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 adviser organized as an LLC and registered with the SEC in 2014. The firm serves both individual and institutional clients, offering financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, and educational workshops. Its client-fee model combines percentage-of-AUM billing with fixed-fee engagements. Midwest Capital identifies as an active ESG investor and relies primarily on public pooled products for core exposure while supplementing portfolios with externally managed alternative strategies. The firm is not set up as a dedicated capital allocator.