Mid American Wealth Advisory Group Inc.
- Regulatory AUM
- $336M
- Discretionary
- $336M
- Clients
- 958
- Avg AUM / client
- $350K
- Accounts
- 2,191
- Employees
- 21
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026
Investments (13F portfolio — 66 positions, $276,591,212)
13F period Jun 30, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Elevation Series Trust | S&P AU DE IN ETF | $45,507,064 | 1,811,587 | 16.5% | 13.6% |
| 2 | Simplify Exchange Traded Fun | SHORT TERM TREA | $30,740,532 | 1,505,044 | 11.1% | 9.16% |
| 3 | Pimco Etf Tr | 0-5 HIGH YIELD | $29,419,672 | 314,582 | 10.6% | 8.77% |
| 4 | Aim Etf Products Trust | ALLIANZIM US EQU | $18,281,017 | 579,884 | 6.61% | 5.45% |
| 5 | Pimco Etf Tr | ULTR SH GO AC FD | $17,933,030 | 177,678 | 6.48% | 5.34% |
| 6 | Pimco Etf Tr | MULTISECTOR BD | $12,663,220 | 477,497 | 4.58% | 3.77% |
| 7 | Ishares Tr | IBON 2026 TE ETF | $10,504,575 | 463,778 | 3.8% | 3.13% |
| 8 | Pimco Etf Tr | 15+ YR US TIPS | $8,678,640 | 171,345 | 3.14% | 2.59% |
| 9 | Spdr Series Trust | ST STR BLO 1 ETF | $8,268,973 | 90,233 | 2.99% | 2.46% |
| 10 | Aim Etf Products Trust | ALLIA US MAY ETF | $7,476,245 | 215,020 | 2.7% | 2.23% |
| 11 | Carillon Ser Tr | RJ EA GCM DI ETF | $6,164,882 | 210,262 | 2.23% | 1.84% |
| 12 | Ishares Tr | IBON 2027 TE ETF | $4,323,637 | 195,817 | 1.56% | 1.29% |
| 13 | Pimco Etf Tr | SR LN ACTIVE ETF | $4,319,875 | 87,606 | 1.56% | 1.29% |
| 14 | Neos Etf Trust | NEOS S&P 500 HI | $4,219,487 | 79,478 | 1.53% | 1.26% |
| 15 | Nvidia Corporation | COM | $4,015,062 | 20,066 | 1.45% | 1.2% |
| 16 | Innovator Etfs Trust | INDE AUT INC ETF | $3,962,209 | 155,686 | 1.43% | 1.18% |
| 17 | Invesco Exch Traded Fd Tr Ii | NASDAQ 100 ETF | $3,512,539 | 11,594 | 1.27% | 1.05% |
| 18 | Elevation Series Trust | TRUE SE BUFF ETF | $3,460,198 | 125,415 | 1.25% | 1.03% |
| 19 | Bristol Myers Squibb Co | COM | $3,353,063 | 58,193 | 1.21% | 1.0% |
| 20 | Schwab Strategic Tr | US SML CAP ETF | $3,195,133 | 88,434 | 1.16% | 0.95% |
| 21 | Pimco Etf Tr | 25YR+ ZERO U S | $3,041,201 | 47,445 | 1.1% | 0.91% |
| 22 | Verizon Communications Inc | COM | $3,021,709 | 71,368 | 1.09% | 0.9% |
| 23 | Elevation Series Trust | TRUE QU BEAR ETF | $2,960,712 | 124,400 | 1.07% | 0.88% |
| 24 | Pimco Etf Tr | ENHAN SHRT MA AC | $2,865,524 | 28,425 | 1.04% | 0.85% |
| 25 | Simplify Exchange Traded Fun | INTMD TERM TRSRY | $2,534,934 | 198,552 | 0.92% | 0.76% |
Top 25 of 66 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 902 | $244M | 72.6% |
| High net worth individuals | 46 | $86.4M | 25.7% |
| Pension and profit sharing plans | 10 | $4.5M | 1.33% |
| Corporations and other businesses | Fewer than 5 clients | $1.1M | 0.34% |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Mark Stephen Falter | President | Apr 1999 (27y) | 75% or more | |
| Mccann, Kevin, Michael | Chief Compliance Officer | Jan 2023 (4y) | Less than 5% | |
| Richard Caleb Falter | Registered representative | Dec 2019 (7y) | ||
| Joshua Stephen Falter | Registered representative | Nov 2020 (6y) | ||
| Kolton Hunter Hurst | Registered representative | Mar 2024 (2y) | ||
| Patrick Donald Guilfoy | Registered representative | Jul 2025 (1y) | ||
| Charles Martin Bourquin | Registered representative | Feb 2026 (0y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 942 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- Charles Schwab & Co. $325M (97% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗