Kyle Schmit

Kyle Schmit is a Minneapolis-based Director at BlackRock, where he is responsible for investment sales to defined-contribution (DC) retirement clients across Minnesota, Colorado, North Dakota, South Dakota, Iowa, and Nebraska. He is a CFA charterholder.

He joined BlackRock in October 2016. That move coincided with the acquisition of his prior firm, Jeffrey Slocum & Associates, Inc. — a Minneapolis-based institutional investment advisor — by Pavilion Financial Corporation (which closed in 2016; Pavilion was itself later acquired by Mercer in 2018). At Slocum, Schmit spent roughly 12 years (approximately 2004–2016) as a Senior Consultant, advising several multi-billion-dollar institutional clients with a particular focus on defined contribution plans.

Schmit began his investment career at The Northern Trust Company in Chicago, where he spent about five years as an Analyst in Investment Risk & Analytical Services. On the education side, he earned a B.A. from the University of Wisconsin–Madison and an M.B.A. (with distinction) from DePaul University's Kellstadt Graduate School of Business, with a concentration in finance.

• Focus area is institutional defined-contribution (401(k)/retirement) plans, not private-company equity. His role is consultative/sales-oriented rather than deploying discretionary check-writing capital into startups.
• At Slocum he advised multi-billion-dollar institutional clients on DC plan design and investment lineups; at BlackRock he brings BlackRock's DC investment solutions (target-date, index, and related strategies) to institutional plan sponsors and advisors in his territory.
• Domain expertise centers on retirement plan investment structure, manager/product selection, and fiduciary-grade institutional advice.