Powers Advisory Group, LLC logo

Powers Advisory Group, LLC

Updated today

Client assets under management

$325,345,193

Clients

575

22% high-net-worth

Advisors

3

of 6 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

192

Very High

Average account size

$565,818

About

Powers Advisory Group, LLC provides discretionary investment management, financial planning, and pension consulting to individuals (including high net worth clients) and to corporations or other businesses, managing $329,500,201 on a discretionary basis for about 575 clients and advising on an additional $29,560,210 of held-away assets. The firm operates with three investment adviser representatives and offers services to both individual investors and plan sponsors.

The firm’s investment approach centers on asset allocation and security selection with an emphasis on quality, current income, low internal expenses, and dividend reinvestment strategies implemented principally through ETF portfolios that are periodically rebalanced. Powers Advisory Group combines fundamental and technical analysis in its research and manages client accounts on a discretionary, fee-only percentage-of-AUM basis.

What is distinctive about the firm is its scale relative to its adviser count and its explicit service model for held-away defined contribution/participant accounts using a third‑party platform while avoiding custody, alongside traditional pension consulting for plans. The brochure also notes that financial planning is typically included for investment management clients (with a standalone fixed-fee option available to non-managed clients that can be waived if they become clients within six months), the firm does not vote client proxies, and it uses a third party (Chicago Clearing Corporation) for class-action claim monitoring.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Retirement income strategy General retirement planning College savings (529s, UTMA, etc.) Cash flow / budgeting

Want help finding the right advisor?

Answer a few questions to see advisors matched to you.

Fee options

Fixed

Fixed fee of $2,000 for a financial plan when charged separately

Percentage

$0 - $1,000,000: 1.00% annually $1,000,001+: 0.50% annually

Other

Account minimum: $100,000 Fee-only: Fee-only basis representing a percentage of assets under management as specified in fee tiers

Main office location

Powers Advisory Group, LLC

2603 Plaza Drive

Highland IL 62249, United States

Number of offices

1

Most active in

Florida · Illinois · Missouri · Nebraska · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Nicholas R

Series 65

Highland, IL

Powers Advisory Group, LLC

Nicholas Rutz is a financial advisor at Powers Advisory Group, LLC with two years of industry experience. He holds a Series 65 designation and has been involved in business ventures including ownership of a child care company and a real estate investment company. Prior to joining Powers Advisory Group, he was associated with Siblings & Company LLC and operated a restaurant business under Rutz Group II DBA Popeye's Chop House. Powers Advisory Group provides discretionary investment management, financial planning, and pension consulting services to individuals, high-net-worth clients, and corporate retirement plans. The firm manages approximately $250.9 million on a discretionary basis, focusing on asset allocation, security selection, and dividend-producing securities within ETF-based portfolios.

Retirement income strategy General retirement planning College savings (529s, UTMA, etc.) Cash flow / budgeting
user avatar

Matthew P

Series 63, Series 65

Highland, IL

Powers Advisory Group, LLC

Matthew Powers is a financial advisor at Powers Advisory Group, LLC with 20 years of industry experience. He holds Series 63 and Series 65 designations and has been with Powers Advisory Group since 2014. Powers Advisory Group provides discretionary investment management, financial planning, and pension consulting to individual and high-net-worth clients as well as corporate retirement plans. The firm manages approximately $250.9 million on a discretionary basis and focuses on asset allocation and security selection with an emphasis on quality, income generation, and low internal costs.

Retirement income strategy General retirement planning College savings (529s, UTMA, etc.) Cash flow / budgeting
user avatar

Richard R

Series 65, Series 66

Highland, IL

Powers Advisory Group, LLC

Richard Ringwald is a financial advisor at Powers Advisory Group, LLC with nine years of industry experience. He holds Series 65 and Series 66 licenses and has worked at Powers Advisory Group since 2017. Prior to this, he was employed at Commerce Bank for two years and has been associated with Stifel Nicolaus since 2001. Powers Advisory Group provides discretionary investment management, financial planning, and pension consulting to individual and high-net-worth clients as well as corporate retirement plans. The firm manages approximately $250 million in assets and emphasizes asset allocation, quality income generation, and low internal costs through dividend-producing securities and ETF-based portfolios.

Retirement income strategy General retirement planning College savings (529s, UTMA, etc.) Cash flow / budgeting
Warmer team member

Not sure where to start?

We'll help you think it through — whether you ultimately need an advisor or not.

Warmer helps you compare advisors clearly — so you can choose with confidence.

Find your advisor
Discover

Compare top advisor firms by metric, firm size, and location.

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")