Finacial Advisory Corporation (Grand Rapids)

Finacial Advisory Corporation is a large advisory firm based in Grand Rapids. It manages $138.64 million of regulatory assets for 145 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Michigan.

Finacial Advisory Corporation provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Finacial Advisory Corporation: assets under management

The assets under management (AUM) of Finacial Advisory Corporation is $138.64 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $118.44 million in discretionary accounts and $20.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $925.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.19 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Finacial Advisory Corporation for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Finacial Advisory Corporation

Paul George Anthes has been acting as President since 1 Jul 1988. Loran Jay Filson joined the executive team most recently as the Chief Operations Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul George Anthes	President	1 Jul 1988	75% - 100%	1037884
Loran Jay Filson	Chief operations officer	1 Jul 1998	Other	1712782

Based in Grand Rapids

The principal office where Finacial Advisory Corporation performs its advisory services is located at 126 Ottawa N.W. Ste. 301, Grand Rapids, MI 49503, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.