FAIRHAVEN FINANCIAL ADVISORY CORPORATION

RIASEC RegisteredEst. 2023

Total AUM

$378M

Discretionary

$358M

95% of AUM

Avg account

$350K

Accounts

1,078

Employees

Advisory reps

Firm details

Headquarters: EAST LANSING, Michigan
CRD number: 124266
Registered since: December 18, 2023
Website: fairhavenfinancial.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: Individuals52%
HNWI43.12%
Pension & Profit Sharing Plans4.88%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Fairhaven Financial Advisory Corporation is an independent, individual-owned registered investment adviser that provides wealth management and financial planning primarily to individuals and families. The firm registered with the SEC in 2023 and combines fee models including a percentage of assets under management, hourly billing, fixed fees and other arrangements. It also operates as an insurance broker and runs client-facing educational seminars and workshops. Advisory services explicitly include comprehensive financial planning, portfolio management for individuals and small businesses, and pension consulting. The firm does not position itself as a capital allocator to external private fund managers and is not identified as an active ESG investor.