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Advisors / Minnesota / Savage
25yrs

Michael Schmid

Financial advisor at Edward Jones

Based in Savage, Minnesota, Michael Schmid is a fiduciary financial advisor with 25 years of industry experience. Michael has been with Edward Jones since 2013. Michael holds the CFP® designation.

One of 25 advisors with offices in Savage, and one of 23 fiduciaries.

Savage, MN 55378CFP®Top 13% by experience at Edward JonesFiduciary advisor
Call the officeDirections

At a glance

Experience25 years (since 2002)
How that compares ?Top 13% by experience at Edward Jones
Office8766 Egan Drive, Savage, MN 55378
How the firm is paid ?Percent of assets, Flat fee, Other
Typical client at the firm ?$246,728
Advisors at the firm24,118
States licensed ?2 states

Services through Edward Jones

Financial planningInvestment management for individuals and small businessesInvestment management for businesses and institutionsRetirement plan consultingChoosing other investment managers

Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.

Designations

CFP®

Licenses

Exams passed, from the official record. Tap a license to see what it allows.

Series 63Uniform Securities Agent State Law Examination
Series 66Uniform Combined State Law Examination

Career

  1. 2013 – now
    Edward JonesCurrent firm

Questions to ask Michael

Tailored to Michael’s registration and firm.

  1. At a firm this size, will I work with you directly or with a service team?
  2. What does a financial plan with you include, and how often is it updated?
  3. If you use outside managers, how are they chosen and what do they cost on top of your fee?
  4. Where would my money be held, and will I get statements directly from that firm?
  5. What would I pay in total each year, in dollars, including fund and trading costs?

My notes and scorecard

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About Michael

How do I contact Michael?

Call Michael’s local office at (952) 445-6997 or the Edward Jones main office at (314) 515-2000, and ask for Michael Schmid.

How long has Michael been a financial advisor?

Michael has been in the industry since 2002, about 25 years. Top 13% by experience at Edward Jones.

What licenses does Michael hold?

Series 63, Series 66. Tap any license on this page to see what it allows.

Is Michael a fiduciary?

Michael is registered as an investment advisor representative, which carries a fiduciary duty when giving investment advice.

How is Michael paid?

Edward Jones reports being paid by a percentage of the assets they manage, flat or fixed fees, other fees. Ask Michael for your total yearly cost in dollars.

Official record as of October 3, 2026.

This profile is for information only and is not financial advice or a recommendation.

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