Wealth manager, independent · Grand Rapids, MI
Financial Advisory Corporation
SEC-registered investment adviser · CRD 105472 · SEC 801-33761
At a glance
Financial Advisory Corporation is an SEC-registered investment adviser based in Grand Rapids, Michigan, with $1.1B in regulatory assets under management as of its Form ADV filed February 3, 2026. It reports 258 individual clients, 133 of them high-net-worth, holding an average of about $2.3 million each, and 14 employees. That ranks it 997th among the nation’s 5,657 independent wealth management RIAs and 28th of 178 in Michigan. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 616-235-5260facwealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #997 of 5,657
- Rank among all SEC RIAs
- #5,077 of 17,210
- Rank in Michigan
- #28 of 178
- Individual clients
- 258
- High-net-worth clients
- 133
- Accounts
- 1,162
- Discretionary
- 100% of AUM
- Employees
- 14
- Advisory staff
- 14
- Offices
- 1
Owners and executives on its Form ADV
- Loran J. FilsonChief Operations Officer, Chief Compliance Officer
- Paul G. AnthesPresident
- Joel D. Vander MeydenWealth Advisor
- Christopher M. StillWealth Advisor
Custody and brokerage
Broker-dealer
No broker-dealer ties
Financial Advisory Corporation reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 133 | $534M | 48% |
| Charitable organizations | 14 | $334M | 30% |
| Corporations or other businesses | 11 | $127M | 12% |
| Individuals | 125 | $65M | 6% |
| Pension and profit sharing plans | 10 | $45M | 4% |
Disciplinary disclosures
Financial Advisory Corporation reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗facwealth.com ↗
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The full record on Financial Advisory Corporation
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 3,296 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Michigan
All of Michigan →| Firm | Regulatory AUM | Clients |
|---|---|---|
| StraightlineTroy | $1.2B | 2,358 |
| Provident Investment Management, Inc.Novi | $1.1B | 318 |
| LVZ, Inc.Holland | $1.1B | 2,438 |
| Foguth Wealth Management, LLC.Brighton | $1.1B | 2,690 |
| Isto Advisors, LLCTroy | $1.1B | 358 |
| William Mack & Associates IncTroy | $1.0B | 952 |
Background
Questions
How much does Financial Advisory Corporation manage?
Financial Advisory Corporation reports $1.1B in regulatory assets under management across 1,162 accounts, 100% of it on a discretionary basis, on its Form ADV filed February 3, 2026.
How many clients does Financial Advisory Corporation have?
It reports 258 individual clients: 133 high-net-worth individuals and 125 other individuals. Individuals account for about 54% of its regulatory assets.
Where is Financial Advisory Corporation headquartered?
Its main office is in Grand Rapids, Michigan. It reports 1 office in total and 14 employees, 14 of whom perform investment advisory functions.
How does Financial Advisory Corporation charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Financial Advisory Corporation use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed February 3, 2026, it reports these amounts held: Charles Schwab ($974M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Financial Advisory Corporation a hybrid RIA with a broker-dealer?
Financial Advisory Corporation reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Financial Advisory Corporation a fiduciary?
As an SEC-registered investment adviser, Financial Advisory Corporation owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Financial Advisory Corporation’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-02-03), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →