Andrew Schmitt

Managing Member, Adviser

Andy, originally from Fairport, New York, earned a Bachelor of Science in Business Administration with a major in Finance from University of Dayton.

Post graduation he worked with the Chief Economist at a leading yellow pages company and in the finance department at a regional computer networking company.

In 1992 he and his family moved to Cincinnati to join a large national broker-dealer and start his career in personal finance. After fifteen years at the national firm, and seeking a more personal culture for his clients, Andy moved to a regional broker-dealer to continue for another eight years before founding Schmitt Wealth Advisers, LLC.

Over the past 28 years, Andy has specialized in financial planning and portfolio management (wealth management) for individuals and families. His focus on serving individuals and families is a key inspiration for establishing a Registered Investment Adviser (RIA) for current and future clients (see link to; The Benefits of Working with a Registered Investment Advisor).

Andy and his wife and their children live in Cincinnati.  In his spare time he enjoys golf, tennis, music, and travel.

Recent Posts by Andrew Schmitt

  • Investing & Recessions

    Our Outlook

    The problem with recessions is that earnings decline, and P/E multiples decline both at the same time. When these two metrics decline at about the same time, a significant market decline (drawdown) typically occurs. In the post WWII era, the worst drawdown occurred between December 2007 and June 2009 when the S&P 500 declined -57%. […]

  • Recession Signal?

    Our Outlook

    Over the past several decades, one of the most reliable economic indicators has been the shape of the US Treasury yield curve.  The yield curve is simply a graph of current yields on treasury bonds from the three-month T-Bill to the 30-year treasury bond. The normal shape of the yield curve from left to right […]