Midwest Capital Advisors, LLC

RIASEC RegisteredEst. 2014

Total AUM

$1.4B

Discretionary

$1.1B

82% of AUM

Avg account

$1.4M

Accounts

971

Employees

Advisory reps

Firm details

Headquarters: Grand Rapids, Michigan
CRD number: 125389
Registered since: May 2, 2014
Website: midwestcap.com
Custodians: GREAT-WEST TRUST COMPANY, CHARLES SCHWAB & CO., INC., ALERUS SECURITIES CORPORATION, BROADRIDGE BUSINESS PROCESS OUTSOURCING, LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: Pension & Profit Sharing Plans61.68%
HNWI21.46%
State / Municipal Government11.44%
Individuals4.12%
Corporations / Businesses0.92%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Midwest Capital Advisors, LLC is an independent registered investment advisor formed in 2014 and owned by an individual. The firm serves both high-net-worth individuals and family clients as well as institutional accounts. Its advisory services include financial planning, discretionary portfolio management for individuals, small businesses and institutions, pension consulting, and educational seminars. Fee arrangements combine percentage-of-AUM billing with fixed-fee engagements. The firm describes itself as an active ESG investor, indicating environmental, social and governance considerations are incorporated into its investment process.