WEST MICHIGAN ADVISORS

RIASEC RegisteredEst. 2021
Total AUM
$781M
Discretionary
$781M
100% of AUM
Avg account
$261K
Accounts
2,993
Employees
23
Advisory reps
18

Firm details

Headquarters
HOLLAND, Michigan
CRD number
312073
Registered since
January 21, 2021
Custodians
CHARLES SCHWAB & CO., INC., RAYMOND JAMES & ASSOCIATES, INC.
Fee structure
Percentage of AUM, Hourly Charges, Subscription Fees, Fixed Fees
Client types
  • HNWI63.93%
  • Individuals35.63%
  • Charitable Organizations0.44%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersPublication of Periodicals

Firm profile

FINTRX

Overview

West Michigan Advisors LLC is an independent, SEC-registered investment adviser formed in 2021. The firm serves predominantly individual and family clients and identifies itself as a capital allocator, using third-party managers as part of its investment approach. Its business mix includes traditional advisory work—financial planning, portfolio management for individuals and small businesses, selection of other advisers, and pension consulting services—alongside insurance brokerage activities. The firm also produces written market commentary or periodicals. Fee arrangements are flexible and include percentage-of-assets, hourly, subscription and fixed-fee models. West Michigan Advisors does not identify as an active ESG investor and is not designated as a multi-state adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 60%, Public Funds/Mutual Funds 23%, Cash & Cash Equivalents 10%, US Government Bonds 4%, State & Local Bonds 1%, Investment Grade Corp Bonds 1%, Other 1%60%
  • Exchange Traded Equities60%
  • Public Funds/Mutual Funds23%
  • Cash & Cash Equivalents10%
  • US Government Bonds4%
  • State & Local Bonds1%

Owners & executives

3 of 3
  • Lonny Elfenbein

    Chief Compliance OfficerCRD 2937038

  • RYAN GORMAN

    Chief Investment OfficerCRD 6093708

  • AARON CLARK

    Partner, Financial Advisor, CEOCRD 5346975

Contacts

3 of 15
  • Samuel Sikkel

    Client Service AssociateCRD 7748975

  • BRENT RHOADS

    Risk Management SpecialistCRD 2947147

  • CALEB SCHOON

    Associate, Financial AdvisorCRD 7352483

Unlock 12 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 115

Active vs passive

$139M in ETFs

Passive

53%

$73.2M

Active

47%

$66.2M

ETFProviderStyleCategoryValueShares% of portfolio
AMPLIFY CWP ENHANCED DIVIDEND INCOME ETF (DIVO)Amplify InvestmentsActiveDerivative Income$15.2M339,02110.91%

Location

Primary office

HOLLAND, MI

OTTAWA

Location

HOLLAND, MI

Headquartered in HOLLAND, MI, anchoring the Grand Rapids-Kentwood-Muskegon, MI metro in the Midwest.

Metro area
Grand Rapids-Kentwood-Muskegon, MI
Region
Midwest
County
OTTAWA
Address
301 Hoover Blvd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth