Adam Schwallier
Schwallier Wealth Management LLC
535 Cascade West Parkway SE
Grand Rapids, MI 49546
6168552051
About Schwallier Wealth Management LLC
Schwallier Wealth Management LLC has been helping to improve clients' long-term financial success
and change lives for over 15 years. We offer guidance in the form of financial planning, on-going
investment advice and management, and insight on all things affecting life and finances. Our goal
is that clients are better off for having met us, specifically, and we want to become an
indispensable resource in helping clients attain financial peace.
After tiring of being a captive advisor to a broker-dealer and managing the inherent conflicts
that serving two masters(employer and client) creates, Adam Schwallier formed this SEC-Registered
Investment Advisory(RIA) firm.
Schwallier Wealth Management(SWM) was borne to serve clients directly without the trappings of a
broker-dealer. As a fiduciary, SWM is required to always work in clients best interests and fully
disclose any conflicts of interest.
As a fee-only firm, we work directly for clients and never accept any commission revenue that may
create a conflict of interest.
Using this approach, the firm has grown well from a single advisor office to a multiple advisor
team with a robust staff.
See Disclosures
General Information
Firm Start Year
2007
No. of Employees
2-4
CRD#
4431899
Firm CRD#
143329
Name of Custodial Firm
Fidelity/Altruist/LPL
States Licensed in
MI, IN
Years of Experience in Financial Services
24
Number of Years with Current Firm
18
Work Experience
* President and IAR, Schwallier Wealth
Management LLC (09/07-Present)
* Financial Consultant, AG Edwards & Sons,
Grand Rapids, MI (08/05-09/07)
* Financial Advisor, Morgan Stanley, Grand
Rapids, MI (04/01-08/05)
* Actuarial Associate, Lincoln National Life
Insurance Company, Fort Wayne, IN (5/97-04/01)
Work with the following types of clients
Businesses, Non-Profit Organizations, Individual Investors
Advisory Services Provided
Financial Advice & Consulting, Investment Advice & Management, Estate Planning & Trusts, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Planning for Businesses, Tax Advice and Services, Financial Planning for Individuals
Compliance
Registered Investment Advisor
Yes
Investment Advisor Representative
Yes
Acknowledged fiduciary
Yes
Compliance Disclosures in Last 5 years
I have a clean record
Criminal Disclosures in Last 5 years
I have a clean record
Qualifications & Membership
Certifications, Accreditations & Designations
CFP®
Securities Licenses
Series 66
Financial Organization Memberships
Financial Planning Association (FPA), National Association of Personal Financial Advisors (NAPFA), National Association of Estate Planners & Councils (NAEPC)
Non-Financial Organization Memberships
Knights of Columbus University of Michigan Club of Grand Rapids
Firm Information
Firm's Number of Clients
300
Firm's Number of Planning Clients
280
Firm's Number of Managed Clients
250
Assets Managed by Firm
$190,000,000
Advisor's Number of Clients
262
Advisor's Number of Managed Clients
159
Advisor's Number of Planning Clients
20
Assets Managed by Advisor
$137,835,572
Compensation and Fees
Fee Structure
Fee-Only
Minimum Portfolio Size for New Managed Accounts
$250,000
Compensation Methods
Flat Fee, Based on Assets, Hourly
Fee % Based on Assets
.5-1.0%
Hourly Rate
$350
Additional Details on Charges
Fee% based on asset level and risk tolerance.
Minimum Fee Charged for Managed Accounts
$0
Education
Bachelor of Science - Math of Finance
University of Michigan
1991 - 1996
Disclosures
RothIRA.org provides referrals to financial professionals. RothIRA.org is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for RothIRA.org to make these referrals, resulting in a conflict of interest.
https://static.fmgsuite.com/media/documents/9d6bc10c-9c08-4218-b837-4c1d5d0452c8.pdf
Additional Detailed Disclosures
https://www.rothira.org/disclosure/1884248/rothira-Schwallier-Wealth-Management-LLC-detailed-disclosure.html
Disclaimer
This is the space where a broker-affiliated advisor must disclose the broker-dealer relationship that they do some commission business through. Since we are fee-only, work directly for clients, and forego commissions, no disclaimer is needed.