Midwest Capital Advisors, LLC

RIASEC Registered

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 operates as an independent registered investment adviser; it has been registered with the SEC since 2014. The firm is owned by an individual principal and serves a mix of individual and family clients alongside institutional relationships. Its advisory services include financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, and educational seminars and workshops. Compensation is a combination of percentage-of-assets-under-management and fixed fees. Midwest Capital Advisors identifies as an active ESG investor and does not act as a capital allocator for proprietary alternative funds.