Mid-American Wealth Advisory Group

Mid-American Wealth Advisory Group manages individual and retirement accounts for a broad base of clients, including both non‑high‑net‑worth and high‑net‑worth individuals, overseeing roughly $335.6 million in assets for about 948 clients with a team of six advisors. The firm offers discretionary and non‑discretionary asset management, access to third‑party asset managers and sub‑advisors, retirement plan rollover guidance, periodic educational workshops, and optional in‑house tax preparation services.

Portfolios are tailored to each client’s goals, time horizon, and risk tolerance and typically include mutual funds, ETFs and limited individual securities, with ongoing monitoring and periodic rebalancing. Investment decisions draw on a mix of fundamental, technical, charting, cyclical and behavioral analysis, and client accounts are custodied with independent custodians that provide regular statements.

Compared with many peers, the firm discloses two less‑common business practices: it provides cash compensation to unaffiliated endorsers under written agreements for advertising, and several investment adviser representatives are also licensed insurance agents who may receive commissions and marketing support through third‑party intermediaries. These dual roles and the endorsement arrangements are addressed through disclosure and supervisory procedures, and clients are given the choice whether to implement insurance recommendations or use in‑house tax services.