# 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.

- CRD: 105472
- Filed as: FINANCIAL ADVISORY CORPORATION
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Grand Rapids, MI
- Filing period: October 2026
- Form ADV filing dated: February 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105472
- AdvisorCensus page: https://advisorcensus.com/firm/financial-advisory-corporation-grand-rapids-mi-105472

## Quick answers

**How 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

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

### Fees and minimums (Form ADV Part 2A brochure dated February 3, 2026)

- Minimum annual fee: $19,000

> 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 brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $1,104,617,475
- Discretionary: $1,104,617,475
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 125 | $64,512,026 |
| High net worth individuals | 133 | $533,854,890 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $44,835,715 |
| Charitable organizations | 14 | $334,220,483 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 11 | $127,194,361 |
| Other | 0 | $0 |

### 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

### Firm details
- Registered since: 1989 (37 years)
- Employees: 14 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, MI, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- facwealth.com
- Facebook @FACwealth
- LinkedIn @2113413

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $731,263,892 | 11 | March 29, 2021 |
| October 2022 | $854,332,137 | 12 | March 23, 2022 |
| October 2023 | $795,719,994 | 14 | March 28, 2023 |
| October 2024 | $913,274,779 | 14 | February 21, 2024 |
| October 2025 | $971,844,364 | 14 | May 21, 2025 |
| October 2026 | $1,104,617,475 | 14 | February 3, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $971,844,364 to $1,104,617,475 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Financial Advisory Corporation (CRD 105472): Form ADV filing data as of October 2026.