Firm
Ferris Financial Services
Midland, Michigan
Fee-only
Ferris Financial Services at a glance
- One of 237 fee-only firms based in Michigan in the Wellspent graph.
- 1 advisor is listed here, who holds the CFA.
- Its Form ADV reports 1 employee and 38 individual clients, 4 of them high net worth.
- Its average account is about $223,000 (assets it manages divided by its 143 accounts).
Fee-only advisors in Michigan · What fee-only advisors charge in Michigan
Facts
| Based in | Midland, Michigan |
|---|---|
| Phone | (989) 996-0401 |
Ferris Financial Services fees
Ferris Financial Services doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Fixed fees |
|---|---|
| Assets managed | $32 million |
| Individual clients | 34 |
| High-net-worth clients | 4 |
| Accounts managed | 143 |
| Employees | 1 |
| Planning clients | 26-50 |
| Financial planning | Offered |
| Form ADV filed | September 28, 2026 |
| SEC record | CRD 330890 |