Frank C. Schultz

MIDLAND WEALTH MANAGEMENT

Effingham, IL 62401

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CRD#: 6906157

Professional summary

Frank Christopher Schultz, CFP® is a registered financial advisor currently at MIDLAND WEALTH MANAGEMENT located in Effingham, Illinois.

Frank is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2018. Frank has worked at 2 firms and has passed the Series 65 exam.

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) GINGER ALE'S; NON-INVESTMENT RELATED; 612 N WEST ST., OLNEY, IL. 62450; ADVISORY BOARD MEMBER; 12/31/2022; 2 HOURS PER MONTH; SERVES ON BOARD 2) SHC-CE LLC; INVESTMENT-RELATED; 502 BENT TREE DR., EFFINGHAM, IL. 62401; 25% OWNER; 12/31/2021; 1 HOUR PER MONTH; PASSIVE INVESTOR

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Frank Christopher Schultz'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: 2018

Experience

Current

August 18, 2023 - Present

MIDLAND WEALTH MANAGEMENT

Office #1: 1201 Network Centre Drive, Effingham, IL 62401

RIA

CRD#: 324997

Effingham, IL

Past

March 5, 2018 - October 29, 2021

MIDLAND FINANCIAL ADVISORS, INC.

RIA

CRD#: 149499

Effingham, IL

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".

MIDLAND WEALTH MANAGEMENT

MIDLAND WEALTH ADVISORS, LLC | MIDLAND WEALTH MANAGEMENT

CRD#: 324997 / SEC#: 801-127578

RIA

Registered Investment Advisory firm - (8/16/2023 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

Illinois
(8/18/2023)

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

IAR

Series 65

Date: 3/5/2018

Uniform Investment Adviser Law Examination

Current Firm

MIDLAND WEALTH MANAGEMENT

MIDLAND WEALTH ADVISORS, LLC | MIDLAND WEALTH MANAGEMENT

CRD#: 324997 / SEC#: 801-127578

RIA

Registered Investment Advisory firm - (8/16/2023 Approved)

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Contact information

Main Address

1201 Network Centre Drive, Effingham, IL 62401

Mailing Address

Phone number

(312) 660-6516

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (4 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

MIDLAND WEALTH ADVISORS DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS (6/24/2025)

Regulatory assets under management

Total Number of Accounts	4,290
AUM (Assets Under Management)	$ 2,931,513,136

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
10/16/2025	Cover Page	Report
02/07/2025	Cover Page	Report
04/26/2024	Cover Page	Report

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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Frank C. Schultz

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Frank Christopher Schultz's CRS (Customer Relationship Summary).

Certified licenses

Experience

MIDLAND WEALTH MANAGEMENT

MIDLAND FINANCIAL ADVISORS, INC.

Primary Firm SEC Registration

MIDLAND WEALTH MANAGEMENT

State Registrations and Notice Filings

Exams

Series 65

Date: 3/5/2018

Current Firm

MIDLAND WEALTH MANAGEMENT

Contact information

SEC notice filing (4 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

MIDLAND WEALTH MANAGEMENT

TRUST BUT VERIFY

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