investments Only~Director/Officer~1/15/2013~1hrs~1hrs~Help the committee with investment decisions for the Lutheran Home Board of Directors. 5) Precious Little Blessings~'NIR'~1304 Fir Ave N~Glencoe~MN~55336~Nonprofit~Director/Officer~9/7/2015~10hrs~5hrs~Help with the activities and decisions of the church run daycare/preschool. 6) St John's Ev Lutheran Church~'NIR'~4505 80th St~Glencoe~MN~55336~Board Position/Officer~Other~1/1/2020~4hrs~0hrs~I am the Vice President. I attend monthly meeting, help setup communion and take the minutes of the meetings. 7) SCHUTH TAX SERVICES LLC POSITION: LLC Owner NATURE: Tax Services INVESTMENT RELATED: No NUMBER OF HOURS: 60 SECURITIES TRADING HOURS: 60 START DATE: 07/01/2022 ADDRESS: 10425 Babcock Ave, Plato MN 55370, United States DESCRIPTION: I am the sole owner of a newly formed LLC. I will be handling approximately 200 tax returns per year. 8) MRK FINANCIAL SOLUTIONS POSITION: Subrep NATURE: I am listed as a subrep under Justin Prescott for Avantax investments. INVESTMENT RELATED: Yes NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 01/26/2023 ADDRESS: 3020 Harbor Lane North, Plymouth MN 55447, United States DESCRIPTION: I have no duties or responsibilities with this firm. 9) TRUPLAN FINANCIAL ADVISORS POSITION: Subrep NATURE: Subrep under Justin Prescott for Avantax investments. Name change from MRK Financial. INVESTMENT RELATED: Yes NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 2 START DATE: 02/17/2025 ADDRESS: 3020 Harbor Ln. No., Plymouth MN 55447, United States DESCRIPTION: Meet with clients and answer questions. 10)Medica Insurance; Insurance Sales Agent; Independent Insurance Agent; IR; 10/01/2004; 401 Carlson Parkway Minnetonka MN 55305; Health Insurance Sales
CRS (Client Relationship Summary) - RIA
Click below to view Tim Lee Schuth'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®
NoneExperience
Current
September 5, 2025 - Present
CETERA INVESTMENT ADVISERS LLC
RIA
CRD#: 105644
PLATO, MN
Current
September 5, 2025 - Present
CETERA WEALTH SERVICES, LLC
BD
CRD#: 13572
Plato, MN
Past
January 8, 2014 - September 5, 2025
AVANTAX ADVISORY SERVICES
RIA
CRD#: 104556
PLATO, MN
Past
December 20, 2000 - September 5, 2025
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
Plato, 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".
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
Arizona(9/5/2025)
RR
Minnesota(9/5/2025)
IAR
Minnesota(9/5/2025)
Exams
State Security Law Exam
General Industry/Product 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
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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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.
