# Arrow Financial Group

> Arrow Financial Group is a state-registered investment advisory firm in Farmington Hills, MI, registered since 2004, reporting under $25 million in regulatory assets under management in its Form ADV filing dated May 1, 2023.

- CRD: 119423
- Filed as: ARROW FINANCIAL GROUP
- Legal name: Arrow Investment Management, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Farmington Hills, MI
- Filing period: October 2026
- Form ADV filing dated: May 1, 2023
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/119423
- AdvisorCensus page: https://advisorcensus.com/firm/arrow-financial-group-farmington-hills-mi-119423

## Quick answers

**How is Arrow Financial Group compensated?**
On its Form ADV (Item 5.E, October 2026), Arrow Financial Group reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Arrow Financial Group located?**
Arrow Financial Group's principal office is in Farmington Hills, MI, according to its Form ADV.

**Is Arrow Financial Group registered with the SEC or a state?**
Arrow Financial Group is a state-registered investment advisory firm, registered since 2004. Status as filed: APPROVED. CRD 119423.

**How much does Arrow Financial Group manage?**
Arrow Financial Group reports $22,000,000 in regulatory assets under management in its Form ADV filing dated May 1, 2023 (100% discretionary).

**What types of clients does Arrow Financial Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (25).

**Does Arrow Financial Group report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/119423

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $22,000,000
- Discretionary: $22,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 25 | $22,000,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2004 (22 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: MI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- arrowfg.com

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Arrow Financial Group (CRD 119423): Form ADV filing data as of October 2026.