Midwest Capital Advisors at a glance
- One of 237 fee-only firms based in Michigan in the Wellspent graph.
- 8 advisors are listed here; 3 of 8 hold the CFP.
- Its Form ADV reports 11 employees and 265 individual clients, 125 of them high net worth.
- Its average account is about $1.4 million (assets it manages divided by its 971 accounts).
Fee-only advisors in Michigan · What fee-only advisors charge in Michigan
Facts
| Based in | Grand Rapids, Michigan |
|---|---|
| Website | midwestcap.com |
| [email protected] | |
| Phone | (616) 454-9600 |
Questions about Midwest Capital Advisors
How is Midwest Capital Advisors paid?
Midwest Capital Advisors's Form ADV says it is paid by: percentage of assets, fixed fees.
How many advisors does Midwest Capital Advisors have in the Wellspent public graph?
The Wellspent public graph lists 8 advisors at Midwest Capital Advisors, and 3 hold the CFP.
What is the average account at Midwest Capital Advisors?
Midwest Capital Advisors's average account is about $1.4 million. That's the assets on its Form ADV divided by its 971 accounts.
Midwest Capital Advisors fees
Midwest Capital Advisors doesn't publish its prices on its website, or we couldn't confirm them word for word. Its website says it charges by: percentage of assets. 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 | $1.4 billion |
| Individual clients | 140 |
| High-net-worth clients | 125 |
| Accounts managed | 971 |
| Employees | 11 |
| Planning clients | More than 500 |
| Registered with | The SEC (801-79681) |
| Financial planning | Offered |
| Form ADV filed | May 15, 2026 |
| SEC record | CRD 125389 |