AdvisorCensus / Financial advisors / Michigan / Grand Rapids / Financial Advisory Corporation
Financial Advisory Corporation is an SEC-registered investment advisory firm in Grand Rapids, MI, registered since 1989, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated February 3, 2026.
Quick answers
From the filingHow is Financial Advisory Corporation compensated?
On its Form ADV (Item 5.E, October 2026), Financial Advisory Corporation reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.
Where is Financial Advisory Corporation located?
Financial Advisory Corporation's principal office is in Grand Rapids, MI, according to its Form ADV.
Is Financial Advisory Corporation registered with the SEC or a state?
Financial Advisory Corporation is an SEC-registered investment advisory firm, registered since 1989. Status as filed: Approved. CRD 105472.
How much does Financial Advisory Corporation manage?
Financial Advisory Corporation reports $1,104,617,475 in regulatory assets under management in its Form ADV filing dated February 3, 2026 (100% discretionary).
How have Financial Advisory Corporation's assets and staff changed since 2021?
In the Form ADV data for Financial Advisory Corporation: Regulatory assets under management: $731,263,892 in the October 2021 data and $1,104,617,475 in the October 2026 data, up 51%. Total employees: 11 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Financial Advisory Corporation serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (133); individuals (other than high net worth individuals) (125); charitable organizations (14).
Which custodians does Financial Advisory Corporation use?
Financial Advisory Corporation's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Financial Advisory Corporation 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/105472
What changed in Financial Advisory Corporation's recent Form ADV filings?
In the March 2026 filing data: Regulatory assets under management went from $971,844,364 to $1,104,617,475 (+14%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AMinimum annual fee: $19,000
The brochure's wording
We do not have initial minimum account size requirements. However, as previously disclosed in item 5, Fees and Compensation, we have a minimum annual fee of $19,000.
As stated in the firm's Form ADV Part 2A brochure dated February 3, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,104,617,475 as of October 2026, filing dated February 3, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1989 (37 years)
- Employees
- Total: 14. Performing investment advisory functions: 14.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,104,617,475 | 14 | February 3, 2026 |
| October 2025 | $971,844,364 | 14 | May 21, 2025 |
| October 2024 | $913,274,779 | 14 | February 21, 2024 |
| October 2023 | $795,719,994 | 14 | March 28, 2023 |
| October 2022 | $854,332,137 | 12 | March 23, 2022 |
| October 2021 | $731,263,892 | 11 | March 29, 2021 |
Regulatory assets under management: $731,263,892 in the October 2021 data and $1,104,617,475 in the October 2026 data, up 51%.
Total employees: 11 in October 2021 and 14 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- March 2026
- Regulatory assets under management went from $971,844,364 to $1,104,617,475 (+14%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Financial Advisory Corporation (CRD 105472): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/financial-advisory-corporation-grand-rapids-mi-105472