Powers Investment Advisory Corporation

Powers Investment Advisory Corporation provides discretionary asset management to individual and high-net-worth clients, overseeing about $111.6 million across roughly 101 client relationships with two advisory professionals. The firm focuses on portfolio construction, security selection, and ongoing monitoring tailored to each client’s documented goals and risk tolerance and charges advisory fees on an assets‑under‑management basis.

PIAC’s process begins with a risk-tolerance assessment and a basic asset allocation model, then applies fundamental analysis and third‑party research (including ValueLine, Argus, Morningstar, CFRA, Thomson Reuters, and TheStreet) to select mutual funds, ETFs, individual equities, REITs and fixed income to pursue income-oriented objectives common among its clientele. Portfolios are reviewed on a schedule that varies by account size and may include rebalancing, tax‑loss harvesting opportunities, and other periodic oversight.

Compared with many peers of similar size, the firm discloses several notable affiliated business activities: one principal operates as a registered representative of LPL Financial and receives external compensation and transition assistance tied to that relationship, and another principal provides tax‑preparation services; the brochure identifies these as potential conflicts of interest mitigated by disclosures and firm procedures. PIAC also does not vote client proxies, allows clients to impose written investment restrictions, and has a no‑minimum account opening policy, features that may be atypical for firms with its asset base.