The 24 Karat Club

Mel Schmidt

LFS Consultants

8504 Dunsmere Dr., Austin, TX 78749


Mel Schmidt is the COO of LFS Consultants, a retail consulting firm, an affiliate of Don Conkey & Sons, specializing in helping jewelers through transition, He has worked with countless numbers of retail jewelers on a limitless variety of business challenges. His work has focused on financial turnaround, business transitions, sales of stores, promotional sales, bankruptcies, liquidations, and going out of business activities. As well he has worked with financial institutions, doing appraisals, business evaluations, assisting with asset recovery and liquidations. Mel’s Hobbies include Snow Skiing, Golf, Hiking, Biking, Guitar, and Charity work.