Wealth manager, independent · Pittsburgh, PA
Schneider Downs Wealth Management Advisors, LP
SEC-registered investment adviser · CRD 128591 · SEC 801-62441
At a glance
Schneider Downs Wealth Management Advisors, LP is an SEC-registered investment adviser based in Pittsburgh, Pennsylvania, with $3.3B in regulatory assets under management as of its Form ADV filed March 24, 2026. It reports 663 individual clients, 94 of them high-net-worth, holding an average of about $2.8 million each, and 28 employees. That ranks it 322nd among the nation’s 5,657 independent wealth management RIAs and 22nd of 260 in Pennsylvania. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and American Trust Investment Services.
Main office 412-697-5200schneiderdowns.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $3.3B
- Rank among independent wealth managers
- #322 of 5,657
- Rank among all SEC RIAs
- #2,667 of 17,210
- Rank in Pennsylvania
- #22 of 260
- Individual clients
- 663
- High-net-worth clients
- 94
- Accounts
- 1,952
- Discretionary
- 64% of AUM
- Employees
- 28
- Advisory staff
- 22
- Offices
- 2
Owners and executives on its Form ADV
- Derek J. EichelbergerChief Executive Officer
- Michael A. DivensChief Compliance Officer
- Eric SurmaDirector of Finance
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It names an affiliated broker-dealer: Schneider Downs Corporate Finance, LP.
- Schneider Downs Corporate Finance, LP ↗CRD 133841
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pension and profit sharing plans | 108 | $1.3B | 38% |
| High-net-worth individuals | 94 | $1.2B | 38% |
| Individuals | 569 | $640M | 19% |
| Charitable organizations | 5 | $63M | 2% |
| Corporations or other businesses | 8 | $57M | 2% |
| State or municipal government entities | 2 | $32M | <1% |
Disciplinary disclosures
Schneider Downs Wealth Management Advisors, LP answers yes to 3 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗schneiderdowns.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 1,231 peers of its type and size
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- 3 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Pennsylvania
All of Pennsylvania →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Bryn Mawr Trust Advisors, LLCPhiladelphia | $3.5B | 1,335 |
| Kathmere Capital Management, LLCWayne | $3.5B | 750 |
| Wedmont Private CapitalWest Chester | $3.4B | 496 |
| Blbb AdvisorsMontgomeryville | $3.3B | 1,520 |
| Roffman Miller Associates IncPhiladelphia | $3.2B | 1,598 |
| Girard Advisory Services, LLCKing of Prussia | $3.2B | 2,350 |
Background
Questions
How much does Schneider Downs Wealth Management Advisors, LP manage?
Schneider Downs Wealth Management Advisors, LP reports $3.3B in regulatory assets under management across 1,952 accounts, 64% of it on a discretionary basis, on its Form ADV filed March 24, 2026.
How many clients does Schneider Downs Wealth Management Advisors, LP have?
It reports 663 individual clients: 94 high-net-worth individuals and 569 other individuals. Individuals account for about 57% of its regulatory assets.
Where is Schneider Downs Wealth Management Advisors, LP headquartered?
Its main office is in Pittsburgh, Pennsylvania. It reports 2 offices in total and 28 employees, 22 of whom perform investment advisory functions.
How does Schneider Downs Wealth Management Advisors, LP charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Schneider Downs Wealth Management Advisors, LP use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and American Trust Investment Services. On Schedule D of its Form ADV filed March 24, 2026, it reports these amounts held: Charles Schwab ($1.9B); American Trust Investment Services ($1.1B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Schneider Downs Wealth Management Advisors, LP a hybrid RIA with a broker-dealer?
It names an affiliated broker-dealer: Schneider Downs Corporate Finance, LP.
Is Schneider Downs Wealth Management Advisors, LP a fiduciary?
As an SEC-registered investment adviser, Schneider Downs Wealth Management Advisors, LP owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Schneider Downs Wealth Management Advisors, LP’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →