Donald Schellhammer, AIF®, has been affiliated with North Compass Financial Advisors LLC since 1990. Mr Schellhammer began his financial services career in 1983 as a life insurance agent and became a Registered Representative in 1984 and was affiliated with First American National Securities. Don’s initial market was and remains middle and upper-middle-class families. These families and individuals, in many cases, were underserved with respect to knowledge of the insurance and investments products they had in place. As a result of his work, families were more suitably protected from catastrophic loss of income. Additionally, future retirement outcomes were enhanced by increased retirement contributions and asset reallocation.
Don affiliated North Compass Financial Advisors LLC in 1990. In his new capacity of Investment Advisor, Don was able to fully transition to fee-only investment services. This compensation model is considered by many as being more in the client’s interest and minimizes potential conflict of interest.
The fiduciary model embraced by North Compass Financial Advisors led Don to earn the Accredited Investment Fiduciary designation in 2008 from the Center For Fiduciary Studies in association with the Center for Executive Education, Joseph M. Katz Graduate School of Business, University of Pittsburgh. Don subsequently added the Professional Plan ConsultantTM designation in 2009. Mr Schellhammer consults with business owners on corporate Qualified Plans. These responsibilities include plan selection and reviews investment selection and monitoring, and participant education. Additionally, Don serves as a contributing member of the North Compass Financial Advisors Investment Committee. This work includes due diligence, model portfolio development, investment selection and monitoring.