Tim Lee Schuth

Employer firm

Cetera Investment Advisers LLC CRD 105644

$257B regulatory AUM 24,019 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Portfolio management (institutions)
• Pension consulting
• Selection of other advisers
• Educational seminars

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 10/2000 → 09/2025
  Avantax Investment Services, Inc.
  Glencoe, MN
• 09/1994 → 07/2020
  Schad, Lindstrand, & Co.
  Glencoe, MN
• 03/2006 → 09/2025
  Avantax Advisory Services
  Glencoe, MN
• 10/2015 → 09/2025
  Avantax Insurance Services, Llc
  Glencoe, MN
• 10/2003 → 08/2022
  Sls Inc
  Glencoe, MN
• 02/2025 → Present
  Truplan Financial Advisors
  Plymouth, MN
• 09/2025 → Present
  Cetera Wealth Services, Llc
  Plato, MN
• 09/2025 → Present
  Cetera Investment Advisers Llc
  Schaumburg, IL

Previous Registrations

• 2014-01-08 → 2025-09-05
  Avantax Advisory Services
  Plato, MN

Other Businesses

1) The Lutheran Home Association~'NIR'~337 South Meridan St~Belle Plaine~MN~56011~Club/Association Director/Officer~Treasurer/Comptroller~5/5/2014~2hrs~2hrs~I serve on the Board of Trustees. The company is a non profit that owns and manages nursing and assisted living homes. Being treasurer is more of a title. I do not sign checks or manage their books. 2) Glencoe Chamber of Commerce CEO's~'NIR'~1107 11th St E~Glencoe~MN~55336~Nonprofit~Director/Officer~9/13/2016~2hrs~0hrs~Volunteer position for the Chamber of commerce helping organize events in the town. 3) Stevens Seminary~'NIR'~1017 Hennepin Ave N~Glencoe~MN~55336~Club/Association Director/Officer~Director/Officer~4/10/2014~1hrs~1hrs~Volunteer on the Board. They donate money to scholarships and the local school district. 4) The Lutheran Home Association Investment Committee~'NIR'~337 South Meridan Street~Belle Plaine~MN~56011~No Outside Business Activities - Investments Only~Director/Officer~1/15/2013~1hrs~1hrs~Help the committee with investment decisions for the Lutheran Home Board of Directors. 5) Precious Little Blessings~'NIR'~1304 Fir Ave N~Glencoe~MN~55336~Nonprofit~Director/Officer~9/7/2015~10hrs~5hrs~Help with the activities and decisions of the church run daycare/preschool. 6) St John's Ev Lutheran Church~'NIR'~4505 80th St~Glencoe~MN~55336~Board Position/Officer~Other~1/1/2020~4hrs~0hrs~I am the Vice President. I attend monthly meeting, help setup communion and take the minutes of the meetings. 7) SCHUTH TAX SERVICES LLC POSITION: LLC Owner NATURE: Tax Services INVESTMENT RELATED: No NUMBER OF HOURS: 60 SECURITIES TRADING HOURS: 60 START DATE: 07/01/2022 ADDRESS: 10425 Babcock Ave, Plato MN 55370, United States DESCRIPTION: I am the sole owner of a newly formed LLC. I will be handling approximately 200 tax returns per year. 8) MRK FINANCIAL SOLUTIONS POSITION: Subrep NATURE: I am listed as a subrep under Justin Prescott for Avantax investments. INVESTMENT RELATED: Yes NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 01/26/2023 ADDRESS: 3020 Harbor Lane North, Plymouth MN 55447, United States DESCRIPTION: I have no duties or responsibilities with this firm. 9) TRUPLAN FINANCIAL ADVISORS POSITION: Subrep NATURE: Subrep under Justin Prescott for Avantax investments. Name change from MRK Financial. INVESTMENT RELATED: Yes NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 2 START DATE: 02/17/2025 ADDRESS: 3020 Harbor Ln. No., Plymouth MN 55447, United States DESCRIPTION: Meet with clients and answer questions. 10)Medica Insurance; Insurance Sales Agent; Independent Insurance Agent; IR; 10/01/2004; 401 Carlson Parkway Minnetonka MN 55305; Health Insurance Sales

Exams

• S63 Uniform Securities Agent State Law Examination
  2001-06-04