FAIRHAVEN FINANCIAL ADVISORY CORPORATION
Adviser information for FAIRHAVEN FINANCIAL ADVISORY CORPORATION last updated from Form ADV on January 2nd, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 3 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 2 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,063 | $242.9M |
| Non-Discretionary | 7 | $10.6M |
| Total | 1,070 | $253.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 876 | $151.5M |
| HNW Individuals | 41 | $95.6M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | <5 | $6.4M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting servicesEducational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesTEACHING CLASS & SEMINAR FEES |
| Other Business Activities | Insurance broker or agent |
Identifiers
| SEC RIA File Number | 801-129226 |
|---|---|
| SEC ERA File Number | 801-129226 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 124266 |
| Legal Entity Identifier | None |
Principal Office
1400 ABBOT ROADSTE 330
EAST LANSING
MI
United States
Monday - Friday, 9:00A.M. - 4:30P.M.
Tel: 517-332-2900, Fax: 517-332-2909
Chief Compliance Officer
RACHEL ANDERSON
1400 ABBOT ROAD, SUITE 330
EAST LANSING
MI
United States
Tel:
517-332-2900
Fax:
517-332-2909
R******@*********************M
(Full email address available in API data)
Regulatory Contact
JOSHUA ROBERDS
INVESTMENT ADVISOR REP
1400 ABBOT ROAD, SUITE 330
EAST LANSING
MI
United States
Tel:
517-332-2900
Fax:
517-332-2909
J*******@*********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| Brooks, Joseph, R | Individual | – | PRESIDENT | 10/1996 | > 75% |
| ANDERSON, RACHEL, C | Individual | – | CHIEF COMPLIANCE OFFICER | 08/2011 | < 5% |
| BROOKS, JONATHAN, RYAN | Individual | – | INVESTMENT ADVISOR REPRESENTATIVE | 01/2023 | 5-10% |
| ROBERDS, JOSHUA, SCOTT | Individual | – | INVESTMENT ADVISOR REPRESENTATIVE | 01/2023 | 5-10% |