# Calder Financial Group

> Calder Financial Group is an SEC-registered investment advisory firm in Ada, MI, registered since 2007, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 11, 2026.

- CRD: 143973
- Filed as: CALDER FINANCIAL GROUP
- Legal name: Calder Investment Advisors
- Also doing business as: CALDER CONSULTING GROUP, TUINSTRA TAX PLANNING
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Ada, MI
- Filing period: October 2026
- Form ADV filing dated: March 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/143973
- AdvisorCensus page: https://advisorcensus.com/firm/calder-financial-group-ada-mi-143973

## Quick answers

**How is Calder Financial Group compensated?**
On its Form ADV (Item 5.E, October 2026), Calder Financial Group reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

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

**Is Calder Financial Group registered with the SEC or a state?**
Calder Financial Group is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 143973.

**How much does Calder Financial Group manage?**
Calder Financial Group reports $297,000,000 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (100% discretionary).

**How have Calder Financial Group's assets and staff changed since 2021?**
In the Form ADV data for Calder Financial Group: Regulatory assets under management: $215,000,000 in the October 2021 data and $297,000,000 in the October 2026 data, up 38%. Total employees: 7 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Calder Financial Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (463); high net worth individuals (48); pension and profit sharing plans (but not the plan participants or government pension plans) (30).

**Which custodians does Calder Financial Group use?**
Calder Financial Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Investments as a custodian holding 10% or more of its separately managed account assets.

**Does Calder 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 SEC record: https://adviserinfo.sec.gov/firm/summary/143973

**What changed in Calder Financial Group's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 4. Regulatory assets under management went from $260,700,000 to $297,000,000 (+14%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Investments

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $297,000,000
- Discretionary: $297,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 463 | $54,400,000 |
| High net worth individuals | 48 | $123,000,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 30 | $119,000,000 |
| Charitable organizations | 3 | $600,000 |

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

### Firm details
- Registered since: 2007 (19 years)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, MI, MN, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $215,000,000 | 7 | February 26, 2021 |
| October 2022 | $238,000,000 | 7 | May 24, 2022 |
| October 2023 | $230,000,000 | 8 | September 29, 2023 |
| October 2024 | $260,500,000 | 6 | March 1, 2024 |
| October 2025 | $260,700,000 | 6 | March 7, 2025 |
| October 2026 | $297,000,000 | 7 | March 11, 2026 |

Regulatory assets under management: $215,000,000 in the October 2021 data and $297,000,000 in the October 2026 data, up 38%.
Total employees: 7 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 4.
- Regulatory assets under management went from $260,700,000 to $297,000,000 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Calder Financial Group (CRD 143973): Form ADV filing data as of October 2026.