Theodore C. Schumann

DBS INVESTMENT ADVISERS

BAY CITY, MI 48706

Some features on this profile are disabled

CRD#: 5103648

Professional summary

Theodore Christopher Schumann II, CFP®, who also goes by Ted Schumann II, is a registered financial advisor currently at DBS INVESTMENT ADVISERS, LLC located in Bay City, Michigan.

Theodore is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2021. Theodore has worked at 2 firms and has passed the Series 65 exam.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Ted Schumann Ii

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.

DBS Professional Practice Brokers, LLC; Owner - licensed real estate brokerage firm; investment-related; approx.. 3% of professional time.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Theodore Christopher Schumann II'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

Experience

Current

July 2, 2010 - Present

DBS INVESTMENT ADVISERS, LLC

Office #1: 6006 Westside Saginaw Road, Bay City, MI 48706

RIA

CRD#: 123283

BAY CITY, MI

Past

June 30, 2021 - January 2, 2024

ACT TWO FINANCIAL ADVISORS, LLC

RIA

CRD#: 222513

BAY CITY, MI

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".

DBS INVESTMENT ADVISERS, LLC

ACT TWO FINANCIAL ADVISORS | DBS INVESTMENT ADVISERS, LLC

CRD#: 123283 / SEC#: 801-116815

RIA

Registered Investment Advisory firm - (6/21/2019 Approved)

Michigan

Registered Investment Advisory firm - (6/28/2019 Terminated)

Ohio

Registered Investment Advisory firm - (6/27/2019 Terminated)

West Virginia

Registered Investment Advisory firm - (12/31/2014 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.

Highlighted states indicate IAR registrations

IAR

Michigan
(7/2/2010)

IAR

Texas
(10/7/2021)

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

IAR

Series 65

Date: 6/18/2010

Uniform Investment Adviser Law Examination

Current Firm

DBS INVESTMENT ADVISERS, LLC

ACT TWO FINANCIAL ADVISORS | DBS INVESTMENT ADVISERS, LLC

CRD#: 123283 / SEC#: 801-116815

RIA

Registered Investment Advisory firm - (6/21/2019 Approved)

Michigan

Registered Investment Advisory firm - (6/28/2019 Terminated)

Ohio

Registered Investment Advisory firm - (6/27/2019 Terminated)

West Virginia

Registered Investment Advisory firm - (12/31/2014 Terminated)

Upgrade to AdvisorCheck Premium

Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.

Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.

See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address

1484 Straits Drive Suite 6, Bay City, MI 48706

Mailing Address

Po Box 280, Bay City, MI 48707

Phone number

(800) 327-2377

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (6 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

DBS INVESTMENT ADVISERS, LLC ADV BROCHURE (10/1/2025)

Regulatory assets under management

Total Number of Accounts	946
AUM (Assets Under Management)	$ 244,511,904

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.

Similar Advisors

Anthony Macagna

STRATEGIC ADVISERS LLC

IAR

RIDGEWOOD, NJ

Jack Jerzewski

LPL ENTERPRISE, LLC

IAR

TROY, MI

Kyle Fukuchi

OSAIC WEALTH, INC.

IAR

Farmington, UT

Why Advisor Check

We're Here To Help

Advisor Monitoring

Firm Stability Insights

Theodore C. Schumann

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Theodore Christopher Schumann II's CRS (Customer Relationship Summary).

Certified licenses

Experience

DBS INVESTMENT ADVISERS, LLC

ACT TWO FINANCIAL ADVISORS, LLC

Primary Firm SEC Registration

DBS INVESTMENT ADVISERS, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 6/18/2010

Current Firm

DBS INVESTMENT ADVISERS, LLC

Contact information

SEC notice filing (6 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

DBS INVESTMENT ADVISERS, LLC

TRUST BUT VERIFY

Similar Advisors