Nicholas Herb Scheumann

Employer firm

Osaic Wealth, Inc. CRD 23131

$235B regulatory AUM 56,660 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

• 02/2015 → 02/2018
  Sii Investments, Inc.
  Auburn, IN
• 02/2018 → 02/2025
  Lpl Financial Llc
  Auburn, IN
• 02/2025 → Present
  Osaic Wealth, Inc.
  Auburn, IN

Previous Registrations

• 2018-02-14 → 2025-02-11
  Lpl Financial Llc
  Auburn, IN
• 2015-02-27 → 2018-02-15
  Sii Investments, Inc.
  Auburn, IN
  Appleton, WI
• 2010-07-26 → 2015-03-03
  Hefty Wealth Partners
  Auburn, IN
• 2004-01-21 → 2010-10-07
  Lpl Financial Llc
  Auburn, IN
  Ft. Wayne, IN
  Auburn, IN

Other Businesses

1. EVER WEALTH POSITION: Financial Advisor NATURE: This is our DBA for our financial advisory practice. INVESTMENT RELATED: Yes NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 160 START DATE: 02/03/2025 ADDRESS: 1710 N Main Street, Suite B, Auburn IN 46706, United States DESCRIPTION: This is my DBA for being a financial advisor. It is simply the name of our financial practice. 2. INSURANCE AGENT POSITION: Insurance Agent NATURE: Life Insurance License and sales INVESTMENT RELATED: Yes NUMBER OF HOURS: 3 SECURITIES TRADING HOURS: 3 START DATE: 05/15/2003 ADDRESS: 1710 N Main Street, Auburn IN 46706, United States DESCRIPTION: This is an application for my life insurance license and any potential life insurance or long term care insurance I may sell through that license. 3. CITY OF AUBURN POSITION: Board of Works member NATURE: Municipality INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 2 START DATE: 01/01/2024 ADDRESS: 210 East 9th Street, Auburn IN 46706 DESCRIPTION: This is an appointed position from the Mayor of auburn. There are 3 people who are on this board. 2 appointed (that is what I am) and the Mayor. We approve items from each department but not budgets. We will make sure they have gone through the proper process and procedures for the items they are purchasing. For instance, the fire department purchased a fire truck for $2,000,000. We don't tell them where to spend that or what to buy we just make sure they followed protocols. The elected officials responsible for the actual budgeting and spending are the town council. I am not a council member nor does our work interact with theirs.

Exams

• S65 Uniform Investment Adviser Law Examination
  2004-01-08
• S63 Uniform Securities Agent State Law Examination
  2003-04-11

Other Names

• Nick Herb Scheumann