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Paladin Research Report For:

Adam Schwallier

Schwallier Wealth Management LLC

CFP®
607 Cascade West Parkway SE
Grand Rapids, MI 49546
616-855-2051

About Adam Schwallier

With more than 20 years of experience in the financial services industry, I have been helping to improve clients' long-term financial success and change lives for over 15 years as a fee-only advisor and planner at Schwallier Wealth Management. I offer guidance in the form of financial planning, on-going investment advice and management, and insight on all things affecting life and finances. My goal is that clients are better off for having chosen me, specifically, and I strive to become an indispensable resource in helping clients attain financial peace.

History:
After working as an advisor at Morgan Stanley and AG Edwards and becoming disenchanted with the standard of care to clients and advisors at large wirehouse firms, I struck out on my own for clients and became a fee-only advisor foregoing any commission-based business and working for my clients directly without the conflict of interest of working for a captive brokerage firm. I am constantly reading, learning, and improving my skill-set for clients. This includes proudly becoming a member of NAPFA as a fee-only CERTIFIED FINANCIAL PLANNER professional.

Personal:
I reside in Tallmadge Township with my wife, Val, and my two children. I enjoy spending time with my family, playing basketball as long as my body allows, and practicing yoga.

See Disclosures

General Information

Firm Start Year
  • 2007
No. of Employees
  • 2-4
CRD#
  • 4431899
Firm CRD#
  • 143329
Name of Custodial Firm
  • LPL Financial
States Licensed in
  • MI, IN
Years of Experience in Financial Services
  • 21
Number of Years with Current Firm
  • 15
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, Individual Investors, Non-Profit Organizations
Advisory Services Provided
  • Financial Planning for Businesses, Tax Advice and Services, Financial Planning for Individuals, Financial Advice & Consulting, Investment Advice & Management, Estate Planning & Trusts, Financial Planning, Portfolio Management, Education Funding and Planning, Risk Management, Money Management, Wealth Management, 401K Rollovers, Retirement Planning

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
  • National Association of Estate Planners & Councils (NAEPC), Financial Planning Association (FPA), National Association of Personal Financial Advisors (NAPFA)
Non-Financial Organization Memberships
  • Knights of Columbus University of Michigan Club of Grand Rapids

Firm Information

Firm's Number of Clients
  • 278
Firm's Number of Planning Clients
  • 20
Firm's Number of Managed Clients
  • 258
Assets Managed by Firm
  • $137,835,572
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
  • Based on Assets, Hourly
Fee % Based on Assets
  • .5-1.0%
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

PaladinRegistry.com provides referrals to financial professionals. PaladinRegistry.com is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for PaladinRegistry.com 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.paladinregistry.com/disclosure/1884248/paladinregistry-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.