Tomie T Schmidt, CFP®
Senior Vice President,
Financial Advisor,
Portfolio Management Director
Direct:
(360) 992-7990(360) 992-7990
Toll-Free:
(800) 755-2516(800) 755-2516
My Mission Statement
Deep market knowledge, comprehensive planning and a commitment to finding the best solutions to match your needs.
About Me
As a Certified Financial Planner™ (CFP®), I help ensure that every financial decision you make can support the highest probability of achieving your goals. My comprehensive and customized financial plans are designed to shift with the changing circumstances of your life and provide you with a realistic and attainable roadmap to help you accomplish your priorities and realize your dreams.
My clients actively engage with me in the planning process. We begin by looking at the big picture of your economic situation, including your current priorities and ideal future. Then I map out different financial scenarios, each demonstrating the statistical chance of success. I make sure to stress test the final version – to incorporate the “what ifs” of a possible recession, death of a partner, reduction of pension or social security and other considerations – in order to build a personalized financial plan with the highest likelihood of successfully matching your envisioned future.
Helping achieve financial equilibrium, particularly as you accumulate wealth and responsibilities, takes significant time and energy. It is important to me that you feel confident and comfortable with your decisions around finances and investments. I take a collaborative, transparent and holistic approach to every issue we tackle and spend an incredible amount of time considering which financial choices can make a significant difference in your life. I am also intrigued by people’s behavior around financial decisions and am a student of behavioral finance.
I am a Pacific Northwest native. I grew up in Portland as the oldest of seven children and attended Linfield College in McMinnville, Oregon. In college, I held a national ranking in speech and debate competitions. It taught me how to prepare thoroughly, consider an issue from multiple angles and make a plan with a goal in mind. After graduating with double degrees in finance and speech communications, I moved to Denver, Colorado to work for a private financial firm that provided services to credit unions. My husband, Mark, and I returned to the Pacific Northwest in 2002, where I became a Financial Advisor with Solomon Smith Barney (a Morgan Stanley predecessor firm), eventually joining Ken Mogseth and Chase Wanamaker. I earned an executive certificate in financial planning from the University of Portland and received my CFP® designation in 2005.
Outside of work, my husband and I are raising our two children in the Vancouver-Portland area. Our family loves to ski, play games, watch movies and spend time with friends. I am a voracious audio book reader, I love to bake and I enjoy the paper arts.
My clients actively engage with me in the planning process. We begin by looking at the big picture of your economic situation, including your current priorities and ideal future. Then I map out different financial scenarios, each demonstrating the statistical chance of success. I make sure to stress test the final version – to incorporate the “what ifs” of a possible recession, death of a partner, reduction of pension or social security and other considerations – in order to build a personalized financial plan with the highest likelihood of successfully matching your envisioned future.
Helping achieve financial equilibrium, particularly as you accumulate wealth and responsibilities, takes significant time and energy. It is important to me that you feel confident and comfortable with your decisions around finances and investments. I take a collaborative, transparent and holistic approach to every issue we tackle and spend an incredible amount of time considering which financial choices can make a significant difference in your life. I am also intrigued by people’s behavior around financial decisions and am a student of behavioral finance.
I am a Pacific Northwest native. I grew up in Portland as the oldest of seven children and attended Linfield College in McMinnville, Oregon. In college, I held a national ranking in speech and debate competitions. It taught me how to prepare thoroughly, consider an issue from multiple angles and make a plan with a goal in mind. After graduating with double degrees in finance and speech communications, I moved to Denver, Colorado to work for a private financial firm that provided services to credit unions. My husband, Mark, and I returned to the Pacific Northwest in 2002, where I became a Financial Advisor with Solomon Smith Barney (a Morgan Stanley predecessor firm), eventually joining Ken Mogseth and Chase Wanamaker. I earned an executive certificate in financial planning from the University of Portland and received my CFP® designation in 2005.
Outside of work, my husband and I are raising our two children in the Vancouver-Portland area. Our family loves to ski, play games, watch movies and spend time with friends. I am a voracious audio book reader, I love to bake and I enjoy the paper arts.
Securities Agent: GA, PA, MT, CO, CT, OK, TX, NY, MN, MI, IL, AZ, SC, NJ, NC, LA, ID, WY, IA, FL, CA, NM, WI, WA, VA, NV, IN, HI, AK, OR, OH, MO, MD; General Securities Representative; Investment Advisor Representative
NMLS#: 1288295
NMLS#: 1288295
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Credentials and experience really do matter. They demonstrate our deep level of knowledge, advanced training and commitment to finding the best possible solutions to match your needs.
Certified Financial Planner™ (CFP®)
CFP®s create personalized strategies incorporating sophisticated financial planning, tax, estate and trust planning strategies, risk management contingencies, and long-term income and retirement solutions.
Senior Portfolio Management Director
Portfolio Management Directors have a track record of managing discretionary money using disciplined processes and are able to employ more sophisticated strategies for your investment portfolio.
Four Decades of Experience
Our combined years of experience represent knowledge gained not only from our commitment to advanced learning, but through the lived experience of many different market cycles and conditions.
The solutions we provide you are designed to help you get to where you want to go. Like a car’s navigational system, your financial planning map provides a reliable turn-by-turn route that aims to steer safely around unexpected roadblocks and provide you with the surest path to your destination.
Like most people, your destination is probably a long, comfortable retirement, with no compromise in lifestyle and no real concern of ever running out of money. It may also be the ability to offer meaningful financial assistance in the financial lives of your children and/or grandchildren, either during your lifetime, in the form of legacies, or both. Or, the transfer of a family business to the next generation. And, don’t forget about those meaningful contributions to a much-loved school, church, charity, museum or other organizations.
We draw on our more than four decades of financial planning experience, as well as Tomie Schmidt’s Certified Financial Planner™ (CFP®) credentials and strong commitment to building comprehensive, custom plans, to provide you with an unusually strong and deep set of planning strategies and knowledge. We pay attention to what drives you, both in terms of your immediate financial concerns and challenges, as well as your non-financial longer-term goals and passions. Because, at the end of the day, money is just a means to an end; it is useful because of what it can provide for you. And that is your ultimate destination.
Like most people, your destination is probably a long, comfortable retirement, with no compromise in lifestyle and no real concern of ever running out of money. It may also be the ability to offer meaningful financial assistance in the financial lives of your children and/or grandchildren, either during your lifetime, in the form of legacies, or both. Or, the transfer of a family business to the next generation. And, don’t forget about those meaningful contributions to a much-loved school, church, charity, museum or other organizations.
We draw on our more than four decades of financial planning experience, as well as Tomie Schmidt’s Certified Financial Planner™ (CFP®) credentials and strong commitment to building comprehensive, custom plans, to provide you with an unusually strong and deep set of planning strategies and knowledge. We pay attention to what drives you, both in terms of your immediate financial concerns and challenges, as well as your non-financial longer-term goals and passions. Because, at the end of the day, money is just a means to an end; it is useful because of what it can provide for you. And that is your ultimate destination.
If you were asked to identify the most difficult aspect of successful investing, you would probably agree that it’s knowing when – rather than what – to buy and sell. We agree. That’s why our approach to portfolio management uses a proprietary blend of economic indicators to dynamically position your investment portfolio in an effort to weather and profit from what lies ahead.
This approach is different than traditional, more passive buy-and-hold portfolio strategies that may remain static despite changing economic conditions. Over the past three decades, we have developed a proprietary blend of 26 Recession Risk Indicators to help identify the probability of a recession within the next 6 to 12 months. When those indicators increase to a certain level, we make portfolio adjustments seeking to mitigate or capitalize upon the impact. Given that the Standard & Poor's 500 Composite Stock Price Index has averaged declines of more than 43.3% during the last 12 drawdowns in the past 91 years* (defined as declines of 25% or greater from the peak), we believe an understanding of and active engagement with this issue is critical for strategic and tactical portfolio management.
Our disciplined, custom portfolio models are designed to match your risk tolerance as well as help meet your needs and goals. Ken Mogseth, CPM®, directs our team’s portfolio management models. As a Certified Portfolio Manager (CPM®) and a Morgan Stanley designated Portfolio Management Director, he is one of few financial advisors who have been qualified by Morgan Stanley to independently manage client assets. Ken’s deep level of economic understanding is achieved through his tremendous dedication to independent economic research and analysis.
* Source: FactSet, Bloomberg, Morgan Stanley Wealth Management GIC. Returns prior to 1988 are price only and subsequent returns are total returns.
This approach is different than traditional, more passive buy-and-hold portfolio strategies that may remain static despite changing economic conditions. Over the past three decades, we have developed a proprietary blend of 26 Recession Risk Indicators to help identify the probability of a recession within the next 6 to 12 months. When those indicators increase to a certain level, we make portfolio adjustments seeking to mitigate or capitalize upon the impact. Given that the Standard & Poor's 500 Composite Stock Price Index has averaged declines of more than 43.3% during the last 12 drawdowns in the past 91 years* (defined as declines of 25% or greater from the peak), we believe an understanding of and active engagement with this issue is critical for strategic and tactical portfolio management.
Our disciplined, custom portfolio models are designed to match your risk tolerance as well as help meet your needs and goals. Ken Mogseth, CPM®, directs our team’s portfolio management models. As a Certified Portfolio Manager (CPM®) and a Morgan Stanley designated Portfolio Management Director, he is one of few financial advisors who have been qualified by Morgan Stanley to independently manage client assets. Ken’s deep level of economic understanding is achieved through his tremendous dedication to independent economic research and analysis.
* Source: FactSet, Bloomberg, Morgan Stanley Wealth Management GIC. Returns prior to 1988 are price only and subsequent returns are total returns.
We believe that you deserve to receive exceptional service while getting our very best investment counsel. When we talk together, we aim to get to the heart of what’s truly important in your life. We focus on the well-being of your entire life – your family, your business concerns, your health and your passions – knowing that every decision we make together will impact many people.
We also pay attention to and help you simplify the minutiae of your financial life. We have solutions for the daily challenges of bill paying, spending and budgeting, while keeping an eye on ways to help minimize taxes, maximize charitable giving and preserve your assets for future generations.
We serve clients around the country from our home in the Pacific Northwest. We grew up here, we have established our careers here and we are raising our families here. We are proud volunteers of organizations and cultural activities that contribute to our community’s vibrancy and vitality.
We also pay attention to and help you simplify the minutiae of your financial life. We have solutions for the daily challenges of bill paying, spending and budgeting, while keeping an eye on ways to help minimize taxes, maximize charitable giving and preserve your assets for future generations.
We serve clients around the country from our home in the Pacific Northwest. We grew up here, we have established our careers here and we are raising our families here. We are proud volunteers of organizations and cultural activities that contribute to our community’s vibrancy and vitality.
Location
1701 SE Columbia River Dr
Ste 120
Vancouver, WA 98661
US
Direct:
(360) 992-7990(360) 992-7990
Toll-Free:
(800) 755-2516(800) 755-2516
Fax:
(360) 992-7999(360) 992-7999
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
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Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Ready to start a conversation? Contact Tomie T Schmidt today.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
1Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
1Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
