MIDWEST CAPITAL ADVISORS, LLC
Adviser information for MIDWEST CAPITAL ADVISORS, LLC last updated from Form ADV on March 27th, 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 | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 8 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 7 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 886 | $779.2M |
| Non-Discretionary | 5 | $168.1M |
| Total | 891 | $947.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 214 | $54.8M |
| HNW Individuals | 100 | $180.3M |
| Banking or thrift institutions | <5 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 52 | $574.6M |
| Charitable organizations | 5 | $8.6M |
| State or municipal gov entities | <5 | $26.7M |
| Other investment advisers | <5 | $0 |
| Insurance companies | <5 | $0 |
| Sovereign wealth funds and foreign official institutions | <5 | $0 |
| Corporations or other businesses | <5 | $4.7M |
| Other | <5 | $97.5M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsEducational seminars/workshopsRETIREMENT PLAN CONSULTING |
|---|---|
| Compensation | % of AUMFixed feesCONSULTING FEES |
Identifiers
| SEC RIA File Number | 801-79681 |
|---|---|
| SEC ERA File Number | 801-79681 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 125389 |
| Legal Entity Identifier | None |
Principal Office
630 KENMOOR AVE. SESUITE 206
GRAND RAPIDS
MI
United States
Monday - Friday, 9:00 AM TO 5:00 PM
Tel: 616-454-9600, Fax: 616-454-9608
Chief Compliance Officer
STEPHEN J. WITTE
630 KENMOOR AVE. SE
SUITE 206
GRAND RAPIDS
MI
United States
Tel:
616-454-9600
Fax:
616-454-9608
S*****@*************M
(Full email address available in API data)
Regulatory Contact
MIKE DESMYTER
MANAGING PRINCIPAL
630 KENMOOR AVE. SE, SUITE 206
GRAND RAPIDS
MI
United States
Tel:
6164549600
Fax:
6164549608
M********@*************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 |
|---|---|---|---|---|---|
| SWAIN, HENRY, GRINNELL | Individual | – | MEMBER | 01/2003 | < 5% |
| GIETZEN, JEFFREY, A | Individual | – | MEMBER | 01/2003 | < 5% |
| DESMYTER, MICHAEL, DAVID | Individual | – | MEMBER, MANAGER | 01/2014 | 25-50% |
| TUNGE, JACK, NICKLAUS | Individual | – | MEMBER | 01/2019 | 25-50% |
| SATKOSKI, MARK, RICHARD | Individual | – | MEMBER | 01/2019 | 25-50% |
| Witte, Stephen, Jay | Individual | – | CHIEF COMPLIANCE OFFICER | 07/2021 | < 5% |